Marine link
 

Bulk Vessel

Diana Shipping Announced Vessel Delivery, Time Charters

Diana Shipping Inc. announces delivery of the newly built Capesize Dry Bulk Carrier m/v Santa Barbara; time charter contracts for m/v Polymnia with Vroon and m/v Danae with Glencore   Diana Shipping Inc. announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v Santa Barbara (formerly Hull No. BC18.0-51), a 179,426 dwt newly built Capesize dry bulk vessel that the company entered into an agreement to purchase in December 2014.   The company also announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Vroon Dry Cargo Chartering B.V., Breskens, for one of its Post-Panamax dry bulk vessels, the m/v Polymnia. The gross charter rate is $7,500 per day, plus $237,500 ballast bonus, minus a 5% commission paid to third parties, for a period of minimum nine months to maximum 13 months. The charter is expected to commence January 17, 2015.   The Polymnia is a 98,704 dwt Post-Panamax dry bulk vessel built in 2012.   Additionally, the company announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Glencore Grain B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Danae. The gross charter rate is $7,650 per day, minus a 3.75% commission paid to third parties, for a period of minimum 11 months to maximum 14 months. The charter is expected to commence on January 16, 2015.  


Danish Shipping Firm Sells Tankers

A/S Dampskibsselskabet Torm, a Danish shipping company, is selling three of its tankers for a total of $63m. The move is part of Torm's strategy of selling older bulk vessels so it can build its fleet of bigger Panamax bulk vessels. Torm did not disclose who is buying the three older vessels. Following delivery of the three vessels, TORM's owned fleet will consist of 30 product tankers and five dry bulk vessels. Besides its owned fleet, the company operates nearly 100 ships


Diana Shipping, Clearlake Extend Charter

Myrsini (photo: Diana Shipping)

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that it has agreed to extend the present time charter contract with Clearlake Shipping Pte. Ltd., Singapore, for one of its Kamsarmax dry bulk vessels, the m/v Myrsini. The gross charter rate will remain $15,500 (USD) per day, minus a 4.75% commission paid to third parties, for a period of up to minimum February 15, 2015 to maximum May 10, 2015


Diana Shipping Charter Out Panamax Bulker at Daily US$11k

MV Triton: Photo credit Diana Shipping

Diana Shipping Inc. has time- chartered out the 75,336 dwt MV Triton to Bunge S.A., Geneva, at a gross charter rate of US$11,000 per day, minus a 5% commission paid to third parties, for a period of up to minimum September 1, 2014 to maximum October 31, 2014. The charter is expected to commence on December 8, 2013. The owners add that this employment is anticipated to generate approximately US$2.86 million of gross revenue for the minimum scheduled period of the charter.


Diana Shipping Charters Bulk Vessel to RWE

dslogo.png

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has announced that it has entered into a time charter contract with RWE Supply & Trading GmbH, Essen, Germany, through a separate wholly-owned subsidiary, for one of its Capesize dry bulk vessels, the m/v JK Pioneer, to be renamed P. S. Palios. The gross charter rate is $18,350 per day, minus a 5% commission paid to third parties, for a period of about 22 months to maximum December 31, 2015


DryShips Agrees to Sell, Buy and Build

Greece-based industrial shipper DryShips Inc. on Monday said it plans to sell an older bulk carrier, buy a newer model and signed $66.5min contracts to build two dry bulk vessels. The company said it agreed to sell its 1995-built panamax bulk carrier for about $35 million, with delivery scheduled for the end of the year. The company will buy a larger panamax bulk carrier, built in 2000, for about $40.8 million for delivery in the fourth quarter


Scorpio Bulkers Continue Newbuilding Spending Spree

A Scorpio Bulker: Image courtesy of the owners

Scorpio Bulkers inc. announce newbuilding agreements for 3 Capesize dry bulk vessels for an aggregate of US$162-million from the South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering Co., Ltd. (DSME). The three Capesize dry bulk carriers of 180,000 dwt each are to be built at DSME's subsidiary facility Daewoo Mangalia Heavy Industries S.A. in Romania. All these 180,000 dwt ships are to be built in Romania and are of the same specification with the first two to be delivered


Scorpio Bulkers Lay Out Another US$157-Million on New Ships

Photo courtesy of Scorpio Bulkers

Scorpio Bulkers Inc. has entered into agreements to purchase five Kamsarmax dry bulk vessels currently under construction in a Chinese shipyard as listed below: Yard                                                       &n


Diana Shipping Inc. Announces Time Charter Contract

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 a time charter contract with Rio Tinto Shipping Pty, Ltd.,  Melbourne, Australia, through a separate wholly-owned subsidiary, for  one of its Panamax dry bulk carriers, the m/v Melia.   The gross charter  rate is US$9,700 per day, minus a 3


Diana Shipping Inks Time Charter Contract for Capesize Bulker

Diana Shipping Inc.(NYSE:DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, announced that it has entered  into a time charter contract with Morgan Stanley Capital Group Inc., through a separate wholly-owned subsidiary, for one of its Capesize dry bulk carriers, the m/v "Salt Lake City".   The gross charter rate is US$13,000 per day, minus a 5% commission paid to third parties


