ThPA S.A. announces that the joint venture “MYTILINEOS SA – ROVER MARITIME SL – HDK SA” has been awarded the project “Expansion of the Marine Works Infrastructure of Pier 6” with a budget of 150 million euro, at the current stage of the tender. This project is the most important part of the...
https://www.hellenicshippingnews.com/thpa-s-a-contractor-for-the-6th-pier-of-thessaloniki-port/
The dry bulk market has been experiencing some positive momentum of late. In its latest weekly report, shipbroker Allied Shipbroking said that “the dry bulk market has moved on a positive track as of the past couple of weeks or so. Following the typical softening in freight conditions during the...
https://www.hellenicshippingnews.com/dry-bulk-market-on-the-rise/
Navios Maritime Holdings Inc., a global seaborne shipping and logistics company, reported financial results for the fourth quarter and year ended December 31, 2021. Angeliki Frangou, Chairwoman and Chief Executive Officer, stated, “I am pleased with our excellent results for the fourth quarter and full year of 2021. In the fourth quarter of 2021, Navios …
The post Navios Maritime Holdings Inc. Reports 40.6% 2021 Revenue Increase and 53.2% During the Fourth Quarter first appeared on Hellenic...
The demolition market has come alive over the past few weeks, as firmer rates have triggered an increased supply of vintage tonnage. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “it would appear the recent firmer rates are now attracting interest from several ship...
https://www.hellenicshippingnews.com/ship-recycling-picks-up-pace/
Ship owners have remained coy when it comes to placing a large number of newbuilding orders during the past week, as has been the case of late. In its latest weekly report, shipbroker Allied said that “the ship newbuilding market continued on an uninspiring trajectory for yet another week, with a...
https://www.hellenicshippingnews.com/ship-owners-reluctant-to-commit-to-more-newbuildings/
Another important distinction for Piraeus Port Authority in this year’s MONEY Business Awards, achieving second-highest investment ranking in 2021. The “HRIMA Business Awards” is organized in collaboration with Ethos EVENTS and the economic and business portal banks.com.gr. The event’s main objective is to highlight all businesses which support the Greek economy and have contributed decisively …
The post PPA S.A.: High investment award for the year 2021 first appeared on Hellenic Shipping News...
https://www.hellenicshippingnews.com/ppa-s-a-high-investment-award-for-the-year-2021/
Tsavliris’ fire-fighting tug “Proteas” participated in the FiFi operation of the “Euroferry Olympia” off Corfu, under the directions of the Fire Brigate Commander. The pictures depict the fire-fighting operation. Source: Tsavliris Salvage
The post Tsavliris Salvage Assists “Euroferry Olympia” first...
https://www.hellenicshippingnews.com/tsavliris-salvage-assists-euroferry-olympia/
The tanker market’s balance of demand and supply could be headed towards a more sustainable future down the line. In its latest weekly report, shipbroker Allied said that “the tanker market has been in a state of despair since the pandemic brought an almost complete collapse of global demand for...
https://www.hellenicshippingnews.com/tanker-market-looks-for-more-balance-down-the-line/
The Aframax Mediterranean market stands to benefit from a potential recovery of Libya’s oil production, however difficult this may sound at present. In its latest weekly report, shipbroker Gibson said that “in recent years, despite holding the largest oil reserves in Africa and the 9th largest...
Tensions aside, China remains Australia’s biggest market for iron ore, accounting for almost 80% of its exports in 2021. In a recent weekly report, shipbroker Banchero Costa noted that “2021 was still a reasonably positive year for global iron ore trade, despite China’s cooling demand, with the...
https://www.hellenicshippingnews.com/australia-remains-a-key-exporter-of-iron-ore-to-china/