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The Board has declared an interim dividend of HK4.1 cents per share – represents approximately 50% of our net profit for the period (excluding vessel disposal gains). Sustaining a healthy financial position with available committed liquidity of US$537.4 million and net borrowings of 2% Since the commencement of the share buyback programme, we have repurchased ...
https://www.hellenicshippingnews.com/pacific-basin-announces-2024-interim-results/
https://www.hellenicshippingnews.com/pacific-basin-announces-2024-interim-results/Iron ore futures prices declined for a third straight session on Thursday, with the Singapore benchmark falling below the key psychological level of $100 a metric ton, weighed down by resumed talks of steel output curbs in top consumer China. The benchmark September iron ore on the Singapore Exchange slid 2.03% to $99 a ton, ...
https://www.hellenicshippingnews.com/singapore-iron-ore-falls-below-100-t-on-talks-of-china-steel-output-curbs/Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months and six months ended June 30, 2024. Second Quarter 2024 and Year-to-Date Highlights Dividend: Declared a $0.34 per share dividend for Q2 2024 20th consecutive quarterly dividend over ...
https://www.hellenicshippingnews.com/genco-shipping-trading-limited-announces-q2-2024-financial-results/EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced yesterday its results for the three and six month periods ended June 30, 2024. Second Quarter 2024 Highlights: Total net revenues for the quarter of $17.4 million. Net loss attributable to controlling shareholders, of $0.41 million or ...
https://www.hellenicshippingnews.com/eurodry-ltd-reports-net-revenues-of-17-4-million-68-6-higher-than-last-year/The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, snapped its four-day gaining streak on Thursday, as rates declined across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 15 points, or 0.9%, to 1,683. The capesize index fell ...
https://www.hellenicshippingnews.com/baltic-index-snaps-4-day-winning-streak-as-vessel-rates-dip/
https://www.hellenicshippingnews.com/baltic-index-snaps-4-day-winning-streak-as-vessel-rates-dip/Ocean City, a resort town in the US state of Maryland, has stated that it would sue the Bureau of Ocean Energy Management (BOEM) if it gives a favourable record of decision to US Wind’s project. In a city council meeting, mayor Rick Meehan stated that the town’s stance continues to be against the project …
Norwegian OSV player Havila Shipping has secured a new contract from energy industry logistics provider Peterson Den Helder for the platform supply vessel Havila Borg. The 2009-built PSV, which has previously worked for the Peterson Offshore affiliate, has been fixed at current market terms for two wells estimated to 200 days, with contract commencement within …
https://splash247.com/havila-shipping-bags-peterson-psv-contract/
https://splash247.com/havila-shipping-bags-peterson-psv-contract/Nasdaq-listed Greek bulker outfit Icon Energy has acquired a Japanese-built kamsarmax for $17.57m. The deal marks the Ismini Panagiotidi-led company’s first acquisition following a $5m initial public offering last month. Icon Energy was set up in August last year and currently owns the 2006 Japanese-built 77,326 dwt panamax bulker Alfa (pictured) brought in from Pavimar …
https://splash247.com/icon-energy-snaps-up-its-first-kamsarmax/
https://splash247.com/icon-energy-snaps-up-its-first-kamsarmax/The owner of mini-bulker giant Wilson, Kristian Eidesvik, has passed away due to an illness at the age of 78. Eidesvik (pictured) became an owner of Wilson in 1995. Following the IPO in 2005, he became the majority owner through his investment company Caiano and was the chairman of the board until two years ago. …
https://splash247.com/wilson-owner-kristian-eidesvik-passes-away-at-78/
https://splash247.com/wilson-owner-kristian-eidesvik-passes-away-at-78/Gasum and Equinor have launched a series of liquefied biomethane (bio-LNG) bunkering operations in Norway's Port of Dusavik, with bio-LNG being bunkered to Equinor’s chartered platform supply vessel Island Crusader.The first bio-LNG delivery was successfully carried out mid-July.
https://www.marinelink.com/news/equinors-platform-supply-vessel-set-515785
https://www.marinelink.com/news/equinors-platform-supply-vessel-set-515785