A multi-year… flirtation of the Greek stock market towards Greek shipping, which is the leading naval power in the world, seems to be beginning to succeed. A shipping company may not yet be listed on the Greek stock market, but large shipping companies with Greek interests are approaching the Greek market through the issuance of […]
Tag: Shipping companies
Recovery for freight rates on bulk carriers
Her Anastasia Cotton The Capesize sector recovered a large share of the previous week’s losses with its average profit closing the week at $24,209/day. The remaining vessel sizes showed weak activity, such as Panamax vessels. The BDI yesterday (19/07/2022) closed at 2,145 points, up 132 points compared to last Tuesday’s (12/07/2022) close. An increase was […]
For the first time, the container ship order book is larger than that of tankers and bulk carriers
By Anastasia Vamvaka As the global consumer goods boom appears to be winding down and freight rates are on the decline, the global shipbuilding and shipping community is experiencing a paradox: orders for containerships outnumber tankers and freighters. in terms of capacity. In particular, orders in the tanker and barge sectors, which together account for […]
Record profits and increased capacity for liner companies – giants
By Anastasia Vamvaka The carrying capacity of the global container fleet has increased, along with the huge increase and maintenance of high freight rates throughout the first half of 2022. According to the data, about 25×5 million boxes can be transported from the increase of the fleet, corresponding to a 1.7% increase. Shipping brokers estimate […]
Record year for shipping in 2021
A year that will be remembered by everyone in shipping was 2021 for the industry, with fares reaching seasonal records in containers and LNGs and dry cargo ships – although at the end of the year they received a share of the profits. All three categories saw a significant increase in demand for tonnage, due […]
Record of profits for the Greek interests of listed shipping companies
of Anastasia Vamvaka The completion of the fourth quarter for four Greek shipping companies operating in the entire market brought profitability and investments. Navios, Star Bulk, Euroseas and Capital Product Partners have all achieved turnover by making the right flexible moves to manage the pandemic, but charting their course for a world after that. Specifically: […]
Which is the Dutch fund that wants to ‘green’… the Greek fleets
Of George Georgiou A new investment fund has been launched in recent days by Dutch investors, aiming to finance “green” projects in the shipping industry. In particular, the Amsterdam-based investment company Prow Capital has announced the launch of the Green Shipping Fund, a new € 420 million financing “tool” that will provide shipowners with credit […]
Greek shipping without a voice in the decision-making centers
Of George Georgiou Representatives of the domestic shipping community speak of the limited participation of Greek shipowners in the decision-making mechanisms of the shipping industry, a fact which, as they say, brings to the fore measures unprofitable for the industry. At the heart, of course, are environmental regulations and measures promoted by the European Union […]