Newbuikding ordering activity has taken a back seat, as the Holiday Season approaches. In its latest weekly report, Allied Shipbroking said that “an anticipated slow-down was witnessed in the newbuilding market as we are approach the end of the year, with most buying appetite seemingly rescheduled...
https://www.hellenicshippingnews.com/newbuilding-market-slowing-down-as-holiday-season-nears/
Euroseas Ltd., an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced the extension of the charter of its container vessel M/V “Synergy Antwerp”. Specifically: M/V “Synergy Antwerp”, a 4,253 teu vessel built in 2008, was extended for a period of between thirty-two (32) and thirty-five (35) months …
The post \Euroseas Ltd\. Announces New Charter for its M\/V “Synergy Antwerp”\ first appeared on \Hellenic Shipping News...
https://www.hellenicshippingnews.com/euroseas-ltd-announces-new-charter-for-its-m-v-synergy-antwerp/
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the acquisition of a Japanese-built, dry-bulk, Post-Panamax class, 87,000 dwt, newbuild vessel at an attractive price with a scheduled delivery within the third quarter of 2022. The vessel is designed to meet the latest …
Trade volumes for iron ore and other dry bulk commodities have shown considerable promise of late, offsetting the coal “issue” between China and Australia. In its latest weekly report, shipbroker Allied Shipbroking said that “it has been a week of further boosts in global commodity prices as the...
The tanker market is bound to need more time to recover after a year which was far from normal. In its latest weekly report, shipbroker Gibson said that “the best science fiction script writers from Hollywood could not have come up with the twists and turns that we have experienced during 2020. In...
https://www.hellenicshippingnews.com/tanker-market-expected-to-take-time-to-recover/
The tanker market stayed weak during the month of November, OPEC said in its latest monthly report. Dirty tanker rates remained weak in November, at the historically low levels so far in 2H20, amid ample tonnage lists. However, signs indicating that November could be the bottom of the market have...
https://www.hellenicshippingnews.com/tanker-market-weak-throughout-november/
Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes announced today that it has entered into a definitive agreement with entities affiliated with E.R. Capital Holding GmbH & Cie. KG (“E.R.” or “Sellers” ) pursuant to which the Company will acquire...
The existing disruptions in the global supply chain and commodities’ trade is having an impact on all aspects of trade, including financing. In its latest weekly report, shipbroker Intermodal said that “trading companies frequently count on short-term credit lines to finance their deals. In case...
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels, the m/v Baltimore. The gross charter rate is US$13,000 per …
The post Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Baltimore with Koch first appeared on Hellenic Shipping...
Demolition activity has picked up pace as the year draws to an end. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the stability witnessed in the market this week has provided a much-needed backbone for Cash Buyers and brokers to work off. These levels are seemingly in...
https://www.hellenicshippingnews.com/demolition-activity-picking-up-pace/