Eagle Bulk Shipping confirmed reports that one of its bulk carriers was hijacked in the Gulf of Guinea, and said the vessel and crew are safe now that the incident has been resolved. Maritime security groups had reported that the Marshall Islands-flagged Rowayton Eagle was boarded by pirates off the coast of Nigeria, and AIS tracking suggests the vessel had been adrift since January 27.
Following a string of bulk carrier vessel sales and a plan to order an offshore wind installation vessel, dry bulk carrier operator Scorpio Bulkers on Sunday said its Board of Directors had authorized the company, as part of its transition to a sustainable future, to sell its remaining dry bulk vessels and exit the dry bulk sector during 2021.
Scorpio Bulkers has sold off another vessel as the NYSE-listed shipowner shifts its focus to the offshore wind market. SBI Tethys was sold for $18.25 million and is expected to be handed over to its new owner in the first quarter of 2021, Scorpio announced Tuesday. The 2016-built Ultramax is the latest in a string of bulk carriers sold by Scorpio since the company announced in August that it
Scorpio Bulkers said on Thursday it has sold another Ultramax bulk carrier, the sixth ship to leave its fleet since the Monoco-based shipowner announced plans to pivot away from dry bulk shipping toward offshore wind services. The sale of the 2016-built SBI Hera to an unnamed unaffiliated third party for $18.
U.S. Coast Guard and Port of Virginia personnel are assisting the crew of a bulk carrier that ran aground near Norfolk, Va. on Wednesday night.Watchstanders at the Coast Guard Sector Virginia command center received notification from crewmembers aboard the the Panamanian-flagged Hong Dai stating the 738-foot bulk carrier ran aground on a soft sandy bottom approximately 400 meters Northwest of
The total orderbook for dry bulk, container and tanker ships has reached its lowest point in 17 years as COVID-19 has massively slowed contracting (-50%) while deliveries of new vessels have proved more resilient (-2%).The orderbooks for bulk carriers and containerships in particular have fallen sharply. At 63.
U.S. based shipowner Eagle Bulk Shipping said a security incident involving a disgruntled armed guard hijacking one of its vessels has been resolved without injuries. The Marshall Islands-flagged bulk carrier Jaeger embarked three security guards in the Indian Ocean on July 21, before sailing toward the Red Sea
An Australian man allegedly trying to flee the country was found hiding in the air-conditioning vent of a bulk carrier following an interesting string of events.While headed for Newcastle on Saturday morning, the Turkish-flagged bulk carrier Ulusoy 11 diverted to aid a yacht that had encountered trouble in the waters off Yamba, on Australia's east coast.
Swedish shipowner Stena Bulk unveiled a prototype of its next-generation environmentally friendly product and chemical tanker, the IMOFlexMAX, engineered to reduce greenhouse gas emissions by more than 25% compared to typical modern product tankers.The vessel, designed by naval architects at Stena Bulk's sister company Stena Teknik
Stena Bulk said it completed a test run of biofuel aboard its MR tanker Stena Immortal, as shipping companies seek fuel alternatives to help lower their carbon footprint and comply with more stringent environemental regulations.The 49,646 dwt tanker received its first delivery of Bio Fuel Oil made from used cooking oil a call at the Port of Rotterdam.
Swedish based tanker shipping company Stena Bulk will become the latest to run a ship on biofuel as owners and operators explore alternative fuels to help slash emissions.During the coming weeks, Stena Bulk will perform a test running MR tanker Stena Immortal on 100% MR1-100 bio-fuel oil, produced from used cooking oil and supplied by GoodFuels in Rotterdam.
While the Capesize segment has been massively impacted by the coronavirus, the smaller dry bulk segments are starting to recover towards profitable territory, partly on the back of seasonally higher grain exports from South America. Nonetheless, as the coronavirus continues to spread, the risks are skewed towards the downside.