BMT JFA Consultants, a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has successfully completed a series of long term engineering consultancy services for the Southdown Magnetite Project…
Star Bulk Carriers Corp. (Nasdaq: SBLK) announced that one of its vessels, the STAR POLARIS, sustained bottom damage when entering the port of Eregli, Turkey. Following a survey of the damages, the vessel proceeded for permanent repairs to Daewoo Mangalia shipyard in Romania…
Star Bulk Carriers Corp. (Nasdaq: SBLK) has entered into an agreement to sell the Star Ypsilon, a 150,940 dwt Capesize vessel, built 1991, to a third party for a contracted sale price of $9.12 million. The Company plans to deliver the vessel to the buyers within March 2012…
Excel Maritime Carriers Ltd. (NYSE: EXM), an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportation services for dry bulk cargoes, entered into new period charter agreements for yet another two of its vessels…
Sennebogen accelerates turnaround, reduces costs in Charleston port with supersized electric drive scrap handler. The port facility receiving scrap metals for the nearby steel mill is now unloading barges and filling haul trucks 25% faster with its SENNEBOGEN 880 R-HD material handler…
DY4001 is the lead ship of the CROWN 63 series, a series of 63,500-DWT bulk carriers, which recently completed its sea trial items made its return voyage on February 17. According the shipyard, the vessel’s speed trial was proven beyond its design prediction and met all the guarantee…
Excel Maritime Carriers Ltd. (NYSE: EXM), an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportation services for dry bulk cargoes, has entered into four new period charter agreements for four of its Kamsarmax vessels…
Vale uses Logmarin to develop the world’s largest floating bulk terminal. Genoa-based Logmarin Advisors, part of the RINA Group, has enabled Brazil’s Vale SA to convert the Ore Fabrica (the former VLCC Front Duchess) into the world’s largest transhipment vessel…
Drewry Maritime Research’s latest edition of its Dry Bulk Forecaster pulls no punches in its assessment of a market that looks certain to continue hitting dry bulk shipowners hard.Tonnage supply hit a massive 605 million dwt at the end of 2011…
Great Lakes, Mississippi River Separation Threatens Jobs and Commerce, AWO Says. The American Waterways Operators strongly believes that effecting permanent physical separation between the Great Lakes and the Mississippi River basins as…
Paragon Shipping Inc. announced that Deiulemar Compagnia di Navigazione SpA, the charterer of the M/V Friendly Seas (the 'Vessel'), a 2008-built 58,779 dwt Supramax bulkcarrier (the 'Charterer'), has continued to fail to provide payment due…
Cargill exporting local grain to Canadian ethanol plant via the 'James Kuber.' The Port of Indiana-Burns Harbor has welcomed a rare January lake vessel to its docks. The 'James Kuber' will export approximately 16,000 tons of local corn from port company Cargill to an ethanol plant in Sarnia…
Star Bulk Carriers Corp. (Nasdaq: SBLK), said that its Board of Directors approved the extension of the Company’s Share Repurchase Plan, which has been in place since 2010, to December 31, 2012. The plan calls for the repurchases of Common…
Lloyd’s Register supervised the design appraisal, build and sea trials, verifying the performance of a new, modified 57,000 dwt ship based on a SDARI design. The M.V. Aquila, first in a new series of supramax bulk carrier designs, optimised…
The St. Lawrence Seaway closed for the season on December 30, 2011, with the westbound vessel Algoma Spirit reaching Lake Ontario at 7:54 a.m. after having transited the locks on the St. Lawrence River. The Seaway’s 53rd navigation season commenced on March 22nd…
