China Shipbuilding Trading undertook a new project to build 2+2 210,000DWT bulk carriers.
It is done for a well-known European ship owner, jointly with Qingdao Beihai Shipbuilding Heavy Industry.On July 23, China Shipbuilding Trading, successfully undertook a new...
Maersk plumps for rail transportation in Bulgaria.
A.P. Moller - Maersk offers cargo block train services in both directions -import and export- from Burgas port to Plovdiv.As the global integrator of container logistics- A.P. Moller - Maersk plumps...
With reference to Company Announcement no. 03 dated 01 March 2021 regarding the acquisition of eight 2007-2012 built MR product tanker vessels from Team Tankers Deep Sea Ltd, TORM plc (“TORM”) has increased its share capital by 824,895 A-shares...
Crude oil tanker Ocean Pegasus has been sold for USD 17 million as part of admiralty action from the Hamburg Commercial bank, reports Manifold Times.
Tanker sale details
The 2009-built crude oil tanker Ocean Pegasus (IMO 9388778) has been sold on 15 July...
The Safe Bulkers, Inc. has entered into agreements for the acquisition of three Japanese dry-bulk 82,000 dwt, Kamsarmax class vessels at attractive prices, reads a press release by the company.The scheduled delivery dates fall within the fourth quarter of...
The global pandemic, which began in early 2020, has changed the world in many ways. One notable difference is a far greater reliance on maritime shipping. This is clearly the primary way to move goods in the complex global...
An article in Baltic Exchange talks about the necessity of location in shipping.
Confluence of trade, people and ideas
For centuries the great port cities analysed in the recent Xinhua-Baltic International Shipping Centre Development Index report were built on the confluence...
Tor Olav Trøim’s recently launched dry bulk vehicle.
Himalaya Shipping will be listed on the OTC exchange in Oslo following a recent $30m boost raised from Norwegian and international investors.Tor Olav Trøim’s recently launched dry bulk vehicle, Himalaya Shipping, will...
Volga Shipping Company will be building the new RSD71.
A large scale fleet renewal programme will begin with four river-sea mixed class vessels.
The RSD71 project is being developed by the Marine Engineering Bureau.
The construction is slated...
Taylor Maritime Investments to Raise $75 Mln to Fund Fleet Expansion says a Market Watch news article written by Matteo Castia.The dry-bulk shipping company
The dry-bulk shipping company said it will issue new ordinary shares at a price of $1.15....
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