Star Bulk To Capitalise On Scorpio’s Dry Bulk Exit
Star Bulk is the latest company seeking to capitalize on Scorpio Bulkers's exit from dry bulk, taking on seven of its ships, reports Ship&Bunker.
The massive buy
Star Bulk has agreed to buy the SBI Pegasus,...
Pan Ocean Shares To Rise in 2021, Uptrend BDI
Ocean shipping in favor in 2021, shipbuilding in 2022; top pick is Pan Ocean.
Shipbuilding and ocean shipping stocks have been following a similar pattern as in the market upturn of 2017.
The...
Samsung Heavy Wins A $206 M Order
Samsung Heavy Industries Co. wins a 230 billion-won ($206 million) order from an Oceanian company.
Under the deal, two 13,000 twenty-foot equivalent unit (TEU) container carriers will be delivered from the first half...
Guidelines for Floating Structures Issued
Ministry of Ports, Shipping and Waterways has issued the guidelines for floating structures with a vision to set up world-class floating infrastructure all along the coastline in the upcoming projects as per the provisions...
Covid 19 Vaccine Stopped, Less Effective Against New Strain
Drugmaker AstraZeneca is racing to adapt its Covid-19 vaccine in the face of new variants of the virus.
The process has become more urgent after the outcome of a small-scale study.
The study...
Songa Container Announced Sale of Post-Panamax Boxship
Arne Blystad’s Songa Container has announced the sale of 2013-built 4,957 teu post-panamax boxship Songa Toscana, says an article published in splash247.
Valuation
The vessel was sold for $42.3m, far in excess of the $32.7m valuation according...
Experts Warn of Jumping Conclusions As COVID Oxford Vaccine Rollout Halted
According to a BBC report, South Africa has put its rollout of the Oxford-AstraZeneca vaccine on hold after a study showed "disappointing" results against its new Covid variant.
Scientists say the variant accounts for...
Towards Ammonia Fueled Ship Commercialization
Introducing 3 mil mt/year of fuel ammonia by 2030 with cost cut target
Finalizing detailed ammonia procurement plans in next several years: official
Aims to develop 100 mil mt/year fuel ammonia supply networks...
How Ship Safety Onboard Containerships Are Changing
A new class notation from DNV GL attests to special fire detection and firefighting measures implemented on board a containership. The notation was first given to the 23k class MSC FEBE, the winner of...
BIMCO & ICS Release New Biofouling Benchmarks
Cleaning a ship’s submerged parts from barnacles and other growths, while the ship is in the water, can transfer invasive species to local marine environments unless it is properly cleaned and the debris is...