The chief executive of the only bulker owner listed in Singapore has shown his confidence in the company following a sell-off in its shares. Uni-Asia Group’s Kenji Fukuyado acquired 70,000 […]
Globus Maritime’s earnings have soared into the black as charter rates skyrocketed from a year ago. The Athanasios Feidakis-led owner of nine bulkers with three bulkers on order posted a […]
The invasion of Ukraine and a global pandemic have been disastrous for the world but good for shipping, a Capital Link conference was told. Increases in commodity prices and sanctions […]
The capesize bulker market fell on Monday despite significant gains in iron-ore prices as China reportedly got a grip on Covid and plans to lift stringent lockdowns. Removing the restrictions […]
How would big-name Greek shipowners spend $100m? — Inflation means it won’t buy you as many ships as it used to. That was the consensus. Shipowner George Economou revealed that […]
George Procopiou and Evangelos Marinakis, two major Greek shipowners, expressed concerns at the way the sanctions weapon is being wielded by Western powers against Russia. “Sanctions have never worked,” Procopiou […]
Shipowners gathering in Greece for the Posidonia event this week can look forward to years of improving earnings, according to Clarksons Platou Securities. “Shipping has much to celebrate,” the Norwegian […]
Navios Maritime group head Angeliki Frangou used a company dinner at Greece’s National Gallery to paint a positive picture of the road ahead for shipping. The chief executive of New […]
Global shipments of grains have tightened in the past months after Russia’s invasion of Ukraine and together with India’s recent move to ban wheat exports and adverse weather in the […]
In August 2016, Glencore had a deal with another trading firm to purchase 45,000 tonnes of heavy fuel oil over five days. The price was tied to an assessment published […]
