Shipbuilding Archives - Shipping Herald
WEB3 days ago · Leonhardt & Blumberg: Newbuilding order for four MR Tankers at Guangzhou Shipyard International. Leonhardt & Blumberg ordered four MR Tankers at Guangzhou Shipyard International Co. Ltd. The total order increased to four 49,500dwt Chemical/Product Oil Tankers.
Dynacom linked to LR1 newbuilding orders in China
WEBJanuary 16, 2024. 0. 7037. George Procopiou-led Dynacom has reportedly placed an order to build six 75,000-dwt LR1 tanker vessels at New Times Shipbuilding. Moreover, it is reported that Dynacom has ordered two LR1 newbuildings at Yangzijiang Shipbuilding. The vessels are slated for delivery in 2026 and 2027, with the cost at USD 53 million each.
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WEB2 days ago · 50% increased dividend from amount paid for 2023 operations Dynamic growth and renewal - 21 vessels contracted/acquired within 2024 Minimum contracted revenues of $2.0 billion TST inaugurates...
Shipping News Archives - Shipping Herald
WEBSep 13, 2024 · Schuyler Line Navigation was awarded a $17,155,000 firm-fixed-price, with reimbursable elements, for time charter of one approved upon delivery U.S. flag or foreign flag...
Markets Archives - Shipping Herald
WEB2 days ago · Globus Maritime, a dry bulk shipping company, today reported its unaudited consolidated financial results for the second quarter and six-month period ended June 30,...
Korean Shipbuilders Expect to Benefit from US-China Conflict
WEBApr 25, 2024 · Korean shipbuilding stocks have been rallying as expectations grow that the Korean shipbuilding industry will enjoy reflective benefits from US sanctions against China. According to the Korea Exchange on April 23, Hanwha Ocean closed at 34,750 won (US$25.35), down 2550 won, or 7.92 percent, from April 22 …
U.S. East Coast Port Workers Begin Early Contract Talks
WEBFeb 9, 2023 · Shipping industry officials say the talks covering Gulf Coast and East Coast ports face fewer stumbling blocks. The ILA has fiercely opposed the use of fully-automated equipment at ports covered by its contract. The ILA master agreement covers wages, healthcare and labor issues, such as worker productivity. Source: Wall Street Journal.
Baltic index hits two-week low on weaker vessel rates
WEBJul 9, 2024 · The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to a two-week low on Monday as demand in all vessel segments weakened. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 26 points, or 1.3%, to 1,940, its lowest level since June 25.
Containers: Spot rates in China to hit five figures
WEBJun 10, 2024 · It said average container prices for 40ft high-cube units in key Chinese ports rose 45% last month, from $2,240 in April to $3,250. Prices for similar units were around $1,698 in November, but $7,178 in September 2021, at the height of the Covid boom. Container xChange founder and CEO Christian Roeloffs said the causes of …
Höegh LNG completes Brazilian FSRU charter deal
WEBDec 29, 2021 · Höegh LNG announced that it has completed and signed all documentation for a 10-year FSRU charter with Terminal de Regaseificação de GNL de São Paulo S.A. (“TSRP”). This concludes the agreements for the binding Heads-of-Agreement listed as a subsequent event in the interim results for the quarter ended 30 September 2021. TSRP is a subsidiary […]