Dry bulk shipping company Diana Shipping announced that it has extended the time charter contract with CLdN Cobelfret SA, Luxembourg, for one of its Post-Panamax dry bulk vessels, Polymnia.The Polymnia is a 98,704 dwt Post-Panamax dry bulk vessel…
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Rio Tinto Sees Soft Iron Ore Shipments in 2022
Rio Tinto forecast slightly weaker-than-expected 2022 iron ore shipments on Tuesday, citing tight labor market conditions and production delays from the new greenfields mine at Gudai-Darri project.The world's biggest iron ore producer said it…
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Torvald Klaveness Names Ernst Meyer CEO
Norwegian shipping company Torvald Klaveness announced that Ernst Meyer, currently serving as chief operating officer and managing director of Klaveness Ship Management, will succeed Lasse Kristoffersen as president and CEO of Torvald Klaveness from Ap...
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Ponath Takes Full Control of NSB
Helmut Ponath, founder and long-time managing director of the German shipping company NBS Group, has taken full control of the company.Since 2000, the shareholders of the Buxtehude-based NSB Group have consisted of four owners: Conti NSB Holding…
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Inside Taiwan’s Brutal Navy Frogman Bootcamp
A chill wind whips across the Taiwan Strait as a small group of Taiwanese marines stands shivering on a remote dock in the early hours of the morning, their shorts and thin jackets drenched after a day spent mostly in the sea.“Are you a sleeping beauty?
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Strategic Marine Delivers Crew Boat to Centus Marine
Strategic Marine (S) Pte Ltd recently handed over Centus Ten to Malaysian Offshore operator Centus Marine Sdn Bhd, marking the third fast crew boat handed over by Strategic Marine to Centus in the last 12 months and the 10th vessel overall.Commenting o...
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Vale, Other Brazil Miners Ramp Up Production as Rains Subside
Brazilian miners including Vale SA are resuming production in the southeastern state of Minas Gerais after being forced to halt some operations due to heavy rains that increased the risk of accidents and caused logistics disruptions.Vale said…
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The Big Challenges for Supply Chains in 2022
In the run-up to Christmas, there was considerable anxiety about shortages of festive food and gifts. Trade friction was already at the core of the Brexit debate, and supply chain issues have been made much worse by the COVID-19 pandemic.For example…
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Operation Atalanta Gets New Deputy Commander
The European Union's counter-piracy outfit announced a new Deputy Commander has taken over to lead its maritime security operations off the coast of Somalia.European Union Naval Force (EU NAVFOR) Somalia - Operation ATALANTA said RAdm Messina…
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GTT Wins Two LNG Tank Design Orders
French engineering firm GTT announced it has received, at the end of 2021, a pair of orders for the tank design of one new liquefied natural gas (LNG) carrier.The first LNG carrier will be built by the Korean shipyard Hyundai Samho Heavy Industries.
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