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Danaos Corporation entered into agreements for 10 of its vessels. The vessels include one 8,500 TEU vessel, three 3,400 TEU vessels and six 2,200 vessels. Danaos Corporation announced that it has entered into new charter agreements for 10 of...
SEACOR Holdings completed its acquisition of the U.S. Shipping Corp (“USSC”). USSC is a privately owned, leading provider of long-haul marine transportation for chemical and petroleum cargoes in the U.S. coastwise trade. SEACOR Holdings Inc. (“SEACOR” or “the Company”)...
ODeX Pay Later Solutions powered by DBS aims to empower over 8,500 SMEs in the shipping industry Industry-first platform-based postpaid lending program; offering an unsecured credit line up to INR 50 lakh Enables ODeX customers to streamline credit...
The Port of Corpus Christi Authority and Howard Midstream Energy Partners, LLC (Howard/HEP) have signed a Memorandum of Understanding (MoU) stating their intention to convert Howard’s Javelina refinery services facility into the region’s first carbon-neutral hydrogen production facility, reports...
  Golden Ocean Group Ltd terminated a joint venture entered into five years ago. Improved market conditions and an expanded fleet have prompted the Bermuda-based dry bulk shipping company for the termination. Improved market conditions and an expanded fleet have...
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, edged up on Tuesday, supported by gains in rates of panamax and smaller vessel segments, reports MarineLink. The overall index, which factors in rates...
MOL announced that it has signed a MoU for a joint study to build a supply chain of renewable energy-derived ammonia (green ammonia). The MOL Group aims at net zero greenhouse gas (GHG) emissions by 2050. Mitsui O.S.K. Lines,...
  Shipping company Taylor Maritime Investments has agreed to acquire seven Japanese-built handysize bulk vessels for a combined $107.8 million, reports Stock Market Wire. Finance from equity proceeds The bulker units are ranging in size from 28,000dwt to 37,000 dwt. The company...
US tanker owner International Seaways has recently sold 12 vessels, as part of its asset optimisation programme, reports Splash 247. Optimisation programme US tanker owner International Seaways has recently sold 12 vessels, as part of its asset optimisation programme, of which...
Techmar Services has acquired a majority stake in Singapore-based offshore oil and gas technical services provider Global 1 IRM, reports Splash 247. The transaction is expected to close at the end of this month. Need for technical service Techmar Services was established...
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