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…
Pioneer Marine Inc., a shipowner and global drybulk handysize transportation service provider, has terminated the last two newbuilding contracts for Green Dolphin 38,400 dwt Handysize vessels following mutual agreement with Yangzhou Guoyu Shipyard…
Malaysian Bulk Carriers Bhd (Maybulk) is said to be putting two more vessels up for sale, says The Edge, a local media. This comes on the heels of reports that it has sold one of its five post-Panamax dry bulk carriers — the 87,000-deadweight tonne (dwt) Alam Pesona — for US$6…
Phaethon International has chartered a panamax bulk carrier Which is owned by the Greek shipping Diana Shipping on for up to eight months with a daily rate of US $ 5,250, according to the Baltic Exchange data. Coronis (74,381 dwt, built…
