Blogs

Diana Shipping Has Joined Hands With Oldendorff Carriers For Time Charter Contract Hailing from the land of Greece, the Diana Shipping company is a well-known dry bulk organization that has agreed to a time charter contract with Oldendorff Carriers with respect to Sideris GS - a capesize vessel that was built way back in 2006 and is still providing a good service to the marine industry. The above-mentioned charter agreement has come into effect on March 8 and is fixed at a gross charter rate of $12,700 a day that is applicable between the period of October 15 and December 31 of 2020. On a previous note, the capesize vessel was tied up to the Singapore-based company called Berge Bulk. Belgian Tanker Owner Gets Ready To Acquire A VLCC Newbuild The Belgian tanker owner, Euronav has signed an agreement to accept the possession of a very large crude carrier (or VLCC) for an incredible amount of $93 million. Currently, the modern eco-tanker is being built at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard that is located in South Korea and the newbuild will be all set to be delivered in the early quarter of 2021 if all goes according to plan. The VLCC newbuild is also being compared to the trio of sister's vessels that were recently acquired by the Belgian organization. CMA CGM Operations Are Gradually Getting Back To Normal After Coronavirus Scare Of recent, the entire world has been gripped by the fear of the deadly coronavirus and the maritime industry has been suffering from a lot of restrictions and keeping the services on hold. However, the operations of the world-famous ocean carrier CMA CGM are slowly resuming as things are finally looking positive as the public health restrictions are eased than earlier. CMA CGM is appreciating the return of business to normal as the manufacturing activities are gaining pace once again, along with ease of cargo flow at the major coastal ports across the world. The Port Of Amsterdam To Introduce Floating Battery With Skoon Energy The Port of Amsterdam has teamed up with Skoon Energy to speed up the launch of a floating battery service that will be effective in sending the mobile stored power into the port and the inner parts of the city. This advanced battery can deliver electricity to any part of the Amsterdam Port provided that it is close to the water as its movement is restricted to a barge. The battery derives its power from local, renewable energy that will help in restoring the balance of an electricity grid. IMO Rule Can Lead To Detainment Of Shipowners And Vessel Operators From March 1 The IMO rule needs to be strictly observed by the shipowners and the vessel operators as Port state control authorities have started to enforce the much-awaited IMO Sulphur 2020 rule from March 1. Now, it is being tagged as a maritime offence for a vessel to load on fuel that includes a sulphur content higher than 0.5 per cent. However, if the vessel is well-equipped with an Exhaust Gas Cleaning System then it surely works in its favour at the moment. Sources: https://splash247.com/diana-shipping-fixes-capesize-to-oldendorff/ https://www.marinelink.com/news/euronav-acquires-vlcc-newbuild-476360 https://maritime-executive.com/article/cma-cgm-operations-at-chinese-seaports-are-returning-to-normal https://www.porttechnology.org/news/port-of-amsterdam-and-skoon-launch-floating-battery/ http://www.maritimegateway.com/shipowners-operators-face-detention-ships-march-1-imo-rule/