Giuseppe Bottiglieri purchased two more newbuildings at Chinese shipyard Jiangsu Yangzijiang. The President of Giuseppe Bottiglieri di Navigazione SpA shipowning company said that the two bulkcarriers are sister vessels of the six Post Panamax (92.500 dwt) ordered last January. According to the company, in an effort to build the company’s modern fleet of bulk carriers, this $100m investment in the dry cargo sector comes after an order that was placed in January.
STX Shipbuilding Co., said on Jan. 29 that it has won a deal valued at $215 million to build two bulk carriers. The deal from a European shipping company calls on STX Shipbuilding to deliver the vessels by June 2010, the company said in a regulatory filing. The shipbuilder won deals valued at more than $10 billion last year to build 170 vessels including bulk carriers. In 2006, STX Shipbuilding clinched shipbuilding orders valued at $4 billion.
Daewoo Shipbuilding and Marine Engineering Co., said it won shipbuilding orders worth a total of $520m from . Daewoo said in a filing to the Korea Exchange the orders were for two very large crude oil carriers (VLCCs) and two bulk carriers. Source: Reuters
South Korean shipbuilder STX Shipbuilding won a $211.8m order to build two bulk carriers for an undisclosed European firm. The vessels will be delivered by mid-2010.
Cosco Corp has won $256.2m worth of shipbuilding and conversion contracts, reports said. The company will build two bulk carriers for a German customer to be delivered in 2010 and 2011. The 9 conversion contracts it won are slated for completion by the fourth quarter 2009.
COSCO Corporation (Singapore) announce that subsidiaries of the Company’s 51% owned COSCO Shipyard Group have delivered three more bulk carriers to Asian owners 1. COSCO (Guangdong) Shipyard Co., Ltd has delivered two bulk carriers of 57000 DWT, “Wuxing 5” and “APJ SHIRIN”, respectively to its Asian buyers. 2. COSCO (Dalian) Shipyard Co., Ltd has delivered a bulk carrier of 92500 DWT, “OCEAN SAPPHIRE”, to its Asian buyer.
Christening of the “Caroline Oetker” and the “Ida Oetker” in Shanghai 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.
Unique System FZE, a Unique Maritime Group company and an integrated turnkey subsea and offshore solution providers, was contracted by ADNATCO-NGSCO to deliver ship performance monitoring solutions that will help to optimize vessel performance and subsequently aim to reduce fuel consumption and carbon emissions. The entire project will be carried out by Unique System FZE, acting as agents for the Iceland based energy management company Marorka ehf
COSCO Corporation (Singapore) Limited's Zhoushan Shipyard subsidiary has won a contract from an Asian buyer to construct two 64,000 dwt bulk carriers. The two bulk carriers are scheduled for delivery in the fourth quarter of 2014. About COSCO COSCO Corporation (COSCO) offers advanced capabilities in ship building, ship repair and conversion, offshore marine engineering supported by seven major shipyards strategically located along China's coastline
The second of Canada Steamship Lines' (CSL) two newbuild Trillium Class Great Lakes bulk carriers, CSL St-Laurent, was delivered on November 26, 2014 and set sail on her maiden voyage on December 13. She departed at 20:00 CST from Yangfan shipyard on Zhoushan Island, China, en route to Canada where she is set to operate throughout the Great Lakes and St. Lawrence River. The vessel is commanded by Captain Kevin Crouse and Chief Engineer Paul Beaudet
Brazilian mining company Vale SA said on Thursday that it expects to receive $448 million from the sale of four dry-bulk iron ore ships to China's state-owned China Merchants Energy Shipping Co in September. The 400,000-deadweight-tonne ships
Pacific Basin Shipping cut its half-year underlying losses by 32 per cent to US$14.6 million from a year ago, thanks to stringent cost-cutting efforts that helped it mitigate an anaemic dry-commodities shipping market. Hong Kong-listed Pacific Basin
India Ratings and Research (Ind-Ra) has maintained a negative-to-stable outlook for the shipping sector for the current financial year. The agency expects the performance of dry bulk and container operators to continue to be affected by weak global trade growth and persistent
Koole Terminals has begun operations at the storage facility for petrol and diesel in Pernis that it recently acquired from BP. The companies have a long-standing relationship. The newly acquired terminal is adjacent to the existing Koole terminal
ClassNK has released PrimeShip-HULL (HCSR) Ver. 2.5.0 in response to the new IACS Common Structural Rules for Bulk Carriers and Oil Tankers (CSR BC & OT). CSR BC & OT, which harmonizes requirements found in both existing Common Structural Rules for bulk carriers and double
General cargo vessels Wan Li 8 and Heng Run collided in early morning on July 13 in position some 25 nm northeast from Zhoushan, 80 nm southeast of Shanghai, leading to the sinking of Heng Run. Sierra Leone-flagged general cargo ship Heng Run (5,287dwt
Diana Shipping Inc., today informed that through a separate wholly-owned subsidiary, it entered into a time charter contract with Cargill International S.A., Geneva, for one of its Panamax dry bulk vessels, the m/v Naias. The gross charter rate is US$6,800 per day minus a 4
June was an active month for U.S. ports receiving a variety of general cargo shipments through the St. Lawrence Seaway. “What’s notable about the June tonnage numbers were increases in the export of U.S. grain to Europe and the import of aluminum and steel to the ports of Cleveland
Cosco Corporation has warned investors of an expected net loss for the second quarter ended 30 June 2015, as against a profit in the previous corresponding period. The company said the loss is mainly due to the low crude oil prices over recent months which have had an adverse impact
The port of Antwerp handled 104,529,242 tonnes of freight in the first six months of this year, up 6.4% on the same period last year. The strong performance during the half year was mainly due to the impressive growth in container freight (up 9.5% in TEU and 7
Star Bulk Carriers Corp. announced that on July 15, 2015 it took delivery of M/V Goliath and M/V Maharaj, two 209,000 dwt Newcastlemax bulk carriers built by Nantong COSCO KHI-Ship Engineering Co. In addition, on July 22, 2015 Star Bulk took delivery of M/V Star Aquarius, a 61
KKR & Co LP's Embarcadero Maritime unit will pay $254.5 million to buy 18 dry bulk and container ships from Commerzbank AG's Hanseatic Ship Asset Management GmbH, the companies said on Thursday. U.S. private equity firm KKR and London-based independent ship operator Borealis Maritime
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
A coal stacker has collapsed at the Mozambique port of Nacala, dealing a blow to Brazilian miner Vale, which is aiming to start coal shipments in the third quarter of this year, three sources told Reuters on Monday. The giant piece of machinery
The dry bulk market looks set for a solid show, although conditions remain more than challenging, analysts with Macquarie said in a note, reports WSJ. As the amount of iron ore and other goods carried by these ships races ahead of new capacity