Hellenic Shipping News Worldwide

The Hamburg-based Ernst Russ Group sold the container feeder vessel MOVEON. MV MOVEON has a slot capacity of 868 TEU, a length of 135 meters and a width of around 23 meters. The container feeder ...

https://www.hellenicshippingnews.com/ernst-russ-ag-sale-of-mv-moveon/

With reference to Company Announcement no. 07 dated 07 March 2024 where TORM plc (“TORM”) announced the acquisition of one additional LR2 product tanker, TORM plc has increased its share capi...

https://www.hellenicshippingnews.com/torm-capital-increase-in-connection-with-delivery-of-one-2011-built-lr2-vessel/

Fort McHenry Limited Access Channel opened 26 Apr 2024, Baltimore, United States The Fort McHenry Limited Access Channel has opened for commercially essential vessels on April 25 until April 29. ...

https://www.hellenicshippingnews.com/hot-port-news-from-gac-1130/

DACHSER’s air and sea freight division is significantly expanding its services. This involves new fixed LCL connections between the port of Rotterdam and various ports in Asia with fixed depart...

https://www.hellenicshippingnews.com/new-lcl-services-between-rotterdam-and-asia/

Ukraine’s grain exports in the 2023/24 July-June marketing season had reached almost 40.3 million metric tons as of April 26 versus 41.1 million a year earlier, agriculture ministry data showed...

https://www.hellenicshippingnews.com/ukraine-2023-24-grain-exports-stand-at-40-3-mln-t/

Anglo American’s management does not consider a proposed $39 billion takeover offer from BHP Group as attractive, two sources told Reuters, as some investors and analysts dismissed it as opport...

https://www.hellenicshippingnews.com/anglo-american-does-not-find-bhp-39-billion-offer-attractive/

Copper prices in London hit a two-year high and surpassed a strong resistance level of $10,000 a metric ton on Friday after Shanghai prices hit a record high on fund buying. Three-month copper CM...

https://www.hellenicshippingnews.com/copper-breaks-above-10000-for-the-first-time-in-two-years/

Russia’s Energy Minister Nikolai Shulginov said on Friday that oil output and refining have not been affected by floods which hit regions including Tymen, the heart of the country’s oil produ...

https://www.hellenicshippingnews.com/russian-floods-not-affecting-oil-output-refining-ifx-quotes-minister-as-saying/

U.S. equity funds registered their fourth successive weekly outflows in the week ended April 24, hit by fading expectations for rate cuts this year. LSEG data showed a withdrawal of $1.2 billion ...

https://www.hellenicshippingnews.com/us-equity-funds-see-4th-straight-week-of-outflows-amid-rate-cut-reassessment/

Traders added to bets that the U.S. Federal Reserve will deliver its first interest rate cut this year in September, after a government report on Friday showed U.S. inflation rose last month in l...

https://www.hellenicshippingnews.com/traders-add-to-bets-on-september-start-to-fed-rate-cuts/

The worst impact of rate hikes on bank lending is behind us. Financial conditions already eased somewhat in anticipation of possible future rate cuts, which has helped bank lending growth to turn...

https://www.hellenicshippingnews.com/eurozone-bank-lending-continues-to-cautiously-recover/

China on Friday passed a law leaving its biggest trade partners in no doubt that it can hit back should they put tariffs on the exports of the world’s No.2 economy as Washington and Brussels ta...

https://www.hellenicshippingnews.com/china-passes-tariff-law-as-tensions-with-trading-partners-simmer/

In the ship recycling markets across four key destinations, distinct trends are observed. In India, the market shows positive momentum with stable rates   Source: Best Oasis Limited

https://www.hellenicshippingnews.com/best-oasis-weekly-recycling-market-report-26-april-april-2024/

Yara International YAR.OL, one of the world’s largest fertiliser makers, missed first-quarter profit forecasts on Friday as lower prices offset higher deliveries, sending its shares down around...

https://www.hellenicshippingnews.com/yara-shares-drop-6-as-q1-profit-lags-forecast/

Telenor Maritime, in collaboration with AT&T, is thrilled to announce a new initiative that will transform the onboard experience for cruise and ferry passengers worldwide. Passengers can now enj...

https://www.hellenicshippingnews.com/telenor-maritime-and-att-revolutionize-passenger-experience-with-groundbreaking-maritime-5g-roaming-agreement/

Briese Schiffahrt, along with its management division Briese Dry Cargo, has registered three Heavy Load Carriers with the Portuguese ship registry: ECO TITAN, ECO TROPHY, and ECO TRUST. These ves...

https://www.hellenicshippingnews.com/briese-schiffahrt-registers-advanced-cargo-ships-under-portuguese-flag/

Mitsui O.S.K. Lines, Ltd. yesterday announced that it has signed a long term Time Charter Party (TCP) Agreement, through its 100% subsidiary, for one Floating Storage and Regasification Unit (FSR...

https://www.hellenicshippingnews.com/mol-and-gaz-system-enter-into-agreement-on-fsru-project-in-gdansk-poland-contribute-to-the-energy-security-of-poland-from-2027-2028/

Leading international satellite service operator IEC Telecom has expanded its connectivity solutions for the yachting sector with the addition of the new Starlink V4 antenna. This state-of-the-ar...

https://www.hellenicshippingnews.com/iec-telecom-announces-availability-of-new-starlink-antenna-to-meet-increased-connectivity-demands-in-the-yachting-sector/

AST Networks, a leading provider of land and maritime communication technology and remote connectivity solutions, expands its ecosystem further through the acquisition of Reygar Ltd, an award-win...

https://www.hellenicshippingnews.com/ast-networks-strengthens-maritime-iot-internet-of-things-solutions-portfolio-with-acquisition-of-reygar-ltd/

Raymarine — global leader in high-performance marine electronics for the recreational boating, marine first responder and law enforcement market — announced today that its best-in-industry Pa...

https://www.hellenicshippingnews.com/raymarines-pathfinder-commercial-radar-achieves-type-approval/