Diana Shipping Inc. announces time charter contract with Dai An Ocean Shipping
The employment of the vessel, m/v DSI Polaris, is anticipated to make a gross revenue of US$10.37 million.
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Success for GENMA as they deliver two custom-engineered ship loaders for an Indonesian customer.
With current capacity utilisation close to 100%, GE Shipping expands its fleet through the acquisition of a second-hand Karsarmax dry bulk carrier.
This expansion signifies Canfornav's commitment to strengthening its presence in the Asian market, adding a new hub to its global operations.
The order marks the launch of Saudi Arabia’s first large-scale shipbuilding project, strengthening the Kingdom’s position as a global maritime hub.
A combination of strong trade and high port waiting times will see the trade employ around 15% of Capesize vessels in 2025.
Since 2023, U-Ming has actively promoted a low-carbon fuel substitution strategy, gradually increasing the use of liquefied natural gas (LNG) as marine fuel.
The US will cut extra tariffs it imposed on Chinese imports in April this year to 30% from 145% and Chinese duties on US imports will fall to 10% from 125%, the two countries said on Monday, according to Reuters.
Berge Bulk and BHP have joined forces to pioneer an iron ore voyage from Australia to China powered entirely by B100 biodiesel.
Martin Engineering has announced fresh expansion in Central Asia with a new business unit in Kazakhstan.
