NYK and ENEOS Ocean Corporation elected “NYK Energy Ocean Corporation” (NEO) as the name of the new company that will take over ENEOS Ocean’s non-crude oil shipping business. NYK will acquire 80% of the shares of the new company and make it a subsidiar…
NYK Energy Ocean Launched Read More »
Middle East-to-Japan rates slide to five-month low
VLGC rate average crumbles below $30,000 per day as futures point to rebound Read More »
Baltic Capesize Index saw a small advance on Monday
Mining restarts after Australian cyclone that blew capesize spot rates into the doldrums Read More »
AAC Clyde Space started the INFLECION project, something the company touts as a transformative initiative made possible by a contract with the European Space Agency (ESA). This marks the beginning of a project that will transform maritime domain…
INFLECION: A New Name in Maritime SatCom by ’28 Read More »
Western Bulk improved its trading performance (Net TC) from $15 million to $24.4 million in 2024 while restructuring the business to lower the annual G&A costs by 15 % to $22 million going forward. Excluding one-offs from restructuring and provisions…
Western Bulk Reports Stronger 2024 Performance and Forecasts Lower Costs for 2025 Read More »