Diana Shipping signs time charter contract for mv Ismene with Koch

Diana Shipping signs time charter contract for mv Ismene with Koch

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract …
Dec 11, 2018 /  Vessels
Bow Aquarius enters Odfjell's fleet

Bow Aquarius enters Odfjell's fleet

The 2016 built 40,000 dwt chemical tanker will join Chempool 40 and adds quality tonnage to Odfjell's portfolio. Bow Aquarius is one of eight vessels in the pool cooperation between Odfjell and Sinochem Shipping …
Dec 11, 2018 /  Vessels
Port of Baltimore awarded $6.6 million in federal funding to develop second deep berth for supersized ships

Port of Baltimore awarded $6.6 million in federal funding to develop second deep berth for supersized ships

State and Ports America Chesapeake Funding Will Also Contribute To Allow Port to Accommodate Two Large Ships Simultaneously Governor Larry Hogan Friday (Dec 07) announced that the Maryland Department of Transportation …
Dec 11, 2018 /  Vessels
Overseas Shipholding Group, Inc. & American Shipping Company ASA Jointly Announce Extension of Tanker Charters

Overseas Shipholding Group, Inc. & American Shipping Company ASA Jointly Announce Extension of Tanker Charters

Overseas Shipholding Group, Inc. (NYSE:OSG) and American Shipping Company (Oslo Stock Exchange: AMSC / OTCQX: ASCJF) yesterday jointly announced that OSG has exercised options to extend its charter agreements with AMSC …
Dec 11, 2018 /  Vessels
Ship Recycling Transparency Initiative launches new platform to drive responsible ship recycling

Ship Recycling Transparency Initiative launches new platform to drive responsible ship recycling

Monday (Dec 10), industry leaders and the non-profit organization Sustainable Shipping Initiative announced the launch of the Ship Recycling Transparency Initiative’s (SRTI) online platform, a tool for sharing …
Dec 11, 2018 /  Curious
Global Ship Lease Announces New Long-Term Charter Agreements

Global Ship Lease Announces New Long-Term Charter Agreements

Secures new five-year time charters with CMA CGM for two high-specification, modern containerships at rates approximately 30% above current levels New long-term charter coverage increases contracted revenue by …
Dec 10, 2018 /  Vessels
Khalifa Port to double container volumes in 2019, official says

Khalifa Port to double container volumes in 2019, official says

A new terminal operated by China's Cosco Shipping Ports was inaugurated on Monday Khalifa Port expects to double the number of containers handled next year with the help of China’s Cosco Shipping Ports, which …
Dec 10, 2018 /  Curious
Goliat field support vessel Stril Barents to switch to battery power

Goliat field support vessel Stril Barents to switch to battery power

Eni Norge AS and Simon Møkster Shipping have reached an agreement to ensure significant reductions in the fuel consumption of the vessel Stril Barents supporting the Goliat field. A system including Shore Power …
Dec 10, 2018 /  Vessels
Port of Tallinn rewards emission-reducing ships with a discount of up to 8% on tonnage fees

Port of Tallinn rewards emission-reducing ships with a discount of up to 8% on tonnage fees

Starting in 2019, ships participating in the Environmental Ship Index (ESI) in working towards reducing air emissions may apply for up to 8 per cent discount on tonnage fees in the harbours of the Port of Tallinn. The …
Dec 10, 2018 /  Curious
FSL Trust Orders Two LR2 Tanker at Cosco yard

FSL Trust Orders Two LR2 Tanker at Cosco yard

Singapore-based First Ship Lease Trust (FSL Trust) Management has entered into a letter of intent with China’s Cosco Shipping Heavy Industry (Yangzhou) to order two LR2 product tankers, fitted with scrubbers, for …
Dec 7, 2018 /  Curious