April 3rd, 20200Greek dry bulk owner Diana Shipping has sealed a second time charter contract with Cargill this week after fixing 2010-built post-panamax vessel to the commodity trading giant. The charter, which commenced earlier this week, is for a period of 13 to 15 months at a rate of $4,000 per day for the first 60 days and $8,500 per day for...
April 1st, 20200Mediterranean Shipping Company (MSC) has introduced a new flexible cargo service to help fulfil the imminent resumption of demand from Asia and ensure service continuity. According to MSC, the new Suspension of Transit (SOT) programme is part of its ongoing response to the impact of Covid-19 and is focused in particular on a...
March 23rd, 20200The 2005-built 957 teu feeder boxship was boarded by pirates in Gulf of Guinea on Sunday and seven of the 17 crew onboard the vessel were taken by the attackers. The incident happened while the vessel was en route from Lome in Togo to Port Libreville in Gabon. All seven abducted crew members are Ukrainian nationals. AIS tracking...
March 19th, 20200Charter Haus, a new independent shipbroker has been launched this week, promising a product specific approach to shipbroking. Founded by Fabian Purps, Charter Haus has opened its doors in both Singapore and Switzerland with a team of five, all formerly with Brazilship/Scanbrasil. Speaking with Maritime CEO about the new venture,...
March 18th, 20200With the price of oil super cheap, trading house Glencore is reported by Reuters, to have taken one of the world’s only two existing ultra large crude carriers (ULCCs) on a six-month charter to use the ship for floating storage purposes. The 440,000 dwt has been taken by Glencore for $37,000 a day, although officials at the trading...
March 9th, 20200Geneva-based Advantage Tankers has acquired a pair of Chinese-built aframax tankers from Greek owner Olympic Shipping and Management, according to brokers. Seasure Shipbroking and Advanced Shipping & Trading have reported the 2008-built sister vessels Olympic Sea and Olympic Sky as sold on subjects to Advantage Tankers for $21.5m...
February 25th, 20200Swiss geotechnical company Geoquip Marine has secured a contract for its newly acquired geotechnical vessel to support the development of an offshore wind farm. According to Geoquip Marine, Geoquip Speer will carry out seabed CPT work for a major offshore wind farm development in the United States. Geoquip Marine has recently...
February 18th, 20200A group of climate protestors from the Extinction Rebellion campaign group staged protests against commodity houses, including Vitol and Cargill, in Geneva on Monday. The Geneva branch of Extinction Rebellion made an announcement that the group had occupied different buildings of mutinationals and raw materials trading companies, in...
February 17th, 20202Offshore driller Transocean has secured a series of new contracts and extensions according to the company's latest fleet status report. Semi-submersible rig Leiv Eiriksson was awarded a two-well contract by Spirit Energy plus three one-well options in Norway and another one-well contract in Norway by ConocoPhillips. Semi-sub...
February 13th, 20200As MSC and Maersk prepare to bid farewell to partner HMM, they’ve found a new Korean liner to help out on the transpacific. HMM, South Korea’s flagship carrier, will join rival THE Alliance on April 1. MSC and Maersk, the founder of the 2M grouping, have signed up SM Line to cooperate on the transpacific from the start of...
