Elpi Petraki* president of WISTA International replies in black and white to Anny Zade’s** questions on some more than crucial and critical issues facing Global Shipping being nowadays at a…
Tankers
Proman Stena Bulk holds naming ceremony for methanol tankers Stena Provident and Stena Progressive
Naming of final vessels in the initial six-strong JV methanol fleet takes place at Guangzhou Shipyard International in China 23rd November 2023, Guangzhou, China – Proman Stena Bulk, the joint venture…
The conference kicked off this morning with an incredible 260 participants – a record-breaking turnout! Throughout the day we have two Keynote Presentations, a Panel Session focusing on the Drive for Efficiency and…
Performance Shipping Inc. Announces the Sale of 2007 Built M/T P. Kikuma for US$39.3 Million
ATHENS, GREECE, November 14, 2023 – Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today that it…
Dubai, 8 November 2023 The Institute of Marine Engineering, Science & Technology (IMarEST) UAE branch played a pivotal role in the 8th annual The Maritime Standard Tanker Conference. With a…
Good Morning Monaco Wednesday, November 8, 2023 Savills Monaco joins Sole Agent Properties on NEWS.MC As part of our ongoing commitment to develop our Sole Agent Properties real estate listings we are…
Proman Stena Bulk holds naming ceremony for methanol tanker Stena Pro Marine in the Port of New Orleans
Naming ceremony for JV methanol tanker the first to take place in US Gulf Coast 25 October 2023, New Orleans, USA – Proman Stena Bulk, the joint venture between leading tanker…
Tokyo – ClassNK has issued an Approval in Principle (AiP) for a parcel layout concept for a hydrogen-fueled multi-purpose vessel developed by Mitsui O.S.K. Lines, Ltd. (MOL), MOL Drybulk Ltd.…
Tankers International welcomes new pool partner Kuwait Petroleum Corporation and additional vessel from TRF
Kuwait Petroleum Corporation joins the pool, marking growth milestone London, 19 October, 2023: Tankers International, the world’s largest shipping pool for VLCCs, has announced today that two VLCCs have joined the VLCC…
(JACKSONVILLE, Fla.; Oct. 16, 2023) – Hulti_Pierotti_Cal Maritime_2023.pngCrowley has awarded California State University Maritime Academy cadets Erin Hulti and Natalie Pierotti its Thomas B. Crowley Sr. Memorial Scholarships, recognizing their…
Market report: Investors stay defensive and energy prices remain elevated amid conflict Susannah Streeter, head of money and markets, Hargreaves Lansdown: “As risk-off sentiment has been spreading, investors have been…
Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown: “The higher-for-longer interest rate narrative just became louder. The Bank of England’s chief economist, Huw Pill, has said the bank won’t be…
The ICC International Maritime Bureau (IMB) has revealed a rise in reported incidents in the Gulf ofGuinea and concerns for the Singapore Straits in its latest report for the period…
ATHENS, GREECE, August 31, 2023 – Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that Maxim…
OceanPal Inc. Becomes Strategic Partner in Two 6,600dwt Methanol-Ready Chemical Tanker Newbuildings
ATHENS, GREECE, August 29, 2023 – OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, announced that the Company today agreed to become…
Performance Shipping Inc. announces completion of US$2 Million Share Buyback Plan and initiates new US$2 Million Share Buyback Plan
ATHENS, GREECE, August 21, 2023 – Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced the successful…
ClassNK issues approval in principle (AiP) for ammonia fuel supply system for oil tanker and container ship developed by SHI
Tokyo – ClassNK has issued an Approval in Principle (AiP) for an ammonia fuel supply system for oil tanker and container ship developed by Samsung Heavy Industries (SHI). Ammonia is expected…
The BDI (The Baltic Dry Index) ended down eight points since yesterday and now reads 1,129; on a weekly basis same was down seven points since last week’s 1,136… The…
Performance Shipping Inc. Announces Entry Into New Revolving Credit Facility with Nordea Bank at Favorable Terms
ATHENS, GREECE, August 7, 2023 – Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that it…
The BDI (Baltic Dry Index) was up just eight points since yesterday and now reads 1,136; same was up 26 points since last week’s 1,110; the Wets on a falling…
Market Report – WPP warns on tech slowdown, FTSE 100 follows the US into the green Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown: “The FTSE 100 has started Friday…
The BDI (Baltic Dry Index) managed to surpass the 1,000 points threshold and now reads 1,110 – 13 points plus since yesterday and 132 plus since last week’s 978 (21/07/2023),…
Performance Shipping Inc. Announces time charter contract with ST Shipping at fixed floor rate of US$45,000 per day plus 50/50 profit share for LR2 tanker, M/T P. Aliki
ATHENS, Greece, June 27, 2023 – Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced that, through a…
Negative impact of swing tonnage on timecharter rates has not deterred owners seeking newbuilding slots, says Maritime Strategies International London and Singapore, 26 July 2023. An easing of chemical tanker earnings…
The BDI (Baltic Dry Index) lost the 1,000 points threshold and now reads 978 – plus one since yesterday but down 112 points since last week’s 1,090 (14/07). Be it…