Eagle Bulk Fourth Quarter of 2018, Attained a TCE of $12,407
Recently, Eagle Bulk Shipping Inc. one of the world's largest owner-operators in the Supramax / Ultramax segment, released their 3-9 months financial results report which ended on September 30, 2018.
Highlights of the Report
Generated...
Suardiaz Introduces Spain’s Second LNG Bunker Vessel
Madrid-based Suardiaz Energy Shipping has taken delivery of Bunker Breeze, a 5,250-dwt multi-fuel bunker vessel, from the Zamakona shipyard in Bilbao, says a news article.
LNG bunker vessels deliverability
Bunker Breeze is Spain’s second LNG...
SFL – $400m Lease Financing for 4 x 14,000 TEU container vessels
On November 6, Ship Finance International Limited announced that it has entered into lease financing agreements totaling $400 million with an Asian-based institution to finance four 14,000 TEU container vessels acquired in May 2018.
Long-term...
Six of Matson’s “Core Vessels” will be Scrubber Ready
Matson Inc., reported net income of $41.6 million, compared with $34.6 million in the third quarter of 2017.
Revenue in the third quarter this year was $589.4 million compared with $543.9 million reported...
China to Supply LSFO Bunker from Aug 2019
A Platts report by Su Ling Teo says that the Chinese oil giant Sinopec is currently in talks with end-users to supply low sulfur bunker fuel compliant with IMO 2020 standards at domestic ports.
How...
London P&I Club Issues Guide to ECDIS Management
The London P&I Club has joined forces with London Offshore Consultants (LOC) to produce a guide to the proper management of ECDIS (Electronic Chart Display and Information System) on board ships.
Common failings identified
The driving...
37 Scrubbers for Eagle Bulk Vessels Gets Bond Holders Approval
Eagle Bulk saw a majority of investors vote to approve amendments to the Eagle Bulk ShipCo bond terms to finance more scrubber retrofits.
Namely, the company informed that the holders of the USD 200 million...
Outdated Ballast Water Management Plan Results in Severe Penalty
Californian authorities have issued a US$280,000 fine against the owner of a vessel deemed to be in contravention of state legislation when conducting de-ballasting operations.
Contravention of State legislation
The crew conducted de-ballasting operations en-route to...
Containers Crashed on Bunker Tanker from MAERSK Vessel
On November 6, three containers fell from Maersk container ship and crashed on a bunker tanker docked at Panama city.
What happened?
Three containers fell from container ship 'Charlotte Maersk' docked at Panama city, two containers crashed...
[Watch] Moment Angus Rescuers Came Across Empty ‘Ghost Ship’
An Angus RNLI team was called out after an empty lifeboat was spotted drifting at sea on Halloween.
Disclaimer: This video is intended for informational purpose only. This may not be construed as a news...