Shipping

MacGregor has been awarded a turnkey project from Cochin Shipyard for four 8000 DWT bulk carrier hatch cover shipsets.

ABB has entered into a new market segment with an order to install its Azipod electric propulsion on board two dry bulk carriers from Oldendorff Carriers.

Transhipment in the North Sea Canal Area of the seaports of Amsterdam, IJmuiden, Beverwijk and Zaanstad rose in the first half of 2019 to 54.1 million t.

The CEO of cyber security company Naval Dome has commented that OEMs are not doing enough to provide end users with the level of protection required to secure critical systems.

Ocean Yield ASA is to acquire one handysize dry bulk newbuilding with a 10 year bareboat charter to a company-owned and guaranteed by Interlink Maritime Corp.

ClassNK undergoes structural changes, including the integration of its point of contacts in order to support clients with the IMO’s upcoming sulfur cap, which will come into force in January 2020.

Grieg Star sends its old vessel Star Fuji for recycling and has almost simultaneously welcomed a new supramax, the Star Damon.

ABB secures its first contract for ABB Ability™ Tekomar XPERT for a fleet of 55 vessels with Hamburg based ship manager CPO Containerschiffreederei (CCPO).

A Wallem Group bulk carrier has worked alongside the US Coast Guard to successfully rescue a crew of eight Indonesian fishermen, who had been adrift for ten days.

DryShips Inc. has entered into an Agreement and Plan of Merger with SPII Holdings Inc., through which SPII will acquire the outstanding shares of the company that it does not already own.

NORDEN has signed another Contract of Affreightment with Enviva to transport 1.3 - 1.5 million t wood pellets from the US to Europe over a six year period.

Golden Ocean Group has published its results for the quarter ended 30 June 2019, with a key highlight being a net loss of US$33.1 million, a dramatic increase on the loss of US$7.5 million reported in the first quarter of this year.

Norden reports key highlights from its second quarter results, including a negative trading margin for the first half-year of 2019 of US$-5 million.

Eagle Bulk Shipping Inc. has established a new commercial office in Copenhagen, relocating away from its existing base in Hamburg.

Wilhelmsen Ship Management has received two supramaxes from its partner Stove Shipping AS.