Maritime News
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Bulk Carrier
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Safe Bulkers Declares $0.50 Quarterly Dividend
Safe Bulkers, Inc. has announced a quarterly cash dividend of $0.50 per share on its Series C and Series D…
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Bulk Carrier
Capital Maritime Expands Fleet with Newbuilding Contracts in China
Greek shipowner Evangelos Marinakis is advancing his shipbuilding ambitions through Capital Maritime, which has recently secured a significant newbuilding contract…
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Shipbuilding
Scorpio Tankers Secures Major Charter Deal
Scorpio Tankers, based in Monaco, has successfully secured five-year charters for two of its LR2 product carriers at an impressive…
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Bulk Carrier
Ice Disrupts St. Lawrence Seaway Closure
CAPE VINCENT — The St. Lawrence Seaway, typically closing in early January, faces unexpected delays this year due to ice…
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Bulk Carrier
Scot Pioneer Successfully Refloated After Grounding Incident in Teignmouth
A large cargo ship, the Scot Pioneer, has been successfully refloated after running aground in Teignmouth harbour on New Year’s…
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Shipbuilding
Transocean Secures New Contracts for Drilling Rigs in Brazil and Norway
Swiss offshore drilling company Transocean has announced the acquisition of a new contract and an extension for two of its…
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Shipbuilding
Castor Maritime enters sale and leaseback deal for kamsarmax
Castor Maritime, a shipping company based in Cyprus, has finalized a sale and leaseback agreement for the bulk carrier vessel,…
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Shipbuilding
Mastering Temporary Power on Construction Sites Guide
In the fast-paced world of construction, effective temporary power distribution is crucial for maintaining efficiency and safety. Proactive planning, compliance…
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Shipbuilding
India Offers 15-25% Shipbuilding Subsidies to Boost Industry
The Indian government has announced a significant support policy worth 7 trillion Korean won (approximately 430 billion rupees) aimed at…
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Bulk Carrier
Venezuela’s Maritime Landscape Faces Transformation Amid Rising Risks
Venezuela’s maritime environment is experiencing significant changes, marked by a surge in unconventional vessel activities over the past year. This…
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