U.S. President Joe Biden will meet leaders of Australia and Britain in San Diego on Monday to announce a way forward for Australia to receive nuclear-powered submarines in Canberra's biggest-ever defense project.The three countries announced the so-called AUKUS plan in 2021 as part of efforts to counter China in the Indo-Pacific region.However, questions remain over strict U.S.
As digitalization in the maritime sector gains speed, the American Bureau of Shipping (ABS) has launched a new maritime software as a service (SaaS) company called ABS Wavesight, to effectively consolidate all digital products under one roof, offering ship owners a one-stop-shop for it’s A-to-Z digital solutions.
Swan Hellenic announced that SH Diana, the newest and largest ship in its fleet, was floated out of dry dock this week at Helsinki Shipyard.SH Diana’s fitting out is now already under way, leaving the luxury expedition cruise ship on schedule for her maiden cruise leaving Palermo, Italy for Lisbon, Portugal on April 15.
Finnish shipbuilder Helsinki Shipyard Oy, having received bids for the auction of NB518, announced that Swan Hellenic has been awarded the tender.Helsinki Shipyard has exercised the right to sell the ship by tender, provided for by the shipbuilding contract, after the original buyer, Russian-owned GTLK Europe, failed to take delivery.
Inland waterways, sometimes called ‘nature’s superhighways’ provide a strategic advantage related to security, economics, and trade for any nation whose geography, topography, and climate enable this natural infrastructure. Economic benefits are realized in small rural areas through large urban communities that utilize the system for efficient transportation and improved markets.
Greek shipowner Diana Shipping on Thursday announced it has acquired the bulk carrier fleet of U.S.-based Sea Trade Holdings in a $330 million cash and shares deal.The nine ultramax vessels, built between 2015 and 2018 with an average vessel age of approximately 5.4 years, are scheduled to be handed over during the fourth quarter of 2022, Diana said.
Shipbuilder General Dynamics NASSCO, a subsidiary of aerospace and defense company General Dynamics (GD), announced on Friday that it received $1.4 billion in U.S. Navy contract modifications for construction of a sixth Expeditionary Sea Base ship (ESB 8) and two additional John Lewis-class fleet oilers (T-AO 211 and 212).
Dry bulk shipping company Diana Shipping announced it it has entered into a time charter contract with Cargill for one of its Kamsarmax vessels.Under the deal, the 2011-built, 82,165 dwt Leonidas P. C. will be chartered for $17,000 per day, for a period of 11 months to 13 months.Diana said it expects the employment to generate approximately $5.
Dry bulk shipowner Diana Shipping on Wednesday announced it has signed a memorandum of agreement to sell one of its older vessels.Diana said it sold the 2005-built Capesize vessel Aliki to an unnamed, unaffiliated third party for a sale price of $15.08 million before commissions.Delivery to the buyer is expected to take place by February 28, 2023.
Dry bulk shipowner Diana Shipping Inc. announced on Thursday that it has taken delivery of one of nine secondhand Ultramax bulk carriers that agreed to purchase in August 2022.The vessel, DSI Polaris—formerly named STH Oslo—is a 60,404 dwtUltramax dry bulk vessel built in 2018.Including the newly delivered DSI Polaris, Diana Shipping Inc.
Greece-based dry-bulk shipping firm Diana Shipping has taken delivery of the m/v DSI Phoenix (formerly “STH Chiba”), a 2017-built Ultramax dry bulk vessel of 60,456 dwt. The vessel is one of nine modern Ultramax dry bulk vessels that the Company entered into an agreement to purchase in August 2022.Including the newly delivered m/v DSI Phoenix, Diana Shipping Inc.
Diana Shipping Inc. announced it has taken delivery of a newly acquired secondhand bulker that is due to commence a time charter contract with Cargill.The 2018-built, 60,362 dwt DSI Pyxis, formerly STH Montreal, is one of nine Ultramax dry bulk vessels that the company purchased through a wholly-owned subsidiary in August 2022.