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Belships Secures Ultramax Time Charter Contracts

Norwegian owner Belships secured time charter contracts for four of its Ultramax bulkers, adding value to the company’s long-term earnings expectations, says a press...

Pride Recovered As Top Shipper, Says President

President Moon Jae-in on Tuesday pledged full support for the nation’s shipping industry. He wants to bolster its competitiveness in the global market...

IFSCA Forms Committee To Construct Pathways For Ship Financing, Leasing

IFSCA has set up committee to develop avenues for ship financing, leasing. The panel, to be chaired by Vandana Aggarwal, former Sr Economic...

CIT Provides Financing For Dry Bulk Fleet

CIT Group announced that its Maritime Finance business is providing funds in financing for a portfolio of seven dry bulk vessels. Dynamic Bulk...

MSC Shows No Sign Of Slowing Down Its Buying Spree

Mediterranean Shipping Company (MSC) added around 60 secondhand vessels over the last 10 months, and now reports show the acquisition of another five boxships,...

Pioneer Marine To Wind Up Shop With Sale Of Fleet

Dry bulk shipowner Pioneer Marine plans to close shop. It has put its whole fleet up for sale. Dry bulk shipowner Pioneer Marine has...

First Freight Train Begins Journey Via North-South Corridor

First container block train to India from Finland runs via Azerbaijan. This is a joint project of Russian Railways, ADY Container LLC and...

Kawasaki Delivers Scrubber Fitted 82,000dwt Bulker

  Kawasaki announced the delivery of 82,000 DWT bulk carrier KN BLOSSOM. The vessel is equipped with an electronically controlled main diesel engine. Kawasaki...

Seaspan Extends Current Lease Terms for 17 Boxships With COSCO

  Seaspan strengthens partnership with COSCO Shipping by forward fixing contracts for 17 vessels.  The new charter terms expected to generate approximately $0.7 billion...

Eastern Pacific Announces Its $522m Worth Deal

Singapore-based Eastern Pacific Shipping (EPS) has placed an order for the construction of up to six dual-fuel car carriers with China Merchants Jinling shipyard,...
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