Scorpio Bulkers to become Eneti Inc.

Emanuele A. Lauro led Scorpio Bulkers Inc. (NYSE: SALT) said today that it intends to change its name to Eneti Inc. The company is transitioning away from the business of dry bulk

Wallenius Wilhelmsen to bring some ships out of cold lay up

The onset of the COVID-19 pandemic saw a significant reduction in demand for cargo-carrying capacity across the globe. In response, Oslo-headquartered Wallenius Wilhelmsen made the decision to recycle four of its 123

Cleaves: “Panama Canal just made VLGC transits harder”

High traffic, seasonal fog and COVID-19 related issues had already led to congestion and long waiting times for VLGCs transiting the Panama Canal, reports Norway’s Cleaves Securities. In an advisory note dated

Eagle Bulk buys two more Ultramaxes

Stamford, Conn., headquartered Eagle Bulk Shipping Inc. (NASDAQ: EGLE) reports that it has purchased two modern high-specification SDARI-64 design, scrubber-fitted Ultramax bulk carriers. This follows the company’s recently-announced acquisition of a similar

Containership size record set to be broken again

Ocean Network Express Pte. Ltd. (ONE) has signed a Letter of Intent (LOI) for the 15-year long-term charter of six new Ultra Large Container Ships (ULCS). Each with with a capacity greater

Hapag-Lloyd places $1 billion order for six ultra large box ships

Hamburg-headquartered Hapag-Lloyd has signed an order for six 23,500+ TEU container vessels with South Kiorea’s Daewoo Shipbuilding & Marine Engineering. Set for delivery between April and December 2023, the vessels represent a

Scorpio sells three Ultramax bulkers in a single week

Continuing its drive to transition into offshore wind vessels, Emanuele Lauro’s Scorpio Bulkers Inc. (NYSE: SALT) today said that it had entered into an agreement with an unaffiliated third party to sell

Stena Line stretches two RoPax vessels

Sweden’s Stena Line is making major upgrades to two of its RoPax ships— the Stena Lagan and sister ship Stena Mersey, both built in 2005 — that include cutting both ships and

Eyeing offshore wind, Scorpio Bulkers sheds a Kamsarmax

Scorpio Bulkers has reached an agreement with an unaffiliated third party to sell the SBI Rock, a 2016 built non-scrubber-fitted Kamsarmax vessel, for a price slightly in excess of $18 million. Delivery

VIDEO: Savannah welcomes largest box ship to ever call the U.S. East Coast

The Port of Savannah today welcomed the 15,072 TEU CMA CGM Brazil, the largest ship to ever call the U.S. East Coast. A total of 5,600 TEU of containers will be moved

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