Scorpio Bulkers Inc. entered into agreements to sell two Kamsarmax vessels for $48 million.
It also provided an update to Time Charter Equivalent (“TCE”) rates for the first quarter of 2019.
The Company entered into agreements with unaffiliated third parties...
The Ocean Alliance has announced plans to cancel 10 transpacific sailings in March and April.
This move will result in some 74,000 teu culled from US west coast services and more than 35,000 teu from those destined for...
In a major development, Taiwan’s Yang Ming Marine Transport Corp has launched two new 14,000-TEU containerships at Japan’s Imabari Shipyard on Wednesday, reports Seatrade Maritime's Asian Correspondent Lee Hong Liang.
About the New Vessels
The two new containerships, YM Warranty, and YM...
HIGHLIGHTS
Operating income of USD 36.8 m (Q4 2017: USD 42.3 m)
EBITDA of USD 5.8 m (USD 8.6 m)
Net result of USD 14.2 m (USD 16.0 m)
USD 30 million fixed charter backlog
Efficient utilization of ships...
Inmarsat provided connectivity through Fleet Xpress for Lindblad Expeditions ships.
The expedition ship is designed to explore the coastal waters, shallow coves and fast-moving channels where wildlife congregates.
High data speed of Ka-band and continuous L-band back-up and...
The global Panamax dry bulk vessel index has surged more than 60% over the past month – reaching a six-week high – due to renewed vessel demand following the Chinese New Year holidays, says an article published in Montel...
According to Trade and Industry data, Japan sold 2.32 million barrels of bonded bunker fuel in December 2018, down 18.6% from November and 8.9% from December 2017, reports Platts.
The Sales Update
Bonded bunker fuel sales were up 8.18% from...
LNG bunkering is now becoming routine in many areas. Espoo, Finland headquartered Gasum carried out its 100th LNG bunkering on February 21, reports the Marinelog.
The 100th LNG Bunkering
LNG bunker vessel Coralius, made its milestone 100th bunkering on February 21.
Coralius...
The Baltic Briefing has released Bulk carrier maritime activity report for the 9th week of this year. The report formulated on 1st March 2019 highlights the situation in the bulk carrier market including trading activities, freight rates, and charter...
In a recent development, NYK has announced that they have concluded a long-term contract with Mitsubishi Paper Mills Limited for a new wood-chip carrier to be built by Oshima Shipbuilding Co. Ltd. which would have a capacity of lifting...
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