Shipping

Yara Marine Technologies has signed a contract with Algoma Central Corp. for its technology to enhance the vessel efficiency of bulk carriers.

The companies have announced a joint study on the installation of a wind propulsion system on a bulk carrier.

CIT Group Inc. is providing financing to Maritime Asset Partners for the refinancing of Sterling LLC.

The 2008 Japanese-built Panamax dry bulk carrier was delivered to the company on 26 October 2021.

Diana Shipping Inc. has received approval for the listing of the common shares of OceanPal Inc. on the Nasdaq Capital Market.

The 2001-built CABU vessel has been sold as a dry bulk vessel.

The vessel was built in Japan in 2010 and has a cargo-carrying capacity of approximately 181 500 DWT.

Bahri has been ranked among Forbes’ ‘10 Biggest Logistics Companies in MENA’.

The company has agreed to acquire a 64 000 DWT Ultramax new-building resale currently being constructed in Japan.

Pilbara Ports Authority has delivered a total monthly throughput of 63.1 million t for September 2021.

Safe Bulkers, Inc. announces a three-year period time charter for a Capesize-class vessel.

Castor Maritime Inc. has made two announcements regarding charter agreements for dry bulk carriers.

Safe Bulkers, Inc. announces a three-year period time charter for a Capesize-class vessel.

Diana Shipping Inc. has entered into a time charter contract with Olam International Limited.

The study states that cargo vessels using Jotun’s hull solutions reported a 20% lower carbon intensity than those without in 2019 and 2020.