Capesize | Jotup

Castor Maritime Inc. Announces the Completion of the Sale of the M/V Magic Orion

Retrieved on:

Friday, March 22, 2024

LIMASSOL, Cyprus, March 22, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on March 22, 2024, it completed the previously announced sale of the M/V Magic Orion, a 2006-built Capesize bulk carrier vessel, for a price of $17.4 million, by delivering the vessel to its new owner.

Key Points:

LIMASSOL, Cyprus, March 22, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on March 22, 2024, it completed the previously announced sale of the M/V Magic Orion, a 2006-built Capesize bulk carrier vessel, for a price of $17.4 million, by delivering the vessel to its new owner.
The Company expects to record a net gain of approximately $2.0 million from the above-mentioned sale, excluding any transaction-related costs during the first quarter of 2024.

Diana Shipping Inc. Announces Time Charter Contract for m/v Crystalia With Louis Dreyfus Company

Retrieved on:

Friday, March 1, 2024

Bulk carrier, Capesize, Methanol, DSX, Panamax, Employment, Airline

ATHENS, Greece, March 01, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Louis Dreyfus Company Freight Asia Pte.

Key Points:

ATHENS, Greece, March 01, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Louis Dreyfus Company Freight Asia Pte.
Ltd., for one of its Ice Class Panamax dry bulk vessels, the m/v Crystalia.
The employment of “Crystalia” is anticipated to generate approximately US$8.76 million of gross revenue for the minimum scheduled period of the time charter.
A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com .

Diana Shipping Inc. Announces the Signing of Shipbuilding Contracts for Two 81,200 Dwt Methanol Dual Fuel New-Building Kamsarmax Dry Bulk Vessels

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Wednesday, February 14, 2024

Bulk carrier, Capesize, Energy efficiency, WTW, Sale, Panamax, International Maritime Organization, DSX, Artemis, Zhoushan, Greenhouse gas, Marubeni, Methanol, LCA, GHG, NOx, Shipbuilding

ATHENS, Greece, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that it has signed shipbuilding contracts for two 81,200 dwt methanol dual fuel new-building Kamsarmax dry bulk vessels, for a purchase price of US$46 million each.

Key Points:

ATHENS, Greece, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that it has signed shipbuilding contracts for two 81,200 dwt methanol dual fuel new-building Kamsarmax dry bulk vessels, for a purchase price of US$46 million each.
The vessels are expected to be delivered to the Company by the second half of 2027 and the first half of 2028, respectively.
When powered by green methanol, the vessels are designed to produce near-zero GHG emissions based on the well-to-wake (WTW) fuel life cycle assessment (LCA) methodology.
A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com .

Diana Shipping Inc. Announces Time Charter Contract for m/v Leonidas P. C. With Ming Wah

Retrieved on:

Friday, February 9, 2024

Employment, Artemis, DSX, Sale, Bulk carrier, Panamax, Capesize

The charter is expected to commence on February 21, 2024.

Key Points:

The charter is expected to commence on February 21, 2024.
The “Leonidas P. C.” is a 82,165 dwt Kamsarmax dry bulk vessel built in 2011.
The employment of “Leonidas P. C.” is anticipated to generate approximately US$9.18 million of gross revenue for the minimum scheduled period of the time charter.
A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com .

NORDEN reports annual result of USD 400 million for 2023 and continues to return cash to shareholders

Retrieved on:

Thursday, February 8, 2024

Policy, DKK, Capesize, History, Y/Y, USD, Project

COPENHAGEN, Denmark, Feb. 8, 2024 /PRNewswire/ -- NORDEN reports an annual result of USD 400 million (approx. DKK 2,760 million). For the fourth quarter of 2023 net profit amounted to USD 43 million (approx. DKK 297 million). Freight Services & Trading posted a net profit of USD 133 million (approx. DKK 918 million) and Assets & Logistics a net profit of USD 268 million (approx. DKK 1,850 million) for the full-year 2023.

Key Points:

COPENHAGEN, Denmark, Feb. 8, 2024 /PRNewswire/ -- NORDEN reports an annual result of USD 400 million (approx.
For the fourth quarter of 2023 net profit amounted to USD 43 million (approx.
DKK 1,822 million) and with a positive free cashflow of USD 30 million (DKK 207 million) for the fourth quarter of 2023.
"In 2023, NORDEN generated a profit of USD 400 million and a return on invested capital of 32%, making it the fifth best result in the history of the company.

NORDEN reports annual result of USD 400 million for 2023 and continues to return cash to shareholders

Retrieved on:

Thursday, February 8, 2024

Policy, DKK, Capesize, History, Y/Y, USD, Project

COPENHAGEN, Denmark, Feb. 8, 2024 /PRNewswire/ -- NORDEN reports an annual result of USD 400 million (approx. DKK 2,760 million). For the fourth quarter of 2023 net profit amounted to USD 43 million (approx. DKK 297 million). Freight Services & Trading posted a net profit of USD 133 million (approx. DKK 918 million) and Assets & Logistics a net profit of USD 268 million (approx. DKK 1,850 million) for the full-year 2023.

