Mitsui O.S.K. Lines (MOL) announced that on December 21, a naming ceremony for an ice-breaking LNG carrier, which was jointly ordered by MOL and China COSCO Shipping Corporation Limited (China COSCO Shipping), was held at Daewoo Shipbuilding & Marine Engineering (DSME)…
Dynagas LNG Partners has announced that a Partnership has entered into a new three year charter agreement with Statoil ASA (Statoil) for the employment of the Arctic Aurora, its 2013-built, 155,000 cubic meter, tri-fuel diesel engine, ice class liquefied natural gas (LNG) carrier…
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Phaethon International Company AG…
ABS, a leading provider of classification and technical services to the global marine and offshore industries, granted Approval in Principle (AIP) for a new very large ethane carrier (VLEC) concept developed by Hudong-Zhonghua Shipbuilding (Group) Co…
Port Canaveral staff were on hand to welcome the captain and crew of the Höegh Sydney roll-on/roll-off (RO/RO) vessel on her inaugural visit to the Port. The Sydney’s arrival at Port Canaveral is the first U.S. port call for the vessel on a transit that originated in East Asia…
Oslo-based boxship owner MPC Container Ships has agreed two more secondhand purchases. 'MPC Container Ships ASis pleased to announce that it has entered into agreements to acquire “Annika” and “Antigoni”, two 987 and 1,049 TEU vessels built in 2008 at Daesun Shipbuilding…
As a part of its growth strategy, ESL Shipping has successfully entered into smaller vessel class with ice classed 3,000 dwt vessels. Baltic Carrier, Baltic Skipper and Capella joined the fleet in fall, and fourth vessel, Delfin, joined the fleet yesterday…
Eagle Bulk Shipping announced that it has acquired a 2015-built CROWN-63 Ultramax bulkcarrier for a purchase price of USD 21.275 million. The vessel was constructed at Yangzhou Dayang Shipbuilding CO.,LTD., the same yard as the nine Ultramaxes acquired by the Company earlier this year…
Petrogress, Inc. has announced that its Petrogress Int’l, LLC (PIL) subsidiary has entered into a Memorandum of Understanding (MoU) with EDT Agency Services, Ltd. (EDT Offshore) to combine the companies’ operations at the Port of Limassol and additional port facilities in Cyprus…
Global agricultural goods merchant Louis Dreyfus Company (LDC) has become a member of the Sustainable Shipping Initiative (SSI), a pioneering coalition of companies from across the global shipping industry. LDC joins other SSI members who…
After its first year of cooperation, the members of THE Alliance announced the details for their enhanced product effective from April 2018. THE Alliance plans to deploy a fleet of more than 250 modern ships in the Asia /Europe, North…
The oil and gas industry has just 18 months to upgrade critical release hook systems on offshore lifeboats to meet new regulations imposed by the International Maritime Organization (IMO) to improve safety at sea. According to the organization…
Oil tanker firm Frontline expects shipping firms to scrap more old vessels in the time ahead, which may lead to a recovery in rates for the remaining global fleet in the second half of 2018, its chief executive told Reuters on Monday.Spot rates for very large crude carriers (VLCCs)…
Algoma Central Corporation, a leading provider of marine transportation services, today announced that it has taken ownership of the Algoma Innovator from the Uljanik d.d. shipyard in Croatia. The vessel is part of the Company’s Equinox…
Norwegian supply shipping company DOF sold and delivered the 1996 built platform supply vessel (PSV) 'Skandi Marstein' to a new owner. The sale will not have any significant liquidity impact or impact on the accounts. The vessel has been in lay up since late autumn 2017…