Shipping

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.

Roll-Lift USA recently transported break bulk windmill blades, due to arrive in the US.

Pacific Basin Shipping Ltd (Pacific Basin) reports its financial results for the six months ended 30 June 2018, with a key highlight being the company’s return to profitability.

Diana Shipping Inc. enters into a new time charter contract with Koch Shipping Pte. Ltd. for one of its capesize dry bulk vessels.

The Finnish Competition and Consumer Authority has approved the transaction whereby ESL Shipping acquires the outstanding shares of AtoB@C Shipping AB and AtoB@C Holding AB.

The Genco Weatherly is the first of four vessels to be delivered to Genco as part of a recent agreement.

Diana Shipping comments on its financial results for the second quarter and six months ended 30 June 2018, with a key highlight being a net income of US$2 million in 2Q18.

United Bulk Terminals is back on track after hitting a remarkable dry bulk loading record.

Goldwin Shipping has sold two of its supramax dry bulk carriers to shipowners in China.

Wilhelmsen Ships Service has abandoned its planned acquisition of Drew Marine Technical Services following a US District Court ruling promoting an injunction to block the planned takeover.

Eagle Bulk Shipping Inc. purchases an ultramax bulk carrier for US$ 21.2 million.