Archive

COSCO, ABS to Work on Trans-Arctic Shipping

Posted By Tony Sanchez / Airlines / 0 Comments

February 2, 2016 China Ocean Shipping (Group) Company (COSCO) has signed a cooperation agreement on Trans-Arctic shipping development with the provider of classification services American Bureau of Shipping (ABS) in Shanghai, China. Read More

Modern Express’ Grounding Avoided, Ship Heading to Bilbao

Posted By Tony Sanchez / Airlines / 0 Comments

February 2, 2016 The danger of grounding of the ill-fated car carrier Modern Express has been avoided as the ship has been towed away from the French coast, French Maritime Authority said. Read More

TOP Ships Takes Newbuild, Gets Nasdaq Warning

Posted By Tony Sanchez / Airlines / 0 Comments

February 2, 2016 Nasdaq-listed tanker owner TOP Ships Inc. took delivery of the M/T Eco Revolution, a 39,000 dwt “ECO” MR product tanker, the fourth of six vessels under construction in the company’s fleet. Read More

Star Bulk Carriers Disposes of Another Capesize

Posted By Tony Sanchez / Airlines / 0 Comments

February 2, 2016 Athens-based dry bulk shipping company Star Bulk Carriers has decided to sell its 181,433 dwt Capesize vessel MV Obelix to an undisclosed buyer for a price tag of USD 23.3 million. Read More  

Agritrade Resources Fixes Six Tug and Barge Boats

Posted By Tony Sanchez / Airlines / 0 Comments

February 1, 2016 Hong Kong-based Agritrade Resources Limited’s subsidiary Fair Cypress has signed long-term charter agreements with an undisclosed Qatar-based party for a fleet of tug and barge boats. Read More

Maybulk Warns of Major Loss amid Dire Market Conditions

Posted By Tony Sanchez / Airlines / 0 Comments

February 1, 2016 Malaysian Bulk Carriers Berhard (Maybulk) has issued a profit warning claiming it expects to record a substantial loss for the fourth quarter of 2015 and the financial year ended 31 December 2015. Read More

MES Ventures into FPSO Chartering

Posted By Tony Sanchez / Airlines / 0 Comments

February 1, 2016 Japanese shipbuilder Mitsui Engineering and Shipbuilding is setting up a business section within its Ocean Business Promotion Department that will be engaged in Floating Production, Storage & Offloading vessels (FPSO) chartering businesses. Read More

Baleària Confirms Ferry Deal with LaNaval

Posted By Tony Sanchez / Airlines / 0 Comments

February 1, 2016 Spanish shipping company Baleària has signed a contract with LaNaval Shipyard to build a liquefied natural gas and solar-powered ferry. Read More

Shell Hires China VLCC’s Supertanker

Posted By Tony Sanchez / Airlines / 0 Comments

February 1, 2016 Shanghai-listed China Merchants Energy Shipping (CMES) said that its subsidiary China VLCC signed a charter deal with the Netherlands-based Royal Dutch Shell. Read More

Aussie Crew of Another Bulker Lose Jobs to Foreign Workers

Posted By Tony Sanchez / Airlines / 0 Comments

February 1, 2016 Another Australian ship is being replaced by a foreign one according to the Maritime Union of Australia, as Pacific Aluminium announces its intention to replace CSL Melbourne with a foreign-flagged ship. Read More