Performance Shipping continues shopping spree with eighth aframax tanker
The Athens-based shipowner grabs a Phoenix Energy Navigation-linked vessel for $35m
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September 2022
Greek tug operators fined €4.36m in wide-ranging cartel probe
Hellenic competition watchdog lowered penalties after nine wrongdoers agreed to settle
Greek tug operators fined €4.36m in wide-ranging cartel probe Read More »
Baltic Dry Index Logs Best Month in Two Years
The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose on Friday and logged its best month in 2 years propelled by a corresponding rise in capesize and panamax demand.The overall index, which factors …
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Carnival further narrows losses as it relaxes Covid-19 rules but still misses estimates
New York-listed cruise ship giant posts a $688m adjusted net loss for third quarter, significantly exceeding $1.87bn in red ink a year earlier
Carnival further narrows losses as it relaxes Covid-19 rules but still misses estimates Read More »
DOF Subsea Nets U.S. Gulf of Mexico Work
Subsea services company DOF Subsea said Friday it had won multiple contracts in the U.S. Gulf of Mexico. The company has received a contract award for the provision of services to “a major operator” in the Gulf of Mexico, starting in the fourth quarter…
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