Has Fyre Festival Burned Influencers?

An exciting festival happened in the Bahamas with all the who's who of the social media influencers world. It was literary a celebrity party where the organizers spent an enormous amount for promoting their...

EAGLE Secures 208 Million in Scrubber Financing

Eagle Bulk received a 208 million dollars loan commitment at LIBOR interest rate. The loan approved by a consortium of banks including DNB Bank ASA, Credit Agricole Corporate etc. will be closed by...

Cruise Like a Rock Star Aboard an Adult Only Ship

According to CNN, the words "cruise holiday" and "rock star" have been combined together to build Virgin Voyages' first ship, the adults-only Scarlet Lady. Adults-only Scarlet Lady The Richard Branson-backed cruise line recently released a rendering of the...

Three Key Ship Types to Watch in 2019

Three major ship types to be closely watched in 2019 - Capesizes, Large LNG carriers, and Medium range (MR1) tankers The volatile dry bulk sector offers high returns but also exposes owners to high...

‘Tipping point’ Risk for Arctic Hotspot

A rapid climate shift under way in the Barents Sea could spread to other Arctic regions, scientists warn says, Roger Harrabin for BBC. Changes overlooked? The Barents Sea is said to be at a tipping point,...

Hamburg Süd Sells Bulker Arm to China

A subsidiary of the Swire Group will acquire the bulk shipping business of  German shipping company Hamburg Süd. Hamburg Süd’s bulk shipping brand Rudolf A.Oetker Tankers business unit is not included in the...

German WW1 Submarine Emerges Off French Coast

The remains of the UC-61 which was stranded near Calais in July 1917 are being exposed by shifting sand off Wissant Since December, two sections of the submarine have been visible at low...

Another Dutch Ship Owner Fined For Having Beached Vessel

EU-flagged ships must be recycled only in safe facilities included in the European List of ship recycling facilities Dutch ship owner Holland Maas Scheepvaart Beheer II BV has been fined 780.000 EUR for...

LNG Bunker That Puts Jaxport On World Map

The Taino and El Coqui first-of-their-kind vessels that use LNG as fuel, fueled at Jaxport by an Eagle LNG bunkering facility. The Taino can travel to Puerto Rico in 55 hours, less than...

Eagle Acquires a Modern Ultramax, Sells Two 18-Year Old Supramaxes

In a recent development, Eagle Bulk Shipping Inc. has announced today that they have purchased a high-specification 2015-built SDARI-64 Ultramax bulk carrier for a purchase price of USD 20.4 million, says a press release...