Cargill teams up with Mitsui to pull the trigger on first methanol-fuelled bulker order
Agricultural giant turns to Japan’s Tsuneishi Group to build dual-fuel kamsarmaxes
Bulkers
Norvic Shipping kickstarts fleet expansion with long-term Japanese ultramax charter
Deal follows big working-capital loan secured from a consortium of US banks
Streetwise: Ireland’s Ardmore and the tanker group led 2022 stock gains
Weekly finance newsletter looks back over the winners and losers in US-listed shipping stocks in 2022
Multipurpose market corrects as competition grows from rival sectors
Weakening demand has seen charter rates fall faster-than-expected
MPP market corrects as competition grows from rival sectors
Rates are down 10% in a month
Tschudi Group shifts chartering and management department to Oslo
Freight team to relocate from Denmark to be next to main group headquarters
Tanker premiums ‘out of this world’ as Greek owners persuaded to sell
Aggressive buyers are convincing companies to offload vessels they had intended to retain
Seanergy Maritime buys own warrants to ward off share dilution
New York-listed capesize bulker owner will announce final results of self-tender offer once they are confirmed
Ifchor and Galbraiths ink their planned merger to form new 300-person brokerage
Integration of two companies should be completed by end of first quarter
Ukraine war sees LNG and bulk volumes jump at Antwerp-Bruges
But container throughput comes under pressure at huge port group