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Diana Shipping Reports 2020 Net Loss of $134.2m on Impairment Loss

Diana Shipping Inc., in their website, has reported the financial Results for the fourth quarter of the previous year. Net loss of $7.4 million! The company...

Pancon Line Places New Boxship Order

Pancon Line said the new ship will help the company expand its service offerings in the Southeast Asia market. The vessel will adopt...

Zhonggu Logistics Finalizes 18-ship Newbuilding Plan

Chinese feeder boxship operator Zhonggu Logistics has finalised orders for its recently announced newbuilding program of eighteen 4,600 teu boxships by ordering the last...

Great Eastern Files Bid for State-run Shipping Corporation

The Great Eastern Shipping Company Ltd, India’s biggest ship owner by fleet size, is said to have filed an expression of interest (EoI) to...

US Reveals Hackers’ Role in Evasion of Ship Sanctions

A North Korean computer hacker has been charged in a plot using blockchain to get investors to unknowingly fund North Korean cargo ships...

EuroDry Ltd Announces Year and Quarterly Reports

EuroDry Ltd. reports results for the year and quarter ended December 31, 2020. The operator of drybulk vessels announced today its results for...

Billion Dollars of Unpaid Loans in Shipping Sector

German shipping investment that once helped shape the world’s maritime operations is in retreat. Years of steep losses lead to many of the...

Small UK Distillers Struggle In Shipping Gin And Whisky To EU

According to an article published in Make Xpress, many small UK gin and whisky distillers and suppliers are struggling to ship their merchandise to...

Golden Ocean Announces Its $ 752m Worth Acquisition Deal 

Golden Ocean has entered into a vessel acquisition deal with Fredriksen, says an article published in Splash 247. About the deal Golden Ocean Group has entered...

Elbdeich Reederei Buys Boxship Trio

According to brokers, Elbdeich Reederei bought three sister vessels owned by Wessels Reederei, says an article published in Splash 247. Purchase details Elbdeich has paid €24m...
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