Wednesday, April 25, 2018

Djakarta Llyod Gears Up for Bulker Acquisition

Indonesia's state-run company, Djakarta Llyod is expected to purchase a bulker soon, after a hiatus of three years. The company had recently failed to...

Major Reorganisation for Stena Bulk

Stena Bulk announced today that it is reorganising its business activities into three business areas: Crude & Fuel, Products & Chemicals and LNG and...

Bulker Bangs into Pier, Sustains Damage in Weser River, Germany

A handysize bulker loaded with steel banged into a raised structure at Brake, when it was moving on the Weser River in Germany on...

Korea Line Corporation Recovers USD 68 million in Charter Arbitration Dispute

The Korea Line Corporation (KLC) has recovered KRW 76 billion (USD 68 million) from the parent firm of a company that repudiated a charter...

Pioneer Marine Announces 3Q, 2017 Results

Pioneer Marine Inc, on Wednesday, announced its financial and operating results for the third quarter (Q3) and nine months period, which ended on September...

Safe Bulkers to Install Erma First’s Ballast Water Treatment System

Safe Bulkers Inc announced an agreement with Greece-based, Erma First, to install a Ballast Water Treatment System (BWTS) in all its vessels. The BWTS of...

India’s Paradip Port Berths its Largest Vessel

MV Urja, a cape size vessel owned by the Adani group with Panama flag, berthed at the central Quary-1 of the Paradip Port in India on...

Scorpio Bulkers Acquires Four More Vessels

Scorpio Bulkers Inc. announced today that it has entered into two separate agreements with unaffiliated third parties to acquire three Ultramax dry bulk vessels...

COSCO Shipping Scraps Six Bulkers, Downsizes Fleet

COSCO Shipping International (Singapore) has sent six bulk carriers to the scrapyard in the first nine months of this year reducing its fleet to...

Uni-Asia Acquires Bulker for USD 3.5 million

The Uni-Asia Group announced the acquisition of a 29,256 dwt second-hand bulk carrier for approximately USD 3.5 million. This amount was derived after taking into...