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Eagle Bulk Shipping Inc. announces the acquisition of two modern scrubber-fitted ultramax bulk carriers, says a press release published on their website. Scrubber fitted vessels Eagle Bulk Shipping Inc., it’s purchase of two modern high-specification SDARI-64 scrubber-fitted Ultramax bulk carriers.  This follows...
US-listed Genco Shipping & Trading is offloading seven handysizes, says an article publish in splash247. What Happened UK-based Tufton Oceanic is linked to six of the seven ships, according to Allied Shipbroking. The nine- and ten-year-old 34,400 dwt vessels Baltic Fox, Baltic...
Increased scrutiny on Alibaba has hit other tech giants. China’s internet moguls are still $187 billion richer in 2020. Ma was poised to regain the title of Asia's wealthiest person when the probe struck. Jack Ma’s net worth has...
Beibu Gulf Port in south China's Guangxi Zhuang Autonomous Region saw its annual container throughput surpass 5 million twenty-foot equivalent units (TEUs) for the first time, reports Xinhuahet News. Robust container throughput Over the past five years, the port has witnessed...
Covid-19 pandemic forced cruise lines to delay ship launches, cancel sailings and cut costs. Cruise shipping is going through a period of recuperation. Industry stays positive saying “We will meet again – at Cruise Ship Interiors Expo and...
THE Alliance have adjusted their current network to offer customers greater capacity on trade lanes for which there is greater demand, says an article published in SeaNews. Competitive transit times The setup of THE Alliance’s network has been evaluated and...
Norwegian owner Ocean Yield has announced the sale of its 2018-built 39,800 dwt handy bulker, reports Splash247. Vessel under long term charter  The vessel, La Loirais, has been employed on a long-term charter to Louis Dreyfus Armateurs, who declared an option...
Chinese leasing house Bank of Communications Financial Leasing (Bocomm Leasing) has entered into shipbuilding contracts with CSSC-affiliated China Shipbuilding Trading, Jiangnan Shipyard and Hudong Zhonghua Shipbuilding for the construction of four 24,000 teu mega boxships, reports Splash247. Strategic agreement Under the...
Diana Shipping Inc., has signed a time charter for its capesize dry bulk vessel, reads a press release by the company. Time charter for capesize bulker The company announced that, through a separate wholly-owned subsidiary, it has entered into a time...
Ship & Bunker, with the data from online maritime intelligence and information service VesselValue.com, has listed out the vessels put up for demolition in a recently published article. The below table is the most recent changes in the world fleet...
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