A new LNG fuel tank system developed by Newport Shipping for tankers and bulkers has gained a key preliminary class approval.
The company has entered into more deals in Japan, leveraging its strong ties with its Japanese business partners.
Key variables make for a well-argued case that the strong sentiment in the dry bulk shipping market is here to stay, reports EastGate.
The company has entered into agreements to acquire two Capesize vessels, increasing their fleet to 14.
Castor Maritime Inc. has announced it has taken delivery of a Capesize dry bulk carrier and a Kamsarmax dry bulk carrier.
Diana Shipping Inc. has announced time charter contracts with Olam and Solebay for dry bulk vessels.