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Korea Shipbuilding and Offshore Engineering (KSOE) bagged an order for the construction of two crude oil carriers, says an article published in Ship Technology. About the contract As per the agreement, KSOE’s unit Hyundai Samho Heavy Industries (HSHI) will be responsible...
The Shandong Provincial People’s Government-owned Shandong Shipping Corporation has taken delivery of the first of eight 50,000-dwt MR tankers from Jiangsu New Times Shipbuilding and signed a letter of intent for the construction of 10 more, reports Riviera Maritime...
Three companies are making strides in the automated fulfillment landscape, providing a glimpse into the future of retail. One of the first things that strike you when you enter eGold’s fulfillment center in the port city of Ashdod,...
Tsuneishi dual-fuel Kamsarmax bulk carrier gets LR AiP. The Kamsarmax vessel is equipped with a fuel gas supply system (FGSS) and IMO Type-C LNG tank. The vessel can significantly reduce sulphur oxides, nitrogen oxides, and carbon dioxide in...
Genco Shipping & Trading Limited announced that it has entered into an agreement to acquire a 2016-built 64,000 dwt Ultramax vessel constructed at Zhejiang Yangfan shipyard in China. The vessel, to be renamed Genco Enterprise, is expected to...
Capital Product Partners has agreed new long-term time charters with MSC for 8,266 teu boxship pair Agamemnon and Archimidis, reports Splash247. About the Charter The 2007-built Agamemnon will commence the new charter in the third quarter of 2019, upon completion of scrubber installation and passing of...
One of Chinese yard Hantong’s most loyal overseas customers is back for more bulk carriers, reports Splash247. About the Order Japanese owner Nisshin Shipping has placed an order at Jiangsu Hantong Ship Heavy Industry for ten 82,000 dwt bulk carriers.The newbuildings will...
Eurazeo is delighted to announce the launch of the Sustainable Maritime Infrastructure Thematic Fund (the Fund). The fund will finance more environmentally friendly infrastructure and technologies in the maritime sector that support the transition to a low carbon...
Castor Maritime Inc., announces that it acquires a 2015 Chinese-built Kamsarmax dry bulk carrier from an unaffiliated third-party for a purchase price of $23.5 million. It entered through a separate wholly-owned subsidiary, into an agreement for the purchase.According...
Container shipping rises first and highest, then dry bulk, then product tankers, then crude tankers. That’s the emerging consensus on how a post-COVID global recovery will play out in ocean shipping. Phase one — containers — is now in...
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