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WindWings Gains Type Approval Design Certificate
BAR Technologies (BARTech) announced it has been awarded a full type approval design certificate (TADC) for its wind propulsion technology from classification society DNV.Since being awarded an approval in principle (AIP) for its WindWings wind propulsion solution in 2021, inventor and designer BARTech, and industrialization partner Yara Marine Technologies (YMT), have focused on progressing the WindWings design through to the next level of DNV certification.
Castor Sells 2007-built Panamax for $12.6 Million
Shipping company Castor Maritime announced it has completed its sale of a a 2007-built Panamax bulk carrier for $12.6 million. The company had revealed in March that it sold the 73…
J. Lauritzen Orders Two Methanol Dual-fuel Bulk Carriers
Danish shipping company J. Lauritzen said it signed letter of intent for construction of minimum two methanol dual-fuel 81,200 dwt Kamsarmax bulk carriers, which will be built by Tsuneishi Shipbuilding, Japan, and be capable of trading with zero carbon emissions when powered by green methanol, and biodiesel.The vessels will be among the very first zero emission capable bulk carriers in the world, and…
Castor Maritime Sells 2007-built Panamax for $12.6 Million
Shipping company Castor Maritime announced it has sold the 2007-built Panamax bulk carrier Magic Rainbow to an undisclosed buyer for $12.6 million.The 73,593 dwt…
Diana Shipping Announces Time Charter with Cargill
Dry bulk shipping company Diana Shipping announced it it has entered into a time charter contract with Cargill for one of its Kamsarmax vessels.Under the deal, the 2011-built, 82,165 dwt Leonidas P.
Safe Bulkers Sells Panamax Bulk Carrier
Dry bulk shipping company Safe Bulkers announced it has reached a deal to sell one of its Panamax bulk carriers for $22.5 million.The 75,000 dwt Efrossini, built in Japan in 2012…
Safe Bulkers Acquires Kamsarmax Newbuild
Dry bulk shipping company Safe Bulkers announced it has reached a deal to acquire a 81,800 dwt, dry-bulk, Kamsarmax class vessel at an attractive price with a scheduled to be delivered from a Japanese shipyard in the second quarter of 2025.This vessel, a sister to a number of newbuilds in Safe Bulkers' orderbook, features advanced energy efficiency characteristics and lower fuel consumption, the company said.
CSL, Algoma Order Four Self-unloading Bulkers
The CSL Group and Algoma Central Corporation Order a New Generation of Kamsarmax-Based Ocean Belt Self-Unloading ShipsThe CSL Group and Algoma Central Corporation, who together form the CSL International Pool, on Friday announced a newbuild order with Jiangsu Yangzi-Mitsui Shipbuilding Co., Ltd., to construct four new methanol-ready Kamsarmax-based ocean belt self-unloading vessels. These new ships…
Golden Ocean Acquires Six Bulk Carriers
Dry bulk shipowner Golden Ocean Group on Monday announced it has entered into an agreement to acquire six 208,000 deadweight tons (dwt) Newcastlemax vessels for a total consideration of $291 million.
Diana Shipping Takes Delivery of Secondhand Ultramax Bulker
Dry bulk shipowner Diana Shipping Inc. announced on Thursday that it has taken delivery of one of nine secondhand Ultramax bulk carriers that agreed to purchase in August 2022.The vessel…
Diana Shipping Expands Bulker Fleet
Greece-based dry-bulk shipping firm Diana Shipping has taken delivery of the m/v DSI Phoenix (formerly “STH Chiba”), a 2017-built Ultramax dry bulk vessel of 60,456 dwt. The vessel is one of nine modern Ultramax dry bulk vessels that the Company entered into an agreement to purchase in August 2022.Including the newly delivered m/v DSI Phoenix, Diana Shipping Inc.’s fleet now consists of 37 dry bulk vessels (4 Newcastlemax, 11 Capesize, 5 Post-Panamax, 6 Kamsarmax, 8 Panamax and 3 Ultramax).
Diana Bulker to Start Time Charter with Cargill
Diana Shipping Inc. announced it has taken delivery of a newly acquired secondhand bulker that is due to commence a time charter contract with Cargill.The 2018-built…
Safe Bulkers Sells 2006-built Kamsarmax
Dry bulk shipping company Safe Bulkers announced on Monday that it has entered into an agreement to sell one of the older vessels in its fleet to an undisclosed…
Aquavita Charters Diana Shipping's M/V Boston Bulk Carrier
Diana Shipping has entered into a time charter contract with Aquavita International for one of its Capesize dry bulk vessels, the m/v Boston. The gross charter rate is US$20…
Golden Ocean Orders Three Kamsarmax Newbuilds, Sells Two Ultramaxes
Dry bulk shipowner Golden Ocean Group on Friday announced it has entered into agreements for the construction of three bulk carrier newbuilds, as well as for the…
Aframax Tanker Green Admire Delivered to Aegean Shipping
Aegean Shipping announced it has taken delivery of the newbuild Aframax tanker Green Admire. The vessel was handed over on Friday at China Yangzhou Cosco Shipyard Heavy Industry.The ship's design incorporates an optimized hull form powered by a Tier III MAN B&W 6G60ME-C9.5-HPSCR engine for improved fuel efficiency, Aegean Shipping said. With an attained EEDI of 2.99g CO2/t.NM vessel already fulfills phase II of EEDI.
Castor Maritime Lines Up New Charter Agreements
Shipping company Castor Maritime Inc. announced it has secured charter agreements for several of its bulk carriers. The Magic Moon, a 2005 built Panamax dry bulk carrier…
Golden Ocean Sells Three Panamaxes
Dry bulk shipowner Golden Ocean Group Limited announced on Tuesday it has sold three Panamax vessels to an unnamed buyer for a combined $52 million.The three vessels…
Diana Shipping Lines Up Time Charter for Astarte
Greek dry bulk shipping company Diana Shipping announced on Friday it has secured a time charter contract for one of its Kamsarmax vessels.Singapore-based Tongli Shipping will charter the 81…
New Methanol-fueled Bulker Design Unveiled
An innovative methanol-fueled bulk carrier has been designed in a joint development project (JDP) between ABS, SDTR Marine Pte Ltd. (SDTR) and the Shanghai Merchant Ship Design & Research Institute (SDARI).SDTR supplied key operational data and SDARI developed the design with ABS support and review. ABS also provided an analysis of methanol as fuel market outlook, including a vessel performance evaluation…
