THENS, Greece, Aug. 29, 2018 (GLOBE NEWSWIRE) — Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq:SBLK) (Oslo:SBLK-R), a global shipping company focusing on the transportation of dry bulk cargoes announced today that it has entered into an en bloc  definitive agreement with entities affiliated with E.R. Capital Holding GmbH & Cie. KG (“E.R.”…

Delaware Trader, the first of two 2,700TEU newbuild containerships that China’s Guangzhou Wenchong Shipyard is delivering to Lomar Shipping this year, has been fitted with a seawater lubricated propeller shaft bearing system from Thordon Bearings. The vessel represents another breakthrough for Thordon Bearings’ COMPAC seawater lubricated propeller shaft bearing system in the European-owned containership segment. London-headquartered…

There has been a significant trend developing around wind propulsion technologies over the last 12 months and with potential fuel savings of 10-30% for retrofit installations and up to 50% for optimised new builds it is no wonder that the industry is sitting up and taking notice. Gavin Allwright, Secretary General of the International Windship…

Propulsion Dynamics has responded to industry concerns over the expected spike in bunker fuel costs and increasingly stringent environmental legislation. The company’s new offering, Inferred Fuel Performance, allows a ‘sneak peak’ of a vessel’s expected performance based simply on its type. Latest reports suggest that global shipping fuel costs are predicted to rise by a…

The U.S. Coast Guard and the Texas General Land Office launched an operation to contain an oil spill resulting from the collision between towboat Savage Pathfinder and the RoRo Endurance at Dock Four near Port Arthur, Texas. The operation was launched on Wednesday. The accident happened as the Savage Pathfinder’s barge tow made contact with…

Cruise Ship – Azamara Pursuit – the latest fleet addition of the Azamara Club Cruises, a brand of Royal Caribbean Cruises was christened in Southampton, U.K., marking its official debut. “Since the announcement of Azamara Pursuit in September 2017, we have eagerly awaited this special moment to celebrate the ship’s debut,” said Larry Pimentel, President…

Director General of Ports and Maritime Directorate of Bushehr Province Siavash Arjmandzadeh said Phase 1 of the construction project of Negin Island’s container terminal is now complete. “With a length of 300 meters and a width of 30 meters, this container terminal can now offer services to 20,000-ton container ships,” he was quoted as saying…

Shell Gas B.V., a subsidiary of Royal Dutch Shell plc, said on Monday that it has entered into an agreement with Total Gaz Electricité Holdings France to acquire its 26% equity in the Hazira LNG and Port in Gujarat. The company did not disclose financial details of the deal. The agreement is subject to regulatory…

India and France will commence the project of launching a constellation of maritime surveillance satellites by next year, an official of the French Space agency said. “The satellites will be designed to cover areas ranging from the Mediterranean Sea to the Indian Ocean and parts of the Pacific Ocean and the Atlantic Ocean, keeping in…

Seadrill has selected Kongsberg Maritime to deliver real-time monitoring systems that will enhance operability in the shallow water harsh environment operations planned for the West Hercules and West Phoenix semi-submersibles. The technology will enable more integrated and remote operations, enabling migration of expertise fromoffshore to onshore facilities by digitalising assets, personnel workflows and processes, and…