Diana Shipping Announces Sale of Two Panamax Dry Bulk Vessels
Diana shipping has signed MoA to sell to two affiliated parties, the m/v Danae and m/v Dione, each a 2001-built dry bulk vessels...
Wilhelmsen to Re-enter the Crude Tanker Segment After a Decade
WSM re-enters crude tanker market after it quit 10 years back.
Currently, market is better regulated on the competence side.
The step back...
Fast ferries: Why Boom Times Are Here To Stay?
The passenger ship industry is facing a surge in newbuilds after suffering a setback in recent years.
It is further strengthened and cushioned...
Panama Ports Growth Slows to 1.7% Despite 7m teu Mark in 2018
Panamanian ports cargo volume touched 7.01m teu in 2018, but only a slight growth of 1.7% compared to 6.89 teu in 2017.
MIT-Panama...
Savannah Looks to Double Space for Largest Boxships by 2024
The world of maritime shipping is up for major changes as we gear up for the IMO 2020 deadline. While Georgia lays out the...
Capesize Rates Retreat on Weak Fundamentals
China’s economic slowdown and the softening Panamax market weakened freight rates this week.
Capesize 5 time charter average recorded at $14,608, down $998...
Weekly Maritime Security Report – Week 5, 2019
The Weekly maritime security report for the 5th week of this year has been published by the Protection Vessels International. The report dated 5th...
Free Self-Assessment Tool for Container Ship Operators
Free Self-Assessment tool launched to understand how much idle port time affects bunkering consumption.
The Port Call Calculator is part of a range...
ABS Grants AIP to Dalian LNG-Fueled Bulker and Ore Carrier
ABS and DSIC collaborate on LNG as fuel innovation.
DSIC’s designs include a 208,000 dwt bulk carrier and a concept 260,000 dwt Very...
Navios Reports Financial Results for the Fourth Quarter Ending in December
Revenue
$133.9 million for 2018; $34.4 million for Q4 2018
Cash from operating activities
$47.5 million for 2018; $9.6 million for Q4 2018
Adjusted EBITDA
$69.3...
