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Castor Maritime sells another dry bulk vessel

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.

 
 
 
 

Jinhui Shipping has signed an agreement to dispose of a vessel

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 discusses future transportation employment trends

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.

 
 
 
 
 
 

Methanol engine secures bulker orders

Tsuneishi Shipbuilding Co., Ltd has ordered three methanol main engines to be included in the construction of three bulk carriers for Danish shipping company, J. Lauritzen.