Scorpio Tankers Inc. announces updates on fourth quarter of 2022 and first quarter of 2023 Daily TCE Revenues, and its Securities Repurchase Program. First Quarter of 2023 and Fourth Quarter of 2022 Daily Time Charter Equivalent (“TCE”) Revenues Below is a summary of the estimated average daily...
Euronav NV, following further detailed consideration with our legal and financial advisors, hereby takes the opportunity to update our stakeholders on next steps following the announcement of our combination agreement partner on January 9, 2023. Euronav has determined that Frontline’s (NYSE: FRO &...
A year of celebration marking Lloyd’s Register’s (LR) 60 years of operation in Korea concluded with the organisation being ranked as the number one classification society on classification technical service by the Korea Offshore and Shipbuilding Association (KOSHIPA). This was the third year in a...
ITIC has reimbursed a ship agent US$ 94,000 after their request to cancel a slot they booked by mistake for transit through the Panama Canal was denied. The ship agent was asked by their principal to enquire whether there was space to transit through the Panama Canal on a specific date. However,...
TECO 2030 has completed selection of all major component suppliers and procured necessary parts for the first fuel cell modules (FCM400). This means the FCM400 development is close to completion and the first units are ready for assembly. The layout release entails a freeze of all functional...
https://www.hellenicshippingnews.com/teco-2030-completes-first-fcm400s-component-procurement/
AAL’s (AALshipping.com) scheduled monthly ‘Asia to Australia West Coast Liner Service’ (AUWC) recently provided the perfect solution for global project logistics provider NMT and its client, industrial engineering giant Thyssenkrupp Industrial Solutions. The operation involved the transport of...
Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, released its January report on U.S. container imports for logistics and supply chain professionals. The report shows that December U.S. container import volumes declined...
Shipping companies are piloting an innovative cloud-based solution for weather-optimized voyage routing launched by OrbitMI that allows routes to be plotted automatically based on cost, time and fuel consumption as new CII regulations raise the pressure to cut CO2 emissions. The Orbit Weather+...
The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities, slipped on Tuesday, on lower rates for all vessel segments as panamaxes hit their lowest level in two years. The overall index, which factors in rates for capesize, panamax, and supramax shipping...
https://www.hellenicshippingnews.com/baltic-index-falls-panamax-hits-lowest-in-two-years/
The urgency in adopting sustainable practices is clear following the European Parliament’s approval of the new Corporate Sustainability Reporting Directive (CSRD) which comes into force in 2024, say ESG specialists – Grow Maritime. Grow Maritime assists maritime organisations to improve their...