Dry bulk shipping market

The loan facility will be used to finance up to 60% of the fair market value of six ultramax dry bulk vessels.

New semi open hatch vessel Star Majesty has been added to Grieg Star’s fleet.

The maiden shipment will total approximately 5000 dry t and is bound for Chinese-based offtake partner Lionergy.

A recent Drewry survey details how the IMO 2020 low sulfur rule exposes widespread concern about lack of fuel cost transparency.

Petter Ruda has been appointed as the new Chief Financial Officer of ESL Shipping.

Datum’s Ship Torsion Meters give real time measurements of torque, power, thrust and dynamic torque, which help the ship monitoring system meet the SEEMP requirements.

Marine ship fuels will be limited to a sulfur content of 0.5% (or equivalent) when operating on open oceans.

Globus Maritime Limited has set a date for the release of its second quarter and first half 2018 results.

The IMO 2020 Low Sulphur Regulation will require all shipping companies to reduce their sulfur emissions by 85%.

As part of the incentive programme of Ocean Yield, a ship owning company, a number of primary insiders have committed to acquire shares in the company.