Greece-based dry bulk shipping firm Star Bulk Carriers has entered into definitive agreements to acquire 18 dry bulk vessels in two all-share transactions. 15 of the vessels will be acquired from Songa Bulk and three of the vessels will be acquired from Oceanbulk Container Carriers…
Hong Kong-based dry bulker company Pacific Basin Shipping has decided to acquire four bulkers with 50% equity funding. 'On May 14, 2018, PB Vessels Holding Limited, a subsidiary of the company, entered into four separate ship contracts for the purchase of vessels…
U.S.-based ballast water treatment system (BWTS) manufacturer Ecochlor, Inc. said it has been awarded a contract to retrofit 36 vessels, including Suezmaxes, Aframaxes, VLCCs, Minicapes and Capes for Angelicoussis Shipping Group Limited (ASGL)…
As industry efforts to make autonomous shipping a reality continue, Rolls-Royce and AXA Corporate Solutions have signed a letter of intent (LOI) to explore ways in which they can bring a new risk management offering to the marine market.The…
Carnival Corporation's luxury cruise brand Seabourn introduced its newest vessel with a naming ceremony for Seabourn Ovation in the harbor of Valletta, Malta.Seabourn Ovation is the fifth ultra-luxury vessel to join the Seabourn fleet over the past decade…
Seaspan Corporation said it has accepted delivery of the CMA CGM Cochin, a 10,000 TEU containership that will commence a fixed rate time charter with CMA CGM S.A. for a three year term with an option to extend for an additional three years.The new containership…
The Panama Canal announced that it has added an additional reservation slot to its Neopanamax locks, effective from Monday (May 07), bringing the total available booking slots to eight daily.The decision to offer additional capacity to shippers…
Alfa Laval said it has signed fleet agreements with Polsteam and Nova Ship Tech SA for the supply of PureBallast 3, the third generation of Alfa Laval’s ballast water treatment technology.Under the agreements, Alfa Laval will provide dozens…
Greece-based owner of containerships and bulk carriers Euroseas has spun off its drybulk fleet into a separate company. The Company announced that it filed a registration statement on Form F-1 with the Securities and Exchange Commission…
In the Arctic, marine mammals such as belugas and bowhead whales rely on a quiet environment to communicate and forage. But as Arctic sea ice shrinks and shipping traffic increases, vessel disturbance could very likely impact their social behaviours…
Navios Maritime Containers, a growth vehicle dedicated to the container sector, announced that it agreed to acquire three containerships for a total purchase price of $117.25 million. Navios Containers agreed to acquire two 8,204 TEU containerships…
Capital Product Partners L.P. has announced that it has completed the previously announced acquisition of the M/T Anikitos, an eco-type MR product tanker (50,082 dwt IMO II/III Chemical Product Tanker built 2016, Samsung Heavy Industries (Ningbo) Co…
Ben van Scherpenzeel is Chairman of the international Port Call Optimisation Task Force said that it’s rather curious that the shipping sector, whose history goes back some 5,000 years, only recently adopted international standards for nautical port information…
Tanker company International Seaways said that it has entered into a stock purchase and sale agreement to acquire the holding companies for six VLCCs from Euronav NV in connection with the closing of Euronav’s announced acquisition of Gener8 Maritime…
European Cargo Logistics (ECL), an associated company of Lübecker Hafen-Gesellschaft mbH (LHG), and DSV Road AB, a part of DSV – Global Transport and Logistics, are now reaching another spot on the map, Zajeci in the South Moravian Region of the Czech Republic…