Key Points:

COPENHAGEN, Denmark, Feb. 8, 2024 /PRNewswire/ -- NORDEN reports an annual result of USD 400 million (approx.
For the fourth quarter of 2023 net profit amounted to USD 43 million (approx.
DKK 1,822 million) and with a positive free cashflow of USD 30 million (DKK 207 million) for the fourth quarter of 2023.
"In 2023, NORDEN generated a profit of USD 400 million and a return on invested capital of 32%, making it the fifth best result in the history of the company.

Diana Shipping Inc. Announces Time Charter Contract for m/v Philadelphia With NYK Line

Retrieved on:

Thursday, February 1, 2024

Nippon Yusen, Capesize, Artemis, Bulk carrier, Panamax, Employment, DSX, Sale, Airline

The gross charter rate is US$22,500, minus a 5% commission paid to third parties, for a period until minimum April 20, 2025 up to maximum July 20, 2025.

Key Points:

The gross charter rate is US$22,500, minus a 5% commission paid to third parties, for a period until minimum April 20, 2025 up to maximum July 20, 2025.
The “Philadelphia” is a 206,040 dwt Newcastlemax dry bulk vessel built in 2012.
The employment of “Philadelphia” is anticipated to generate approximately US$9.79 million of gross revenue for the minimum scheduled period of the time charter.
A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com .

Seanergy Maritime Achieves Key Partnership with European Union Funding and Major Industry Stakeholders Under SAFeCRAFT to Revolutionize Maritime Propulsion for Existing Vessels

Retrieved on:

Tuesday, January 30, 2024

Safecraft aims to demonstrate the safety and viability of Sustainable Alternative Fuels (SAFs) in seaborne transportation, accelerating the adoption of SAFs technologies.

Key Points:

Safecraft aims to demonstrate the safety and viability of Sustainable Alternative Fuels (SAFs) in seaborne transportation, accelerating the adoption of SAFs technologies.
This system is also expected to cover a portion of the vessel's propulsion requirements and, therefore, to reduce reliance on conventional fuels.
The strategic partnership with the European Union and key industry stakeholders is another major achievement of our Company towards our global ESG objectives.
“This prominent combination of world-renowned stakeholders consists of classification societies, engineering and industrial firms, the academic community, as well as the European Union.

Diana Shipping Inc. Announces the Sale of a Panamax Dry Bulk Vessel, the m/v Artemis

Retrieved on:

Tuesday, January 23, 2024

Sale, Panamax, Agreement, Capesize, DSX, Bulk carrier, Artemis

Upon completion of the aforementioned sale, Diana Shipping Inc.’s fleet will consist of 39 dry bulk vessels (4 Newcastlemax, 9 Capesize, 5 Post-Panamax, 6 Kamsarmax, 6 Panamax and 9 Ultramax).

Key Points:

Upon completion of the aforementioned sale, Diana Shipping Inc.’s fleet will consist of 39 dry bulk vessels (4 Newcastlemax, 9 Capesize, 5 Post-Panamax, 6 Kamsarmax, 6 Panamax and 9 Ultramax).
As of today, the combined carrying capacity of the Company’s fleet, including the m/v Artemis, is approximately 4.5 million dwt with a weighted average age of 10.59 years.
A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com .
Information contained on the Company’s website does not constitute a part of this press release.

Diana Shipping Inc. Announces Expansion of Previously Announced Joint Venture for Offshore Wind Service Vessels

Retrieved on:

Monday, January 22, 2024

Wind, Panamax, VARD, Acquisition, Capesize, DSX, Bulk carrier

ATHENS, Greece, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that its previously announced joint venture (“Windward Offshore”) with Blue Star Group GmbH & Cie. KG, SeaRenergy Offshore Holding GmbH and SeraVerse GmbH to purchase offshore wind service vessels (“CSOVs”) has excercised its option to acquire two additional newbuilding CSOVs from VARD.

Key Points:

ATHENS, Greece, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that its previously announced joint venture (“Windward Offshore”) with Blue Star Group GmbH & Cie. KG, SeaRenergy Offshore Holding GmbH and SeraVerse GmbH to purchase offshore wind service vessels (“CSOVs”) has excercised its option to acquire two additional newbuilding CSOVs from VARD.
Diana Shipping Inc.’s fleet currently consists of 40 dry bulk vessels: 4 Newcastlemax, 9 Capesize, 5 Post-Panamax, 6 Kamsarmax, 7 Panamax and 9 Ultramax.
As of today, the combined carrying capacity of the Company’s fleet is approximately 4.5 million dwt with a weighted average age of 10.59 years.
A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com.