Shipping
EuroDry acquires panamax bulk carrier
(Posted on 15/11/18)EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, has announced that it signed a memorandum of agreement to purchase the M/V Star of Nippon (to be renamed M/V Starlight), a panamax size drybulk carrier of 75,845 dwt built in 2004 in Japan.The vessel is expected to...
ICS Chairman’s trade threat concern
(Posted on 15/11/18)Speaking in Tokyo on behalf of the global trade association for shipowners, the International Chamber of Shipping (ICS), its Chairman, Esben Poulsson, highlighted serious concerns about the challenge presented by the United States ‘to the proven benefits of multilateralism and the existing global trading order underpinned...
Palau lines up with BIMCO
(Posted on 15/11/18)The world’s fastest growing ship registry has now joined more than 2,000 other maritime professionals by becoming the latest associate member of BIMCO – The Baltic and International Maritime Council.Palau International Ship Registry (PISR) is the latest registry to join the world’s largest international shipping...
InterManager’s enclosed space campaign
(Posted on 15/11/18)InterManager, the international trade association for the shipmanagement sector, has launched a campaign to encourage seafarers to think about safety issues when working in enclosed spaces and to identify measures which they believe would reduce risks. Announcing the campaign during this week’s Crew Connect event in...
Lock entry system aids in preventing damage
(Posted on 09/11/18)The technology group Wärtsilä has developed a lock entry assist system that will facilitate a vessel’s approach and entrance into waterway locks. The development work has been carried out in cooperation with the Canada-based CSL Group. The initial deployment of the technology will be on board the ‘CSL St Laurent...
Eagle Bulk’s results in “steadily rising market”
(Posted on 09/11/18)Eagle Bulk Shipping Inc. one of the world's largest owner-operators in the Supramax / Ultramax segment, has reported financial results for the three and nine months ended September 30, 2018.Highlights for the Quarter included generated net revenues of $69.1 million , representing an increase of $6.4 million or 10% compared to the...
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