bulk carriers

The purpose of the plan is stated as to achieve a 30 percent reduction of Energy Efficiency Design Index (EEDI) for bulk carriers constructed after January 1, 2025. Recent, newly designed vessels have reduced EEDI by 20 to 30 percent, but in some conditions, it is difficult for post-panamax carriers to ...

Malaysian Bulk Carriers (Maybulk), controlled by tycoon Robert Kuok, has proposed to dispose of its entire 21.23% stake in loss-making Singapore-listed PACC Offshore Services Holdings (POSH) to shareholders of Maybulk. The stake is currently held by the company's subsdiary Lightwell Shipping.

PETALING JAYA: Malaysian Bulk Carriers Bhd (Maybulk) proposes to sell its entire 21.23% stake in Singapore-listed PACC Offshore Services Holdings Ltd (POSH) to its shareholders via a renounceable restricted offer for sale (ROS) exercise involving up to 386.39 million POSH shares. On a pro-rate basis ...

India's Great Eastern Shipping has signed a contract to acquire a 2007-built very large gas carrier, its second gas ship acquisition in a week. The 81,617 cu m vessel is expected to join the company's fleet in the first quarter of 2019. Splash understands the vessel to be BP's British Councillor .

Star Bulk Carriers logo Star Bulk Carriers (NASDAQ:SBLK) was downgraded by BidaskClub from a “buy” rating to a “hold” rating in a research note issued on Saturday, March 10th. Other research analysts have also issued research reports about the stock. Jefferies Group began coverage on shares of Star ...

We currently run a fleet of 13 ships, mostly bulk carriers, comprising one capesize (170,000 tonnes), six mini capes (105,000 tonnes each), one panamax (75,000 tonnes), two supramaxes (55,000 tonnes each), two handymaxes (12,000 tonnes each) and one Very Large Crude Container (VLCC).

Medium sized tankers and dry bulk carriers are getting bigger. The deepening will allow the so-called New Panamax and Aframax ships to navigate the Nieuwe Waterweg without any restrictions. “If larger tankers can enter the Botlek port, it will reinforce the business case for investments in capacity ...

The JDP's main objective is to achieve the lowest practical incremental capital and operating costs to help LNG as a fuel compete against other post-2020 compliance options for bulk carriers. Anangel, as the ship owner and operator, provided practical advice on the design concept from its extensive fleet ...

Star Bulk Carriers Co. logo Star Bulk Carriers (NASDAQ:SBLK) had its price objective increased by JPMorgan Chase & Co. from $17.00 to $17.50 in a research note issued to investors on Friday morning. They currently have an overweight rating on the shipping company's stock. A number of other equities ...

She cited broad improvement in the global economy that is boosting demand, a slowdown in vessel orders that is keeping capacity growth in check, and the possibility that container and bulk carriers will see improvement in their core markets that discourages them from competing for project and breakbulk ...

Now, by reimagining tankers, bulk carriers, cruise ships, and other vessels as different kinds of migratory animals, Ian Davidson has offered up a way to better predict their potential to carry invasive species around the world. The idea came to Davidson, a marine ecologist at the Smithsonian Environmental ...

The average age of tankers heading in for recycling has dropped below 25 years of age as shown in the yellow line due to lower earnings, which are shown in the white line. Tankers are being scrapped at a younger age than they were during a similar period of rate weakness in 2013. The lower age of ...

One-year time charter rates on panamax bulk carriers at best level in years thanks to cross-commodity exposure. March 19th, 2018 22:08 GMT. by Michael Angell. Published in Dry cargo. Greece's Olympic Shipping and Management and Japan's NS United took advantage of some of the best timecharter rates since 2011 to ...

Star Bulk Carriers Corp. logo BidaskClub upgraded shares of Star Bulk Carriers (NASDAQ:SBLK) from a hold rating to a buy rating in a report released on Friday, February 23rd. Several other analysts have also issued reports on SBLK. Jefferies Group began coverage on Star Bulk Carriers in a research ...

It will see MacGregor inspect the folding hatch covers and K-cranes fitted onboard a barge and a fleet of nine bulk carriers. Also effective from February 1, is a two-year service agreement with the Dutch shipowner and broker, Wagenborg, to inspect hatch covers and winches onboard 19 of its bulk carriers.

Star Bulk Carriers logo Driehaus Capital Management LLC purchased a new position in Star Bulk Carriers Corp. (NASDAQ:SBLK) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 370,295 shares of the shipping company's ...

