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 capital by 683,009 shares (corresponding to USD 6,830.09) as a result of the delivery of this vessel. The new...
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 vessel was built in 2001 by the Hamburg shipyard J. J. Sietas KG Schiffswerft. The Ernst Russ Group has...
https://www.hellenicshippingnews.com/ernst-russ-ag-sale-of-mv-moveon/
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 production, Interfax news agency reported. Russia’s Urals, some west Siberian regions as well as northern...
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 on Friday. That included 5.2 million tons exported so far in April, the data showed. Exports this season...
https://www.hellenicshippingnews.com/ukraine-2023-24-grain-exports-stand-at-40-3-mln-t/
Oil prices rose on Friday, on track to end higher this week after two straight weeks of losses, after a top U.S. official expressed optimism over economic growth and as supply concerns lingered due to conflicts in the Middle East. Brent crude futures gained 19 cents, or 0.2%, to $89.20 a barrel at...
https://www.hellenicshippingnews.com/oil-prices-on-track-to-snap-two-week-losing-streak/
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-winning provider of fully integrated performance monitoring and control solutions for crewed and un-crewed...
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 enjoy transparent, affordable and seamless connectivity at sea, mirroring the comfort and convenience of...
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 (FSRU)(Note 1) with the Polish Gas Transmission System Operator, GAZ-SYSTEM S.A. (Gaz System), the project...
Norway’s state-controlled Equinor increased its oil production by 4% on the year to 1.04 million b/d in the first quarter, boosted by strong performance at the Johan Sverdrup field and assets offshore the UK, US and Angola, it said April 25. The company’s Norwegian oil production rose 1% to 648,000...
The Georgia Ports Authority hosted their 55th annual 2024 Georgia International Trade Conference. The event brings customers, business partners and industry leaders together to discuss the latest maritime and logistics industry developments and trends. India was one of the key topics discussed on...
https://www.hellenicshippingnews.com/georgia-ports-ceo-we-are-preparing-for-growth/