Euronext wheat eased on Wednesday after a day-earlier rebound stalled and hefty export supplies continued to weigh on the market.

We are excited to announce the expansion of our operation activities into South America and the U.S. Atlantic region with the opening of our new office in São Paulo.

Other Highlights and Developments:

▪ Quarterly cash dividend of $0.075 per share declared for Q4 2023, an 11% annualized dividend yield

Στην πώληση του παλαιότερου capesize του στόλου της προχώρησε η εταιρεία Minerva Marine. Πρόκειται για το capesize Sapientza, χωρητικότητας 177736 dwt, μήκος 292 μέτρα το οποίο κατασκευάστηκε το 2008.

Mitsui O.S.K. Lines, Ltd. (MOL, President & CEO: Takeshi Hashimoto) today announced that the LNG Bunkering vessel named "Brassavola" (here in after referred to as "this vessel"), 100% owned by MOL and is chartered to

Equinor and the Indian fertiliser and petrochemical company Deepak Fertilisers have signed a 15-year agreement for supplies of liquefied natural gas (LNG) with deliveries starting in 2026.

MPC Container Ships (MPCC) announces further measures in its journey towards fleet renewal and decarbonization, showcasing the Company's commitment to industry innovation and long-term shareholder value.

Klaveness Combination Carriers (“KCC”) reports a solid financial performance for the fourth quarter of 2023 with EBT of USD 25.9 million and EBITDA of USD 36.5 million.

After five years with the company, Hans Aasnæs will step down from his position as CEO once a successor is found. A search for a new CEO will be initiated, and an interim CEO will be appointed soon.

LNG

There were numerous reports of cargoes working, a mix of FOB tenders and tentative enquiry in both basins had brokers optimistic but despite these reports rates for spot have remained flat.