Grimaldi further boosts its freight services to Sardinia

Grimaldi further boosts its freight services to Sardinia

The Grimaldi Group boosts its freight services between Northern Italy and Sardinia with the introduction of a new line that will link Genoa to Porto Torres. The vessel deployed on the route will be the ro/pax Euroferry …
Oct 12, 2018 /  Curious
Great Eastern Shipping contracts to sell its Kamsarmax Dry Bulk Carrier Jag Arya

Great Eastern Shipping contracts to sell its Kamsarmax Dry Bulk Carrier Jag Arya

The Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell its 2011 built Kamsarmax Dry Bulk Carrier Jag Arya of about 80,480 dwt. Caption: Bulk carrier Jag Arya - Image courtesy …
Sep 28, 2018 /  Vessels
ESSAR Extends Engagement With Svitzer in Liverpool

ESSAR Extends Engagement With Svitzer in Liverpool

Svitzer, a leading provider of harbour and terminal towage to the global shipping industry, has entered a yearlong agreement with Essar Oil UK to provide towage service related to the Stanlow Manufacturing Complex in …
Sep 27, 2018 /  Vessels
Safe Bulkers, Inc. Agrees with Cosco Shipping Heavy Industry Co. Ltd. to Install Alfa Laval PureSOx Scrubbers

Safe Bulkers, Inc. Agrees with Cosco Shipping Heavy Industry Co. Ltd. to Install Alfa Laval PureSOx Scrubbers

Safe Bulkers, Inc. (NYSE:SB), an international provider of marine drybulk transportation services, announced yesterday that it has agreed with Cosco Shipping Heavy Industry Co. Ltd., (Cosco), a detailed schedule within …
Sep 11, 2018 /  Curious
Scorpio Bulkers announces commitment for new loan facility for financing of two Kamsarmax bulk vessels

Scorpio Bulkers announces commitment for new loan facility for financing of two Kamsarmax bulk vessels

Scorpio Bulkers Inc. (NYSE:SALT) (Scorpio Bulkers) announced today that the Company has received a commitment from a leading European financial institution for a loan facility of up to $34.0 million. Caption: Bulk …
Sep 10, 2018 /  Finance
Diana Shipping Announces Direct Continuation of Time Charter Contract for mv Medusa with Cargill

Diana Shipping Announces Direct Continuation of Time Charter Contract for mv Medusa with Cargill

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership of dry bulk vessels, Tuesday announced that, through a separate wholly-owned subsidiary, it has entered into a time charter …
Sep 5, 2018 /  Vessels
Bulgaria’s BMF Port Burgas Launches Logistics Base

Bulgaria’s BMF Port Burgas Launches Logistics Base

Port operator BMF Port Burgas has built and commissioned a new logistics base to receive, store and reload equipment for the development of oil fields in Kazakhstan. The complex was built under a contract with Belgian …
Aug 30, 2018 /  Curious
Panama Canal - 104th Anniversary: Reflecting on Our Past and Looking to the Future

Panama Canal - 104th Anniversary: Reflecting on Our Past and Looking to the Future

This month marks the anniversary of the Inauguration of Panama Canal, set forth by the passage of the first cargo ship, the SS Ancon, 104 years ago. At the time, the Canal was considered one of the most important …
Aug 23, 2018 /  Curious
Marine & General Bhd secures RM48m contract for the supply of two vessels

Marine & General Bhd secures RM48m contract for the supply of two vessels

Marine & General Berhad (M&G) announced on Friday that its subsidiary, Jasa Merin (Malaysia) Sdn Bhd (JMM), has been awarded a contract by Murphy Sarawak Oil Co Ltd (Murphy), for the provision of two Anchor …
Aug 13, 2018 /  Vessels
Scorpio Bulkers Inc. Announces a Commitment for a New Loan Facility

Scorpio Bulkers Inc. Announces a Commitment for a New Loan Facility

Scorpio Bulkers Inc. (NYSE:SALT) (Scorpio Bulkers) announced today that the Company has received a commitment from Nordea AB (publ), acting through its New York branch, and Skandinaviska Enskilda Banken AB (publ) for a …
Aug 6, 2018 /  Finance