Seanergy Maritime beats estimates profit slumps in weaker market
New York-listed capesize owner stays confident as time-charter equivalent revenue slumps
Seanergy Maritime beats estimates profit slumps in weaker market Read More »
November 2022
More Newbuilding Orders Could be on the Way
With the year coming to an end, analysts are anticipating an elevated number of newbuilding orders, as owners will look to conclude more deals. In its latest weekly report, shipbroker Allied Shipbroking said that “the volume of newbuilding orders appea…
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Provisional ETS agreement: Earmarking of revenues can mark turning point for European shipping’s decarbonization
European shipowners welcome the outcome of yesterday’s trilogue negotiation and the provisional agreement on the EU ETS maritime. The Parliament and the Council have embraced the calls of the industry stakeholders to earmark EU ETS revenues back to the…
Xeneta: Sharp Decline For Long-Term Ocean Freight Rates Signals “An End To Record-Breaking Quarters” For Carriers
Long-term ocean freight rates suffered a steep month-on-month decline in November as subdued spot prices, weak demand, and ongoing economic uncertainty caught up with contracted container agreements. The latest data from the Xeneta Shipping Index (XSI®…
KNOT Offshore Partners shares battered as the New Year looms with charters expiring
Shuttle tanker owner is ‘expending a great deal of energy’ to find charter coverage in 2023
KNOT Offshore Partners shares battered as the New Year looms with charters expiring Read More »