Yearly Archives: 2021
Why Supertankers Are Losing Almost $7,000 a Day?
Daily earnings slumped to the lowest since at least 2017.
Rates hit by OPEC production cuts and an oversupply of vessels.
Supertanker's loss deepened...
Singapore Ratifies Convention on the International Organization for Marine Aids to Navigation
Singapore is the first country to ratify the Convention on the International Organization for Marine Aids to Navigation, says a press release published on...
Cargo Demand To Boost 2021 Dry Bulk Rates, Says Goodbulk
GoodBulk Ltd., a leading owner, and operator of dry bulk vessels announces its financial results for the fourth quarter of 2020, says an article...
Tanker Shipping Company Eyes Gas Carrier & Boxship Entries
Seven Islands Shipping (SISL) is looking to diversify from its tanker origins into gas carriers and boxships, reports BusinessLine.
Fast-growing SISL
Fast-growing Seven Islands Shipping (SISL)...
Castor Maritime Announces Its $15.45m Worth Acquisition Deal
Castor Maritime acquired a 2010-built Korean kamsarmax bulker, says a press release published on their website.
Vessel acquisition
Greek owner Castor Maritime announced the acquisition of...
[Watch] Cargo Ship Sinks, 2 Dead
General cargo ship sank in stormy weather east of Constanta, Romania, with cargo of coal, reports Maritime Bulletin.
What happened?
A general cargo ship loaded with...
SITC Linked to Orders for Eight Boxships At Yangzijiang
Chinese boxship operator SITC has been linked to orders for eight boxships at compatriot shipyard Yangzijiang Shipbuilding, reports Splash247.
About Announcement
Yangzijiang recently announced new ship...
TERNA S.A. Awarded MAN Energy Solutions LNG Project
Greek Construction Company, TERNA S.A., a 100% subsidiary of the GEK TERNA Group, has awarded MAN Energy Solutions the contract for the engineering of,...
An Insight Into The Process Of Detention In China
Jeff Wasserstrom is a self-proclaimed China specialist who is seriously considering never returning to China -- at least, he says, not while President Xi...
Dry Bulk Market To Witness ‘Perfect Rainbow’ Amid Healthy Outlook
US-based dry bulk owner is bullish on the sector this year, and is even more so for 2022 due to a continuing shrinking...