Diana Shipping Inc. Announces the Sale of a Panamax Dry Bulk Vessel, the mv Thetis

Diana Shipping Inc. Announces the Sale of a Panamax Dry Bulk Vessel, the mv Thetis

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership of dry bulk vessels, today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to …
Jun 14, 2019 /  Vessels
COSCO SHIPPING, NOVATEK, Sovcomflot and Silk Road Fund Signed an Agreement in Respect of Maritime Arctic Transport LLC

COSCO SHIPPING, NOVATEK, Sovcomflot and Silk Road Fund Signed an Agreement in Respect of Maritime Arctic Transport LLC

In the presence of Russian Deputy Prime Minister Maxim Akimov, COSCO SHIPPING, PAO NOVATEK, PAO Sovcomflot, and Silk Road Fund signed an Agreement in respect of the Maritime Arctic Transport LLC (“MArT”) in …
Jun 12, 2019 /  Curious
ONE Enhances North Sea Baltic Service (NBS) for Russia and Finland

ONE Enhances North Sea Baltic Service (NBS) for Russia and Finland

Ocean Network Express (ONE) announced the details of the enhanced North Sea Baltic Service (NBS) for Russia and Finland, following the announcement of the Bilateral Strategic Co-operation Agreement for feeders in October …
Jun 12, 2019 /  Curious
Performance Shipping Inc. Announces Agreements to Acquire Two Aframax Tankers and US$10.0 Million Investment by its Chairman

Performance Shipping Inc. Announces Agreements to Acquire Two Aframax Tankers and US$10.0 Million Investment by its Chairman

Performance Shipping Inc. (NASDAQ:DCIX), yesterday announced that it has agreed to acquire two entities, which have signed contracts to purchase two 2011-built Aframax tanker vessels from an unaffiliated third party …
Jun 12, 2019 /  Curious
DP World to operate ports along Russia’s Northern Sea Route

DP World to operate ports along Russia’s Northern Sea Route

DP World to run ports that Russia plans to build along the northern sea route in the Arctic to shorten shipping times between the east and west. The Russian Direct Investment Fund - being an investment fund of the …
Jun 10, 2019 /  Curious
Diana Shipping signs time charter contracts for mv New York with Singapore Marine and mv Boston with Oldendorff

Diana Shipping signs time charter contracts for mv New York with Singapore Marine and mv Boston with Oldendorff

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 …
Jun 10, 2019 /  Vessels
NYK Group Company Becomes the First Asian Member of One Sea Autonomous Ship Alliance

NYK Group Company Becomes the First Asian Member of One Sea Autonomous Ship Alliance

NYK Group research subsidiary MTI Co. Ltd. has become the first Asian member of One Sea, an industry alliance aiming to realize autonomous ships. By actively participating in the discussion on international standards, …
Jun 10, 2019 /  Curious
Sovcomflot, NOVATEK, COSCO, Silk Road Fund sign joint venture agreement

Sovcomflot, NOVATEK, COSCO, Silk Road Fund sign joint venture agreement

During the 2019 St. Petersburg International Economic Forum, PJSC NOVATEK, PAO Sovcomflot, China’s COSCO SHIPPING Corporation Limited, and the Silk Road Fund Co., Ltd, signed a four-party agreement to establish a …
Jun 7, 2019 /  Curious
LR and HGS collaborate on digital solutions to benefit shipping

LR and HGS collaborate on digital solutions to benefit shipping

LR and Hyundai Global Service (HGS) have announced a new collaboration that will deliver added value to the shipping industry through digital solutions, starting with the appraisal of HGS’s Smart Ship System as …
Jun 6, 2019 /  Vessels
Oldendorff: Wide range of asset deals with Chinese yards and leasing companies

Oldendorff: Wide range of asset deals with Chinese yards and leasing companies

During the last 12 months, Oldendorff has been able to complete a total of 23 deals with 3 Chinese leasing companies as follows: 2 x 209,000 tdw built 2020 – 2021 – resold with 5 + 5 + 2 years floating BB …
Jun 6, 2019 /  Curious