Dry cargo shipping news

The Phaidra is a 87 146 DWT post-panamax dry bulk vessel built in 2013.

Ocean Yield has committed to part finance the scrubber installation on both vessels, with an additional US$3 million, which is expected in early 2020.

Shell Marine has introduced a new two-stroke engine cylinder oil specifically for use with engines running on 0.5% sulfur content very low sulfur fuel oil.

As part of the agreements, the company will bareboat charter-in the vessels for a period of 11 years and have purchase options beginning at the end of the fourth year of each agreement.

A Chinese shipping company has chosen Alfa Laval PureSOx scrubber systems for exhaust gas cleaning on 31 vessels in its fleet.

Scorpio Bulkers reveals agreements to increase existing credit facilities by US$41 million to finance exhaust gas cleaning systems.

Adani has become the first Indian port operator to record a cargo movement of over 200 million t.

The panel discussion will take place at Capital Link’s 13th Annual International Shipping Forum on 1 April.

Scorpio has agreed to sell and leaseback three Ultramax vessels and four Kamsarmax vessels to CMB Financial Leasing Co.

CSA win the clean shipping award at this year’s Green4Sea Awards