MV Harita Bauxite, a Handymax bulk carrier sank recently off Cape Bolinao with the loss of 14 of the 24 crew.According to the Philippine's National Disaster Risk Reduction and Management Council a distress rocket signal was sighted by the MV Jin Cheng on 18…
The International Association of Dry Cargo Shipowners (Intercargo) has called for an early casualty investigation following the tragic loss of the bulk carrier Harita Bauxite. The Panama-registered, 1983-built handymax ship which was reportedly carrying a cargo of nickel ore from Obi…
Diana Shipping Inc. (NYSE:DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, entered into a time charter contract with Glencore Grain B.V., Rotterdam, through a separate wholly-owned subsidiary…
In a special meeting called to consider this proposal, the Executive Committee of Waterways Council, Inc. unanimously voted to support The Reinvesting in Vital Economic Rivers and Waterways (RIVER) Act of 2013, has announced by its sponsor…
The 82,000 dwt Kamsarmax bulk carrier was recently named in Vietnam's Hyundai Vinashin Shipyard (HVS).Nissaki is built for St Michael Shipping of Greece, marking a significant milestone in the development of the shipbuilding capability of Vietnam…
Greek-based Euroseas Ltd., drybulk and container ship owners and operators, publish their Q4 & full year 2012 financial results.Full year 2012 Highlights: Net loss of $13.2 million or $0.34 net loss per share basic and diluted on total net revenues of $52…
Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December.For months, dredging operations have slowed vessels at points along the river's course…
Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December.For months, dredging operations have slowed vessels at points along the river's course…
Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December.For months, dredging operations have slowed vessels at points along the river's course…
Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December.For months, dredging operations have slowed vessels at points along the river's course…
Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December. For months, dredging operations have slowed vessels at points along the river's course…
Diana Shipping Inc. (NYSE:DSX), was the successful bidder at an auction that took place in France, for the m/v Valeria Della Gatta (to be renamed Maia), a 2009-built Kamsarmax dry bulk carrier of 82,193 dwt, built by Tsuneishi Shipbuilding Co…
Inconsistent Rules Create Uneven Application of Standards. (Captain) Jeff Cowan explores the how and why of the safety gap that comes as a direct result.Oil tankers and cargo vessels face a number of oil spill prevention regulations especially along the U…
There has been a significant volume of shipbuilding business reported in the week according to Clarkson Hellas.Dry Bulk CarriersThe dry bulk fleet has seen a number of new additions this week. It was reported that SWS signed an additional order with Clients of Thenamaris for 1+1 180…
DryShips Inc. (NASDAQ: DRYS), or the Company, an international provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., or Ocean Rig, of offshore deepwater drilling services…