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NYK Line Sells Ore Carrier Gaia Pegasus

Japan’s shipping major Nippon Yusen Kabushiki Kaisha (NYK Line) has reached an agreement to sell its 2004-built Ore Carrier Gaia Pegasus to a Greek shipowner, according to data provided by...

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Costamare Delays Delivery of Four Boxships

Athens-based containership owner Costamare Inc. has agreed to postpone the deliveries of the remaining four newbuilding 11,010 TEU containerships, ordered through the company’s joint venture with York Capital. The four vessels, three...

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Singapore – new bunkering procedures

Ships taking deliveries of marine fuel oil in Singapore can from 1 January 2017 rely on quantity figures recorded by the bunker barge’s mass flow metering system, reducing the possibility...

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Japan Manufacturing Growth At 9-Month High

Japan’s manufacturing activity expanded at the fastest pace in nine months in October, survey figures from IHS Markit showed Monday. The Nikkei Flash Manufacturing Purchasing Managers’ Index, or PMI, rose...

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