MITSUI E&S SHIPBUILDING CO., LTD. (MES-S) delivered a 66,000 dwt type bulk carrier to BRONZE MARITIME LTD, on 24th June, 2020 says a press release published on their website.
Shallow draft vessel delivery
MITSUI E&S SHIPBUILDING CO., LTD. (MES-S) completed and...
Danish shipping company Norden has entered into a newbuilding contract with Chinese shipbuilder Nantong Cosco Khi Ship Engineering Co. (NACKS) for four 61,000 dwt dry cargo Ultramax ships, expected to deliver during 2022.
Norden’s CEO Jan Rindbo said that the contract...
In a major development, the Global oil and shipping group Monjasa Ltd on Thursday (2 June) announced that they are following their acquisition of five new tankers last year and is currently renaming and updating the design of 10...
The Ocean Alliance has overtaken the 2M alliance, adding the market share lead on the Asia-Europe tradelane to its already dominant position on the transpacific.
The vessel-sharing alliance of CMA CGM, Cosco (including OOCL) and Evergreen did not...
A recently published article in the Sofrep deals with breaking of decomissioned ship and making it to sink with a torpedo attack.
Ship breaks and sinks
A decomissioned ship breaks apart and sinks following a torpedo attack from the Type 214HN submarine...
According to a Reuters report, the International Labour Organization, ILO announced on Tuesday that the outlook for the global labour market in the second half of 2020 is “highly uncertain” and the forecast recovery will not be enough for...
According to a Strait Times report, Enterprise Singapore (ESG) investment arm Seeds Capital, together with six appointed co-investment partners, will pump a combined $50 million into more than 50 maritime technology start-ups in Singapore.
MPA Supported Co-investment
The co-investment initiative is...
MSC Cruises is looking at a whole range of ship types for carbon reduction and zero-carbon ship design.
MSC has a fleet of both cargo and cruise ships that gives the company unique scope to test various solutions.
...
The author of this article Michael Collins feels that America is at a crossroads. There is a need to stop dealing with China as they hope they would be, and begin dealing with them as they are.
The...
GoodBulk has come to an agreement with its banks to refinance its fleet.
GoodBulk received credit committee approval from its banks for a loan of $200 million.
It will be used to refinance the full amounts outstanding under...
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