Vessel built by Naikai Zosen for Nissho Shipping will become first NK classed ship to incorporate special construction for carriage of liquefiable cargoes. A new vessel being built at Japanese shipyard Naikai Zosen Corporation for shipowner Nissho Shipping Co…
Hong Kong based SpecTec Asia Pacific East Ltd has entered into an agreement to supply SpecTec AMOS software and related services to Kuang Ming Shipping Corp. head office and its 14 bulk cargo ships. Kuang Ming Shipping Corp. was established in May 1990 in Taiwan…
Mitsubishi Heavy Industries, Ltd. (MHI) has developed a new bulk carrier which it repotes will enable reductions in CO2 emissions by about 25% compared with conventional averaged bulk carriers. As the first commercial application of the new design…
Inland Salvage Inc. Completes Lightering and Salvage Operations of Sunken Hopper Barge.Inland Salvage Inc.recently completed the removal of approximately 1000 tons of structural scrap steel from a sunken hopper barge and subsequent salvage…
At its recent 22nd meeting BIMCOs Marine Committee discussed the implications of the recently adopted amendments to MARPOL Annex VI which imposes an Energy Efficiency Design Index (EEDI) to new ships built after 1st January 2013.BIMCO was…
MEBA accuses operator of creating labor dispute and delaying important cargoes. AMO enters into new collective bargaining agreement with Liberty. On Monday, Liberty Maritime Corporation announced that it had entered into a new collective…
Liberty Maritime Corporation (Liberty Maritime) of Lake Success, New York today announced that it has entered into a new collective bargaining agreement with the American Maritime Officers (AMO) union under which the AMO will provide U.S. citizen…
Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 56,000 dwt type bulk carrier M.V. “DESERT CONDOR” (MES Hull No. 1776) at its Tamano Works on September 29, 2011 to New Borough Corp., Marshall Islands. This vessel is a handy-max type bulk carrier of 56…
DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, today announced the details of the partial spin off of Ocean Rig UDW Inc. Based on 408…
Diana Shipping Inc. (NYSE:DSX) entered into two time charter contracts with EDF Trading Limited, London, for its two Newcastlemax dry bulk carriers, the m/v Los Angeles and the m/v Philadelphia, which are currently under construction. Both charters will be at a gross rate of US$18…
U.S. ports reported upticks in tonnage during the normal summer slowdown period. The Seaway’s year-to-date total cargo shipments from March 22 to August 31 were 22 million metric tons, up 3.5 percent from the same period last year. “In addition to the cargo shipments increase…
Globus Maritime Announces the Delivery of the Supramax 'Sun Globe,' Expanding Fleet to Seven Vessels. Globus Maritime Limited ('Globus' or the 'Company'), (NASDAQ: GLBS), a dry bulk shipping company, announced that it has taken delivery of the M/V 'Sun Globe…
DryShips Inc. (the “Company” or “DryShips”), a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, today announced the results of its 2011 Annual General Meeting of Shareholders (the “Meeting”)…
London Club says owners must not accept exemptions from IMSBC code for DRI cargoes. THE London P&I Club has urged shipowners to be alert to any attempt by shippers and other cargo interests to claim exemptions from the International Maritime…
GL’s fleet in service passed the historic mark of 100 million GT. Over 7,200 vessels are under the regular technical supervision of GL. The fleet doubled within the past six years.The ship which saw GL break the 100 million mark was shipping company Hamburg Süd's 85…