Grindrod Shipping Holdings, a global provider of maritime transportation services in the dry-bulk and product tanker sectors, announced a number of transactions relating to a new financing arrangement, its fleet and share repurchases.'Further…
International shipbroker Simpson Spence Young and Signal Ocean Ltd have announced that they have entered into a strategic partnership as investors to work together to bring high-impact technology solutions to the commercial ship management of dry bulk carriers…
Diana Shipping announced the appointment of Ms. Semiramis Paliou to the office of Deputy Chief Executive Officer, effective immediately.Ms. Paliou has served as a director of the Company since 2015 and as Chief Operating Officer since 2018, and will continue to serve in these roles…
The Great Lakes Seaway Partnership hosted Capitol Day in St. Paul, Minnesota yesterday to meet with Governor Tim Walz and other key legislators to share insights on the critical role of the Great Lakes Seaway system in maintaining a vibrant regional…
The Baltic Exchange's main sea freight index edged up on Thursday, ending a nine-session losing streak, on higher demand for capesize vessels.The Baltic index, which reflects rates for capesize, panamax and supramax vessels, inched up 6 points…
Japanese shipbuilder Mitsui E&S Shipbuilding (MES-S) has handed over a 66,000 dwt bulk carrier to Liberia-based Tomaros Navigation at its Tamano Shipyard.The newbuild is named M/V Tomaros.'This is the 20th ship of our 'neo66BC', the 'wide beam shallow draft vessel' of our line-up 'neo series'…
Cyprus-based dry bulk shipping company Castor Maritime has acquired its third Panamax dry bulk carrier for $10.2mln.The global shipping company specializing in the ownership of dry-bulk vessels informed that through a separate wholly-owned subsidiary…
Navios Maritime Partners L.P., an international owner and operator of dry cargo vessels, managed to repay a major loan amounting to USD 418.5 million by combining three types of refinancing.Angeliki Frangou, Chairman and Chief Executive Officer of Navios Partners stated…
Mitsui O.S.K. Lines (MOL) and Tohoku Electric Power have announced that they intend to move ahead with a joint study to install the Wind Challenger telescopic hard sail system on a coal carrier.MOL said that the two companies have been studying…
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell for a third consecutive session on Tuesday, due to lower demand for larger capesize and panamax vessels.* The Baltic index, which reflects rates for capesize…
Norway-based shipowner 2020 Bulkers has entered into a time charter agreement for its newcastlemax newbuilding Bulk Shanghai with a subsidiary of Glencore.The vessel will commence a 11-13 month time charter upon delivery from New Times Shipyard…
The shareholders of the dry bulk shipping company based in Athens, Greece, DryShips, voted in favor of the proposal to authorize and approve the previously announced agreement and plan of merger with SPII Holdings.SPII, a company controlled by DryShips’ chairman and CEO…
Greek dry bulk owner Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Al Ghurair Resources International L.L.C., Dubai, for one of its Post-Panamax dry bulk vessels, the m/v Polymnia…
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, edged lower on Friday, weighed down by lower capesize vessel rates, while the main index posted its first weekly rise in five.The Baltic index…
Japanese shipping company Nippon Yusen Kaisha (NYK) held its annual Dry Bulk Safety Conference at the company’s headquarters in Tokyo to share safety awareness and review trouble response for dry bulk vessels.A total of 75 participants from…