Search results for: Carriers

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  • 21 June 2019
    Business & Finance

    The addition of the combined gas carriers boosts the company’s LNG trading fleet to 10 vessels.

  • 15 August 2017
    Business & Finance

    Niche carriers have both outperformed and vastly underperformed the top 16 carriers, with a high degree of volatility in schedule reliability, according to SeaIntel Maritime Analysis. “If on-time performance is a priority, niche carriers offer better rewards, but with higher risks.” The top 16 carriers have both a lower degree of volatility than the niche carriers, […]

  • 20 November 2014

    LPG exports are so dependent on the severity of winter in North America that all eyes are on the weather, as it hit demand for very large gas carriers (VLGCs) last year, according to the latest edition of the LPG Forecaster, published by shipping consultancy Drewry. Last year a shortage of propane in many areas […]

  • 11 March 2014
    Business & Finance

    An NYK Group company, NYK Bulk & Projects Carriers Ltd. (NBP) has signed a contract with Baja Bulk Carriers S.A., a joint venture between the Mitsubishi Corporation and the Mexican government, for a 15-year charter of a newly built bulk carrier specialized to transport salt. The vessel is being built by Oshima Shipbuilding Co. Ltd., […]

  • 12 November 2019
    Business & Finance

    China’s shipping company COSCO Shipping Specialized Carriers has named its newest 62,000 dwt pulp carrier.

  • 30 March 2015
    Business & Finance

     German handysize operator Hamburg Bulk Carriers (HBC) has added 11 bulk carriers originating from the German banking sector to their 3rd party management business. The latest addition to the fleet is comprised of bulk carriers ranging between 53,000 and 82,000 dwt, supplementing the traditional HBC fleet within the handy bulk segment.  The identity of the previous […]

  • 12 July 2019
    Business & Finance

    The companies will jointly market their respective fleets of pneumatic cement carriers.

  • 4 February 2019
    Business & Finance

    Oldendorff Carriers started 2019 with the delivery of five new eco ships.

  • 12 January 2016

    Bulk carrier identified as China Star 107 that went missing for four days sank in East China Sea, according to the latest update from Fujian maritime rescue center, cited by local media. Namely, the search and rescue teams that were looking for the missing bulker have identified a wreck that is confirmed to be the China […]

  • 30 March 2015
    Business & Finance

    Shippers seem to be the greatest beneficiaries of lower marine fuel costs as they see the benefits being passed on to them by carriers, according to Drewry’s Container Insight. Maersk, for example, said in its full-year investor presentation that it assumes 70-80% pass-on of the fuel savings to shippers. Even with that level of generosity, bunkers as […]

  • 3 May 2018
    Business & Finance

    dship Carriers, a part of the deugro Group, has expanded its fleet with two multi-purpose vessels.

  • 6 June 2019
    Business & Finance

    Oldendorff Carriers has completed 23 deals with 3 Chinese leasing companies during the last 12 months. 

  • 23 November 2016
    Business & Finance

    Increased government intervention to provide financial support to struggling carriers could ultimately delay a much-needed restructuring of the container shipping sector, according to Alphaliner. State aid might well prolong the industry’s recovery process, as shipping continues to grapple with the problem of vessel overcapacity. Last week, the government of Taiwan approved a TWD 60 billion […]

  • 6 March 2019
    Business & Finance

    COSCO Shipping Specialized Carriers exercises options to build four 62,000-ton multipurpose pulp carriers. 

  • 17 January 2016
    Business & Finance

    Canada’s Algoma Central Corporation has entered into a joint venture agreement with Nova Marine Holding SA of Luxembourg and its subsidiaries to create a specialized global fleet of cement carriers. Under the deal, Algoma will own 50% of the joint venture, which is to be named NovaAlgoma Cement Carriers or NACC. “We are very excited […]

  • 6 September 2011
    Business & Finance

    Kawasaki Heavy Industries, Ltd. has recently delivered the Cape Sasanqua bulk carrier, with a capacity of 205,000 DTW (Kawasaki hull no. 1655, NACKS hull no. 97), for KAW 1655 Shipping S.A. at Nantong COSCO KHI Ship Engineering Co., Ltd. (NACKS) in Nantong, China. Features of the Cape Sasanqua – The vessel is fully compliant with […]

  • 22 September 2017
    Business & Finance

    The 1989-built barge carrier Harrier is still under arrest in Norway after its owners failed to illegally set sail for the scrapping yards in Gadani, Pakistan, in February. The Norwegian environmental authorities arrested the ship, previously named Tide Carrier, on April 5 after it had been sold for scrapping. According to the NGO Shipbreaking Platform, the owners are […]

  • 15 October 2018
    Business & Finance

    Samsung Heavy Industries secures a contract for the construction of one LNG carrier. 

  • 4 June 2012
    Business & Finance

    Ship Finance International Limited, today announced that it has agreed to sell the 20-year old combination carrier Front Rider to an unrelated third party and has simultaneously agreed to terminate the corresponding charter party with a subsidiary of Frontline Ltd. (“Frontline”). Delivery to the new owner is expected to be in July 2012 and Ship […]

  • 10 September 2015
    Business & Finance

    Owner of drybulk carriers DryShips Inc. has entered into firm sales agreements with entities controlled by the Company’s Chairman and Chief Executive Officer, George Economou, to sell 17 vessels. The 17 vessels, comprised of 13 Capesize and 4 Panamax bulk carriers, are being sold for an aggregate price of USD 377 million, DryShips said. The […]

  • 8 January 2015
    Business & Finance

    China Cosco Holdings had disassembled 17 vessels, including four container vessels and 13 bulk carriers in the fourth quarter of 2014, as part of its previously announced fleet renewal project The vessels, with the aggregate capacity of 919,853 deadweight tons, were disposed of as scrapped vessels to different purchasers at a total consideration of approximately RMB […]

  • 17 October 2016
    Business & Finance

    Germany-based shipowner and operator Oldendorff Carriers confirmed that it purchased a total of eight vessels since August 2016. Namely, the company said that it bought 3 Babycapes and 5 Post Panamax bulk carriers to supplement its owned fleet. The company’s latest purchase includes the 2011-built Post Panamax bulk carriers UBC Onsan and UBC Ohio. Bought from Oldendorff’s compatriot shipping […]