London: Lloyd’s Register (LR) has completed the initial phase of joint study with shipowner Zodiac and renewables company Totem into wind-generation aboard a bulk carrier, concluding that the technology "may be considered" for auxiliary power...
Shanghai: Germany-based shipowner Peter Döhle has penned a deal to build up to five 38,800 dwt dry bulk carriers with China-based Jiangsu Hantong Ship Heavy Industry.
Antwerp: Belgian dry bulk outfit Bocimar reported a loss of $820,000 in the first quarter as rates fell year on year.
Hong Kong: Pacific Basin Shipping outperformed the weak handysize charter market in the first quarter, while continuing to acquire vessels, adding its ninth bulker since last September.
Shanghai: Brazil mining giant Vale's 400,000 dwt Vale Malaysia docked at Lianyungang port in China this week.
Hong Kong: Hong Kong-based Wah Kwong Maritime Transport has booked eight 64,000 dwt dry bulk carriers at China-based Chengxi Shipyard.
Tokyo: Japan's three leading container carriers are poised to get more than $500m boost to their earnings as a result of the weak Japanese yen, reports said.
Manila: John Fredriksen’s dry bulk shipping unit Golden Ocean has made $450m from asset plays since it was spun-off from Frontline in late 2004.