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Diana – Viterra Inks Time Charter Contract

Diana Shipping Inc. has entered into a time charter contract with Viterra Chartering B.V., Rotterdam, says a press release published on their website. Time charter...

Eurotankers Expands Its Fleet With VLCC Acquisition

Eurotankers acquired the 2009-built VLCC Athenian Victory. The price reported around $42.5m. Eurotankers fleet grew to 13 vessels made up of three handy...

MPC Container Ships Announces $210m Acquisition Deal

MPC Container Ships ASA entered into a share purchase agreement to acquire Songa Container AS for an aggregate purchase price of USD 210.25 million...

Keppel and Sembcorp Marine Enter into a Non-binding MOU

Keppel O&M’s legacy rigs and associated receivables will be sold to a separate Asset Co that would be majority owned by external investors,...

CNOOC To Invest in FPSO Construction

CNOOC Energy Technology & Services has decided to build a 100,000DWT FPSO to meet the production needs of Lufeng 12-3 oilfield, reports Xinde Marine...

MOL Group Announces New JV With NCC

Mitsui O.S.K. Lines, Ltd. announced that MOL, Nippon Concept Corporation (NCC), and MOL Logistics Co., Ltd. (MLG) have decided to jointly establish MOL Logistics...

Yangzi Xinfu’s First LNG Ready 325,000 dwt VLOC Christened & Delivered

Yangzi Xinfu Shipbuilding's first 325,000DWT VLOC for BoComm Leasing and KMARIN, was christened and delivered and left the factory for its maiden voyage, reports...

Globus Maritime Announces Delivery & New Charter Of Kamsarmax Dry Bulker

Globus Maritime Limited announced that it has taken delivery of the M/V “Diamond Globe”, a 2018-built “Eco” Kamsarmax dry bulk carrier, says an article...

Why Should You Avoid Cargo Cults In Corporate Innovation?

Young companies are always seeking out new and forward-thinking ways to find product market fit, startups are defined by innovation and experimentation. For...

How Do Rogue Waves Change the Course of the Shipping Industry?

  Stephen Wunker, for Forbes, explains what are rogue waves and how they drive the shipping business. Rogue waves On the high seas, 64% of ship sinkings...
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