The first ship inbound for a Ukrainian seaport in many months passed Rhodes in southern Greece this morning enroute to Chornomorsk, one of three ports allowed to export grain under […]
AP Moller-Maersk expects to make even more money than previously predicted due to a “continuation of the exceptional market situation”, it said today. The Danish shipping giant now expects underlying […]
The 29,292 dwt Razoni bulk carrier departed from the port of Odesa this morning, becoming the trial first vessel to transit the Black Sea from Ukrainian waters in more than […]
Japan’s Ocean Network Express (ONE) logged another record quarter on the back of “significantly higher” freight rates. Net profit rose to $5.5bn for the period from April to June, some […]
An insurance scheme has been finalized to cover Ukrainian grain shipments, with the deal getting the support of the Lloyd’s of London market. Lloyd’s of London insurer Ascot and broker […]
The deal to get grains out of Ukraine will benefit the smaller-sized bulk carriers, if proved successful, according to ship brokerage Braemar. The start of shipments through a safe corridor […]
Europe’s ‘Breadbasket’ Ukraine’s contribution to global agricultural markets and seaborne grain trade has grown firmly over recent decades, with exports rising from 6 MMT in 2000 to 50 MMT in […]
Pacific Basin, a Hong Kong-based owner and operator of smaller-sized bulk carriers, is optimistic for the market prospects despite slowing global economic growth. “The minor bulk freight market in the […]
Diana Shipping has sweetened its shareholder payout for the second quarter, thanks to achieving a better bottom line in a stronger dry bulk sector. The Semiramis Paliou-led owner with 35 […]
London stock-listed Taylor Maritime Investments (TMI) said it has recorded its fifth consecutive quarter of appreciating net asset values and dividend payments. On 30 June, the handysize bulker specialist said […]
