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British Airways commits to 42 Boeing 777Xs

Posted By Tony Sanchez / Airlines / 0 Comments

March 1, 2019 British Airways parent company International Airlines Group has committed to 42 Boeing 777Xs, including 18 orders and 24 options, in a deal worth $18.6 billion. The airline is modernising its fleet with the introduction of aircraft including 787 Dreamliners, and the new 777-9s will primarily replace older 747s. The 777-9 is larger […]

Lufthansa Cargo adds summer freighter connections

Posted By Tony Sanchez / Airlines / 0 Comments

March 1, 2019 Lufthansa Cargo will be adding freighter connections for the summer, putting the two new Boeing 777 Freighters into service. Capacity will increase 10% with increased flights across Asia, the Americas Africa utilising Lufthansa Cargo and AeroLogic’s freighter capacity on the summer schedule starting on 31 March. In Asia, two flights a week […]

Bulk carrier collided with general cargo ship, Istanbul

Posted By Tony Sanchez / Ship Accident / 0 Comments

March 1, 2019 Bulk carrier MARYLAND collided with general cargo ship ZAKAMSK at Zeytinburnu Anchorage, Istanbul, Marmara sea, at around 0400 LT Mar 1. MARYLAND sustained superficial damages, mostly scraps, while ZAKAMSK reportedly, suffered two lengthy breaches above waterline. Details of collision yet unclear. MAYLAND according to track, arrived at Zeytinburnu Anchorage on Feb 28, […]

The United States’ Only Heavy Icebreaker Catches Fire off Antarctica

Posted By Tony Sanchez / Ship Accident / 0 Comments

March 1, 2019 A fire broke out on board the US Coast Guard (USCG) Cutter Polar Star off Antarctica on February 10, 2019.  As informed, the fire started in the ship’s incinerator room about 650 miles north of McMurdo Sound. After initial response efforts using four fire extinguishers failed, fire crews spent almost two hours […]

Wärtsilä Inks LNG Carrier Upkeep Deal with Tokyo LNG Tanker

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

March 1, 2019 Marine propulsion company Wärtsilä has signed a long-term agreement with LNG shipowner Tokyo LNG Tanker Co. Ltd for the maintenance of LNG carriers powered by Wärtsilä 50DF dual-fuel engines. The deal between the Tokyo Gas subsidiary and Wärtsilä was signed in December 2018, and the order booked in January 2019. The solution, dubbed Wärtsilä […]

Diana Shipping Back to Black in 4Q 2018

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

March 1, 2019 Greek dry bulk shipowner Diana Shipping managed to return to the black in the fourth of 2018. The company delivered a net income of USD 2.9 million and net income attributed to common stockholders of USD 1.5 million for the three months ended December 31, 2018. In the same period a year […]

Jinhui Shipping Ends 2018 in Black after Shedding Four Supramaxes

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

March 1, 2019 Jinhui Shipping and Transportation Limited has posted a net profit of USD 8.7 million for 2018, driven by the sale of four Supramax bulkers. As disclosed by the Hong Kong-based shipping company in its financial report for the fourth quarter and full year, the four vessels were sold for a price of […]