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11 stories
πŸ‡¬πŸ‡· Naftemporiki
National & Local

Greek shipping shares soar in US market due to strong freight rates

Greek shipping companies are experiencing a surge in stock prices in the US market due to exceptionally high freight rates, which have boosted their cash flows and valuations.

Feb 26 β€’ 06:17 UTC
πŸ‡¬πŸ‡· Naftemporiki
National & Local

High freight rates lift Greek shipping companies on the American stock exchange

The global tanker market is experiencing a dynamic phase with soaring freight rates significantly boosting cash flows for companies and translating into increased valuations.

Feb 24 β€’ 10:55 UTC
πŸ‡¬πŸ‡· Naftemporiki
National & Local

Safe Bulkers’ profits at 38.6 million dollars in 2025

Safe Bulkers Inc reported a profit of $38.6 million in 2025 amid a volatile freight market, down from $97.4 million in 2024.

Feb 20 β€’ 09:42 UTC
πŸ‡¬πŸ‡· Naftemporiki
National & Local

Surge in freights for super tankers

Geopolitical tensions are driving up freight rates for super tankers, with VLCC spot market rates exceeding $160,000 per day.

Feb 20 β€’ 07:08 UTC
πŸ‡¬πŸ‡· Naftemporiki
National & Local

Sinokor Maritime: Freight Rates at Five-Year Highs

Sinokor Maritime significantly strengthens its position in the VLCC market as freight rates reach historically high levels.

Feb 19 β€’ 05:52 UTC
πŸ‡¬πŸ‡· Naftemporiki
National & Local

Containerships: Freight rates enter prolonged downtrend

The global container shipping market is experiencing a prolonged decline in freight rates due to weak demand and increased shipping capacity.

Feb 17 β€’ 06:04 UTC
πŸ‡¬πŸ‡· Naftemporiki
National & Local

Containerships: Freight Rates in a Downward Trend

The global container shipping market is entering a downward phase as spot rates decline for the fifth consecutive week due to weak demand and increasing capacity.

Feb 15 β€’ 07:05 UTC
πŸ‡¬πŸ‡· Naftemporiki
National & Local

Capital invests in 11 new VLCCs

Capital Maritime & Trading has placed an order for 11 new Very Large Crude Carriers (VLCCs) worth approximately $1.4 billion amid high freight rates and market activity.

Feb 13 β€’ 05:18 UTC
πŸ‡¬πŸ‡· Naftemporiki
National & Local

Container ships: The market is heading for a β€œstructural reset”

The containership market is facing significant challenges with major companies like MAERSK reporting substantial losses due to pressure on rates and new capacities.

Feb 9 β€’ 05:17 UTC
πŸ‡¬πŸ‡· Naftemporiki
World

Container shipping vessels: Towards a "structural reset" for the market

The container shipping industry is facing growing pressures from declining freight rates and the influx of new capacity, leading major players like MAERSK to report significant losses and cut thousands of jobs.

Feb 6 β€’ 11:43 UTC
πŸ‡¬πŸ‡· Naftemporiki
World

Bulkers: The positive climate in freight rates is maintained

The dry bulk freight market continues its positive momentum despite the seasonal slowdown traditionally associated with the Chinese New Year, with capesize vessels showing resilience and panamax acting as the market's main driver.

Feb 2 β€’ 12:38 UTC

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