Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Newcastlemax dry bulk vessels, the m/v Philadelphia. The global…
The EU member states’ experts on ship recycling met in Brussels to discuss the latest developments, six months ahead of the application of the 2013 Ship Recycling Regulation. With the recent decision by the Chinese government to stop the import of end-of-life ships for scrapping…
On June 15, 2018 at the Montoir de Bretagne roro terminal, an AEOLUS satellite designed by Airbus Space and Defense for the European Space Agency was loaded aboard the ro-ro vessel Ciudad de Cadiz, bound for Kourou, in French Guiana. Managed…
Mitsui O.S.K. Lines (MOL) announced that MOL and Mitsui & Co have entered into a share purchase agreement to acquire shares in AKOFS Offshore AS, which is owned by Akastor ASA, Norway. After in-kind contribution of the company of owner and leasing the subsea support vessel…
GasLog Partners announced that it has entered into a new multi-year time charter for the GasLog Sydney with a wholly owned subsidiary of Cheniere Energy scheduled to commence in 2018. The charterer has options to extend the charter for up to two consecutive periods at escalating rates…
Global Ship Lease, a containership charter owner, announced that the Company has taken delivery of a 2005-built, 2,800 TEU containership, now named GSL Valerie. Shortly after delivery, and as agreed at the time the Company contracted to purchase the vessel…
SEDNA has launched an update to its transaction management platform, which allows enterprise teams to collaborate, manage large volume of emails and communicate in a secure way.This updated platform is an evolution of SEDNA’s first generation…
Nippon Yusen Kabushiki Kaisha (NYK Line) together with Asahi Shipping, has concluded a long-term contract with Kobe Steel for the transport of coal for up to 20 years aboard a newly built ship. After delivery of the new vessel from Oshima Shipbuilding in 2021…
The commodity trader Noble Group has entered into an agreement with Aeolian Spirit Shipping, a Cyprus company, to dispose a vessel registered in Hong Kong for a consideration of US$23.79 million. Noble said in a press annoucement that its indirect wholly-owned subsidiary…
Hyundai Merchant Marine (HMM) announced that it is launching a new China-Australia express service, under the name ‘A1X (Australia No.1 Express) with carriers Evergreen and APL. The A1X service covers the ports of Ningbo-Shanghai-Yantian-Sydney…
Monjasa acquires the 3,600 DWT tanker, MT Fredericia for continued bunker operation in the English Channel. Leading up to the acquisition, the vessel has been on time charter by Monjasa for several years and the ceaseless high performance…
US-based tanker shipping company International Seaways (INSW) has completed the acquisition of six 300,000 dwt very large crude carriers (VLCCs) from Euronav NV. The tanker company providing energy transportation services for crude oil…
Mitsui O.S.K. Lines (MOL) has announced the delivery of the coal carrier OI MARU, which will serve JERA Trading , was delivered at Imari Shipyard and Works of Namura Shipbuilding on June 14, 2018. The vessel, which was jointly developed by Namura Shipbuilding and MOL…
On Saturday, June 9, the captain and crew of the Wallem-managed vessel the bulk carrier KSL Seoul rescued six fishermen after their boat was involved in an accident and subsequently capsized.The KSL Seoul was passing through the Mindoro Strait…
Tanker company Euronav NV announced that it has sold the Suezmax Cap Jean (1998 – 146,643 dwt) for USD 10.6 million. The vessel was delivered to her new owners on June 8th. The Company will record a capital gain of approximately USD 10…