February 10, 2022

Baltic index scales 1-month peak as rates across vessel segments rise

The Baltic Exchange’s dry bulk sea freight index rose to a near one-month high on Thursday, helped by a jump in rates across vessel segments. The overall index, which factors in rates for capesize, panamax and supramax vessels, rose 229 points, or 13.4%, to 1,940, its highest level since Jan. 12. The capesize index jumped ...

The post Baltic index scales 1-month peak as rates across vessel segments rise first appeared on Hellenic Shipping News Worldwide.
February 10, 2022

Mainland Chinese key dry bulk commodities fundamental demand is projected to stable in 2022

With the continuing COVID-19 pandemic and the 2022 Winter Olympics dampening the economy development, mainland China’s GDP growth in the fourth quarter 2021 was 4%, which is lower than the 4.9% growth recorded in the previous quarter and 6.5% lower than the growth recorded in the corresponding period a year earlier. The National Bureau of ...

The post Mainland Chinese key dry bulk commodities fundamental demand is projected to stable in 2022 first appeared on Hellenic Shipping News Worldwide.
February 10, 2022

Wallenius Wilhelmsen releases a Sustainability-Linked Financing Framework

Wallenius Wilhelmsen ASA (OSE: WAWI) releases a Sustainability-Linked Financing Framework (“Framework”) linked to our carbon intensity reduction target. The Framework is available at https://www.walleniuswilhelmsen.com/who-we-are/investors/reports-and-presentations Torbjørn Wist, acting CEO, says: “Wallenius Wilhelmsen is establishing a Framework that can be used for future financings. This will allow financial partners who share our commitment to sustainability to align ...

The post Wallenius Wilhelmsen releases a Sustainability-Linked Financing Framework first appeared on Hellenic Shipping News Worldwide.
February 10, 2022

Milaha Reports QR 724 million in Net Profit for Full Year 2021

Qatar Navigation Q.P.S.C. (“Milaha”) announced its financial results for the twelve months ended December 31, 2021. Key financial highlights: • Operating revenues of QR 2.78 billion for the twelve months ended December 31, 2021, compared to QR 2.27 billion for the same period in 2020 • Operating profit before impairments of QR 253 million for ...

The post Milaha Reports QR 724 million in Net Profit for Full Year 2021 first appeared on Hellenic Shipping News Worldwide.
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