Shipping
ICS comments on Panama Canal tolls
(Posted on 31/07/19)The Panama Canal Authority (ACP) is conducting a public consultation on a proposal to adjust the Panama Canal tolls for containerships, vehicle carriers, dry bulk carriers, tankers, chemical carriers, LPG and LNG vessels, passenger vessels and small vessels. The proposed new toll charges are anticipated to enter into effect on 1...
Eagle Bulk into the red
(Posted on 31/07/19)Eagle Bulk Shipping Inc., one of the world’s largest owner-operators within the Supramax / Ultramax segment, has reported financial results for the three and six months ended June 30, 2019.Gary Vogel, Eagle Bulk's CEO, commented, "Our results for the second quarter are reflective of the challenging freight environment in the...
Scorpio profit boost
(Posted on 31/07/19)Scorpio Bulkers has seen second-quarter profits rise as it reports results for the three months ended June 30, 2019.The Company also announced that, its Board of Directors declared a quarterly cash dividend of $0.02 per share on the Company’s common shares.Scorpio Bulkers Inc. is a provider of marine transportation of dry...
Marfin goes solar
(Posted on 31/07/19)Dry Bulk operator Marfin Management and Solar Panel specialists Solbian have announced the introduction of a first solar installation on a bulk carrier ship. This system has been installed on Paolo Topic vessel, a bulk carrier, managed by Marfin Management S.A.M. The project was officialised with the signature of an agreement on...
INTERCARGO raises Safety concerns
(Posted on 31/07/19)With 1 January 2020 just five months away, INTERCARGO expresses its growing concern in view ofthe magnitude of the challenge lying ahead for the industry and the need for a smooth transition.The International Association of Dry Cargo Shipowners (INTERCARGO) is representing the interests of quality dry cargoshipowners, with 2,200...
Lakes “grande dame” on final journey
(Posted on 21/07/19)The bulk carrier Eda, formerly known as Cedarglen, departed the Port of Montreal for the last time on 21 July, 2019, bound for an eco-friendly recycling yard in Turkey.After a long and productive career spanning over 60 years – including the last 17 with the Canada Steamship Lines fleet – Cedarglen ...
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