Shipping

The company has announced that it has taken delivery of an additional vessel, Sea Amber.

The ship is the sixth of 9 Crown-63 ultramax dry bulk sister vessels acquired from Greenship Bulk Trust.

The company has entered into a time charter contract with a major European utility and energy company for its recently delivered Capesize vessel.

This follows on from the company’s decision to acquire 16 new dry bulk vessels.

The vessel is the fifth of nine ships acquired be Eagle Bulk from Greenship Bulk Trust.

The vessel is expected to be delivered by the end of July 2017.

Hunter Maritime Acquisition Corp. Announces Termination of Tender Offer to Purchase up to 8 233 100 of its Class A Common Shares.

Diana Shipping announces direct continuation of time charter contract for m/v Myrsini with RWE and time charter contracts for m/v Electra with Uniper, m/v Alcmene with Cargill, m/v Oceanis and m/v Triton with Ausca.

Veslink Voyage Reporting has been officially certified as a solution for the upcoming European Union’s Monitoring, Reporting and Verification regulation.

ECSA and ICS have expressed support for the intention of the European Union and the People's Republic of China to intensify cooperation.

MHI and MHPS have jointly developed a large-scale rectangular marine scrubber that efficiently removes sulfur oxides from the exhaust gases emitted by marine diesel engines.

DryShips Inc. takes delivery of the previously announced 82 129 DWT kamsarmax dry bulk carrier built in 2014.

Mitsui O.S.K. Lines Ltd holds a signing ceremony for a coal transport contract with Thermal Powertech Corp. India Ltd (TPCIL).

Alan Olivier, Grindrod Group’s Chief Executive Officer, will take early retirement from the company, effective 31 July 2017.

Pioneer Marine has announced its CEO Pankaj Khanna is to leave the company and Sam Tsui will serve as Interim CEO.