Diana Shipping currently owns approximately 55 percent of Diana Containerships issued and outstanding common stock. Diana Shipping will distribute 2,667,066 shares of common stock of Diana Containerships, or 80 percent of Diana
The latest merchant vessel targeted by the Iran-backed Houthi terrorist groups is the Liberian-flagged containership Pinocchio, which according to the Equasis data base is operated by Singapore headquartered SeaLead Shipping Pte. According
An MSC containership has become the latest vessel to be damaged in a Houthi attack. U.K. Maritime Trade Operations today issued a report at 1500 UTC on an incident 91 nautical miles
By David Baur, Co-CEO and co-founder, AELER The maritime shipping industry is currently navigating turbulent waters due to escalating tensions in the Red Sea. This situation has led major shipping companies to
Kappelen, Belgium, based Zulu Associates has unveiled a concept design for a 200 TEU autonomous short seas container vessel, the Zulu Mass. Featuring an auxiliary wind assistance system, it is being produced
COSCO Heavy Industry Shanghai Co. Ltd. has signed a contract with MAN Energy Solutions for the methanol retrofit of four main engines from COSCO Line 13,800 TEU Camellia class and 20,000 TEU
Norway’s Yara International, the world’s largest producer of ammonia, and its Yara Clean Ammonia offshoot are joining forces with another Norwegian player, North Sea Container Line to build and operate the world’s
Maersk has released video showing the float out at Hyundai Heavy Industries of the first of its new series of 16,000 TEU methanol-fueled containerships. At the time it unveiled the design it
Banning the Marshall Islands -flagged containership Big Lilly from Australian waters for 90 days for serious safety and maintenance issues, the Australian Maritime Safety Authority (AMSA) was today sharply critical of its
The Port of New Orleans is pushing ahead on its plans to develop the new Louisiana International Terminal (LIT). The new $1.8 billion state-of-the art container terminal will eliminate air-draft restrictions that
