Shipping

The company has announced the acquisition of two modern kansarmax vessels and the delivery of one newcastlemax vessel.

Diana Shipping Inc. announces time charter contracts for m/v Philadelphia with Koch and m/v Calipso with Transgrain.

The following financial review discusses the results for the three and twelve months ended December 31, 2016 and December 31, 2015.

The US Department of Justice has approved the establishment of G2 Ocean.

Algoma Central Corp. and Nova Marine Carriers SA to partner for a new venture in global short-sea shipping.

The Board of Directors of Pacific Basin Shipping Ltd has announced the results of the company and its subsidiaries for the year ended 31 December 2016.

Diana Shipping Inc. has announced a direct continuation of the time charter contract for m/v Polymnia with Cargill International.

Eagle Bulk Shipping Inc. has announced that it has reached a definitive agreement to purchase a minimum of 6 and up to 9 Crown-63 Ultramax dry bulk sister vessels.

MacGregor has launched a new crane compensation system for offshore ship-to-ship load transfers, offering substantially larger operating windows as well as safer and faster load transfers.

According to a Wood Mackenzie study, global bunker fuel costs could rise by up to US$60 billion annually from 2020.

The dredging of the access channel to the port of Maputo from 11 to up 14.4 m has been completed.

Nikiforos has entered into a spot voyage contract for transporting approximately 40 030 t of dry bulk cargo from Middle East to Subcontinent.

Bahri Dry Bulk and Koninklijke Bunge have announced they have signed definitive agreements forming a joint venture to establish an ocean freight supplier for dry bulk import and export flows in and out of the Middle East region.

China is to ban all coal imports from North Korea, including coal that is already in transit.

Diana Shipping Inc. has announced a direct continuation of a time charter contract for m/v Houston with SwissMarine.