Monday, January 22, 2018

Zhuhai Port Raises USD 224 Million to Build Bulker Fleet

Zhuhai port, a major seaport in the Pearl River Delta next to Macau, has announced plans to raise up to CNY 1.48 billion (USD...

Deadly Collision Causes Bulker to be Detained in Iraq

At least four people died and seven are reported missing after a 48,200 DWT bunker, Royal Arsenal, collided with Iraqi diving support vessel Al...

DryShips Receives Senior Secured Credit Facilities, Sells Panamax Vessel

DryShips Inc. today announced the following transactions: The Company has received two firm commitments for senior secured credit facilities of up to an aggregate...

Safe Bulkers Announces Acquisition of Second Hand Vessel

Safe Bulkers, Inc., an international provider of marine dry-bulk transportation services, announced today that it has acquired a 92,000 dwt, South Korean 2010 built,...

H-Line Shipping to Build LNG-Fueled Bulker

South Korean shipping company H-Line Shipping is getting into a partnership with the industry and Government on the design and construction of an LNG-fueled...

Star Bulk Announces Debt Principal Repayments From Q1 2018

Star Bulk Carriers on Thursday announced that the company is planning to restart debt principal repayments from Janaury 1, 2018. The move by the...

K Line Prepares for Centennial Celebrations

The following is an excerpt of the President & CEO of K Line, Mr. Eizo Murakami's address to his colleagues: The "K" Line Group's business is...

Cargo Vessel Carrying Cement Sinks in Indonesia

A cargo vessel MV Keneukai loaded with 2,500 tons of Conch cement sank in the Barito River on December 8 while loading cargo. The...

Man Falls Overboard from Fednav’s Bulker at Thunder Bay’s Port

A mariner fell from the open hatch bulk carrier Federal Champlain, owned by Canadian ship-owner, Fednav. The incident occurred on December 8 at around...

Bulker Fined by USCG for Untreated Ballast Discharge

On 16th August, newly built bulker ANSAC Moon Bear was fined USD 5000 by the United States Coast Guard (USCG) for unauthorised ballast water discharge into...