Monday, 30 October 2017 13:55

GoodBulk Plans to Buy 13 Carriers

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GoodBulk Ltd has entered into an agreement to acquire 7 to 13 bulk carriers from CarVal Investors. GoodBulk will pay up to USD 10.5 million for 7 carriers which will be delivered to their owner in year 2017-2018.
GoodBulk has the option to acquire additional 6 Capesize vessels.
Thursday, 26 October 2017 13:08

Korea Lines orders two bulkers

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Korea Lines Corporation has ordered two bulkers and the company would be paying USD 164 million. According to Yonhap, Hyundai Heavy Industries will construct the two vessels and deliver them to a new owner in 2020.

The Hudong-Zhonghua Shipbuilding Group delivered to its owners the Pan Asia LNG carrier. The ship is owned by the China National Offshore Oil Corporation. The Pan America, Pan Europe and Pan Africa vessels are currently under construction and are expected to be completed in 2018 and 2019.

Monday, 16 October 2017 12:52

Tanker Anchor Pierces Old Test Torpedo

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A tanker anchor pierced an old unexploded device and dragged it all the way to Portland. Members of the Royal Navy were dispatched to evacuate the tanker's crewmembers and release the torpedo.

The torpedo was found in an extremely corroded state and it originates from the 1980s.

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