DryShips Inc. Announces Acquisition of Vessel

DryShips Inc. Announces Acquisition of Vessel

DryShips Inc. (NASDAQ:DRYS) (DryShips), a diversified owner and operator of ocean-going cargo vessels, Friday (May03) announced that it has agreed to acquire from an entity that may be deemed to be beneficially owned by …
May 7, 2019 /  Vessels
Port of Newcastle statement on Newcastle cruise terminal funding

Port of Newcastle statement on Newcastle cruise terminal funding

Infrastructure NSW has advised that the $12.7 million funding for the Newcastle cruise terminal project is no longer available. Port of Newcastle has been working on this project on behalf of the NSW Government on the …
Apr 23, 2019 /  Cruise
Largest tanker arrival the culmination of significant investment in Newcastle

Largest tanker arrival the culmination of significant investment in Newcastle

The 244-metre Pro Alliance long range 2 (LR2) class tanker berthed at 1100 hrs at Stolthaven's Mayfield 7 dedicated bulk liquids terminal, a purpose-built facility catering to vessels of that size.   The milestone …
Mar 18, 2019 /  Vessels
Diana Shipping Inc. Announces Time Charter Contracts for mv Newport News and mv Los Angeles with SwissMarine

Diana Shipping Inc. Announces Time Charter Contracts for mv Newport News and mv Los Angeles with SwissMarine

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership of dry bulk vessels, yesterday announced that, through a separate wholly-owned subsidiary, it has entered into a time charter …
Feb 26, 2019 /  Curious
Newcastle LNG Developer, EPIK, Secures Strategic Partnership with Hyundai LNG to Advance FSRU Projects

Newcastle LNG Developer, EPIK, Secures Strategic Partnership with Hyundai LNG to Advance FSRU Projects

EPIK Co. Ltd. (EPIK), a liquefied natural gas (LNG) project development company, announced today that it has signed a Strategic Partnership Agreement with Hyundai LNG Shipping Co., Ltd. The agreement lays out a framework …
Feb 25, 2019 /  Curious
Another milestone for the Newcastle Bulk Terminal development

Another milestone for the Newcastle Bulk Terminal development

The dismantling of the old ship unloaders is now complete, with bulk cargo hoppers now in place to provide continuity of trade while the new ship unloader and conveyor system is constructed. The old ship unloaders at …
Dec 19, 2018 /  Curious
South Korea-based EPIK Signs Agreement with Port of Newcastle to Develop “Newcastle LNG” FSRU Import Terminal

South Korea-based EPIK Signs Agreement with Port of Newcastle to Develop “Newcastle LNG” FSRU Import Terminal

EPIK Co. Ltd. (EPIK), a South Korea-based liquefied natural gas (LNG) floating storage and regasification unit (FSRU) project development company, announced yesterday that it has entered into a Project Development Option …
Dec 5, 2018 /  Curious
ABS Awards AIP for MARIC Dual Fuel Newcastlemax

ABS Awards AIP for MARIC Dual Fuel Newcastlemax

ABS granted Approval in Principle (AIP) to the Marine Design & Research Institute of China (MARIC) for a novel Dual Fuel Design for a 210,000 DWT Bulk Carrier. MARIC, a subsidiary company of China State …
Nov 1, 2018 /  All
ACCC: Port of Newcastle to reduce charge for Glencore

ACCC: Port of Newcastle to reduce charge for Glencore

The Australian Competition and Consumer Commission (ACCC) has finalised its arbitration of a dispute between Glencore Coal Assets Australia Pty Ltd (Glencore) and Port of Newcastle Operations Pty Ltd (PNO) about terms …
Oct 9, 2018 /  Curious
Newcastle welcomes ro-ro shipment for Newcastle Light Rail project

Newcastle welcomes ro-ro shipment for Newcastle Light Rail project

The first carriage for the Newcastle Light Rail project was received by the Port of Newcastle on Saturday 8 September. The specialist consignment arrived on onboard Hoegh’s roll-on / roll-off vessel which docked at …
Sep 17, 2018 /  Curious