Shipping

On October 6, the next-generation energy-saving heavy-lift carrier Katori entered the port of Nanao in Ishikawa prefecture for the first time, transporting wind turbine equipment loaded at the port of Dalian and port of Jiangyin, China.

Katori is a next-generation energy-saving ship ordered by NYK Bulk & Projects Carriers Ltd., an NYK Group company, from Jinling Shipyard. The vessel was delivered on September 8.
In the future, Katori will be engaged in the transportation of various types of cargo, including LNG (liquefied natural gas), power plant cargo, and wind power generation equipment.

This ship will be equipped with two 400-ton cranes and be able to lift up to 800 tons of heavy cargo. The hold will be about 95 meters in length at its maximum without any bulkheads. The ships will be hatch coverless, which will allow for navigation with the hatch cover open, and the bridge will be placed at the ship front, enabling the loading of tall and large cargo without worry of any disruption to forward visibility during navigation.

As an environmental benefit, a significant reduction in fuel consumption has been achieved compared to existing ships of the same type with the cooperation of Japanese marine equipment manufacturers. In addition, the vessels can reduce greenhouse gas emissions and meet in advance EEDI (Energy Efficiency Design Index) Phase 3 requirements that will become effective in 2025. These energy-saving heavy-lift vessels give maximum consideration to the environment.

On February 3, NYK released the NYK Group ESG Story, which aims to further integrate ESG into the company’s management strategy and promotes activities that contribute to the achievement of the SDGs (Sustainable Development Goals) through business activities. In the offshore wind power generation business, we are promoting collaboration with domestic and overseas partners and are widely involved in the supply chain.

To strongly promote ESG management, the NYK Group will encourage new value creation as a sustainable solution provider through a business strategy that includes efforts to contribute to the renewable energy business in Japan and overseas.

Capital Ship Management Corp. ('Capital') in an industry first, is to secure ABS notations recognizing investment in decarbonization technologies for its newbuild orders for medium range tankers.

Data quality, data sources and the difference between data and information are all closely examined in the latest edition of The Navigator.

The UK Chamber of Shipping is delighted to announce that Campbell Johnston Clark (CJC) has joined the UK Chamber of Shipping.

Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Olam International Limited, Singapore, for one of its Capesize dry bulk vessels, the m/v Baltimore. The gross charter rate is US$56,000 per day, minus a 4.75% commission paid to third parties, for a time charter trip duration of about ninety (90) days. The charter commenced retroactively as of September 28, 2021. The m/v Baltimore was chartered, as previously announced, to Koch Shipping Pte. Ltd., Singapore, at a gross charter rate of US$13,000 per day, minus a 5% commission paid to third parties.

The “Baltimore” is a 177,243 dwt Capesize dry bulk vessel built in 2005.

The employment of “Baltimore” is anticipated to generate approximately US$5.04 million of gross revenue for the minimum scheduled period of the time charter. 

Diana Shipping Inc.’s fleet currently consists of 36 dry bulk vessels (4 Newcastlemax, 12 Capesize, 5 Post-Panamax, 5 Kamsarmax and 10 Panamax). The Company also expects to take delivery of one Kamsarmax dry bulk vessel by the end of February 2022. As of today, the combined carrying capacity of the Company’s fleet, excluding the one vessel not yet delivered, is approximately 4.6 million dwt with a weighted average age of 10.54 years.

A maritime P&I (protection and indemnity) correspondent is giving seafarers on ships entering Nordic ports access to professional mental health practitioners, to support their wellbeing as they deal with the impact of Covid-19 and the crew change crisis. 

The Cyprus Shipping Chamber welcomes the celebrations of the "World Maritime Day" which has been established by the International Maritime Organisation (IMO) and celebrated globally every year at the end of September.

World Maritime Day 2021 highlights "Seafarers: At the core of shipping’s future".

Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Aquavita International S.A., for one of its Ice Class Panamax dry bulk vessels, the m/v Atalandi.

Shipping needs “one voice” to represent it globally and enable the maritime community to communicate more effectively with regulators, says Mark O’Neil, President of shipmanagement association InterManager and CEO of Columbia Shipmanagement.