Diana Sells Panamax Dry Bulk Vessel for $7.45 Million

Diana Shipping signs agreement to sell Alcyon by January 7, 2019 at US$7.45 million. The new time charter rate is US$8,550 per day...

IMO 2020: Bunker Flow Rate Increases But Port Call Lengthens

A technology expert has issued a warning that ports need to be prepared for longer ship waiting times and to invest in new infrastructure...

Six New Tugs of Master Marine

Master Marine is building six new tugs of 67’x28′, says Ken Hocke in his article for WorkBoat. What is in the contract? Master Marine Inc. has...

Pirates Fire on LNG Carrier

On November 6, an LNG tanker was attacked by pirates who proceeded to chase and fire at the tanker. What happened? The LNG tanker was proceeding...

TOTE and MAN Celebrate ME-GI Milestone

On the third in-service anniversary of MAN Energy Solutions’ ME-GI dual-fuel, two-stroke marine engine, US ship owner and pioneering engine user Tote Inc reflects...

[Watch] 122 Year Old British Shipwreck Found

Archaeologists have uncovered the buried remains of a British ship that ran aground on a beach in Brazil after typhoon winds destroyed it more...

How Artificial Intelligence and Lasers Could Make the Seas Safer

Companies are making heavy investments in autonomous robots to study uncharted shallow waters. Bathymetric LiDAR by Quantum Spatial, penetrates the water and...

Marine Fuel Limits to Renew Quality Premiums: Par

"Tougher global marine fuel requirements could shift refinery crude buying back to quality concerns instead of logistical advantages", Par Petroleum chief executive Joseph Israel...

Diana Announces the Sale of a Panamax Dry Bulk Vessel

Diane Shipping Inc to sell vessel “Triton” for a whopping US$7.35 million. Combined carrying capacity of their fleet, including the Triton remains 5.8...

Topaz Signs Long-Term Charter With Reach

According to a report published by EP Magazine, Topaz Energy and Marine has recently signed a long-term agreement with Reach Subsea. The agreement signed...