Diana Shipping has entered into a time charter contract with Hong Kong - based China Shipping Bulk Carrier, for one of its Panamax dry bulk vessels, the m/v Calipso. The "Calipso" is a 73,691 dwt Panamax dry bulk vessel built in 2005. The gross charter rate is US$6,000 per day, minus a 5% commission paid to third parties, for a period of minimum ten (10) months to maximum fourteen (14) months. Diana Shipping Inc.'s fleet currently consists of 41 dry bulk vessels (2 Newcastlemax, 12 Capesize, 3 Post-Panamax, 4 Kamsarmax and 20 Panamax). The Company also expects to take delivery of one new-building Capesize dry bulk vessel during August 2015, and two new-building Newcastlemax dry bulk vessels and one new-building Kamsarmax dry bulk vessel during the second quarter of 2016. As of today, the combined carrying capacity of the Company's fleet, excluding the four vessels not yet delivered, is approximately 4.7 million dwt with a weighted average age of 7.17 years. Calipso was previously employed on a two-year timecharter to Cargill, which was fixed at a rate of $8,100 per day on July 1, 2013.
Diana Shipping has chartered the 73,630 dwt, 2004-built panamax, Protefs to Transgrain shipping for 12 – 16 months at a rate of $4,500 per day minus 5% commission. This employment is anticipated to generate approximately US$1.55 million of gross revenue for the minimum scheduled period of the time charter. Diana Shipping Inc.’s fleet currently consists of 43 dry bulk vessels (2 Newcastlemax, 14 Capesize, 3 Post-Panamax, 4 Kamsarmax and 20 Panamax)
Wärtsilä celebrates the inauguration of new office and workshop premises in Hirtshals, Denmark. Over the past year Wärtsilä has invested almost $2.6m in the new building. The office in Hirtshals offers a complete range of services for power plant and ship power sales.The new building has 1200 m2 of office space and a further 400 m2 reserved for the workshop and warehouse. Wärtsilä also has offices in Arden and in Copenhagen in Denmark.
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with Transgrain Shipping B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Alcyon. The gross charter rate is US$7,600 per day minus a 5% commission paid to third parties, for a period of minimum eight (8) months to maximum eleven (11) months
Diana Shipping Inc. a global shipping company specializing in the ownership of dry bulk vessels, today announced that on July 8, 2015, through a separate wholly-owned subsidiary, it entered into a time charter contract with Transgrain Shipping B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Clio. However, due to delays caused by unscheduled repairs to the vessel, the charter agreement was concluded earlier today
Tidewater Inc. signed contracts to build a total of 12 new vessels for $305 million, electing to build eight vessels at two Far East shipyards and four at its subsidiary, Quality Shipyard L.L.C. The $305 million in new build commitments - which fulfills its January 2000-announced plan to spend $300 million upgrading its fleet - falls on the heels of Tidewater's recent purchase of eight similar vessels from The Sanko Steamship Co., Ltd.
Ship Equip announced a contract with Varada Marine to install its SEVSAT (Ship Equip VSAT) maritime broadband solution on the company’s entire fleet of Offshore Supply Vessels. Varada Marine, a company with its head office in Kristiansand, Norway, has announced an extensive new building program at ABG Shipyard Ltd in India. Deliveries of SEVSAT systems will commence in step with the new building program, with the first system already delivered to the yard.
