Shipping

Dania Ship Management intends to extend ship management capabilities to include dry cargo in a partnership agreement with Clipper Fleet Management.

Simpson Spence Young agrees terms to acquire Danish shipbroker Bidsted & Co.

Algoma Central Corp. takes ownership of the Algoma Innovator, which is part of the Equinox 650’ class of self-unloading dry bulk lake freighters.

Green Award recognises ships operating with zero emissions by introducing a new Platinum label.

Safe Bulkers, Inc. purchases a post-panamax class dry bulk vessel.

Apeejay Shipping acquires a fourth gearless panamax vessel to join its fleet.

Baltic Exchange Advisory Council elects Duncan Dunn as Chairman to take effect from 2 January 2018.

Oldendorff Carriers acquires four more babycape dry bulk carriers from Hartmann Reederei.

Vale concludes sale of two VLOC vessels to Bocomm.

Diana Shipping Inc. enters into a time charter contract with EGPN Bulk Carrier Co. Ltd for capesize dry bulk carrier.

Ugland Shipping AS secures the development of third new bulk carrier to add to their fleet in 2020.

Tomini Shipping expands its fleet size further with an order for three kamsarmax dry bulk carriers.

MOL, Tohoku Electric Power, Namura Shipbuilding jointly earn AIP for Design of LNG-powered coal carrier.

A leading European financial institution is to provide Scorpio Bulkers with a loan facility which will help fund the three Ultramax dry bulk vessels it has recently agreed to acquire.

NORDEN opens a new office in Vancouver, Canada.