Shipping

Euroseas Ltd. has announced its decision to proceed with a newbuilding contract at a discounted purchase price for a fuel efficient kamsarmax drybulk carrier.

The company expects to take delivery of the vessels before the end of June 2017.

The company has confirmed the purchase of nine Crown-63 ultramax dry bulk sister vessels for US$153 million.

The annual report has been filed with the Securities and Exchange Commission.

The Tete Oldendorff recently entered Chengxi Shipyard in China to be converted to a transloader.

Bahri expands its presence In North America by opening its second North American office in Houston, Texas.

GE Shipping signs a contract to buy a supramax dry bulk carrier of about 52 450 DWT.

Diana Shipping Inc. extends time charter contract for m/v Melia with Nidera.

Key Asian routes are seeing surging freight rates for large capesize cargo vessels.

Navis announces Bluetracker is launching a MRV module that includes data validation and plausibility checks to ensure compliance with data quality of MRV reports.

Golden Ocean Group Ltd enters into agreements to acquire 16 modern dry bulk vessels in an all-share transaction.

Amsterdam-based shipping company Spliethoff has placed an order for six multipurpose vessels at the Zhejiang Ouhua Shipbuilding Co., Ltd., shipyard in China.

The Symphony Provider is one of two ECOBOX DP2 vessels that will be delivered to Symphony Shipping.

The company has announced successful completion of its first shipment from the Baobab Phosphate Project in the Republic of Senegal.

According to the Ukrainian Grain Association, the volume of grain exports from Russia totalled 24.551 million t since that start of 2016/17 MY.