Paragon Shipping Inc. has entered into new two-year time charter contracts for the Calm Seas and the Coral Seas. Both vessels have been forward fixed on period time charters for 23 to 26 months at a gross daily rate of $15,775 per vessel with Intermare Transport GMBH. Michael Bodouroglou, Chairman and Chief Executive Officer of Paragon Shipping, commented that the contracts are scheduled to commence between December 2009 and April 2010.
EST-Floattech has been selected by KOTUG International to provide its containerized energy storage solution with Octopus…
Hong Kong-based shipping company Wah Kwong is finalizing a deal later this month to double the number of liquefied natural…
Carnival Corporation's Cunard cruise line announced it has taken delivery of its newest cruise ship, Queen Anne, from Italian…
Venezuela's loss of a key U.S. license that allowed it to freely export and increase investment in its oil sector will hit…
As the maritime industry continues to rapidly advance with increasingly stringent regulations and ever-evolving technology, staying ahead of the curve requires embracing innovative technological
Abnormal liner wear and seized or broken piston rings can result in costly consequences.
AST has developed and grown, increasingly providing full-service network solutions, far beyond traditional satellite services.
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