Shipping

Intercargo comments on the main topics discussed at its recent AGM held in London on 1 - 2 October 2018.

In order to meet the growing demand, the Antwerp Port Authority is promoting the expansion of hinterland connections, especially by rail.

The loan facility will be used to finance up to 60% of the fair market value of six ultramax dry bulk vessels.

New semi open hatch vessel Star Majesty has been added to Grieg Star’s fleet.

Ahead of the emissions cap in 2020, Wilhelmsen Ships Service recommends owners and operators address the stability and compatibility issues associated with new low-sulfur, hybrid, and blended fuels head-on, with their test and treat programme.

The maiden shipment will total approximately 5000 dry t and is bound for Chinese-based offtake partner Lionergy.

A recent Drewry survey details how the IMO 2020 low sulfur rule exposes widespread concern about lack of fuel cost transparency.

Seanergy Maritime Holdings Corp. is to acquire one capesize vessel and sell two supramax vessels, which will make it the only US-listed pure play capesize vessel owner.

A proposed amendment to the Eagle Bulk ShipCo bond terms is to see the sales of some vessels (security vessels) help finance scrubbers.

The Argus LSFO 0.5%S price will assess new fuels needing to comply with the International Maritime Organisation’s impending cap on sulfur limits.

Petter Ruda has been appointed as the new Chief Financial Officer of ESL Shipping.

Scorpio Bulkers announces that it is to refinance one of its ultramax vessels with an unaffiliated third party.

Peel Ports Group is giving the public the power to vote on the name of its new pilot boat at Peel Ports Great Yarmouth.

Diana Shipping Inc. completes its previously announced US$100 million private placement of senior unsecured bond offering.

Datum’s Ship Torsion Meters give real time measurements of torque, power, thrust and dynamic torque, which help the ship monitoring system meet the SEEMP requirements.