February 21st, 2020 Grant Rowles Dry Cargo, Europe 0 comments Greek dry bulk owner Diana Shipping has entered into a time charter contract with Koch Shipping in Singapore for 2006-built panamax bulker Coronis. The charter commenced yesterday for a period of 9-10 months at a rate of $8,000 per day. The vessel was previously on […]
February 21st, 2020 Jason Jiang Containers, Europe 0 comments Danish ship investment firm Navigare Capital Partners has acquired a 13,800 teu mega containership as it continues to expand its boxship fleet. VesselsValue data shows Navigare has brought in the 2014-built Thalassa Pistis from Greek owner Nikolas Lemos-led Enesel for an undisclosed price. The vessel is […]
February 21st, 2020 Jason Jiang Europe, Offshore 0 comments Siemens has been awarded a contract by Arabian Drilling Company to modernise a complete and integrated drilling-drives lineup, including auxiliaries and controls, that will be installed on an offshore jackup drilling rig for a customer in the Middle East. The contract includes engineering, design, manufacturing, and […]
February 21st, 2020 Jason Jiang Asia, Offshore 0 comments Malaysia’s Yinson Holdings has received a letter of intent (LOI) from Aker Energy for the provision of a floating production, storage and offloading vessel (FPSO) for the Pecan development project offshore Ghana. According to Yinson Holdings, its affiliate companies Yinson Production West Africa Ltd, Yinson Gazania […]
February 20th, 2020 Jason Jiang Americas, Europe, Ports and Logistics 0 comments A.P. Moller – Maersk is making good on its intentions to bolster its warehousing capabilities, announcing yesterday a $545m acquisition of California-based Performance Team, a company with 24 facilities across America. “With this acquisition we invest in premium operational capabilities to significantly boost […]
February 20th, 2020 Sam Chambers Asia, Dry Cargo, Europe 0 comments Star Bulk has revealed it has moved its Geneva-based commercial activities to a newly established wholly owned subsidiary based in Singapore under the name of Star Bulk (Singapore). The announcement came during an earnings report from the New York-listed company during which the company’s […]
February 20th, 2020 Sam Chambers Dry Cargo, Europe 0 comments Peter Livanos’s DryLog has made his second company buyout in just two months. The dry bulk firm has moved to buy freight trader ED&F Man Shipping, a company with around 35 geared bulk carriers on time charter. Two months ago low profile DryLog revealed it […]
February 19th, 2020 Sam Chambers Environment, Europe, Regulatory 0 comments The International Maritime Organization has failed to clean up shipping’s carbon footprint so the European Union ought to take the lead, a new coalition of protestors have said at a noisy protest outside the European Parliament in Brussels today. Politicians in Brussels are due to […]
February 19th, 2020 Splash 24/7 Containers, Contributions, Greater China 0 comments In the second part of his analysis, Dr Adam Kent, managing director, MSI examines the risks to the container market posed by the virus. The impact of the coronavirus on the Chinese economy has already been severe and the scenarios for shipping range from […]
February 19th, 2020 Sam Chambers Americas, Ports and Logistics 0 comments Supply chains are coming under huge pressure in Canada after close to three weeks of demonstrations led by a local tribe fighting a proposed pipeline. While some of the country is slowly getting back to normal, operations at ports and rail lines in Quebec […]
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