Bulk carriers are vessels that transport bulk cargo, such as coal, ore and cement. Bulk carriers play an important role in the global trade, facilitating the transportation of large quantities ...
Castor Maritime announced that on October 9, 2024, it took delivery of the M/V Magic Ariel, the 2020-built Kamsarmax bulk carrier vessel it had agreed to acquire as previously announced on September ...
Diana Shipping Inc. announced a time charter contract for the m/v Myrsini with Cargill at $13,000 per day. Diana Shipping Inc. has announced a time charter contract with Cargill International SA for ...
OceanPal Inc., a global shipping company, has announced the sale of its 2004-built dry bulk vessel "Protefs" for $7 million before commissions through a wholly-owned subsidiary. The vessel is set to ...
ST. CATHARINES, Ontario--(BUSINESS WIRE)--Algoma Central Corporation (“Algoma” or the “Company”) (TSX:ALC), a leading supplier of marine transportation services, announced today that it has entered ...
Mr. Norton addressed the persistent discount between Star Bulk's stock price and Net Asset Value (NAV), a common issue in the shipping industry. He emphasized that NAV—based on actual vessel values—is ...
Star Bulk outlines $104M in vessel sale proceeds and targets $33M dry dock spend amid cost synergies
The company projects completion of the phase out of third-party crew managers by Q3 2025 and expects to finalize 13 additional energy-saving retrofits by year-end. Five Kamsarmax vessels are scheduled ...
Navios Maritime Partners (NYSE:NMM) said Thursday it has sold two dry bulk vessels and has agreed to sell one tanker vessel, generate a combined $69.1 million in gross sale proceeds, while also taking ...
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