An Op-Ed issued by the Lake Carriers’ Association, American Great Lakes Ports Association and Great Lakes Maritime Task Force addresses the “exaggerations and inaccuracies” surrounding the Vessel Incidental Discharge Act (VIDA), and explains…
Dutch shipbuilder Ferus Smit has delivered the second LNG-powered cement carrier, MV Ireland, to owners JT Cement, a joint venture between Swedish shipping company Erik Thun AB and Norway’s KG Jebsen Cement. MV Ireland, along with sister vessel MV Greenland delivered in December 2015…
Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it was notified by the New York Stock Exchange (“NYSE”) that the Company has regained compliance with the…
Leading international classification society Bureau Veritas has developed a one-stop- shop mobile application which will allow marine professionals to easily perform daily class and statutory actions through a user-friendly interface. With My VeriSTAR…
The U.S. Coast Guard continues to monitor and respond to the motor vessel Roger Blough, Wednesday, after the vessel ran aground Friday afternoon on Gros Cap Reef in Whitefish Bay in Lake Superior.Plans continue to progress to safely free…
Rickmers-Linie, the Hamburg based liner service specialist for breakbulk, heavy lift and project cargoes takes over the activities of tramp and chartering specialist Nordana Project & Chartering with offices in Copenhagen, Bangkok, Singapore and Houston…
The U.S. Coast Guard continues to monitor and respond to the motor vessel Roger Blough, Tuesday, after the vessel ran aground Friday afternoon on Gros Cap Reef in Whitefish Bay in Lake Superior.Plans continue to progress to safely free the…
The dry bulk market could become profitable again in 2019 – but only if a series of extremely tough and sustained measures are taken by shipowners, year on year. 2016 has to be the turning point in addressing the fundamental imbalance of the dry bulk market…
“Scrapping ships and no new builds is the fastest road to recovery for the dry bulk market”BIMCO President Philippe Louis-Dreyfus comments on BIMCO’s latest market analysis:The dry bulk market could become profitable again in 2019 – but…
Earlier this month, BigLift Shipping’s Happy Dynamic successfully transported two 560 mt Siwertell Continuous Ship Unloaders (CSUs) from Chioggia, Italy, to Liverpool, UK.The CSUs are 35 m high and 24 m wide and, when in service, have a discharge capacity of 1…
The latest Gibson Market Report focused on the age profile of the VLCC fleet and the prospects for trading life beyond 15 years of age. Analysis of the Suezmax fleet shows a similar picture, with eighty-nine units over15 years of age (18%…
Diana Shipping Inc. today announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with Bunge S.A., Geneva, for one of its Panamax dry bulk vessels, the m/v Naias. The gross charter rate is US$5,000 per day…
The Baltic Dry Index (BDI) ’s positive effect on capacity being removed from the fleet did not continue into Q2 2016, as capesize demolition came to a halt.The BDI went from “devastating” in February to “poor” in April with the highest total…
Maritime New Zealand has appointed Captain Jon Peters as harbormaster for the Port of Taharoa, replacing Maritime NZ staff member Capt. Richard Lough, who held the role on a temporary basis. Capt. Peters brings to the role more than 25 years’ maritime experience…
Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today its results for the three month period ended March 31…
