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DryShips Sells VLGC Quartet and Two Panamaxes

DryShips has unveiled agreements to sell a number of its ships, including its four very large gas carriers (VLGCs).

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Diana Containerships, CMA CGM agreed to extend the present time charter contract for the Panamax vessel Domingo.

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Three holes have been detected in the hull of a cargo vessel which ran aground on July 8 off Agusan del Norte.

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A historically bad crude oil tanker market is struggling to find solid support, BIMCO said in its latest report.

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Environmental groups call on Carnival Corporation to stop using HFO on ships traveling in Arctic waters.

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