Eagle Bulk Shipping Takes Delivery Of Ultramax Dry Bulk M/V Santos Eagle

Siemens Gamesa Renewable Energy (SGRE) has been awarded the project certificate by DNV GL, the world’s largest independent energy certification body, for its Nissum Bredning offshore wind power park which is located in Thyborøn, in waters of north-western Denmark. The certification was carried out according to the Danish Executive Order No.73 (BEK 73) and covers all stages…

Carnival Corporation & plc (NYSE/LSE: CCL;NYSE: CUK) announced U.S. GAAP net income of $1.7 billion, or $2.41 diluted EPS, for the third quarter of 2018, higher than U.S. GAAP net income for the third quarter of 2017 of $1.3 billion, or $1.83 diluted EPS. Third quarter 2018 adjusted net income of $1.7 billion, or $2.36adjusted EPS, was higher than adjusted net income of $1.7 billion, or $2.29 adjusted…

EXMAR announced that its Floating LNG Liquefaction Unit (FLNG), to be renamed Tango FLNG, has left China to the destination of its liquefaction operations: Bahia Blanca, Argentina. Tango FLNG is now on the move, just one month after contract signing, and the voyage to Argentina is expected to take approximately 45 days. Upon its arrival,…

On Wednesday, Greek shipowner Anek Lines announced that the ropax ferry Eleftherios Venizelos which was damaged by a fire onboard has been towed to the shipyard district of Perama, west of Piraeus. It will undergo repairs before been put to service again. In a statement Anek said,  “We would like to express our special thanks…

In 2013, China had become the world’s largest net importer of total petroleum and other liquid fuels. As informed, new refinery capacity and strategic inventory stockpiling combined with declining domestic oil production were the major factors contributing to the recent increase in China’s crude oil imports. In 2017, 56% of China’s crude oil imports came…

Shipping confidence dipped very slightly in the three months to end-August 2018, according to our latest Confidence Survey. The average confidence level expressed by respondents was down to 6.3 out of a maximum possible score of 10.0, this compared to the four-year-high of 6.4 recorded in May 2018. Confidence on the part of owners, however,…