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Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that through a separate wholly-owned subsidiary, it has entered into a time charter contract with Bunge SA, Geneva, for one of its Ultramax dry bulk vessels, the m/v DSI Aquila. The gross charter rate is US$14,500, ...
https://www.hellenicshippingnews.com/diana-shipping-inc-announces-time-charter-contract-for-m-v-dsi-aquila-with-bunge/Minor bulk, made up of all dry cargo types that are not categorized as iron ore, coal, or grains, has consistently outperformed the previous year in terms of total tonnage exported. In August, this trend continued as the total tonnage of minor bulk exports increased by 7% compared to the same period last year. Through ...
https://www.hellenicshippingnews.com/bauxite-manganese-ore-and-forestry-more-protectionism-to-come/
https://www.hellenicshippingnews.com/bauxite-manganese-ore-and-forestry-more-protectionism-to-come/The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell to a near one-month low on Wednesday, as rates across all vessel segments declined. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 154 points to 1,980 points, its lowest since ...
https://www.hellenicshippingnews.com/baltic-index-drops-to-near-one-month-low-on-weaker-rates-across-all-vessel-segments/Zodiac Maritime is returning to the newbuilding market with an order for five 6,000 teu containerships in China, worth close to $400m. According to brokers, the Eyal Ofer-led diversified shipowner has booked the conventionally fuelled vessels at China Merchants Jinling Shipyard, with prices coming in at $78m–$79m apiece. Delivery of the quintet is expected from …
https://splash247.com/zodiac-maritime-expands-boxship-pipeline-with-400m-order-in-china/
https://splash247.com/zodiac-maritime-expands-boxship-pipeline-with-400m-order-in-china/Germany’s HS Shipping Group (HS Schiffahrt) has teamed up with shipping financier Mare Trust for a major push into the multipurpose heavylift segment, securing newbuildings at Jiangsu Soho Marine Heavy Industry in China. The partners confirmed firm orders for four 12,500 dwt vessels, with deliveries scheduled between August 2027 and February 2029. Options have been …
https://splash247.com/german-owners-line-up-mpp-newbuild-series-in-china/
https://splash247.com/german-owners-line-up-mpp-newbuild-series-in-china/Evangelos Marinakis-led Capital Maritime Group has been linked to the latest round of feeder containership contracts at HD Hyundai Mipo Dockyard in South Korea. Shipbuilding sources said the Greek owner is behind orders for two 2,800 teu units priced at around $56.9m each and one 1,800 teu ship costing about $45m. Deliveries are expected in …
https://splash247.com/capital-maritime-emerges-behind-hd-hyundai-mipo-feeder-orders/
https://splash247.com/capital-maritime-emerges-behind-hd-hyundai-mipo-feeder-orders/Taiwan’s Chinese Maritime Transport (CMT) has returned to China State Shipbuilding Corporation’s Qingdao Beihai yard with an order for two newcastlemax bulk carriers. The Taipei-listed owner confirmed it will pay between $76m and $79.8m per 210,000 dwt vessel. Deliveries have not yet been disclosed. The order builds on CMT’s ongoing newbuilding push, which already includes …
https://splash247.com/cmt-adds-pair-of-newcastlemax-orders-at-qingdao-beihai/
https://splash247.com/cmt-adds-pair-of-newcastlemax-orders-at-qingdao-beihai/US-based dry bulk owner Genco Shipping & Trading has adopted a limited-duration shareholder rights plan designed to prevent a takeover of the company. The rights plan is effective immediately and has a one-year duration expiring on September 30, 2026. Pursuant to the plan, Genco will issue one right for each share of common stock outstanding, as …
https://splash247.com/genco-adopts-poison-pill-to-limit-hostile-takeovers/
https://splash247.com/genco-adopts-poison-pill-to-limit-hostile-takeovers/Fabrication technology specialist ESAB has enhanced its Rogue ES and ET line of inverters by adding DC Pulsed Stick welding functionality to all three models in the series.The models that received the upgrade include Rogue ES 151iP PRO and Rogue…
https://www.marinelink.com/news/esab-enhances-rogue-stick-tig-inverters-530607
https://www.marinelink.com/news/esab-enhances-rogue-stick-tig-inverters-530607Fabrication technology specialist ESAB has announced that its new Rogue EMP 210 PRO, a compact, multiprocessor welding power source, is now in stock and available through standard distribution and online sales channels. The Rogue EMP 210 makes…
https://www.marinelink.com/news/esabs-new-rogue-emp-pro-compact-530609
https://www.marinelink.com/news/esabs-new-rogue-emp-pro-compact-530609