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  • Dry Bulk Market Could Be Headed Back to 2008
    by hellenicshippingnews.. on 18 June 2021 at 21:00

    The dry bulk market is slated for a renewed rally during the summer months, one which could see rates return to records not seen since 2008. In its latest weekly report, shipbroker Allied Shipbroking said that “last week’s (7-11 June) stellar performance in the dry bulk market could well be a good sign of W-O-W ... The post Dry Bulk Market Could Be Headed Back to 2008 first appeared on Hellenic Shipping News Worldwide. […]

  • Dynagas LNG Partners LP Reports First Quarter Net Income of $15.0 Million, to Continue Deleveraging
    by hellenicshippingnews... on 18 June 2021 at 09:00

    Dynagas LNG Partners LP, an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its results for the three months ended March 31, 2021. Quarter Highlights: Net income and earnings per common unit of $15.9 million and $0.36, respectively; Adjusted Net Income(1) and Adjusted EBITDA(1) of $10.6 million and $23.9 million, respectively; 100% ... The post Dynagas LNG Partners LP Reports First Quarter Net Income of $15.0 Million, to Continue Deleveraging first appeared on Hellenic Shipping News Worldwide. […]

  • Product Tanker Market Recovery Still Has a Long Way to Go
    by hellenicshippingnews.. on 17 June 2021 at 21:00

    The product tanker market has a long way to go, as global gasoline demand is expected to lag in terms of demand recovery, with crude oil expected to recover first. In its latest weekly report, shipbroker Intermodal said that “while approaching the second half of the year and summer season is just around the corner, ... The post Product Tanker Market Recovery Still Has a Long Way to Go first appeared on Hellenic Shipping News Worldwide. […]

  • M/MARITIME presents the dry-dock of her first vessel to join Company’s fleet, AVRA.GR at ONEX Shipyards Neorion Syros Island
    by hellenicshippingnews.. on 17 June 2021 at 21:00

    M/MARITIME completed the dry-dock of AVRA.GR at ONEX Shipyards at Neorion at the port of the island of Syros. AVRA.GR is a 34,930 dwt vessel, the first vessel built in Japan in 2016 to be delivered under the management of M/MARITIME in December of the same year. From Hakodate Dock of Namura Shipbuilding Co. and ... The post M/MARITIME presents the dry-dock of her first vessel to join Company’s fleet, AVRA.GR at ONEX Shipyards Neorion Syros Island first appeared on Hellenic Shipping News Worldwide. […]

  • HEMEXPO President appointed as Vice-Chair of SEA Europe
    by hellenicshippingnews.. on 17 June 2021 at 17:00

    HEMEXPO President, Helen Polychronpoulou has vowed to redouble efforts for the voice of Europe’s shipbuilding and marine equipment to be heard, following her election as a Vice-Chair of SEA Europe at an Annual General Meeting held on 10 June. SEA Europe represents European shipbuilding and marine equipment associations across 16 countries. It provides representation for ... The post HEMEXPO President appointed as Vice-Chair of SEA Europe first appeared on Hellenic Shipping News Worldwide. […]

  • Safe Bulkers, Inc. Acquires a Second-hand Panamax Class Dry-Bulk Vessel
    by hellenicshippingnews... on 17 June 2021 at 13:00

    Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced that in relation to its fleet renewal strategy, has entered into an agreement for the acquisition of a 2013-built, Japanese, 78,000 dwt Panamax class, dry-bulk vessel at a price of $22 million with a scheduled delivery date latest by August 2021. The acquisition ... The post Safe Bulkers, Inc. Acquires a Second-hand Panamax Class Dry-Bulk Vessel first appeared on Hellenic Shipping News Worldwide. […]

  • Demolition Market Springs Back to Life
    by hellenicshippingnews.. on 16 June 2021 at 21:00

    The ships’ recycling market has sprung back to life this past week, after a lack of activity during the past few weeks. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “with various negotiations rumoured to be in place this week, the market appeared to come back to life with cash buyers spraying ... The post Demolition Market Springs Back to Life first appeared on Hellenic Shipping News Worldwide. […]

  • Maran Gas adopts KONGSBERG’s K-IMS platform as basis for digitalisation strategy across its entire fleet
    by hellenicshippingnews.. on 16 June 2021 at 21:00

    Kongsberg Maritime (KM) is pleased to announce that Maran Gas Maritime, one of the largest international ship-owning concerns, has signed a contract to roll out KM’s K-IMS Information Management System across its entire fleet. Already a long-term customer of KM, with this move Maran Gas are taking the relationship to a new level by integrating ... The post Maran Gas adopts KONGSBERG’s K-IMS platform as basis for digitalisation strategy across its entire fleet first appeared on Hellenic Shipping News Worldwide. […]

  • Globus Maritime Limited Announces the Delivery, and a New Charter, of a 2018-Built “Eco” Kamsarmax Dry Bulk Vessel “Diamond Globe”
    by hellenicshippingnews... on 16 June 2021 at 13:00

    Globus Maritime Limited, a dry bulk shipping company, announced today that it has taken delivery of the M/V “Diamond Globe”, a 2018-built “Eco” (i.e., with certain fuel efficiency design features) Kamsarmax dry bulk carrier it acquired for a purchase price of $27 million, which the Company previously announced on March 23, 2021. The M/V “Diamond ... The post Globus Maritime Limited Announces the Delivery, and a New Charter, of a 2018-Built “Eco” Kamsarmax Dry Bulk Vessel “Diamond Globe” first appeared on Hellenic Shipping News Worldwide. […]

  • Newbuilding Orders’ Pace Still High
    by hellenicshippingnews.. on 15 June 2021 at 21:00

    The dry bulk market’s potential is feeding more newbuilding orders for bulkers. In its latest weekly report, shipbroker Allied Shipbroking said that “the positive sentiment in the dry bulk market and the persisting attractive freight earnings in the dry bulk market has ramped up interest amongst buyers as of late. However, the rise in newbuilding ... The post Newbuilding Orders’ Pace Still High first appeared on Hellenic Shipping News Worldwide. […]

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