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Tagged in trade

The first Norsepower Rotor Sail™ funded by German Government to be fitted on Baltrader’s new cement carrier

Baltrader Capital GmbH & Co. KG, Hamburg, and Norsepower, the leading global provider of auxiliary wind propulsion systems, have signed a contract concerning the delivery of one 24m x 4m sized Norsepower Rotor Sail™ in summer 2024. The product …
Feb 23, 2024 / Curious

China's first self-built ultradeep ocean drillship completes trial voyage (Video)

China's first domestically developed drilling vessel with the world's deepest drilling depth, "Mengxiang" (Dream), completed its maiden trial voyage on December 27 in the Pearl River Estuary waters of south China's Guangdong Province. The results …
Jan 3, 2024 / Vessels

PIL signs MoU with SGTraDex on digital logistics innovation

A Memorandum of Understanding (MoU) was penned between SGTraDex and shipping lines OOCL, PIL and ONE as an extension to the Digital Collaboration for Logistics Innovation MoU signed earlier on 11 July 2023 with partners PSA Corporation Ltd, CargoERP, …
Aug 29, 2023 / Curious

Svitzer Awarded Alexandroupolis LNG Terminal Contract With Gastrade

Project will draw on Svitzer’s extensive expertise in both terminal towage and servicing the global LNG market, assisting Gastrade in enhancing energy security for Greece and the region of South-Eastern Europe Svitzer, a leading global towage …
Jul 14, 2023 / Curious

The Decade-Long Collaboration Continues Towards More Sustainable Shipping Between NEOT and Terntank

The long-term cooperation and a joint journey to develop the energy-efficient and low-emission supply chain of clean petroleum and bio products started already in 2013. North European Oil Trade (NEOT) has currently six of Terntank’s vessels in …
Mar 16, 2023 / Vessels

Greece’s Gastrade sees decision on second LNG terminal this year

Greece’s Gastrade said it expects to take a final investment decision on developing a second gas floating storage and regasification unit (FSRU) off the country’s northern port of Alexandroupolis by the end of the year. With Europe racing to cut its …
Feb 27, 2023 / Curious

Seanergy Maritime Announces Acquisition of a Scrubber-Fitted Capesize Vessel with Immediate Period Employment and the Sale of the two Oldest Vessels of the Fleet

Seanergy Maritime Holdings Corp. (Seanergy) (NASDAQ: SHIP) announced on Tuesday (Jan03) the acquisition of a 2012-built Capesize vessel from a major Japanese company and the simultaneous commencement of its period employment. In addition, the …
Jan 4, 2023 / Vessels

Maersk and IBM to discontinue TradeLens, a blockchain-enabled global trade platform

A.P. Moller - Maersk (Maersk) and IBM today announced the decision to withdraw the TradeLens offerings and discontinue the platform. “TradeLens was founded on the bold vision to make a leap in global supply chain digitization as an open and …
Nov 30, 2022 / Curious

Safe Bulkers, Inc. Announces Sale of one Kamsarmax Vessel

Safe Bulkers, Inc. (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the sale of MV Pedhoulas Trader, a 2006 Japanese-built, Kamsarmax class, dry-bulk vessel at …
Sep 26, 2022 / Vessels

Diana Shipping Announces the Acquisition of Nine Ultramax Dry Bulk Vessels from Sea Trade Holdings Inc.

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, Thursday (Aug12) announced that it has agreed, through separate wholly-owned subsidiaries, to acquire nine modern …
Aug 12, 2022 / Vessels