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Wah Kwong expands fleet with ultramax newbuilds 25 April 2024 Kwong has recently inked a deal with New Dayang Shipbuilding for the construction of two Ultramax bulk carriers, signaling a strategic expansion in its fleet. The Crown 63 Plus design vessels, contracted from the shipbuilding arm of Sumec Group, reflect... Type: Article Category: Equipment & technology Hengli secures four bulkers from Ciner Shipping 24 April 2024 in their shipbuilding portfolio. The contract encompasses the construction of four 82,000 deadweight tonnage (dwt) bulk carriers, each equipped with scrubbers. Scheduled for delivery between March and September 2027, these vessels represent a strategic... Type: Article Category: Markets & trade Jinhui Shipping expands fleet with landmark charter 22 April 2024 of 33-36 months. This marks a strategic move for Jinhui Shipping, reflecting its shift towards medium and large bulk carriers. The company's fleet expansion comes after a series of adjustments, including the sale of smaller vessels and the acquisition... Type: Article Category: Markets & trade Rio Tinto embraces Alfa Laval air tech 19 April 2024 companies adopting sustainable practices by testing Alfa Laval's OceanGlide air lubrication system on one of its bulk carriers. This move reflects the growing trend among dry bulk majors, including Berge Bulk and Vale, to explore fuel-saving... Type: Article Category: Equipment & technology Sanmar’s electric tugs transform port operations 19 April 2024 towing capabilities. Commissioned for the Neptune Terminal in British Columbia, these tugs are set to handle bulk carriers for coal exports, contributing to cleaner maritime practices. The introduction of electric-powered tugs aligns with SAAM's... Type: Article Category: Equipment & technology Qingdao Shipyard launches dual bulk carrier construction 18 April 2024 subscribers.","link":"1"}]Eworldship shares that Qingdao Shipyard Co., Ltd. commenced construction on two 82,000-ton bulk carriers for Seatankers simultaneously. Representatives from Seatankers, DNV classification society, Qingdao Maritime Safety... Type: Article Category: Equipment & technology Global leaders forge North Pacific green corridor 17 April 2024 members include prominent entities such as Canadian National Railway Company (CN), Mitsubishi Canada, NYK Bulk & Projects Carriers, Oldendorff Carriers, and Teck Resources Limited (Teck), among others. The consortium is open to additional members and... Type: Article Category: Markets & trade Fredriksen's Seatankers orders Newcastlemax Newbuilds 15 April 2024 their recent ordering spree, which commenced earlier this year with up to eight conventionally fuelled Very Large Crude Carriers (VLCCs) at Dalian Shipbuilding Industry Co (DSIC), set to be delivered within the next two to three years. Notably, this is... Type: Article Category: Markets & trade OTEKO's coal expansion unveiled 15 April 2024 With a loading speed designed for 8 thousand tons of coal per hour, the terminal can efficiently service Capesize bulk carriers with a deadweight of 220 thousand tons daily. Vitaly Tsybulsky, the general director of OTEKO bulk terminal, lauded the... Type: Article Category: Ports & handling Industry giants collaborate on ammonia-fueled ships 12 April 2024 and the commercialization of ammonia-fueled ships, with a pilot project involving 200,000 deadweight ton class bulk carriers. The execution of this MOU signifies a significant milestone in the maritime industry's quest for sustainable fuel alternatives.... Type: Article Category: Equipment & technology Oldendorff revolutionizes port operations 11 April 2024 Innovative solution to enhance efficiency and transparency (CW Group) Smart Maritime Network unveils Oldendorff Carriers' partnership with Greek technology firm Harbor Lab to implement its disbursements data platform for port transactions. Oldendorff's... Type: Article Category: Ports & handling Star Bulk seals Eagle Bulk merger 10 April 2024 Major consolidation in dry bulk shipping (CW Group) MarineLink notes that Star Bulk Carriers has successfully finalized its acquisition of Eagle Bulk Shipping Inc., marking a significant consolidation in the dry bulk shipping industry. The USD 2.1... Type: Article Category: Markets & trade Dry bulk fleet ageing amidst sluggish demolition activity 10 April 2024 Xclusiv highlighting a decline in scrapping rates. According to Xclusiv, during 1Q2024, 1.77 million DWT of bulk carriers and tankers were scrapped, up from 1.16 million DWT in 4Q2023. However, the dry market has seen subdued recycling activity since... Type: Article Category: Markets & trade Spanish company strikes lucrative deal in China 10 April 2024 a recent development reported by El Mercantil, Empresa Naviera Elcano has successfully sold two 2005 bulk carriers to Chinese interests, reaping significant returns in the process. The company, chaired by María del Rosario Martín Alonso, capitalized on... Type: Article Category: Markets & trade Gearbulk expands fleet with new bulker contracts 09 April 2024 according to Splash247.com, has entered into agreements for the construction of up to four ammonia and methanol-ready bulk carriers at CSSC Huangpu Wenchong Longxue shipyard in China. The contract encompasses the construction of two firm vessels,... Type: Article Category: Equipment & technology Turkmen Shipyard secures IMO numbers for bulk carriers 08 April 2024 and repairing yard has obtained IMO numbers from the International Maritime Organization for two 6100-tonnage bulk carriers currently under construction in collaboration with Koryo Shipbuilding Industry Technology. IMO numbers, introduced in 1987 by the... Type: Article Category: Equipment & technology Bulk carrier giant's major expansion 08 April 2024 rebranded in February 2024, emphasizing its commitment to service excellence and innovation. Currently boasting 11 bulk carriers in its fleet, averaging 6 years in age, the company also has 18 chartered bulk carriers and plans for 10 new deliveries... Type: Article Category: Equipment & technology KfW IPEX-Bank backs eco-friendly bulk carrier project 03 April 2024 shipping group C. Armateurs, a part of the Cobelfret group, in modernizing its fleet with eco-friendly bulk carriers. The financing will facilitate the construction of two identical Kamsarmax dry bulk carriers at the Japanese shipyard Oshima... Type: Article Category: Markets & trade Increase in bulk cargo traffic boosts Japdeva's prosperity 03 April 2024 Canal and Puerto Caldera, prompting a shift in shipping routes. Executives at Japdeva highlight the arrival of more bulk carriers, primarily transporting rice, corn, and soybeans from the United States, marking a strategic turn towards the Caribbean.... Type: Article Category: Markets & trade Thriving second-hand bulk carrier market 03 April 2024 to Eworldship.com, the first quarter of 2024 witnessed robust demand for second-hand bulk carriers, with notable increases in transactions across various ship types. In the first three months of 2024, the second-hand dry bulk carrier market experienced... 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