Blogs

Diana Shipping Signs A Time Charter Contract With Uniper Global Commodities Hailing from Greece, Diana Shipping is a world-famous dry bulk owner that has carved out its special niche in the world of shipping. The organization has recently given the green signal to time charter contract with Uniper Global Commodities with respect to ‘Calipso’, which is a Panamax bulker built way back in 2005. Diana Shipping had previously sold the above-mentioned ‘Calipso’ vessel in 2019 that unfortunately resulted in a failed deal very soon in February. Accommodation Platform Operator ‘Prosafe’ Gets Ready To Defer Total Contract By One Year Prosafe has long since established its mark as a well-known Accommodation Platform Operator in the maritime business and it has signed an agreement with Total to defer the contract that concerns the starting date of the ‘Safe Caledonia’ vessel. This agreement focuses on providing accommodation support at the Elgin complex in the North Sea. It has been stated that Total will also pay a fee for postponing the contract in the wake of the pandemic crisis that has shaken the entire world. North Carolina State Ports Authority Finishes The Project Of The New Refrigerated Container Yard The North Carolina State Ports Authority has successfully launched the new refrigerated container yard at the Port of Wilmington and according to the reports, the project has accentuated the on-terminal refrigerated container (reefer) plugs of the port from 235 to 775 that involves the expansion to more than a thousand plugs via the Phase 2 section of this advanced project. The major ports in North Carolina have emerged as significant gateways for the smooth movement of refrigerated cargoes and this new project goes a long way in supporting the grocery industries and agricultural sectors across not just North Carolina but also the entire South-Eastern United States. Coronavirus Pandemic Disrupts Trade At The Largest Port In Europe By Decreasing Overall Throughput We can’t deny the fact that the COVID-19 pandemic has severely damaged the world’s trade and economy and it has strongly affected the Port of Rotterdam by decreasing its overall throughput by 20 percent in 2020. The Port of Rotterdam plays an integral role as the largest seaport in entire Europe and so the adverse effect of the pandemic has led to a decline in the trading business leading to losses. It has been discovered that the throughput of coal, oil products and containers along with some other bulk goods has already fallen through by 9.3 percent in the first quarter itself as economies across the globe are crumbling under the pressure of an unpredictable lockdown. Arctic Council Announces A Necessary Guideline For Arctic Marine Risk Assessment The Arctic Council has recently released an important Guideline for Arctic Marine Risk Assessment as formulated by the Emergency Prevention, Preparedness and Response (EPPR) Working Group of the organization. The guideline has highlighted the best data sources as well as the necessary practice methods for carrying out the area-wide risk assessments along with the regional projects connected to the ship traffic and Arctic operations. Sources: https://splash247.com/diana-shipping-panamax-fixed-to-uniper-at-reduced-rate/ https://splash247.com/prosafe-agrees-to-defer-total-contract/ https://www.porttechnology.org/news/north-carolina-ports-opens-new-refrigerated-container-yard https://www.marinelink.com/news/covid-wipe-traffic-europes-largest-port-477637 https://maritime-executive.com/article/arctic-council-releases-guideline-for-arctic-marine-risk-assessment