Adis Ajdin

1 day ago | splash247.com | Adis Ajdin

Nasdaq-listed Greek dry bulk giant Star Bulk Carriers has confirmed sales of five older supramax vessels. The Athens-based company revealed in its first-quarter earnings report it had sold the 2005-built Star Omicron and the 2006-built Strange Attractor. Both ships have already been delivered and renamed Fu Chang and Ocean Melody, respectively.

1 day ago | splash247.com | Adis Ajdin

Germany has approved its first facility dedicated to the dismantling and recycling of large ships. This facility, operated by EWD Benli Recycling, is located in Emden on the site of the parent company Emder Werft und Dock (EWD). The company has secured the necessary governmental permits that classify it as a specialised waste management business, following the approval process, which took about one year.

1 day ago | splash247.com | Adis Ajdin

Japan’s Doun Kisen has further boosted its bulk carrier orderbook in China with three newcastlemax newbuilds. Multiple broking outfits report the diversified shipowner has returned to Nantong Xiangyu Shipbuilding & Offshore Engineering for the 210,000 dwt trio costing between $75m and $76m each. Doun Kisen already has kamsarmax and ultramax bulkers booked for construction at the same yard for delivery from 2025 through 2027.

2 days ago | splash247.com | Adis Ajdin

The world’s largest shipping association, BIMCO, has elected its first president from the Americas. Paul Pathy, president and chief executive of Canada’s largest dry bulk shipping company, Fednav, is taking over from Nikolaus Schües, CEO of German owner F. Laeisz, who is finishing his two-year term. “I am honoured to take on the role of president at BIMCO.

2 days ago | splash247.com | Adis Ajdin

European Union countries have agreed to impose a new raft of sanctions against Russia, including those targeting nearly 200 ships in the so-called shadow fleet used to circumvent restrictions on oil and gas exports. The new round of sanctions, set to be adopted next week, comes as Moscow and Kyiv may hold their first peace talks in Istanbul on Thursday. The wide-ranging 17th package of sanctions is expected to see 189 ships blacklisted, bringing the total list to some 340, mostly aged tankers.