Shipping

The company recorded a net loss of US$3.2 million in 2017, while stockholders’ equity was US$41.3 million as of 31 December 2017.

The supramax/ultramax owner-operator reported a loss of US$16.6 million in 4Q17, compared to a net loss of US$142.4 million in the same quarter the year before.

The Aquasurfer, a 2013 built capesize vessel of 178 854 DWT, is the sixth to deliver of seven initial capesize vessels acquired by the company.

The platform is intended to assist medium and small-scale importers and exporters with collectively gaining ‘big shipper’ rates.

The US dry bulk shipowner finished 2017 with a cash position of US$204.9 million, and established a presence in Singapore.

Dry bulk and container sector panel discussions are set to be held with major company executives.

Capital Product Partners L.P. announces the filing of Form 20-F with the US Securities and Exchange Commission.

Peter Sand, BIMCO, predicts overall demand growth of about 2-3% this year.

J. Lauritzen A/S reports the upcoming appointment of two new members to the Board of Directors.

Golden Ocean Group Ltd reports an improvement in their recently released 4Q17 results with the company striving for healthier financial figures.

Safe Bulkers, Inc. reports its financial results for 4Q17 and the 12-month period ended 31 December 2017.

GoodBulk Ltd takes delivery of another Aquavoyageur to add to its Capesize vessel.

Crude oil and iron ore imports reached the highest levels recorded, with coal imports reaching the highest level in three years.

The International Chamber of Shipping appoints a new Secretary General, whose appointment will become effective from mid-2018.

The German shipping company conducted the operation in deep water near the Andaman Islands, India.