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Euroseas Ltd extends the time charter contract of its container vessel, C/V “Akinada Bridge”. The new rate is expected to be in motion on October 30th, 2020. In addition, the company signed an agreement to sell its other...
The Baltic Briefing has issued the tanker report for the 38th week of this year. The report dated 18th September 2020 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities. VLCC Another lacklustre week has...
An article published by The World Economic Forum talks about the subject of a new book by Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, and Thierry Malleret, Co-Founder of Monthly Barometer. As business leaders and policymakers...
Ocean research non-profit ProMare and IBM (NYSE:IBM) have announced the completion and launch of the Mayflower Autonomous Ship (MAS) – an AI and solar powered marine research vessel which will traverse oceans gathering vital environmental data, says an article...
The last few years saw the International Maritime Organization (IMO) set goals and regulations to reduce emissions. In January of this year, the IMO’s cap on sulfur used for marine fuels came into effect. This regulation, as well...
Diana Shipping Inc. announces the sale of a panamax dry bulk evssel, the m/v Coronis, reads a press release by the company. MoU to sell dry bulker Diana Shipping Inc. has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement...
Evergreen Marine Corporation (Taiwan) Ltd. has become a signatory to the Ship Recycling Transparency Initiative (SRTI). The main purpose is to share its aged vessels’ green recycling policy. The move is part of Evergreen’s avowed commitment to plan...
Vroon Offshore Services (VOS) plans disposal of three platform-supply vessels (PSV) to right size its PSV fleet, says a press release published on their website.  Fleet right-sizing Vroon Offshore Services (VOS) has decided the disposal of three platform-supply vessels (PSV), with...
The global container ship fleet is estimated at 5,500 ships with a combined capacity to carry up to 23 million 20 feet containers, equivalent to 27 billion cubic feet or the volume of 730 empire state buildings at once. An...
Global leader in sustainable energy solutions, Vestas and world-leading supplier of coating solutions, Hempel are teaming up in a new strategic partnership. The deal is to cooperate around innovative solutions for surface protection of wind turbines. The joint...

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