Shipping

Mitsui O.S.K. Lines, Ltd has participated in the First Movers Coalition, which was established to boost demand for decarbonisation technology at the World Economic Forum Davos Agenda.

Safe Bulkers, Inc. has entered into an agreement for the acquisition of a capesize class dry bulk vessel, to be named m.v. Aghia Sofia, with delivery date within August 2022.

Enviva Inc and MOL Drybulk Ltd, a subsidiary of Mitsui O.S.K. Lines Ltd, have signed an additional memorandum of understanding to deploy an environmentally friendly bulk carrier for the ocean transportation of sustainable wood pellets and biofuels.

Pacific Basin Shipping Ltd has signed a memorandum of understanding with Nihon Shipyard Co. Ltd and Mitsui & Co. Ltd to cooperate in the investigation and development of zero-emission vessels.

Capes Shipping Agencies, a ship agency subsidiary of CV International, Inc., has completed the acquisition of Ryan Ship Services, LLC, an independent ship agency and freight forwarder.

Leading Classification Society ClassNK has issued an approval in principle (AiP) for the design of an ammonia-ready LNG-fuelled Panamax bulk carrier developed by Planning and Design Center for Greener Ships.

Cadence Minerals has announced that DEV Mineração S.A's has completed the sale and shipment of Iron Ore from the Amapa Iron Ore Project.

EuroDry Ltd has agreed to acquire M/V Santa Cruz, a 76 440 DWT dry bulk vessel built in 2005, for US$15.75 million.

AD Ports Group’s feeder service, SAFEEN Feeders, has signed a long-term trade facilitation and shipping agreement with Saif Powertec Ltd.

Safe Bulkers, Inc. has entered into an agreement for the acquisition of a capesize class vessel, with a scheduled delivery date within May 2022.

Lloyd’s Register has awarded approval in principle to Dalian Shipbuilding Industry Company (DSIC) for the first Chinese Newcastlemax bulk carrier concept to be powered by ammonia, a promising zero-carbon-emitting fuel.

Pilbara Ports Authority has announced its shipping figures for March 2022.

The first oceangoing vessel of the 2022 maritime shipping season is scheduled to arrive in the Port of Duluth-Superior.

Hempel has had its emissions reduction targets approved by the Science Based Targets initiative.

Oldendorff Carriers has agreed on the installation of U-type scrubbers by Yara Marine Technologies on two newbuild capesize vessels.