We presented Star Bulk Carriers (NASDAQ:SBLK), and Seanergy Maritime Holdings (NASDAQ:SHIP) as potential investments that are poised to benefit from the current supply-demand dynamics. We felt that Star Bulk was the safer pick of the two and concluded it was the safest pick in dry bulk shipping.

Star Bulk Carriers Corp. (NASDAQ:SBLK) – Research analysts at Seaport Global Securities issued their Q2 2018 earnings estimates for shares of Star Bulk Carriers in a research note issued to investors on Wednesday. Seaport Global Securities analyst M. Fyhr forecasts that the shipping company will earn ...

Star Bulk Carriers (SBLK) touched 12.54 on a recent bid indicating that the Tenkan line is still hovering above the Kijun Sen. This represents bullish momentum for the shares. Whether or not the shares are ready to break out further is yet to be seen. The Tenkan Sen / Kijun Sen Cross signal occurs when the ...

Star Bulk Carriers logo Star Bulk Carriers (NASDAQ:SBLK) was upgraded by research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued on Tuesday, February 13th. SBLK has been the subject of a number of other reports. Jefferies Group started coverage on Star Bulk ...

Star Bulk Carriers Corp. (NASDAQ:SBLK) – Seaport Global Securities issued their Q2 2018 earnings estimates for Star Bulk Carriers in a research report issued to clients and investors on Wednesday. Seaport Global Securities analyst M. Fyhr expects that the shipping company will post earnings of $0.08 ...

Price Alert: Star Bulk Carriers Corp. (NASDAQ:SBLK) has now crossed into technical strength -- watch the technical oscillators for momentum gaps. The company has not quite broken out to extreme strength, but rather sits at a four bull momentum rating -- that is strength but not yet through technical ...

Malaysian Bulk Carriers (Maybulk) has seen an improvement in its fiscal performance, but still ended the financial year with a loss making fourth quarter. The Robert Kuok-listed dry bulk vehicle lost MYR 73.2m ($18.7m) in the last three months of 2017 against the losses of MYR 396m seen a year ago.

Busy Burnie: The Norwegian Jewel cruise ship approaches Burnie on Sunday, passing an anchored merchant ship. Picture: Cordell Richardson. Up to five merchant ships were seen anchored near Burnie Port on Sunday as they made way for the Norwegian Jewel cruise ship. The bulk carriers included ...

Greek owner Axis Bulk Carriers has moved to find short period cover on its newly acquired 2012-built kamsarmax bulker. Axis picked up the 79,500 dwt Sea Trellis from John Fredriksen's Seatankers for around $15.5m, taking delivery this month and renaming it Captain V. Madias. Brokers tell Splash that ...

Zacks Investment Research lowered shares of Star Bulk Carriers from a buy rating to a hold rating in a research report. According to Zacks, “STAR BULK is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector. Star Bulk's vessels transport major bulks, ...

Significantly more orders for dry bulk vessels were placed in late 2017 in a growing market, and certain vessel types are particularly sought after. The supply of vessels is now once more approaching demand. While dry bulk shipowners finished 2017 with a surprisingly stronger market, more of them also ...

Ocean Yield ASA is pleased to announce the delivery of three 2015 built and one 2014 built handysize dry bulk vessels today. Upon delivery the vessels commenced 10 years' bareboat charters to companies owned and guaranteed by Interlink Maritime Corp (“Interlink Maritime”). Interlink Maritime is an ...

Bulk carriers will load a total of 1.57 million mt of corn in Argentine ports during the March 21-April 11period, according to the Rosario trade chamber BCR. Most of the corn (1.29 million mt) will be loaded in ports in the Rosario and San Lorenzo area, in Santa Fe province. Total corn loads in ports located in ...

Star Bulk Carriers, listed in New York and controlled by equity fund Oaktree, has published strong results for the last months of 2017. This marks the first time in three years that the shipping company turns a profit. The annual report shows an operating profit (EBITDA) of USD 55.7 million for the fourth quarter ...

Thank you for standing by ladies and gentlemen and welcome to the Star Bulk Carriers Conference Call Fourth Quarter 2017 Financial Results. We have with us today Mr. Petros Pappas, Chief Executive Officer; Mr. Hamish Norton, President; Mr. Simos Spyrou and Mr. Christos Begleris, Co-Chief Financial ...