Star Bulk Adds Jennifer

Pic: Star Bulk Carriers Corp

 Star Bulk Carriers Corp has added M/V Star Jennifer (ex "Ore Hansa), a 82,290 dwt Kamsarmax bulk carrier, built in 2006, to its fleet.   The Company completed the acquisition of 34 vessels from Excel Maritime Carriers Ltd under an "en bloc" transaction announced on


Capesize Bulk Ship Delivered to Seanergy

Seanergy Maritime Holdings Corp., a shipping company specializing in the ownership and operation of dry bulk vessels, announced the delivery of the 171,199 dwt Capesize dry bulk vessel M/V Leadership. The vessel was acquired from an unaffiliated third party and was built by Imabari-Koyo


Houston Ship Channel Remains Partially Shut

Marine traffic in the Houston Ship Channel will remain partially halted until salvage ships retrieve an anchor that broke off a bulk carrier that collided with a tanker on Monday, the U.S. Coast Guard said on Tuesday.   The bulk ship hauling steel and the tanker that was carrying 216


Newlead Bags Panamax COA

Michael Zolotas, Chairman and Chief Executive Officer of NewLead says -Our strategy for 2015 is to continue to grow our fleet while taking advantage of market opportunities

  NewLead Holdings Ltd. announced today that it has entered into a Contract of Affreightment for one of its dry bulk vessels, the Panamax Newlead Markela, for the transportation, anticipated to be completed within a twelve month period, of approximately 704


Two Newbuilds Delivered to Star Bulk

Star Bulk Carriers Corp. took delivery on February 27 of M/V Honey Badger (ex HN NE 164) and M/V Wolverine (ex HN NE 165), two 61,000 dwt Ultramax bulk carriers built by Nantong COSCO KHI-Ship Engineering Co. (NACKS). The new vessels are the first two of four similar vessels ordered at NACKS


Panama Canal Authority Holds Hearing on New Toll Structure

       Photo courtesy of the Panama Canal Authority

  The Panama Canal Authority (ACP) is holding a public hearing today on a proposed toll structure change. The proposed restructuring, which the ACP Board of Directors approved on December 24, calls for each ship segment to be priced based upon different units of measurement


Diana Shipping Extends Time Charter

Photo courtesy: Diana Shipping

Diana Shipping Inc. has, through a separate wholly-owned subsidiary, agreed to extend the present time charter contract with Glencore Grain B.V., Rotterdam, for one of its Panamax dry bulk vessels, the 73,593 dwt m/v Arethusa built in 2007.


NewLead Holdings Company Update

  NewLead Holdings Ltd. has succeeded in growing the fleet of the Company from two to ten vessels in less than one year following its growth strategy and delivering on its commitments. NewLead's fleet has been entirely transformed to include younger, flexible in size


China's COSCO Group Returns to Profit

Logo

China Ocean Shipping Group Co (COSCO) returned to profit in 2014 after three years of losses, state media said on Saturday, citing an interview with the group's chairman. The state-backed shipping conglomerate, which controls China COSCO Holdings Co Ltd , had a profit of 5.04 billion yuan ($809


COSCO Gets $1.75 bln Loan to Buy Ships

China Ocean Shipping (Group) Company has received a $1.75 billion loan from the Export-Import Bank of China to buy 53 new ships, which it plans to order from Chinese shipyards, the firm said on Monday. The state-backed shipping conglomerate, which controls China COSCO Holdings Co Ltd


Clipper Establishes New Supramax Pool

Clipper Phoenix (Photo: Clipper)

Clipper has established the Clipper Sapphire Pool, a new commercial pool for modern Supramax grab fitted bulk carriers between 52,000 and 58,000 deadweight. The new pool will commence operation immediately, with 16 vessels initially committed to join in early 2015


Panama Canal Polls Industry on Proposed Fees

ACP Administrator/CEO Jorge Luis Quijano (Image: Courtesy ACP)

ACP touts new Toll Structure as reflecting value of route and better customer service. The Panama Canal Authority (ACP) has announced a proposal for a new toll structure, following more than a year of informal consultations with representatives from various industry segments.


Diana Charters Bulk Carier to RWE

Diana Shipping Inc., through a separate wholly-owned subsidiary, has entered into a time charter contract with RWE Supply & Trading GmbH, Essen, Germany, for one of its Capesize dry bulk vessels, the m/v Houston. The gross charter rate is $12


Diana Shipping Announces Glencore Contract

Diana Shipping Inc., through a  separate wholly-owned subsidiary, has entered into a time charter contract with Glencore Grain B.V., Rotterdam, for one of its Kamsarmax dry bulk vessels, the m/v Myrto. The gross charter rate is $9,850  per day minus a 5% commission paid to third


Diana Shipping Announces $53.5m Drawdown

Diana Shipping Inc. announces signing and drawdown of a $53.5 million term loan facility with BNP Paribas; announces time charter contract for m/v Nirefs with Glencore   Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright