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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....
COSCO SHIPPING designed, developed and built the first domestic dynamic positioning shuttle tanker "Bei Hai Xin Xi Wang" independently and delivered to North Sea Shipping after completion, says an article published in Xinde Marine News. "Bei Hai Xin Xi Wang"...
Greenland has put a halt to its 50-year attempt to become an oil producing nation. This comes after announcing it would stop granting exploration licences and suspend a strategy of searching for oil. A recent news article published in...
China's shipbuilding industry registered strong growth during the first half of the year, official data shows. The industry completed the construction of ships totaling over 20.92 million deadweight tonnes (dwt) from January to June, up 19 percent year...
Mitsui O.S.K. Lines has announced that it will acquire 40% of Methanex Corporation’s subsidiary Waterfront Shipping to expand its involvement in methanol-fueled ships. Methanex, WFS and MOL will establish a strategic partnership to enable Methanex and WFS to...

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