‘Significant’ expected decline in container ship charter rates puts Euroseas on scrapping alert
Aristides Pittas paints gloomy outlook for next two years as supply rises and port congestion and demand wane
August 2022
‘Significant’ expected decline in boxship charter rates puts Euroseas on scrapping alert
Container ship market may ‘decline significantly’ over next two years as supply rises and port congestion and demand wane, chief executive Aristides Pittas says
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Diana Shipping Buys Sea Trade’s Bulker Fleet for $330 Million
Greek shipowner Diana Shipping on Thursday announced it has acquired the bulk carrier fleet of U.S.-based Sea Trade Holdings in a $330 million cash and shares deal.The nine ultramax vessels, built between 2015 and 2018 with an average vessel age of app…
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Diana Shipping takes out Sea Trade with bold $330m deal to buy nine ultramaxes
Private owner appears to have sold entire fleet after plans to launch US IPO never came to fruition
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‘Scramble’ for gas prompts Golar LNG to ready speculative LNG carrier-to-FLNG build
Chief executive says company’s organisation and balance sheet are now in a position to support development of up to three new projects in parallel
‘Scramble’ for gas prompts Golar LNG to ready speculative LNG carrier-to-FLNG build Read More »