Genco Shipping eyes a larger dividend, and Deutsche Bank floats a number
Analyst Chris Robertson breaks down his earnings expectations for dry bulk owners
Genco Shipping eyes a larger dividend, and Deutsche Bank floats a number Read More »
October 2024
Russian Oil Export Freight Costs Rising as Sanctions Bite
Freight rates for tankers exporting oil from Russian ports to Asia have risen this month ahead of winter and are set to climb further after recent Western sanctions hitting more tankers involved in the trade, according to industry data and sources.Russ…
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MAN Developing Ammonia-powered Engine for Medium-speed Marine Applications
MAN Energy Solutions has set out to create a four-stroke, medium-speed, dual-fuel test engine that operates on ammonia.The company on Tuesday announced the initiation of the ‘AmmoniaMot 2’ research project, building on its recent success with the world…
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UZMAR Delivers New Tug to P&O Reyser
Turkish shipbuilder UZMAR Shipyard announced it has delivered the new tugboat Balahu to P&O Reyser for operations at the Port of Barcelona, one of Spain’s busiest ports.The Balahu is an asymmetric tractor tug (ATT), designed by Spanish ship…
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Conflicts and climate catastrophes place trade growth projections on tenterhooks, Unctad says
UN trade outfit says Panama Canal and Red Sea disruptions could be a preview of what’s to come