News

  • Greek shipping magnate John Angelicoussis passes away April 10, 2021
    John Angelicoussis, Greece’s largest shipowner in dwt terms, died on Saturday at a hospital in Athens, 20 days after suffering a severe heart attack.   The 72-year-old magnate took over the Angelicoussis Shipping Group in 1989 after the death of his father and grew it into one of the world’s largest shipping organisations.  Angelicoussis’s daughter, […]
  • Castor Maritime takes fleet to 15 with another panamax April 9, 2021
    Nasdaq-listed Greek owner Castor Maritime has entered into an agreement to purchase 2011 Japanese-built panamax dry bulk carrier from Hong Kong’s Ocean Broaden Shipping for a purchase price of $18.48m. Delivery of the 74,900 dwt vessel should take place in Q2 2021. Petros Panagiotidis, CEO of Castor, said: “We are pleased to announce our ninth […]
  • Turkey bans open-loop scrubbers April 9, 2021
    Turkey has become the latest country to ban the use of open-loop scrubbers in its territorial waters. According to the recent circular of the Turkish Chamber of Shipping, it is prohibited to discharge washwater from scrubbers into the sea in the territorial waters of the country. Talks on this started last year in March when […]
  • Hagland orders up to four hybrid bulkers at Royal Bodewes April 9, 2021
    Norway’s Hagland Shipping has signed up with Dutch shipyard Royal Bodewes for the construction of two 5,000 dwt self-discharging bulk carriers to replace older vessels with traditional propulsion systems with plug-in battery hybrid solution. A NOK280m ($33m) firm deal, with options for two additional newbuilds, will see the vessels delivered during Q1 and Q2, 2023. […]
  • Port of Rotterdam carbon cut above national average April 9, 2021
    The Port of Rotterdam has seen its carbon emissions fall some 13% below national avarage over the past four years. Europe’s largest port has slashed its carbon emissions by no less than 27% between 2016 and 2020, compared to nationwide reduction of 14% in the same period. Last year, Rotterdam achieved a 12% reduction in […]
  • South Korea’s top shipyards make carbon neutral pledge April 9, 2021
    South Korea’s six largest shipbuilding groups yesterday made a joint declaration to achieve carbon neutrality by 2050. The group, which includes Hyundai Heavy Industries, Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering, are all bringing their own green ship designs to market, while also looking at their own manufacturing processes to cut emissions during […]
  • Oddbjørn Slinning takes the helm at Norwegian law firm SANDS April 9, 2021
    Oddbjørn Slinning, a well know Norwegian shipping lawyer, has been appointed managing partner at local commercial law firm SANDS. Slinning joined SANDS from Wikborg Rein in 2017. Slinning said: “Over the last 10 years, we have seen Norway become an increasingly attractive destination for inbound capital and mergers and acquisitions. Shipping and oil and gas […]
  • America’s first new terminal in more than a decade opens as nation battles severe port congestion April 9, 2021
    The 3,237 teu will come to berth today in North Charleston on the US east coast to much fanfare, the debut ship to call at a brand new terminal, the first new box facility completed in America for more than a decade. More than $1bn has been spent on developing the Hugh K. Leatherman Terminal, […]
  • European shortsea fleet in urgent need of replacement April 9, 2021
    Hamburg shipbrokers Toepfer Transport have started issuing regular European shortsea reports. Among key takeaways from the first 14-page report, published this week, are the statistics on how old the average age of this niche fleet is. About 50% of the European shortsea fleet is more than 20 years old, with Toepfer Transport suggesting 24% of […]
  • Asian coal trading map transforms in wake of China’s ongoing ban of Australian products April 9, 2021
    The Chinese ban on coal imports from Australia has shaken up coal trades in the east, a new report from shipowning organisation BIMCO highlights. In the absence of Australian coal exports to China, other exporters have been scrambling to fulfil China’s coal demand. As a result, some countries are lacking their usual coal imports, a […]
Courtesy Asia Shipping Media Pte Ltd in Singapore - Splash 247