MOL announces integration of Dry Bulk Business and the establishment of “MOL Drybulk Ltd.”, says a press release published on their website.
Name change
Mitsui O.S.K. Lines, Ltd. announced the name of its wholly owned subsidiary Mitsui O.S.K. Kinkai, Ltd. will...
Eagle Bulk Shipping Inc., one of the world’s largest owner-operators within the Supramax/Ultramax drybulk segment, has announced the purchase of an ultramax bulk carrier in their press release.
A $15m purchase!
The high-specification 2017-built SDARI-64 scrubber-fitted Ultramax bulk carrier was purchased...
A number of tankers are being sent for scrap in 2021, with elevated demo rates proving very tempting. Cosco Shipping Energy Transportation recently announced its plans to dispose of 10 elderly tankers as part of its fleet optimisation program.
Cosco...
CMA CGM appears to be set to close its transpacific express container shipping service, after worsening congestion at Los Angeles port impacted delivery guarantees, says an article published in The Load Star.
Launch to New Route
According to Alphaliner, the French...
The largest shareholder of HMM, Korea Development Bank (KDB) is planning to sell off HMM (formerly known as Hyundai Merchant Marine) to POSCO, to privatize HMM by handing over all of its shares to the steelmaker, says an article...
Taiwanese shipping line Wan Hai Lines has announced a plan to order twelve 3,013 teu boxships at the newly founded Nihon Shipyard.
About The Ship
The ships will be built at Japan Marine United (JMU) and the total value of the...
Cosmoship orders up to four boxships at Huangpu Wenchong, says an article published Seatrade Maritime News.
About the deal
The deal, jointly signed by CSSC Huangpu Wenchong Shipbuilding, CSSC China Shipbuilding Trading and the Greek ship owner Cosmoship, consists of firm...
Unilever already has more than 300 factories across the globe, but they are large facilities designed to produce mass quantities.
Sometimes the company needs to make smaller batches of products for items that are in season or when...
Nantong Xiangyu Shipbuilding and Offshore Engineering has secured newbuilding orders for the construction of up to six 79,900 dwt bulk carriers from three domestic owners, says an article published in Splash 247.
About the orders
Ningbo Juhe Logistics, Anhui Chizhou...
Nasdaq-listed dry bulk owner Castor Maritime seals a $15.3m senior term loan facility to aid fleet growth, says a press release published on their website.
About the loan
Castor Maritime seals a $15.3m senior term loan facility with a European financial...
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