Category: Hoortash Iranian

Hoortash Iranian
28 Feb by

Pioneer Marine appoints new CEO as Janholt retires

February 28th, 2020 Jason Jiang Dry Cargo, Europe 0 comments Greek dry bulk operator Pioneer Marine’s CEO Torben Janholt will step down from his position and retire, with current COO Dimitrios Papoulis named as his replacement. “I would like to announce that my journey with Pioneer has come to an end and effective February 28, 2020 […]
Hoortash Iranian
28 Feb by

Cape sales withdrawn from the market

February 28th, 2020 Hans Thaulow Dry Cargo 0 comments While the cape sector might have picked itself off the floor in terms of spot earnings this week, it remains in a troubled state with many ships fixing, failing and being resold at lower levels while scrap yards have had an above average feast of vintage […]
Hoortash Iranian
28 Feb by

Diana Shipping finds new deal for Norfolk capesize

February 28th, 2020 Grant Rowles Dry Cargo, Europe 0 comments Greek dry bulk owner Diana Shipping has signed a new agreement to sell 2002-built capesize Norfolk. The price of the deal is $8.75m, lower than the $9.35m sale agreed last month which fell through last week after Diana received a notice of cancellation. MSI still […]
Hoortash Iranian
27 Feb by

Coronavirus spurs China Shipowners Association to seek lifting of the sulphur cap

February 27th, 2020 Jason Jiang Environment, Greater China, Operations, Regulatory 0 comments The China Shipowners Association (CSA) has called for a suspension of the International Maritime Organization’s (IMO) global sulphur cap in local waters as the country’s shipping and logistics supply chain struggles to cope amid the outbreak of coronavirus. In a letter sent by […]
Hoortash Iranian
27 Feb by

France, Portugal, Spain and Gibraltar latest to impose restrictions on the use of open-loop scrubbers

February 27th, 2020 Sam Chambers Environment, Europe, Operations, Regulatory 0 comments Restrictions on the use of open-loop scrubbers are spreading across Europe with the Standard Club reporting France, Spain, Portugal and Gibraltar have all initiated their own rules on the use of the controversial technology. “[M]embers with open-loop (or hybrid) scrubbers installed on their ships […]
Hoortash Iranian
27 Feb by

Polaris Shipping VLOC runs aground off Brazil

February 27th, 2020 Grant Rowles Americas, Asia, Dry Cargo, Operations 1 comments 2016-built VLOC Stellar Banner, owned by South Korea’s Polaris Shipping, has run aground off the Brazilian coast after leaving Vale’s Ponta da Madeira Maritime Terminal in the state of Maranhao. Brazilian miner Vale confirmed the incident, revealing that the crew of 20 were […]
Hoortash Iranian
26 Feb by

Coronavirus creates record amount of idled tonnage

February 26th, 2020 Sam Chambers Containers, Greater China 0 comments The coronavirus has set a new record for the amount of inactive container tonnage around the world, smashing the huge volumes of idled boxships seen at anchorages in the wake of the global financial crisis or in the months after the collapse of Hanjin Shipping […]
Hoortash Iranian
26 Feb by

Chinese steel stockpiles hit new highs

February 26th, 2020 Jason Jiang Greater China 0 comments Whatever the cargo, China’s ports are getting clogged up thanks to the coronavirus. Splash reported today on the huge number of containers stuck at Chinese terminals. On the dry bulk front, the country’s steel stockpiles have also hit record highs with inventories more than doubling since […]
Hoortash Iranian
26 Feb by

Splash Extra: Rapid fuel price spread drop catches industry by surprise

February 26th, 2020 Splash 24/7 Bunkering, Environment, Operations 0 comments There is an inevitable coronavirus theme to the February issue of Splash Extra with all the main shipping markets coming in for a special health check-up in the wake of the huge impact the Wuhan-originated illness has had on global supply chains. The lead story […]
Hoortash Iranian
25 Feb by

Weekly report details growing number of shipping companies targeted by malware attacks

February 25th, 2020 Sam Chambers Operations, Tech 0 comments Cyber consultants Red Sky Alliance with maritime security specialists Dryad Global have started publishing a weekly list of names of ships appearing in malicious emails with hackers increasingly targeting this niche with malware or phishing links. Red Sky Alliance has been carrying out weekly queries of […]

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