Shell lands charter deal for 10 VLCCs
Global energy major Royal Dutch Shell turns out to have inked charter contracts with three shipowners for 10 LNG dual-fuel very large crude carriers (VLCCs). According to industrial source and foreign press, four of the vessels are h...
K Line’s new car carrier given world first RMSV notation
Kawasaki Kisen Kaisha, Ltd. announced on March 12 that “K” LINE’s car carrier “CENTURY HIGHWAY GREEN” completed by Tadotsu Shipyard Co., Ltd., the Imabari Shipbuilding Group, became the world’s first ...
Repsol completes 1st LNG bunkering
Repsol announced on March 12 that it has carried out a new supply of liquefied natural gas (LNG) to a ship for use as fuel in the port of Cartagena in Spain. The bunkering was carried out at the Enagás facilities, with the suppor...
Drydocking delay results from rising freight rate
Nippon Paint Marine announced on March 9 that it is seeing liner operators increasingly postpone dry-dockings as they look to keep vessels operational to meet the recent surge in demand for container shipments. “Conta...
Diana Shipping Services to employ digital solution
Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, announced on March 9 that its wholly-owned subsidiary, Diana Shipping Services S.A. (“DSS&r...
LR1&MR1 tanker sector is reducing
LR1 tankers (60,000~84,999-dwt) and MR1 tankers (34,000~40,999-dwt) have been decreasing. According to industry sources and foreign media, MR1 and LR1 petroleum product tankers, which were the most popular ship types ...
Wood-chip Carrier for Hokuetsu delivered
NYK Line announced on March 4 that a new wood-chip carrier for the Hokuetsu Corporation was delivered on March 2 at Oshima Shipbuilding Co., Ltd. in Saikai city, Nagasaki, Japan. NYK and Hokuetsu have a long-term contract for this vesse...
Castor Maritime takes delivery of Kamsarmax vessel
Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company announced on March 3 that it took delivery of the M/V Magic Venus, the 2010 Japanese-built Kamsarmax dry bul...
Ardmore assumes management of Carl Buettner tankers
Ardmore Shipping Corporation (NYSE: ASC) (“Ardmore” or the “Company”) announced on March 1 that it has partnered with Carl Buettner – taking on the commercial management of four chemical tankers on behalf o...
TORM scoops up 8 MR tankers from TEAM Tankers
TORM recently announced that it has entered into an agreement to purchase eight 2007-2012 built MR product tanker vessels from TEAM Tankers Deep Sea Ltd. for a total cash consideration of USD 82.5m and the issuance of 5.97 million share...
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