Capital Product Partners L.P. announced that the M/V ‘Adonis’ (115,145 dwt / 9,288 TEU, Eco-Flex, Wide Beam Containership built 2015, Daewoo-Mangalia Heavy Industries S.Α.) was delivered to its new owners on December 13, 2021, generating gross proceeds from the sale of approximately $49.3 million after repaying outstanding debt. In addition, the Partnership took delivery of …
The MM Risk Prevention Platform was set up in 18th October 2019, on the initiative of Marasco Marine’s founder and President, Mr. Anastasios Maraslis. This unique, special purpose and interest committee, which consists the Marasco Marine Ltd advisor’s board, has now grown its team further. On the...
https://www.hellenicshippingnews.com/mm-risk-prevention-platform-grows-further/
The shipbuilding market seems to be heating up with many deals being reported, as the year edges closer to the end. In its latest weekly report, shipbroker Allied Shipbroking said that it was “a very active week in the shipbuilding market with several new orders being placed for key segments. In...
https://www.hellenicshippingnews.com/shipbuilding-market-heats-prior-to-holidays/
Navios Maritime Holdings Inc., a global seaborne shipping and logistics company, today reported financial results for the third quarter and nine months ended September 30, 2021. Angeliki Frangou, Chairwoman and Chief Executive Officer, stated, “I am pleased with the results for the third quarter of 2021. In the third quarter, Navios Holdings reported revenue of …
The post Navios Maritime Holdings Reports 55.7% Increase in Third Quarter Dry Bulk Vessel Revenues first appeared on Hellenic Shipping...
PMG Holding, physical marine fuel suppliers and bunker traders hire Teri Houhouli as Senior Trader in their Athens Office the company stated in a LinkedIn post. Teri has over 17 years of bunker experience, working previously in companies such as Amoil and Integr8 prior to joining PMG Holding....
The demolition market has continued to remain lackluster, with scarce tonnage availability and scrapyards reluctant to raise their offers. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the ship recyclers appear to be spooked by the weakening steel markets on the global...
https://www.hellenicshippingnews.com/demolition-activity-still-lackluster-as-holiday-season-nears/
LNG bunker fuels are gaining traction as a way to reduce emissions “right here and right now” among many members of the shipping community. However, it’s only ever going to be a bridging fuel. In its latest weekly report, Gibson said that “the world is changing rapidly around us. One thing that has...
The global LPG seaborne trade has improved this year, helping LPG shipping companies’ bottomline. In its latest weekly report, shipbroker Banchero Costa said that “global LPG trade remained fairly positive so far in 2021, despite the global impact from COVID-19. Even in 2020 total seaborne imports...
The Minister of Transport and Logistics Services and Chairman of Board of Directors of Public Transport Authority Eng. Saleh Bin Nasser Al-Jasser signed here Wednesday a joint cooperation agreement in the field of maritime transport between Saudi Arabia and Greece. The Greek side was represented by...
STEALTHGAS INC., a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced its unaudited financial and operating results for the third quarter and nine months ended September 30, 2021. STRATEGIC, OPERATIONAL AND FINANCIAL HIGHLIGHTS1 • Successful spin-off of our four tankers concluded on December 3, 2021 to a new …