Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Ice Class Panamax dry bulk vessels, the m/v Crystalia.

Norsepower Oy Ltd. and Scandlines, announced the successful installation of Norsepower’s Rotor Sail Solution.

Swire Bulk, the bulk division of The China Navigation Company, has taken delivery of its new, log-fitted bulk carrier into service.

Despite recent low bunker prices a significant proportion of marine fuel buyers still do not have any risk management strategies in place to mitigate anticipated price rises.   

Rocktree has reported handling record cargo volumes of 28 million tonnes during 2019, in a year that marked a number of significant milestones for the Singapore-based waterborne logistics specialist.

Thun Tankers BV has placed an order for a second 4,250-deadweight product tanker. The ordered tanker will be delivered May 2022 and will together with her previously ordered sister enter into a long-term agreement with UK based Geos Group Ltd. Both vessels will be built with “NAABSA” design - “Not Always Afloat But Safely Aground” - being able to call tidal restricted niche ports.