The Baltic Exchange’s dry bulk sea freight index advanced on Friday to post its biggest weekly rise since mid-August, propelled by gains across vessels segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, added 56 points, or 1.8%, to a one-month high of...
Seanergy Maritime Holdings Corp. announced yesterday the delivery of a previously-announced Capesize vessel acquisition, M/V Dukeship (the “Vessel”), and the simultaneous commencement of its time charter (“T/C”) employment. In addition, the Company has successfully closed the previously-announced sustainability-linked loan facility with Piraeus Bank (the “Facility”). Delivery of the M/V Dukeship The M/V Dukeship, a 181,500-dwt …
The post Seanergy Maritime Announces Delivery & Immediate Period...
Daewoo Shipbuilding & Marine Engineering will build a second wind turbine installation vessel for Eneti, a Monaco-based company specializing in offshore wind farm construction and services. The order worth 382.9 billion won ($324 million) was part of an option for a contract secured in May 2021. A wind turbine installation vessel (WTIV) has specific needs, …
The post Daewoo shipyard wins Eneti’s order to build second wind turbine installation vessel first appeared on Hellenic Shipping News...
The Nippon Foundation-GEBCO Seabed 2030 Project has signed a Memorandum of Understanding (MOU) with Map the Gaps. The new partnership will see both parties work together to increase our understanding of the world’s ocean and produce the definitive map of the ocean floor. Seabed 2030 is a collaborative project between The Nippon Foundation and GEBCO …
The post The Nippon Foundation-GEBCO Seabed 2030 Project and Map the Gaps announce new partnership first appeared on Hellenic Shipping News...
New orders for U.S.-made goods increased more than expected in October and businesses spending on equipment appeared to rebound after declining in the third quarter. The Commerce Department said on Friday that factory orders increased 1.0% in October. Data for September was revised higher to show...
https://www.hellenicshippingnews.com/u-s-factory-orders-rise-more-than-expected-in-october/
US employers hired only 210,000 more workers in November, missing economists’ predictions for stronger growth. Forecasters had been expecting US non-farm payrolls to increase by 550,000. The US Bureau of Labour Statistics said there had been a decline in employment in the retail sector. But on the...
https://www.hellenicshippingnews.com/us-jobs-growth-falls-far-short-of-expectations/
Cooxupé, the world’s largest coffee co-op and Brazil’s number one exporter, cut its projection for 2021 coffee exports to 4.8 million bags from 6.5 million bags previously, saying shipping bottlenecks and a smaller crop are reducing export volumes. Cooxupé’s president Carlos Augusto Rodrigues de...
The APL ESPLANADE made its first call today at Yokohama port, becoming the CMA CGM Group’s first 14,000-TEU containership in the Japanese port. Accommodation has been made for the Honmoku D4 terminal in Yokohama to receive larger vessels of up to 14,000 TEUs. The APL ESPLANADE arrived at the...
https://www.hellenicshippingnews.com/cma-cgm-group-upsizes-vessels-calling-at-port-of-yokohama/
The long and winding road to reach a bipartisan deal on US infrastructure spending has finally come to an end, with the domestic steel and aluminum industries expected to see a boost to demand in the coming years as projects take shape. The Infrastructure Investment and Jobs Act, signed into law by...
In 2020, the value of U.S. energy imports from Canada totaled $58 billion—accounting for more than one-fifth of the value of all U.S. imports from Canada. The value of U.S. energy imports from Canada fell by 31% in 2020 compared with 2019, and the value of U.S. energy exports to Canada fell 34%,...