Shipping

Globus Maritime Ltd announces the results of its recent AGM, which was held earlier this week on Tuesday in Glyfada (Greece).

Noble Group Limited’s sale process for the four panacore vessels has been completed, with an aggregate consideration of approximately US$95 million and net proceeds of approximately US$32 million.

The Green Corridor Joint Industry Project is complete, with its conclusion being marked by a recent signing ceremony in Singapore.

Diana Shipping announces a US$100 million private placement of senior unsecured bonds, which are due to mature in September 2023.

Safe Bulkers, Inc. provides details of its upcoming institutional investor and analyst day on Thursday next week.

August was a record month in the company’s shipping activities in terms of volume of agricultural products loaded for export by fleet, as well as transporting a record volume of cargoes since the company was established.

Diana Shipping Inc. has entered a time charter contract with Ausca Shipping Limited for one of its panamax dry bulk vessels.

Wilhelmsen Ships Service and Klüber Lubrication enter an agreement with Wilhelmsen becoming a global partner for marine lubricants from Klüber Lubrication.

An estimated 120 million tpy is being shipped from Indonesia for the export market, and an increasing proportion of this is being sold on an index-linked basis as market participants seek to manage Indonesian coal price risk.

This month, Genco Shipping and Trading Limited has completed its vessel acquisitions following the delivery of two capesize vessels and one ultramax vessel.

A report by global shipping consultancy Drewry has predicted that charter rates will improve on present levels, as a result of moderate increases in vessel demand and low growth in vessel supply due to restrained new ordering and a thin orderbook.

Scorpio Bulkers receives commitment for a loan facility with a leading European financial institution worth up to US$34 million for the financing of two kamsarmax vessels.

On 4 September, the world’s most eco-friendly bulk carrier, Vikki, was delivered to ESL Shipping from the Jinling shipyard in Nanjing (China).

On 9 September 2018, Star Bulk Carriers Corp. announced it is to equip its entire fleet with exhaust gas cleaning systems (scrubbers) before the implementation date of the new IMO sulfur emission cap regulation in January.

Lloyd’s Register has granted an AiP to Jiangnan Shipyard Group Co. Ltd’s new LNG dual-fuelled newcastlemax concept.