Safe Bulkers Announces Charter Deal With Purchase Option

Safe Bulkers, Inc, in relation to its fleet renewal strategy, has entered into a twelve-month bareboat charter agreement, with Capesize says a press release published on their website. Scheduled delivery  With a down payment by the...

Yangzijiang Inks Deal Worth $1.58 Billion

China’s shipbuilder Yangzijiang Shipbuilding has secured contracts for up to 17 new buildings from Seaspan Corporation worth $1.58 billion in total, says an article published in Offshore Energy. New Orders The shipyard received orders for 10...

AMERICAS BUNKERS: Key Market Indicators Aug 2-6

Spot bunker pricing in the Americas registered a second consecutive week of increases with the aid of stable to heightened demand and bullish global oil prices. ICE Brent crude futures moved up 2.3% from...

Bibby Marine Bags Three-Year Contract With TotalEnergies

UK marine asset provider Bibby Marine has won a three-year contract with the Dutch unit of TotalEnergies for its 2017-built walk-to-work (W2W) vessel, says an article published in Splash 247. About the contract The charter encompasses...

Euroseas Announces New Long-term Charter Contract

Euroseas has sealed a new time charter contract for 2007-built 1,740 teu boxship EM Spetses, says a press release published on their website. About the time charter The charter is scheduled to commence this week, and...

Armed Men Hijack Tanker Off UAE Coast

According to Lloyds List Maritime Intelligence, a Panama-flagged ship has been hijacked by armed men in the Gulf of Oman and ordered to sail to Iran, reports BBC. What happened? Reports said that armed gang stormed...

Carnegie Mooring Tensioner for Wave Energy Converters

Carnegie Clean Energy has made progress with the development of a novel mooring tensioner, a key component expected to support the use of rotary power take-off systems and contribute to the associated cost reductions...

Maersk’s Digital Platform Strengthens Its Presence in Poland

Increased appetite for digital solutions tailored for small and medium-sized businesses has sparked steady growth of Twill, Maersk’s digital logistics platform launched in 2017.  Four years and 5 000 customers later, Twill is expanding its...

New Zealand Puts Seafarer Welfare Funding Into Law

New Zealand updated legislation to enable maritime levies on vessels visiting its ports to help fund seafarer welfare services, says an article published on safety4sea website. Aim This move aims to improve welfare support in ports...

FuelEU Maritime, EU ETS & Bunker Tax Proposals Raise Concerns

  IBIA has studied the European Commission’s “Fit for 55” package of proposals in a bid to understand the various aspects and the impact they may have on the marine fuels sector, and created a...