Friday, June 22, 2018

Diana Shipping Reports USD 436.9 Mn Loss in Q4, 2017

Diana Shipping Inc on Thursday reported a net loss of USD 436.9 million and net loss attributed to common stockholders of USD 438.4 million...

Poor Maintenance, Voyage Planning behind Grounding of Arca 1 off Cape Breton

Inadequate maintenance and poor voyage planning led to the grounding of a bunkering tanker off the coast of Little Pond, N.S., in January 2017,...

Wärtsilä LNGPac Passes 100th Order Milestone

The technology group Wärtsilä’s Fuel Gas Supply Systems have passed a significant milestone with the 100th order being booked. Two new shuttle tankers being...

Scorpio Bulkers Inc. (SALT) Shares Sold by Goldman Sachs Group

Goldman Sachs Group Inc. reduced its stake in Scorpio Bulkers Inc. (NYSE:SALT) by 44.4% in the 2nd quarter, according to the company in its...

SEALNG Launches LNG Bunker Navigator Tool

SEALNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, today announced that it...

ICS: Governments Need to Compromise or Risk Having no IMO CO2 Strategy at All

Ahead of critical meetings at the UN International Maritime Organization (IMO) which commence on 3 April, the International Chamber of Shipping (ICS) says that...

Aegean Marine Petroleum Network Set to Establish Independent Corporate Identity

Aegean Marine Petroleum Network Inc. has reinvigorated its Board of Directors with the addition of three new independent directors, and today announced the appointment...

Panama Canal Signs Agreement with Association of Soybean and Corn Producers of Mato Grosso

The Panama Canal signed a Memorandum of Understanding (MOU) in Cuiabá, Brazil that will promote the Panama Canal's position as a route for grain...

Damen Wins Contracts from Multraship and Smit Lamnalco at Europort Exhibition

At the Europort exhibition in Rotterdam, Multraship and Damen signed a contract for the build and delivery of two Damen Stan Launch 804s. The...

Greenpeace Protestors Arrested After they Board Car Carrier

Two Greenpeace protesters were reportedly arrested after they boarded K-Line’s 23,498-tonne Elbe Highway car carrier. Greepeace UK confirmed the arrest. "We can confirm that Greenpeace protesters...