Diana Shipping Inc. today announced that through a separate wholly-owned subsidiary, it has taken delivery of the m/v Selina (formerly “Sunshine”), a 2010 built Panamax dry bulk vessel of 75,700 dwt that the Company entered into an agreement to purchase in February 2016. As previously announced, the Company signed, through two separate wholly-owned subsidiaries, a term sheet with ABN AMRO Bank N.V. for a term loan facility of up to US$25
The ratio of container TEU capacity on-order compared to the trading fleet dropped below 20% in June, reports Braemar Seascope. The broker advises that, as the container industry is expected to take delivery of record volumes of TEU capacity this year, the order book to trading ratio has eroded to approximately 20% in June 2013. Jonathan Roach, Container Market Analyst at Braemar Seascope, said, “With more than 1
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v Seattle. The gross charter rate is US$7,300 per day minus a 4.75% commission paid to third parties, for a period of about eleven (11) months to maximum fourteen (14) months
Eastern Shipbuilding Group, Inc. delivered the M/V CAPT. RICKY TORRES (Hull 194) on October 11, 2016, and the M/V CULLEN PASENTINE (Hull 195) on December 28, 2016; the 64th and the 65th 90’ Inland Towboat to Florida Marine Transporters, LLC of Mandeville, LA
Diana Shipping has taken delivery of the m/v San Francisco (formerly Hull No. H2548) and the m/v Newport News (formerly Hull No. H2549), two new building Newcastlemax dry bulk vessels that were contracted in May 2013. The m/v San Francisco has been time chartered to Koch
SCA’s Matt Paxton weighs in on the state of domestic shipbuilding – workboat building & everything in between. As President of the Shipbuilders Council of America, the national trade association representing the U.S. shipyard industrial base
Dubai-based Gulf Ship Management, a wholly owned subsidiary of Gulf Navigation Holding, announced on Tuesday a recent tie up with Switzerland’s SeaQuest Group to set up a ship management joint venture and expand operations in the region.
Euroseas Ltd., Greek owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced that it took delivery of the M/V RT Dagr, a 1,645 teu feeder containership built in 1998.
Britain’s largest independent ship repairer and marine engineering services provider Burgess Marine has improved its service offering by obtaining third party accreditation to CE Mark structural steel and aluminium fabrications, and by signing a framework agreement with design firm Houlder
Terragon Environmental Technologies Inc. and Marship Engineering entered into a contract with Zhejiang Ouhua Shipbuilding China to supply a MAGS V8 for the new build vessel mv Happy Sun of Netherlands based BigLift Shipping (a member of the Spliethoff Group)
GulfNav has marked another milestone by entering into strategic alliances with MENA ENERGY. The strategic alliances for mutual co-operation in ship acquisition, chartering and commercial management aims to set out a platform for the parties to have an enhanced commercial
Niron Staal, part of Damen Shipyards Group, has performed a keel-laying ceremony of the hull of a passenger ferry. On completion, Damen Shipyards Hardinxveld will carry out the final outfitting work of the 5212 RoPax for an African client.
NextDecade Global Solutions, a subsidiary of NextDecade, LLC, and FLEX LNG have signed a Heads of Agreement (HOA) to create a full value chain solution for customers looking to purchase LNG from NextDecade’s Rio Grande LNG export project in Brownsville, TX.
Diana Shipping Inc. today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Newcastlemax dry bulk vessels, “Hull No. H2548” (to be named “San Francisco”)
A Joint Venture comprising The Shipping Corporation of India Ltd. (SCI), Nippon Yusen Kabushiki Kaisha (NYK), Mitsui O.S.K. Lines, Ltd. (MOL), Kawasaki Kisen Kaisha, Ltd. (“K” Line), and Petronet LNG Ltd (PLL), have taken delivery of a new build Liquefied Natural Gas (LNG) carrier MT
Making its debut at the International WorkBoat Show, the new TITAN Line from Radio Zeeland DMP can be connected either to a network or to a wired system and provides wider flexibility and customization with the ability to have a combined digital or analogue display unit within the same panel
Evac Group, the world’s leading provider of integrated waste, wastewater, and water management systems for the marine, offshore, and building industries, has acquired Uson Marine. The acquisition is expected to increase Evac’s market share in dry and wet waste management systems
Meercat Workboats yesterday moved from Portchester to new, purpose built premises in Hythe Marine Park, Southampton, UK. To coincide with the move the company’s management team has been restructured, two new vessels have been delivered and one new order confirmed.