Tag Archive for shipping news

Golden Sells Panmax

Golden Ocean Group Limited (“Golden Ocean” or the “Company”) is pleased to advise that the Company has entered into an agreement to sell the panamax vessel “Golden Shadow” with delivery in December 2010. The Company has also fixed out three of its ice class Panamax newbuildings on long term time charter contracts to industrial counterparties. Golden Ocean has in addition fixed out the Panamax vessel “Golden Heiwa” for two years.

MOL Adopts Low-friction Ship Bottom Paint

(MOL; President: Koichi Muto) today announced the adoption of the low-friction ship bottom paint named “LF-Sea” developed by Nippon Paint Marine Coatings Co., Ltd. (headquarters: Kobe City, Hyogo; President: Nobuhiro Sasaki) on a new building PCTC(Pure Car and Truck Carrier.

Excel Maritime Reports Change in Organization

Excel Maritime Carriers Ltd (NYSE:EXM – News), an owner and operator of dry bulk carriers and a leading international provider of worldwide seaborne transportation services for dry bulk cargoes, today announced that Mr. Charalampos Mazarakis, COO will be leaving the Company to pursue his career interests outside the shipping industry, joining National Bank of Greece, the leading Greek banking institution at a senior management role.

K-Line Introduces Asia – Honolulu Route

Kawasaki Kisen Kaisha, Ltd. (“K” Line) is pleased to start offering a service connecting Asia and Honolulu. “K” Line will further enhance its service coverage by this inauguration and provide a high quality package to its customers.

Stolt-Nielsen S.A. Acquires Seven Parcel Tankers

Stolt-Nielsen S.A. (Oslo Børs: SNI) announced today that its wholly owned subsidiary Stolt Tankers B.V. has agreed to acquire seven stainless steel parcel tankers in a series of separate transactions for a total consideration of $255 million, including takeover and upgrade costs.

Maersk Line’s CO2 data verified

Maersk Line is the first shipping line to receive independent verification of its CO2 emissions data, vessel by vessel. For customers like Starbucks Coffee Company, this means more transparency.

Field Study Probes 2mg/Kg H2S

According to the International Safety Guide for Oil Tankers and Terminals (ISGOTT), H2S content in liquid could produce an equivalent atmospheric concentration in the ratio of 1 (by weight) to 100 (by volume).