Shipping

Multraship Towage & Salvage held a christening ceremony on Friday, 1 November, to name their newest tug, MULTRATUG 36, in the port of Terneuzen, the Netherlands.

The message that “the sea does not divide us; it unites us” was conveyed from Cyprus by the Greek Minister of Shipping and Island Policy, Christos Stylianides, during his official visit on October 18-19, 2024.

Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that it has entered, through a separate wholly-owned subsidiary, into an agreement with an unaffiliated third-party to acquire a 2020-built Kamsarmax bulk carrier vessel for a purchase price of $29.95 million.

Shipowner and shipping fund manager, Pelagic Partners, has today announced the launch of Pelagic Capital, a new venture designed to assist Pelagic Partners to build a dedicated credit fund and expand into future projects.

The Shipping Deputy Ministry announces that the Council of Ministers has approved the extension of the Contract for the Passenger Maritime Link between Cyprus and Greece for a further 3 years (2025, 2026, 2027), after evaluating the performance indicators, based on the number of passengers carried from 2022 until today.

“Our Ocean - Our Obligation - Our Opportunity” has been selected as the International Maritime Organization's World Maritime Day theme for 2025, which will culminate in the celebration of World Maritime Day on 25 September 2025.

BHP, together with Pan Pacific Copper (PPC) and Norsepower, completed the retrofit installation of a Norsepower Rotor Sail™ (NPRS™) onboard the M/V Koryu, a combination carrier operated by Nippon Marine (member of the SENKO group and owned by SENKO (60%) and JX Advanced Metals (40%)) that will carry copper concentrates from Chile to Japan and sulphuric acid from Japan to Chile.

Svitzer, a leading global towage provider, has announced the signing of a contract with Shipyard Rio Maguari for the construction of three new tugboats.

The Mission to Seafarers (MtS), a leading international seafarer welfare charity, has entered into a three-year partnership with IKEA Supply AG.