Norden is sharing the wealth with its shareholders after a “fantastic” second quarter with a surprise interim dividend and a new share buyback programme. Record margins generated by Norden’s freight […]
You can’t even go on vacation anymore without being confronted with the impacts of climate change. As my family arrived at an oceanfront apartment, we rented in Cartagena’s Boca Grande […]
New York Stock Exchange-listed Zim saw profits increase by 50% in the second quarter, despite mounting evidence of easing volumes and falling freight rates. The Haifa-based carrier reported net income […]
Yards in southern China have been forced to declare force majeure on some orders, after work schedules and production were severely affected by searing temperatures. This summer has been one […]
USDA cuts EU grain projections following high temperatures In its latest WASDE report, the USDA has reduced its 2022/23 (July-June) projection for EU corn output by 11.8% to 60 MMT, […]
Newcastlemax owner 2020 Bulkers reported a fall in profits in the second quarter, driven in part by cuts in long-haul Brazilian iron ore exports. It reported profits of $12m, in […]
Accelerating infra push amid weak economic print: Premier Li Keqiang at his meeting with key local government officials, as well as China’s NDRC at its monthly meeting (both on 16 […]
Oslo Stock Exchange-listed Belships has reported a jump in profits and revenue in the second quarter of this year after expanding its fleet. The company reported a net profit of […]
Globus Maritime, a New York-listed owner of a dozen bulkers in the water or under construction, said it expects its market to continue generating good earnings, despite a recent rate […]
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) reported net loss of KRW 668bn ($509m) for the first half of this year amid rise in newbuilding contracts, according to Yonhap […]
