Diana Shipping swoops on Sea Trade Holdings fleet
Athens-headquartered Diana Shipping Inc. (NYSE: DSX) has agreed to buy what looks to be the entire fleet of Stamford, Conn., based Sea Trade Holdings, Inc. Announcing the deal, Diana said it has
Legal
GAO denies bid protest of Bollinger MCM UV award
Bollinger Shipyards had a significant contract win back in April when it was awarded a $13,725,953 Navy contract for the production of the Mine Countermeasures Unmanned Surface Vessel (MCM USV), engineering services
OKEE Maritime adopts StormGeo’s CII solution
Hamburg, Germany, headquartered OKEE Maritime GmbH, which manages a fleet of ten container vessels in regional feeder services worldwide, is using StormGeo‘s digitalization tools to improve environmental performance, including StormGeo’s route optimization
West P&I appoints ESG manager
West P&I has appointed Gina Panayiotou as its environmental, social and governance (ESG) manager. In that role she will be responsible for reviewing the P&I club’s approach to sustainability, people and governance,
Port Fourchon in emissions-monitoring first
Port Fourchon, La., the land base for multiple offshore energy support service companies, is set to become the the first port in the world to have a precise 360-degree view of its
Crowley partners with EcoVadis to assess ESG impacts throughout its value chain
Crowley has become the first U.S.-based company in maritime and logistics to partner with international business sustainability ratings provider EcoVadis to assess its value chain for its suppliers’ environmental, social and governance
BHP, PPC and Norsepower partner for combi carrier rotor sail retrofit
Mining giant BHP is partnering with Pan Pacific Copper and Norsepower to retrofit a tilting rotor sail on a 53,762 dwt combination carrier. The aim is to reduce greenhouse gas (GHG) emissions
GAO report looks at Navy multiyear procurements
Anyone who has ever tried to plow through Navy budget request documentation knows that it’s strong on patriotic sentiment but at times fuzzy on a lot of other things. It seems that
Singapore: Quah Ley Hoon stepping down as MPA chief
The Singapore Ministry of Transport reports that Quah Ley Hoon will be stepping down as chief executive of the Maritime and Port Authority of Singapore (MPA) on September 5, 2022. She will
OSG reports profitable second quarter
Tampa, Fla., headquartered U.S.-flag tanker and ATB operator Overseas Shipholding Group, Inc. (NYSE: OSG) today reported results for the second quarter 2022. Highlights included: “A return to profitability is perhaps the most