Diana Shipping, through a separate wholly-owned subsidiary, has entered into a Memorandum of Agreement to sell the 2004-built Panamax bulker m/v Thetis to an undisclosed buyer.The global shipping company specializing in the ownership of dry…
Diana Shipping Sells Thetis Read More »
International accredited registrar and classification society DNV GL has announced that Jon Fredrik Baksaas has been appointed the Vice Chair of its Board of Directors.The Norway-headquartered classification body said in a press release that…
DNV GL Names New Vice Chair Read More »
VLCC spot freight rates edged down further in May. Rates were pressured by ample availability, as the tonnage list remained in excess due to limited scrapping and relatively steady new tanker deliveries. As a result, all routes experienced losses, but …
Tankers: VLCC Market on the Slide During May Read More »
The Clean Shipping Alliance (CSA) 2020 has welcomed the preliminary results of an independent study presented by CE Delft, a research organisation in the Netherlands specialising in environmental issues, indicating that accumulated concentrations of ex…
There is some good news for international ships, which are flying either a Republic of Korean flag (South Korea) or a Chinese five-star flag, sailing between China and South Korea. Taking into account the difficulties found in conducting a safe and eff…
China and South Korea agree on ballast water exchange rules Read More »