Noble Group Limited’s sale process for the four panacore vessels has been completed, with an aggregate consideration of approximately US$95 million and net proceeds of approximately US$32 million.
August was a record month in the company’s shipping activities in terms of volume of agricultural products loaded for export by fleet, as well as transporting a record volume of cargoes since the company was established.
Coal export terminals in the US Eastern Coast have been experiencing temporarily idleness since Hurricane Florence.
The programme is being facilitated by Peel Ports’ teams in both the Port of Liverpool and King George V Dock in Glasgow and could see a combined throughput of 1 million t of animal feed imports each year.
The agreement, for as many as 20 years, was approved 16 August by the Manatee County Port Authority, and ensures property lease payments totalling US$1.8 million for the initial five year term, in addition to wharfage payments for annual cargo throughputs.
Diana Shipping Inc. has announced a new time charter contract for the m/v Coronis panamax dry bulk vessel.
Genco Shipping & Trading Limited has taken delivery of two capesize vessels, and has entered into a new five year credit facility.
This year’s record mid-year results for cargo movement through the Port of Vancouver show balanced, steady growth across most business sectors.
Peel Ports has recently invested a total of £5.4 million to upgrade its handling and storage facilities at the Port of Sheerness, strengthening its existing proposition for Kent’s established grain market.