Shipping

DryShips Inc. declares its financial and operating results for the third quarter of 2018.

Frank Grone, Frachtcontor Director, told delegates at the annual conference of the Association of Bulk Terminal Operators last week that growth looks positive for the sector but warned of the challenges of the US-China trade war and the impending global sulfur cap.

Diana Shipping has completed the redemption of all of its outstanding 8.50% Senior Notes due 2020.

Belships’ operating income in 3Q18 was US$8.3 million; its operating result amounted to US$1.8 million.

The contract contains the provision of the environmental-friendly fuel for the handysize bulk carriers Haaga and Viikki

This award recognises the important contribution of a Quebec-based company that has demonstrated exceptional trade performance with Belgium during the past year.

The Erna Oldendorff vessel has now moved to the Yanai anchorage in Japan. The Japanese Coast Guard has started a full investigation to the cause of the incident.

Global agribusinesses are using digital technologies to reduce resource and time-intensive processes associated with the global agricultural commodity value chain.

The new partnership places CMA CGM as a long-term strategic partner through a reinforced industrial project.

MOL chooses NAPA’s performance monitoring and analysis solution for 80 of its time-chartered bulk carriers.

The IMO’s initial strategy to reduce greenhouse gases moves forward with the approval of a programme of follow-up actions.

The acquisition has been funded by cash on-hand and new debt equating to US$12.8 million.

Star Bulk Carriers Corp. announces the termination of the debt restructuring restrictions, and has refinanced existing loans with new debt financing totalling over US$625 million.

Yesterday, Diana Shipping extended its present time charter contract with Uniper Global Commodities for one of its post-panamax dry bulk vessels.

The pig iron was shipped from Rio de Janeiro by the Yuanping Sea bulk carrier, and departed for Rotterdam on 3 October.