Home - Shipping Herald
WEB3 days ago — Globus Maritime, a dry bulk shipping company, today reported its unaudited consolidated financial results for the second quarter and six-month period ended June 30,...
Shipping News Archives - Shipping Herald
WEB4 days ago — Heraklion to host 8th Posidonia Sea Tourism Forum in May 2025, marking a first for Greece’s largest island. Leading cruise industry event to address over-tourism and explore new mediterranean destinations, with global industry leaders set to convene in …
Japan shipbuilding pins comeback hopes on zero-emissions vessels
WEBSep 27, 2021 — 782. With decarbonization emerging as a priority in the traditionally emissions-heavy shipping industry, Japan’s Imabari Shipbuilding aims to launch a cargo vessel that runs entirely on ammonia by 2026. No ammonia-powered ships have been built to date, but the fuel is considered a key green energy source for the future.
Port of Los Angeles Completes Everport Container Terminal …
WEBApr 5, 2022 — 464. The Port of Los Angeles has completed construction of the $65 million Everport Terminal Improvement Project located at Berths 226-236 along the Los Angeles Main Channel. The project allows Everport to improve the container-handling efficiency and capacity of its existing terminal to accommodate the projected fleet mix of larger container ...
Diana Shipping: Signing and Drawdown of US$100 Million Term …
WEBJun 30, 2023 — Diana Shipping announced that on June 26, 2023, it signed a term loan facility with DNB Bank ASA for up to US$100 million with maturity date up to December 2029, subject to mutually agreed margin reset at the end of the fourth year. Yesterday, it concluded the drawdown of US$100 million, secured by …
Shipping lines eye further increases in mid-December
WEBDec 13, 2021 — All-inclusive trans-Pacific container shipping rates to North America held steady in the week to Dec. 10 with the expectation that shipping lines would push for further increases next week as demand strengthens. With restocking for the year-end shopping season out of the picture and China’s Lunar New Year break in …
Seaways and Diamond S complete merger - Shipping Herald
WEBJul 20, 2021 — International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, announced the completion of its previously announced merger with Diamond S Shipping. The combined company will continue to operate as International Seaways and trade on the New York Stock Exchange under the symbol INSW. The Company […]
GRSE secures international order worth USD 108 million
WEB4 days ago — This follows an initial contract signed in June 2024 for two vessels. The new order, totalling eight vessels in total, is valued at approximately USD 108 million. Each vessel will be 7,500 DWT and will be designed, built, and delivered by GRSE. The construction period for each vessel is estimated to be 33 months from the date of …
Celestyal unveils new ‘Iconic Arabia’ shore excursion programme
WEBSep 19, 2024 — Celestyal has released details of the shore excursion programme for its new-for-2025 ‘Iconic Arabia’ itineraries. Following the recent announcement that both ships will operate the winter season in the Arabian Gulf from 2025, with Celestyal Journey homeporting in Doha from November this year, and …
Baltic index extends gain on strong capesize rates
WEBDec 13, 2023 — The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, added 42 points, or 1.7%, at 2,551. The capesize index was up 194 points, or 4.4%, to 4,592. Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore and coal, added $1,607 to …