Overall confidence levels in the shipping industry recovered slightly from their lowest level for over four years in the three months ended November 2012, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens…
China Navigation Company orders four 39,500 dwt Deltamarin designed B.Delta37 handysize bulkcarriers from Chengxi Shipyard in China. Following an initial order placed in March this year, CNCo has now contracted a total of 8 B.Delta37 vessels…
Diana Shipping Inc. (NYSE:DSX) has entered into time charter contracts for three of its vessels.The Company has entered into a time charter contract with Clearlake Shipping Pte. Ltd., Singapore, through a separate wholly-owned subsidiary…
In his acceptance speech Admiral Efthimios E. Mitropoulis is critical as he accepts the IMO International Maritime Prize.The popular Admiral (known as EEM) made the speech at the recent ceremony awarding him the IMO Maritime Prize for 2011 at MO Headquarters…
China Rongsheng Heavy Industries delivers a seventh 380,000 DWT class Very Large Ore Carrier (VLOC) to Vale.The new VLOC, christened Vale Shandong has been received by Vale S.A . As of 7 December 2012, China Rongsheng Heavy Industries has delivered a total of seven VLOCs…
Shipping software company AXSMarine has announced the release of AXSTanker 3.1, an enhanced version of its AXSTanker product. New options will enable Tanker brokers to access AIS and Fixtures information.AXSTanker 3.1 is optimized to produce a great user experience…
COSCO (Guangdong) Shipyard Co., Ltd a subsidiary of COSCO (Singapore) delivers a Handy-size bulk ship COSCO Shipyard Group has delivered the bulk carrier Marine Princess of 35000 dwt to an Asian buyer.The delivery documents have been signed by and between COSCO Guangdong and the purchaser…
Tampa Bay, Florida, port receives cargo of Brazilian corn to offset draught-stricken US production shortfalls.The 620-foot-long M/V King Fraser docks at Port Manatee to discharge more than 52,000 tons of Brazilian-produced corn to be used for animal feed…
The Fednav Group presented with the IBJ award as Bulk Ship Operator of the Year in Hamburg, Germany.This award highlights Fednav's contribution to maritime trade, as well as its leadership in the implementation of higher industry operating standards including efficiency…
Due to continuous delays in the construction and delivery of two Kamsarmax bulkers, Ultrabulk cancels.The bulkships were originally to be built at Zhoushan Jinhaiwan Shipyard Co. Ltd., China, but the yard failed to finish the construction within agreed contractual delivery terms…
U.S. Army Corps of Engineers, U.S. Coast Guard, Barge Industry and Shipping Industry Representatives Hold Press Conference to Address Ongoing Mississippi River Navigation Concerns Due to Continued Drought and Low Water Conditions. Representatives of the barge and shipping industries…
Bulk carrier owners & charterers Safe Bulkers, Inc. reports results for the third quarter and the first nine months of 2012, pays reduced dividend.Extract from Q3 2012 results Net revenue for the third quarter of 2012 increased by 10…
The Port of Hamburg’s overall results for the first nine months characterized by export growth and an import downturn.In the first nine months of 2012 the Port of Hamburg achieved total throughput of 98.1 million tons (down 0.8 percent)…
Euroseas Ltd. owner & operator of drybulk and container carriers publish financial reports period ending 30, September 2012Third Quarter 2012 Highlights: -Net loss of $0.8 million or $0.02 net loss per share basic and diluted on total net revenues of $13…
A decline in demand for freight transportation leads IBISWorld to update its market report on US Ocean & Coastal Transportation.The transportation sector provides deep-sea, coastal, Great Lakes and St. Lawrence Seaway water transportation…
