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Performance Shipping Inc. Announces Results of 2020 Annual Meeting of Shareholders and Changes to Board of Directors and Executive Officers
Tuesday, 03 March 2020 13:11

Performance Shipping Inc. Announces Results of 2020 Annual Meeting of Shareholders and Changes to Board of Directors and Executive Officers

ATHENS, GREECE, February 28, 2020 – Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the…
Panahon presence boosts PISR in the Far East
Monday, 02 March 2020 21:01

Panahon presence boosts PISR in the Far East

Palau International Ship Registry (PISR) has appointed Panahon Marine Surveys Services Pte Ltd in Singapore as one of its new…
Ship’s Engineer George Bougioukas (Center) holding his passport in Djibouti. Photo from protothema.gr
Monday, 02 March 2020 13:37

Greek Ship’s Engineer Returns After 168 Days of Captivity in Djibouti

George Bougioukas, a first engineer on the ship Ptolemaios (Ptolemy), returned on Saturday to Greece after a total of 168…
INSB Class obtains RO status by Vanuatu Ship Registry-VMSL
Friday, 28 February 2020 08:56

INSB Class obtains RO status by Vanuatu Ship Registry-VMSL

Effective 25th February 2020, we are pleased to announce that INSB Class has been awarded Recognized Organization status by the…
The “2020 Capital Link Greek Shipping Leadership Award” was presented to: Mr. George Procopiou
Friday, 28 February 2020 08:48

The “2020 Capital Link Greek Shipping Leadership Award” was presented to: Mr. George Procopiou

The “11th Annual Capital Link Greek Shipping Forum” was held in Athens on Thursday, February 20th, 2020, at the Hilton…
Coronavirus effects on the Clean Tanker Market
Thursday, 27 February 2020 10:50

Coronavirus effects on the Clean Tanker Market

ondon IP week 2020 is in full swing. Coronavirus and its effects on global GDP, trade, demand and the oil…
BW LPG declares option for additional four LPG dual-fuel engines, bringing our investment to eight
Thursday, 27 February 2020 09:11

BW LPG declares option for additional four LPG dual-fuel engines, bringing our investment to eight

(Singapore, 10 February 2020) BW LPG announced today that it has exercised an option for the delivery of four additional LPG…
The MSC Gülsün vessels use the world’s first on-deck firefighting monitors – fixed water cannons to slow and stop the spread of fire by cooling, which have a reach of more than 100 metres. (Image care of MSC)
Thursday, 27 February 2020 08:45

DNV GL awards MSC new container ship fire safety notation

London, 25 February 2020: At DNV GL’s recent annual London press briefing, DNV GL – Maritime CEO Knut Ørbeck-Nilssen announced…
Dry bulk shipping: seasonality, higher fuel costs, and coronavirus disruption behind poor start to new decade for dry bulk earnings
Wednesday, 26 February 2020 11:15

Dry bulk shipping: seasonality, higher fuel costs, and coronavirus disruption behind poor start to new decade for dry bulk earnings

The fundamental balance will continue to deteriorate in 2020, offering little support to operators hoping to pass on higher fuels…
Container Shipping: carriers struggling with higher fuel costs face little support from market fundamentals
Wednesday, 26 February 2020 11:12

Container Shipping: carriers struggling with higher fuel costs face little support from market fundamentals

Low demand growth will continue into 2020, with carriers struggling to increase freight rates enough to cover the additional costs…

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