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Wan Hai Lines is expanding its Asia – America network by launching a new weekly service. The new service Wan Hai Lines is expanding its Asia – America network by launching a new weekly service between Asia and the East Coast...
JOVO Group has signed the contract for the purchase and construction of LPG carriers, reports Xindemarinenews. About the contract According to an announcement from JOVO, the group’s overseas wholly-owned subsidiary Advancer Shipping signed a contract with China Shipbuilding Trading and Jiangnan...
Ocean Infinity has purchased the UK-based maritime services company, Ambrey, says a press release pubkished on theur website. Services offered  Range of Ambrey’s bespoke offshore services include security, crisis and risk management, intelligence, insurance, fleet operation, and vessel design and build. Ocean...
Nova Marine Carriers and Aug. Bolten establish a new German-based asset holding company to own and operate geared bulkers Nova Marine’s vessels and cargo coverage will enhance the size and the quality of the handysize drybulk pool The...
Exporters have urged domestic ship owners to study the possibility of operating within the region. Last week, Philexport reported on the difficulties encountered by food exporter. Exporters have urged domestic ship owners to study the possibility of operating within...
EPS scrambling to order container ships in New Times Shipbuilding. Six 7,000 TEU containerships, with a total value of $420 million.  EPS holds orders for 50 ships with an estimated 6.54 million dwt. EPS orders six 7000TEU container ships...
Newport Maritime Services (NMS) has partnered with Helsinki-based Norsepower, as an exclusive wind technology supplier for its NMS platform, says a blog article published on their website. Solutions to cut emission  The current demands on the industry to cut its emission...
Diana Shipping Inc. inks time charter contracts for m/v P. S. Palios with Olam and m/v Maia with Viterra, says a press release published on their website. Time charter contract Contract with Olam Diana Shipping Inc. announced that through a separate...
Euronav sold its oldest ship, the 2002-built suezmax Filikon for $16.3m, says a press release published on their website. Capital gain on sale A capital gain on the sale of approximately $9.3m will be recorded in the current quarter. Though the...
Castor Maritime stock began May costing just under $0.50 per share. By the time the month was done, each Castor Maritime share was selling for $3.05 per share. A sixfold increase in share price in just one month? That...
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