Dry bulk shipowner Diana Shipping on Monday announced it has extended the time charter contract with SwissMarine Pte Ltd., Singapore, for one of its Post-Panamax dry bulk vessels, the Alcmene.The gross charter rate is $13,000 per day, minus a 5% commission paid to third parties…

Kongsberg Maritime said it has signed a contract with Turkish tugboat builder Med Marine to deliver heavy duty, Escort Series towing winches for nine escort tugs equipped with azimuth stern drives (ASD).The order follows on from a contract signed…

After the last few weeks of insufferable performances from the major recycling markets, a shade of positivity was observed this week, as owners seem more confident in testing the waters and welcoming firm offers, especially those that are above $500/LDT.On the back of this seemingly positive note…

Danfoss Power Solutions’ Editron division has been chosen by the Pacific Power Group and Seattle shipbuilder Snow & Company to provide the drivetrain system powering the U.S. Department of Energy’s first hybrid-electric research vessel. Due to enter operation in February 2023…