Golden Ocean Group profits sink on cooler freight markets
The bulker owner will pay out a smaller dividend for the final quarter of 2022
Bulkers
Grindrod Shipping’s profit dips on weaker bulk market during back end of 2022
Bulker owner preaches financial prudence despite bringing home more than $100m for the second year in a row
Vafias says Imperial Petroleum needs to keep growing using equity raises
New York-listed tanker owner to keep up controversial practice until it gets to 20 ships or more
Capesize bulker market continues to fall as activity slump grips Atlantic and Pacific markets
Rio Tinto iron ore fixtures from Australia and Quebec both show rate decline
Fratelli Cosulich buys handysize bulker from Doun Kisen
Italian owner will charter vessel to Lauritzen Bulkers
Methanol bunker demand for container ships to reach 3-mtpa by mid-2020s
Dutch fertiliser, fuels, and feedstock provider OCI is also encouraged by orders from non-boxship segments
Lorentzen & Co cuts broking staff after results disappoint
Broker is in talks with staff to see who will leave
‘Refuse to work’: Ukraine slams Russia over Bosphorus grain shipping delays
Kyiv complains that 140 inbound and outbound ships are queuing in the UN’s Black Sea Grain Initiative
ICS submits $10bn plan for Fund and Reward green fuels scheme to IMO
Details of scheme to reward first movers for the CO2 emissions prevented by the use of alternative fuels suggest an initial price of $50 per tonne of fuel
Flying hydrofoil ferry among winners of £60m UK green marine funding
Projects for electric ferries, hydrogen powered fuel cells and wind propulsion technologies share in UK scheme to foster cleaner ships