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Seaspan Corporation, a wholly-owned subsidiary of Atlas Corp., has entered into an agreement to acquire two young, high-quality 15,000 TEU scrubber-fitted containerships on a long-term charter with a long-standing global liner customer, reads the company press release. Emission reduction vessels The...
UAE’s Transworld Group announced the acquisition of 2011-built handy bulker Asahi Maru from Japanese owner Yokoyama Kaiun, says an article published in Splash 247. Acquisition details Vessel name & value  The Japanese-built 47,100 dwt vessel has been renamed TBC Passion. No price...
The Baltic Exchange's main sea freight index gained on Tuesday, reports Yahoo Finance. Baltic index gain The Baltic Exchange's main sea freight index gained on Tuesday, snapping a four-session run of losses, helped by stronger rates in the capesize and panamax...
Each VLCC raised about $30 mln. Bunker barges sold at $2 mln to $3 mln. Greek ship owners among buyers. About one-third of the roughly 150 ships owned by companies controlled by Singapore tycoon Lim Oon Kuin and his...
In an effort to accelerate the development of a green and low-carbon circular economy and hit peak carbon emissions at around 2030 and carbon neutrality by 2060, State Council of the People's Republic of China issued a guideline for...
Mediterranean Shipping Co (MSC) shows no sign of slowing down its hunger for secondhand tonnage with brokers this week linking the line to another acquisition, reports splash 247. Two Other Boxships to MSC Clarkson is reporting that MSC has paid around...
Denmark’s Torm is buying eight Croatian-built MR tankers from Team Tankers, paying for the ships with $82.5m in cash and the issuance of 5.97m shares and the transaction takes the Torm fleet to 83 vessels, says an article published...
Belships has entered into letters of intent for the acquisition of two 61,000 dwt ultramax vessels, says a press release published on their website. About the vessels The vessels are currently under construction at a Chinese yard and are expected to...
The Baltic Briefing has released a report about the dry bulk market for the 8th week of shipping activities of this year. The report dated 26th February highlights the dry bulk market conditions at the on-sight of the 8th...
Switzerland replaced the Netherlands at the top of UNCTAD's Business-to-Consumer E-commerce Index 2020, which ranks 152 countries on their readiness to engage in online commerce, says an article published in UNCTAD. About The E-Commerce Index Europe remains by far the most...
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