S’hail Shipping signs deals to purchase two modern dry bulk carriers worth nearly QR75mn

S’hail Shipping signs deals to purchase two modern dry bulk carriers worth nearly QR75mn

S’hail Shipping has entered into agreements to purchase two modern dry bulk carriers worth nearly QR75mn. The announcement was made by Mohamed Khalifa al-Sada, S’hail Shipping chairman and managing …
May 27, 2019 /  Vessels
Campbell Shipping migrates to Inmarsat Fleet Xpress

Campbell Shipping migrates to Inmarsat Fleet Xpress

Inmarsat has reached an agreement with Campbell Shipping to migrate its fleet of 13 dry bulk carriers to Fleet Xpress. The commitment by the ship management company headquartered in Nassau, The Bahamas, will involve a …
Feb 2, 2018 /  Curious
Diana Shipping Announces Cancellation of Shipbuilding Contract

Diana Shipping Announces Cancellation of Shipbuilding Contract

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership of dry bulk vessels, Thursday (Nov 3) announced that, through a wholly-owned subsidiary, it provided a notice …
Nov 3, 2016 /  Finance
GE Shipping surges on taking delivery of a new building resale Kamsarmax Dry Bulk Carrier

GE Shipping surges on taking delivery of a new building resale Kamsarmax Dry Bulk Carrier

Great Eastern Shipping Company (GE Shipping) took delivery of a new building resale Kamsarmax Dry Bulk Carrier Jag Aalok of about 82023 dwt. The company had contracted to buy the ship in April 2016. The vessel has …
Aug 2, 2016 /  Vessels
GE Shipping to purchase five year old capesize dry bulk carrier

GE Shipping to purchase five year old capesize dry bulk carrier

The Great Eastern Shipping Company (GE Shipping) has signed an MOA to purchase a second hand capesize dry bulk carrier (2011 built) of about 179,250 dwt. The ship, built at Hyundai Heavy Industries, is likely to join …
Jun 29, 2016 /  Vessels
Jinhui Shipping sells supramax for $3.4m to take book loss of $4.3m

Jinhui Shipping sells supramax for $3.4m to take book loss of $4.3m

Jinhui Shipping has sold a 16-year-old, 50,786-dwt dry bulk carrier to UAE-based Al Khalejia Aggregates FZE at a price of $3.4m, leading to a book loss of some HKD33m ($4.25m). The bulk carrier has been owned by …
Jun 23, 2016 /  Vessels
Unique chemistry of SIGMASHIELD MTC system from PPG delivers high performance for dry bulk cargo holds

Unique chemistry of SIGMASHIELD MTC system from PPG delivers high performance for dry bulk cargo holds

PPG’s (NYSE: PPG) protective and marine coatings business has unveiled a new protective system for dry bulk carrier cargo holds at Posidonia 2016, June 6-10 in Athens. The PPG SIGMASHIELD™ MTC system is built …
Jun 8, 2016 /  Curious
LNG-Fueled Vessels Go Big with 'Project Forward'

LNG-Fueled Vessels Go Big with 'Project Forward'

ABS joins forces with industry leaders Arista Shipping, Deltamarin, GTT and Wärtsilä in a JDP to bring LNG-fueled vessels into shipping’s mainstream. ABS, a leading provider of classification …
Jun 7, 2016 /  Vessels
Wärtsilä to participate in LNG powered dry bulk carrier project

Wärtsilä to participate in LNG powered dry bulk carrier project

Wärtsilä is to team up with an international group of shipping industry companies and organisations in a project to develop a concept for equipping future dry bulk carrier vessels with LNG …
May 11, 2016 /  Curious
DryShips Inc. Sells trio of vessels and shares in Ocean Rig UDW

DryShips Inc. Sells trio of vessels and shares in Ocean Rig UDW

DryShips Inc., an international owner of drybulk carriers and offshore support vessels, yesterday (Apr 5) announced the consummation of the following transactions: The Company has sold three of its vessels, the …
Apr 6, 2016 /  Vessels