Diana Shipping Inc. has entered into a time charter contract with Tongli Shipping Pte. Ltd., for one of its Post-Panamax dry bulk vessels, says a press release published on their website.
About the charter contract
Diana Shipping Inc. (NYSE: DSX), (the...
Hyundai Samho Heavy Industries Co. has won orders for four LPG carriers worth $328.7 million (KRW 364.4 billion), reports Offshore Energy.
About the order
The orders are spread across two contracts, one with a shipowner from Liberia, and the second one...
Castor Maritime has continued its incredible buying spree with the addition of a secondhand Chinese-built panamax bulker, says a press release published on their website.
About the purchase deal
Castor Maritime Inc., announces that it entered into an agreement, through a...
According to reports DHT Tankers sold 3 of its vintage VLCCs about three weeks back for $28.5m each, reports Splash 247.
Sale details
Sources confirm DHT Holdings’s co-chief executives Trygve Munthe and Svein Moxnes have let go of the ships for...
Shares of South Korean sea carriers and shipbuilders are flying high on expectations for stellar performance this year ahead of their earnings release for the first quarter, reports Pulse News.
Price More Than Doubled
HMM Co., the country’s largest shipper,...
• GoodBulk's first quarter generated $15.4 million EBITDA and $3.1 million of net profit, after $10.2 million depreciation, resulting in earnings per share of $0.10.
• On 2 March 2021 the Board of Directors authorized the payment to Shareholders of...
Costamare Inc. announced the acquisition of York Capital’s 60% equity interest, on average, in five 11,000 TEU containerships.
Four of them were built in 2017 and one of which was built in 2016.
The acquisition brings the Company’s...
The d'Amico Group has announced that Mr Cesare d'Amico, CEO of d'Amico Società di Nav-igazione SpA, the holding company of the Italian ship-owner, has taken over the role of CEO of the Dry Cargo business unit operating a fleet...
Japanese shipbuilder Tsuneishi Shipbuilding will take a 49% stake in Mitsui E&S Shipbuilding, the latest merger in the redrawing of the Japanese shipyard map, reports Splash247.
About The Merger
Tsuneishi will acquire the interest in Mitsui E&S Shipbuilding on October 1.Combined,...
The process of loading and unloading as goods were transferred from one method of transportation to another remained very labor-intensive, time-consuming and costly.
Containers from a ship being transferred onto a smaller rail car, for example, often had...
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