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Diana Shipping Inks Two Time Charters
Diana Shipping Inc. (NYSE:DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, has announced that it has entered into…
Diana Shipping Announces another Time Charter
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, has announced that it has entered into a time charter…
Diana Shipping Inc. Announces Time Charter Contract
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, has announced that it has entered into a time charter…
Caroline Oetker & Ida Oetker
Two New Ships for A.O. In May 2012, A.O. Schiffahrt celebrated the christening of the Kamsarmax bulk carrier Caroline Oetker at the yard of Taizhou Catic Shipbuilding, near Shanghai. The sister vessel Ida Oetker was due to be christened at the same location on June 26. Both ships have a capacity of 82,000 dwt, and measure 229 x 32 m. Sponsor of the Caroline Oetker was Daniela Oetker, wife of Alexander Oetker, owner of A.O.
New Bulker, Drawdown Loans Actioned by Diana Shipping
Diana Shipping Inc. signs MOU to buy a new-building bulk ship from a third party; subsidiaries negotiate term loan facilities. The new-building Kamsarmax dry bulk carrier…
LNG Fuelled Bulk Carrier Design Developed
‘Clean Sky’ design Kamsarmax project moves industry far beyond the concept stage for gas powered bulk carriers. Lloyd’s Register has provided approval in principle (AIP) for the new ‘Clean Sky’ bulk carrier design incorporating an LNG-as-fuel system. COSCO, Golden Union and Lloyd’s Register started the project in June 2011 to investigate the potential to develop a commercially viable bulk carrier design based on an existing COSCO conventional design, but employing gas powered propulsion systems.
China Shipyard Delays Delivery, Contract Cancelled
Due to continuous delays in the construction and delivery of two Kamsarmax bulkers, Ultrabulk cancels. The bulkships were originally to be built at Zhoushan Jinhaiwan Shipyard Co. Ltd., China, but the yard failed to finish the construction within agreed contractual delivery terms. The contracts were originally entered into and announced in 2010 (Company announcement # 25/2010) for long term charter of both vessels up to 12 years of duration.
Banks Agree to Exend Excel's Equity Raising Period
Troubled Greece-based Excel Maritime Carriers has agreed with its lenders to effectively extend its equity raising commitment through December 31, 2012. Excel Maritime…
Golden Ocean Agrees Late Deliveries from Chinese Shipyard
The agreement is related to the two Kamsarmax vessels Golden Excellence and Golden Explorer, and the Capesize vessel Golden Nantong. Due to delay in the construction…
Indian Company to Buy VLGC
The Great Eastern Shipping Company Limited (G E Shipping) has signed contract to buy a Very Large Gas Carrier (VLGC) of about 49,700 dwt (75,000 cbm). The 1990-built…
Two New Ships for A.O. Schiffahrt
On Saturday, 19 May 2012, A.O. Schiffahrt celebrated the christening of the Kamsarmax bulk carrier Caroline Oetker at the yard of Taizhou Catic Shipbuilding, near Shanghai. The sister vessel Ida Oetker was due to be christened at the same location on 26 June. Both newbuildings have a capacity of 82,000 dwt, and measure 229 x 32 m. Sponsor of the Caroline Oetker was Daniela Oetker, wife of Alexander Oetker, owner of A.O.
New One-year Time Charters for Two Excel Maritime Bulkers
New one-year time charters for two dry bulk carriers of Excel Maritime Carriers Ltd. Kamsarmax M/V Iron Vassilis (82,257 dwt; built in 2006) and Panamax M/V Grain Express (76…
Excel Announces Bulk Carrier Contracts
Excel Maritime Carriers Ltd. (NYSE: EXM), an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportation services for dry bulk cargoes…
TORM Sells Two Bulk Newbuilding Contracts
TORM has entered into an agreement to sell two Kamsarmax bulk newbuilding contracts. The two vessels contracted in 2007 were scheduled for delivery in the fourth…
Paragon Reports 2Q and 6-Month Financial Results
Paragon Shipping Inc., a shipping transportation company specializing in drybulk cargoes and containers, announced its results for the second quarter and six months ended June 30, 2011.
Excel Maritime Enters Time Charters
Excel Maritime Carriers Ltd (NYSE: EXM), an owner and operator of dry bulk carriers and provider of seaborne transportation services for dry bulk cargoes, announced…
G E Shipping Takes Delivery of Kamsarmax Dry Bulk Carrier
The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of its new building Kamsarmax dry bulk carrier “Jag Aditi”. The vessel of about 80,700 dwt was built at STX Offshore & Shipbuilding Co.Ltd, South Korea. With the induction of “Jag Aditi”, the Company’s fleet stands at 35 vessels, comprising 27 tankers (10 crude carriers, 16 product tankers, 1 LPG carrier) and 8 (1 Capesize, 2 Kamsarmax…
GE Shipping Takes Delivery of Jag Aditi
According to a report from SteelGuru, Great Eastern Shipping company has announced that the company took delivery of its new building Kamsarmax dry bulk carrier Jag Aditi.
Safe Bulkersport Q3 & Nine Month Results
Safe Bulkers, Inc. (NYSE: SB), an international provider of marine drybulk transportation services, announced its unaudited financial results for the three- and nine- month periods ended September 30…
TORM Sells Two Dry Bulk Newbuilds
TORM has entered into an agreement to sell the two Kamsarmax dry bulk newbuildings TORM Karen and TORM Kate. Both vessels are planned to be delivered to TORM in Q1 2011.
