Navios Holdings’ earnings rise 80% on bulker market surge
Former owner of 36 bulkers posted almost $45m in profit for the second quarter of 2022
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September 2022
Solstad CSV Normand Mermaid Extended
Norwegian offshore vessel owner Solstad Offshore announced it has entered into a new contract for the construction support vessels (CSV) Normand Mermaid.The new contract is in direct continuation of an existing one with Solstad Offshore’s present clien…
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Dry Bulk Market Depressed, Despite Recent Glimmer of Hope
The dry bulk market has continued to remained depressed, although some signs of a tentative rebound were obvious during last week’s trading. In its latest weekly report, shipbroker Allied Shipbroking said that “a glimpse of hope was to emerge in the dr…
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Xeneta questions ‘myths’ of heavily declining container volumes and bunker price unrest
Oslo-based Xeneta is calling into question industry narratives of significantly declining ocean freight volumes and shipper dismay over rising Bunker Adjustment Factors (BAF). In its latest ‘Ocean Freight Pulse’ survey of its user base, made up of glob…
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Ukraine exports reach 2.1 mln tonnes under grain deal, Russia raises fresh concerns
On 22 July, Russia and Ukraine signed an agreement to allow grain exports from three ports in Ukraine during a period of 120 days. On 7 September, Putin expressed concerns over the agreement, giving rise to uncertainty about its scope and renewal. More…
Ukraine exports reach 2.1 mln tonnes under grain deal, Russia raises fresh concerns Read More »