Shipping

AtoB@C Shipping has taken delivery of a next-generation electric hybrid vessel Electramar which will see emissions reduced by 50%.

'K' LINE has decided to implement JGreeX, the green-steel product manufactured by JFE Steel Corp., for an ultramax bulker set to be built by Imabari Shipbuilding Co., Ltd.

Safe Bulkers, Inc. has announced an agreement for the acquisition of one Japanese kamsarmax class dry-bulk vessel.

Diana Shipping Inc. has released its 2022 Environmental, Social and Governance Report providing an overview of the companies policies and practices.

Castor Maritime Inc. has announced the sale of the M/V Magic Orion for US$17.4 million with an expected net gain of US$2.0 million and the completion of the sale of the M/V Magic Argo.

The Panama Canal Port Authority have prepared plans to increase daily transits in January with the addition of six daily slots.

The Baltic Exchange has reported that the dry bulk shipping market has seen another week of corrections during the third week of December.

Lloyd's Register has awarded an Approval in Principle to NACKS for a methanol-fuelled 81 000 DWT bulk carrier.

The Board of Jinhui Shipping and Transportation Ltd has announced that a subsidiary of the company entered into a memorandum of agreement on 12 December for the disposal of a supramax at an initially estimated price of US$10.43 million.

IntelliTrans has suggested that by 2031 80% of the workforce will be over 65 which could force companies need to differentiate themselves with a talent strategy that involves technology deployment, employee engagement, and having a mission that matters.

Technology group Wärtsilä will supply an integrated hybrid propulsion solution for three new self-discharging cargo vessels being built at the Royal Bodewes shipyard in the Netherlands for Norwegian shipowner Aasen Shipping.

Star Bulk Carriers Corp. and Eagle Bulk Shipping Inc. have entered into a definitive agreement to combine their assets and create a global dry bulk leader.

Chinese company Jinhui Shipping and Transportation Ltd, has announced its entry into a Charterparty with Shining Steamship International S.A. for the leasing of the bulk carrier M.V. Ever Shining.

China Shipbuilding’s and Lemissoler’s first methanol-fuelled ultramax bulk carrier receives ABS approval.

Teck Resources and Oldendorff Carriers have agreed to outfit a bulk carrier with rotor sails to reduce emissions.