Dry Bulk Market Benefiting From Higher Brazilian Iron Ore Exports

Brazil’s iron ore exports grew by 7.9% in 2023, favoring higher ton-mile demand for dry bulk carriers. In its latest weekly report, shipbroker Banchero Costa discussed the global iron ore trade and Brazil’s exports in particular. According to the report, “2023 was a very positive year for global...


Diana Shipping Inc. Announces Time Charter Contract for m/v Crystalia With Louis Dreyfus Company

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Louis Dreyfus Company Freight Asia Pte. Ltd., for one of its...


Ship Recycling Prices Moving Higher, as Lack of Tonnage Still Evident

Ship recycling prices have reached higher grounds, as a result of persistent lack of vessels on offer. In its latest weekly report, Best Oasis (www.best-oasis.com), among the leading cash buyers of ships, said that “over the past week, the ship recycling markets across various destinations have...


Greece maintains top 3 position as world maritime leader with fleet worth USD 169 billion

VesselsValue unveils this year’s top 10 shipowning nations, reviewing the total asset values for vessels by beneficial owner country. From Japan’s resolute leadership in the top position with a USD 206.3 billion fleet to the emergence of Hong Kong at USD 44.7 billion, asset values and ownership...


PPA S.A.: Signing a Memorandum of Understanding (MoU) with the Port of Guangzhou in China

In a special ceremony hosted at its premises, PPA S.A. entered a partnership with the Port of Guangzhou in China, ranking among the top 10 largest commercial ports globally. The MoU was signed by the Deputy CEO of PPA S.A. Mr. Panagiotis Tsonis and the Deputy General Manager at Guangzhou Port Group...


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