Transworld Expands Fleet With d’Amico Handy Purchase
Transworld Group has bought 36,699 dwt bulk carrier from Italy’s d’Amico Dry for $15.9m.
The ship – its third bulker purchase this year...
ESL Shipping To Build 6 Electric Hybrid Vessels
The 5,350 dwt coasters will be built at Chowgule and Company Private Limited shipyard in India and are scheduled to enter service starting...
NYK Agrees To Invest In AIC
NYK has agreed to invest in Australian Integrated Carbon (AIC).
After the completion of approval by the relevant authorities, NYK will jointly invest...
EGPN Bulk Carrier Gets In VLCC Trade With Its Confirmed Deals
EGPN Bulk Carrier is reported entering the VLCC trades.
It has confirmed its third secondhand deal this year and its fourth ship deal...
Dry Bulk in Trouble As Evergrande Shares Collapse
Fears of contagion from the possible collapse of Chinese real estate giant Evergrande sent mining stocks in Australia and shipping shares plunging in Hong...
Diana Shipping Announces Time Charter With ASL
Diana Shipping Inc., through a separate wholly-owned subsidiary, has entered into a time charter contract with ASL Bulk Shipping HK Limited, for one of...
Crowley Appoints Messina VP Mergers & Acquisitions
Crowley Maritime Corporation, in their press release, announced the appointment of Massimo Messina as vice president, mergers and acquisitions (M&A).
Messina to lead Crowley’s corporate...
Lucrative East-west Tradelanes Affects Secondary Services
Ocean carriers are continuing to redeploy tonnage onto more lucrative east-west tradelanes, leaving shippers on lower-paying routes without a regular liner service.
The...
Capesize Charter Rates Hit Record Highs Amid Typhoon Disruptions
Supply disruptions intensify due to adverse weather, COVID-19 protocols
Pacific market at decade-high freight levels
Capesize time charter and voyage freight rates hit a...
Brittany Ferries and CMA CGM in Passenger & Freight Transport
Letter of Intent for an investment to support Brittany Ferries’ post-Covid-19 recovery.
Commercial partnership unlocking synergies in freight transport across the Channel and...