Shipping

Oldendorff Carriers signed a 25 year agreement with NS2PC and will do the ocean transportation of the coal, as well as the transhipment and delivery to Nghi Son.

Diana Shipping Inc. has entered into a time charter contract with Pacific Bulk for the capesize dry bulk vessel, m/v Semirio.

CMA CGM, the French shipping company, has said that its services may ‘undergo some adjustments’ as a result of typhoons affecting Asia, in particular China.

The world’s most eco-friendly bulk carrier Haaga has been delivered to ESL Shipping.

Diana Shipping Inc. has announced a new time charter contract for the m/v Coronis panamax dry bulk vessel.

Genco Shipping & Trading Limited has taken delivery of two capesize vessels, and has entered into a new five year credit facility.

Safe Bulkers has invested in a second-hand capesize class vessel, which will be accretive to the company’s revenues and further expand its fleet and operations in the capesize market.

Diana Shipping Inc. has revealed a direct continuation of the time charter contract for the m/v Protefs, and has announced a new time charter contract for the m/v Nirefs with Hudson Shipping.

ABP will work with Rolls Royce and Svitzer to develop the innovative technologies and systems needed to operate efficiently and sustainably, well into the 21st century.

A new Coldharbour Marine office has opened in Singapore, which aims to help the company’s planned expansion into the Asian shipping market.

Issues around lifting productivity, supporting innovation and the need for governments around the world to encourage open grain trade were key themes on the second day of AGIC.

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

Star Bulk Carriers Corp. announces the closing of its acquisition of 16 dry bulk vessels from Augustea and York Capital Management.

On 1 August, Peter Borup was appointed the new CEO of Norvic Shipping’s dry bulk division.

The portfolio of defaulted shipping debt comprised dry bulk shipping, crude oil carriers and an offshore support vessel.