Star Bulk Carriers Corp. (NASDAQ: SBLK) has taken delivery of the Star Aurora, a 2000-built, 171,199 dwt Capesize vessel. The vessel has been delivered to its charterer, Rio Tinto, for a three-year time-charter employment at a gross daily rate of $27,500. The vessel's $42.5m acquisition price was funded by a combination of company cash and $26m loan from a major European bank at favorable terms.
Dutch maritime design house Vuyk Engineering was selected by heavy lift shipping and offshore transportation contractor Jumbo…
Ofiniti has acquired maritime intelligence company Teqplay, expanding its maritime fuel operations platform with vessel tracking…
Dutch maritime design firm Vuyk Engineering has been selected by heavy-lift shipping and offshore transportation contractor…
Dubai-based GMS has won U.S. government approval to scrap four container ships that were under Iran-related sanctions, potentially…
IntroductionAs the global maritime industry accelerates its decarbonization transition, battery technology is becoming a core pillar of next-generation vessel power systems.
As regulatory requirements grow more complex and the demand for accurate, accessible data increases, more operators are questioning whether paper-based recordkeeping can keep up.
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