January 27th, 2021
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Headlines

Bimco_tanker

After the party, the hangover is proving drawn out for tanker shipping

Diamond Offshore Announces Comprehensive Restructuring Plan
Hyundai Mipo wins order for petrochemical carrier pair
Azamara acquires the Pacific Princess
Diamond-drillship
Diamond Offshore Announces Comprehensive Restructuring Plan

Diamond Offshore Drilling, Inc. announced that it has entered into a plan support agreement with holders of over 70% of each of its senior unsecured notes and revolving credit facility loans regarding a financial restructuring transaction that will significantly deleverage the Company's balance sheet and position the Company for future growth.

Hyundai-Mipo
Hyundai Mipo wins order for petrochemical carrier pair

Hyundai Mipo Dockyard has signed a sales and supply contract for two petrochemical product carriers worth KRW 80 billion ($72.7 million).

Yamal
Cosco invests in three LNG carriers for Arctic LNG 2

Cosco Shipping Energy Transportation announced the approval of a plan to invest in three LNG carriers for the Arctic LNG 2 project, set for delivery 2023.

anh1 Interviews
anh3 Market Reports

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In Depth

PHOTO_Pierfrancesco Vago_CLIA_220121

October 8, 2014

Pierfrancesco Vago of MSC Cruises Named Global Chairman

Pierfrancesco Vago, Executive Chairman of MSC Cruises, has been appointed to a two-year term as…

Top Stories

Bimco_tanker

October 8, 2014

After the party, the hangover is proving drawn

Tanker shipping was in many ways the odd one out of the shipping sectors in…

Azamara

October 8, 2014

Azamara acquires the Pacific Princess

The Pacific Princess ship will join Azamara’s fleet as the line’s fourth ship, and the…

ABS

October 8, 2014

Joint Study Exploring Potential for Ammonia as a

ABS, Nanyang Technological University (NTU), Singapore, and the Ammonia Safety and Training Institute (ASTI) are…

pirates_Somali

October 8, 2014

Explainer: Why are pirates attacking ships in the

Pirates are stepping up attacks on ships in West Africa’s Gulf of Guinea, defying regional…

Dalian Iron Ore

October 8, 2014

Dalian iron ore futures trade range-bound as steel

Benchmark iron ore futures in China were trading in a narrow range on Monday, following…

KSOE

October 8, 2014

KSOE Extends Deadline for DSME Acquisition to June

Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding holding company of Hyundai Heavy Industries Group,…

Editor’s Picks

Diana Shipping

January 22, 2021

0 Comment

Diana Shipping Announces Time Charter Contract for m/v Calipso

Diana Shipping, a global shipping company specializing in the ownership…

Angeliki Frangou

January 21, 2021

Navios Logistics Announces Submission of Confidential Draft Registration Statement

Navios Logistics announced it has confidentially submitted a draft Registration…

Avin

January 19, 2021

Avin International orders ammonia-ready suezmax

Avin International LTD has ordered a Suezmax tanker from the…

Globus

January 14, 2021

Globus Maritime seals new supramax charter

Globus Maritime Limited, a dry bulk shipping company, announced that…

Dry Cargo

Nantong Xiangyu

Nantong Xiangyu Shipbuilding clinches orders for up to 6 bulk carriers

Diana Shipping Announces Time Charter Contract for m/v Calipso
BIMCO: 1,427 Capesize journeys in the first 20 days of the year

Tankers

Bimco_tanker

After the party, the hangover is proving drawn out for tanker shipping

Indonesia seizes Iran, Panama-flagged tankers over alleged illegal oil transfer
DHT acquires Awilco VLCC pair for $136m

Containers

ZIM

ZIM Announces Launch Of Initial Public Offering

CMA CGM increasing capacities, strengthening customer offer
Global container volumes down 1.7% in first 11 months of 2020

Gas

Yamal

Cosco invests in three LNG carriers for Arctic LNG 2

Sovcomflot, Total sign long-term LNG carrier deal
Avance Gas agrees contracts for two dual fuel VLGC newbuildings with DSME

Offshore

Diamond-drillship

Diamond Offshore Announces Comprehensive Restructuring Plan

Subsea 7 awarded contract offshore Angola
Norway Set to Award Arctic Drilling Permits in Q2

Shipbuilding

Hyundai-Mipo

Hyundai Mipo wins order for petrochemical carrier pair

KSOE Extends Deadline for DSME Acquisition to June This Year
Nantong Xiangyu Shipbuilding clinches orders for up to 6 bulk carriers

Top Videos

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Finance & Economy

Diamond-drillship

October 8, 2014

Diamond Offshore Announces Comprehensive Restructuring Plan

Diamond Offshore Drilling, Inc. announced that it has entered into a plan support agreement with…

Castor Maritime

October 8, 2014

Castor Maritime Announces $15.3 Million Debt Financing

Castor Maritime Inc., a global shipping company specializing in the ownership of dry bulk vessels,…

global-ship-lease

October 8, 2014

Global Ship Lease: Closing of Full Redemption of

Global Ship Lease announced that it has closed on its previously announced full redemption of…

Seaspan

October 8, 2014

Seaspan Announces Pricing of US $200 Million Senior

Seaspan, a wholly owned subsidiary of Atlas Corp., announced that it has successfully priced US…

Angeliki Frangou

October 8, 2014

Navios Logistics Announces Submission of Confidential Draft Registration

Navios Logistics announced it has confidentially submitted a draft Registration Statement on Form F-1 to…

Shipping News

Azamara

October 8, 2014

Azamara acquires the Pacific Princess

The Pacific Princess ship will join Azamara’s fleet as the line’s fourth ship, and the…

ABS

October 8, 2014

Joint Study Exploring Potential for Ammonia as a

ABS, Nanyang Technological University (NTU), Singapore, and the Ammonia Safety and Training Institute (ASTI) are…

pirates_Somali

October 8, 2014

Explainer: Why are pirates attacking ships in the

Pirates are stepping up attacks on ships in West Africa’s Gulf of Guinea, defying regional…

ships

October 8, 2014

Baltic Index Slips As Capesize Rates Weigh

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk…

PHOTO_Pierfrancesco Vago_CLIA_220121

October 8, 2014

Pierfrancesco Vago of MSC Cruises Named Global Chairman

Pierfrancesco Vago, Executive Chairman of MSC Cruises, has been appointed to a two-year term as…

Ports

Antwerp Port

October 8, 2014

Port of Antwerp: Record container throughput limits losses

The total throughput of Port of Antwerp in 2020 amounted to 231 million metric tonnes…

Cork

October 8, 2014

Large Fire at Port of Cork Brought Under

Firefighters have brought a large fire at the southern Irish port of Cork under control…

APM-Terminals

October 8, 2014

APM Terminals sets all-time volume records in Denmark

Despite headwinds from the COVID-19 pandemic and disruptions to global supply chains, APM Terminals secured…

Rotterdam_Port

October 8, 2014

Rotterdam: Arrangements for moderate increase in port tariffs

The three-year arrangement on port tariff increases that exists between the Port of Rotterdam Authority…

Iraq

October 8, 2014

Iraq signs $2.6 billion deal with Daewoo to

Iraq agreed to a $2.625 billion deal with South Korea’s Daewoo Engineering & Construction on…

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