Shipping
Diana announces two sale and leaseback agreements
(Posted on 18/08/22)Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, has announced that, through two separate wholly-owned subsidiaries, it has entered into two sale and leaseback agreements with two unaffiliated Japanese third parties for the 2015-built Capesize dry bulk vessel...
Newest U.S flagged Lakes bulker operation with Thordon RiverTough bearing
(Posted on 12/08/22)Mark W. Barker, the first new U.S flagged Great Lakes bulker in almost 40 years, has successfully completed sea trials and will now begin trading throughout the freshwater lakes and river networks with oil-free propeller shaft bearings from Thordon Bearings.Built in Sturgeon Bay, Wisconsin, by Fincantieri Bay Shipbuilding for The...
Industry first brings Sailors’ Society’s Wellness at Sea to 1,600 aspiring seafarers
(Posted on 12/08/22)The first in a series of ground-breaking global wellness and mental health conferences designed exclusively for maritime school students has been hailed as an overwhelming success.More than 1,600 cadets from 21 Indian and Sri Lankan maritime colleges registered to take part in the first of four conferences created and run by international...
Healthy bulk market helps Pacific Basin generate record interim results
(Posted on 05/08/22)Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, has announced the results of the Company and its subsidiaries for the six months ended 30 June 2022.Martin Fruergaard, CEO of Pacific Basin, said: “In the first half of 2022, we generated our best interim results ever, producing an...
Spar Shipping bulker successfully completes biofuel-powered trial voyage
(Posted on 29/07/22)A 10-day trial onboard a Spar Shipping AS bulk carrier enabled a reduction of at least 75% in carbon and sulphur emissions, and further confirms technical viability of GoodFuels’ sustainable marine biofuelLong-term dry bulk tonnage provider Spar Shipping AS, ship management leader Fleet Management Limited and global biofuels...
Inmarsat report offers cyber-risk guidance amid escalating threats
(Posted on 25/07/22)A new report published by Inmarsat, the world leader in global, mobile satellite communications, highlights the role of the International Maritime Organization’s (IMO) 2021 cyber risk management code in providing a framework for cyber resilience but warns that there is more to combating attacks than compliance alone. Compiled...
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