Author Archives for Lisa Parker

Beyond the Houthis’ attacks on shipping: The absurdity of the India-Middle East Corridor. “Dry canals” can’t begin to compete with wet canals

February 28, 2024 6:10 pm Published by Lisa Parker Comments Off on Beyond the Houthis’ attacks on shipping: The absurdity of the India-Middle East Corridor. “Dry canals” can’t begin to compete with wet canals

Will the India-Middle East Corridor (IMEC) replace a large chunk of the Suez Canal traffic to Europe? Nope! At most,... Read More

Port Houston Starts New Year on the Rise

February 28, 2024 5:55 pm Published by Lisa Parker Comments Off on Port Houston Starts New Year on the Rise

Biggest January on Record for Container Volumes HOUSTON – Port Houston has had a great start to the year as its... Read More

Orion Group Holdings Reports Fourth Quarter and Full Year 2023 Results

February 28, 2024 5:49 pm Published by Lisa Parker Comments Off on Orion Group Holdings Reports Fourth Quarter and Full Year 2023 Results

HOUSTON, Feb. 28, 2024 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported its financial... Read More

Green hydrogen fuel getting cheaper at port of Rotterdam

February 28, 2024 9:54 am Published by Lisa Parker Comments Off on Green hydrogen fuel getting cheaper at port of Rotterdam

Green hydrogen fuel getting cheaper at port of Rotterdam. According to at least one measure, the cost of green hydrogen... Read More

HD Korea Shipbuilding wins $267.8 mil. order for 2 car carriers

February 28, 2024 9:53 am Published by Lisa Parker Comments Off on HD Korea Shipbuilding wins $267.8 mil. order for 2 car carriers

Major Korean shipyard HD Korea Shipbuilding & Offshore Engineering said Tuesday it has clinched a 356.3 billion-won ($267.8 million) order... Read More

S.Korea’s HD KSOE bags $1.1 bn order to build LNG carriers

February 28, 2024 9:52 am Published by Lisa Parker Comments Off on S.Korea’s HD KSOE bags $1.1 bn order to build LNG carriers

South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) said on Monday it has secured a $1.08 billion... Read More

Cetus Maritime takes over Chile’s Nachipa Corp

February 28, 2024 9:50 am Published by Lisa Parker Comments Off on Cetus Maritime takes over Chile’s Nachipa Corp

Cetus Maritime, the great consolidator within the fragmented handy bulk space, has struck again. The Hong Kong bulker outfit is... Read More

Panama Canal revenues up 14.9% in 2023 despite transit restrictions

February 28, 2024 9:49 am Published by Lisa Parker Comments Off on Panama Canal revenues up 14.9% in 2023 despite transit restrictions

While revenues were Panama Canal only 511.1 million PC/UMS tonnes moved during Fiscal Year 2023 (October 1, 2022-September 30, 2023), compared to... Read More

CMB’s takeover of Euronav hit by investor hurdle in the US

February 28, 2024 9:46 am Published by Lisa Parker Comments Off on CMB’s takeover of Euronav hit by investor hurdle in the US

Funds managed by FourWorld Capital Management have filed a complaint in a US District Court regarding Compagnie Maritime Belge’s (CMB)... Read More

Euronav Invests in Two Dual-Fuel Green Methanol Bitumen Tankers from China

February 28, 2024 9:45 am Published by Lisa Parker Comments Off on Euronav Invests in Two Dual-Fuel Green Methanol Bitumen Tankers from China

Belgium-based tanker shipping firm Euronav has finalized an agreement with Chinese shipbuilder China Merchants Jinling Shipyard (Yangzhou) Dingheng for the... Read More