Why fleet growth is not a guaranteed recipe for success  – Warungku Terkini

Pierre Aury dissects the merger between Star Bulk and Eagle Bulk. December 11 last year saw Star Bulk Carriers Corp and Eagle Bulk Shipping announce that: “the companies have entered into a definitive agreement to combine in an all-stock merger on a Net Asset Value to Net Asset Value (“NAV”) basis with a pro formaRead More

DryDel Shipping adds kamsarmax bulker to its fleet – Warungku Terkini

MarineTraffic / Andy Ru Greek bulker player DryDel Shipping has expanded its fleet with a 2015-built kamsarmax bulker. The 81,841 dwt Beluga, formerly the Nord Beluga, was delivered in Singapore to DryDel Shipping on Wednesday. It has been known for some time that the vessel has been bought for $27m but the buyer was describedRead More

Japan grows next-generation submarine fleet – Warungku Terkini

The Japan Maritime Self-Defense Force (JMSDF) has commissioned its third Taigei-class diesel-electric submarine on 8 March, JS Jingei (SS 515), the service announced on the same day. According to the JMSDF, Jingei – which translates into ‘Swift Whale’ – was inducted into the Yokosuka-based Submarine Division 4 of Submarine Flotilla 2, shortly after a ceremonialRead More

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