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Diana Fixes Kamsarmax with Glencore

Diana Shipping has entered into a time charter contract with Glencore Agriculture B.V. for one of its Kamsarmaxes.

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All of Algoma’s domestic dry-bulk collective agreements have been ratified.

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Overseas Shipholding Group has closed a five-year USD 325 million term loan credit facility.

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China plans to reduce tariffs on imports of more than 700 commodities as of January 1, 2019.

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Paris and Tokyo MoUs will start issuing a letter of warning on the sulphur content of marine fuels from January 1, 2019.

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