• 2019 March 18 16:27

    Castor Maritime announces time charter contract for Panamax vessel with Oldendorff Carriers

    Castor Maritime Inc. , an international shipping company specializing in the ownership of dry-bulk vessels, has entered into a time charter contract with Oldendorff Carriers GMBH & Co KG Luebeckfor its Panamax vessel Magic P., the company said in its release.

    The gross charter rate is US$ 11,250 per day, for a period of a minimum of five (5) months up to a maximumofabout eight (8) months (for the first 30 days period the daily gross rate is US$ 9,000).

    The charter commenced on March 12, 2019.The “Magic P” is a 76,453 dwt Panamax bulk carrier built in 2004 in Japan.

    All things being equal, this employment is anticipated to generate approximately US$ 1.60million of gross revenue for the minimum scheduled period of the time charterand could reach US$ 2.60million should employment be extended to its maximum period.

    About Castor Maritime Inc.

    Castor Maritime Inc. is an international provider of shipping transportation services through its ownership of a dry bulk vessel. The company’s vessel is employed primarily on medium-term charters and transports a range of dry bulk cargoes, including such commodities as coal, grain and other materials along worldwide shipping routes.




2019 April 18

18:36 South Stream Transport B.V. and Saipem announce the amicable settlement of mutual differences
18:06 Seaway 7 selected as partner to develop Hollandse Kust Zuid Offshore Wind Farm
17:36 WinGD reports strong first quarter 2019
17:11 Launching ceremony held for eighth shallow-draft barge of Project ROB20
17:05 SOFEC completes engineering, supply and delivery of mooring system
16:26 Port of Murmansk to welcome eight cruise liners in summer season of 2019
16:05 Cooperation agreement between Eimskip and Royal Arctic line approved by the Icelandic Competition Authority
15:44 Navios Acquisition announces $103.2 million sale and leaseback transaction for three MR2 product tankers and two LR1 product tankers
15:12 Nefteflot laid down two barges of Project RDB12 ordered by STLC
15:10 MOL to acquire strategic stake in six group companies, each owning a Very Large Ethane Carrier
14:40 Port of Rotterdam freight throughput grows by 5.1% in first quarter of 2019
13:44 Bunker prices are slightly up at the Far East ports of Russia (graph)
13:03 Biggest European shipbuilders collaborate on vessel connectivity in project Code Kilo
12:49 NOVATEK reports preliminary operating data for the first quarter 2019
12:13 Frontex, EMSA and EFCA open second annual European Coast Guard Event
11:51 RF Navy’s Northern Fleet takes part in combat training missions as part of final check for winter training season
11:27 ASCO took part in TransRussia-2019
11:00 ZIM joins to blockchain shipping solution TradeLens
10:44 Shareholders agreement on construction of Lavna terminal signed under Murmansk Transport Hub project
10:28 Brent Crude futures price is up 0.1% to $71.69, Light Sweet Crude – up 0.09% to $63.82
10:09 ABS teams with industry leaders to improve container vessel safety
09:53 Keppel secures integration and upgrading contracts worth around S$160 million
09:37 Tri-City ports take part in Seatrade Cruise Global
09:36 Bunker Market this morning, April 18
09:15 Baltic Dry Index is up to 767 points

2019 April 17

19:00 SMS Towage’s Humber fleet adds new tug
18:36 CMA CGM has announced FAK rates from Asia to North Africa
18:06 DESMI's CompactClean Ballast Water Management System receives US Coast Guard Type Approval
17:36 Denmark's first new-build hybrid ferry on key passenger route
17:06 CMA CGM announces FAK rates from Asia to the Mediterranean
16:38 Matson receives new cranes at its Honolulu hub terminal
16:17 Stena Europe undergoes refit upgrades in Turkey
16:11 Kuehne + Nagel launches first online seafreight service solution with guaranteed lead time in container shipping
15:40 HELCOM addressed nutrients, stormwater and microlitter issues at PRESSURE 10-2019
15:04 Murmansk Commercial Seaport commissions dust and wind shields
14:39 Port of Riga and Port of Qingdao sign Cooperation Agreement
14:02 Damen launches two road ferries for Canadian operator BC Ferries
13:22 DNV GL awards CMHI AIPs for two new offshore designs
12:53 Pacific Fleet warships and Royal Thai Navy hold joint trainings in the Sea of Japan
12:31 Port of Cardiff prepares for start of 2019 cruise season
12:22 Tristar Group signs second major deal with Shell for 6 chemical tankers
12:06 Far East ports’ capacity exceeds that of Russian Railways by 30-40%
11:38 Gazprom Neft completed development of logistic scheme for shipments of Arctic oil under Novy Port project (video)
11:09 GTT posts revenues of €58.9 million in Q1 2019
10:45 Yury Gilts appointed as Managing Director of Volga Shipping Company
10:23 Brent Crude futures price is up 0.36% to $71.98, Light Sweet Crude – up 0.67% to $64.48
10:09 Arkona offshore wind farm switched on in the Baltic Sea
09:37 Bunker prices are slightly down at the port of Saint-Petersburg, Russia (graph)
09:34 MABUX: Bunker market this morning, Apr.17
09:19 Baltic Dry Index is up to 749 points
09:04 Keppel receives final approval for the conversion of Gimi FLNG project

2019 April 16

18:36 Bahri further strengthens market footprint in Asia-Pacific region
18:06 Talos Energy provides additional update on Zama appraisal program
17:50 SCF's “Green Finance” wins Marine Money award
17:36 Songa Bulk ASA to merge with Axxis Geo Solutions AS
17:21 Amphibious ships of RF Navy’s Northern Fleet take part in drills in the Barents Sea
17:06 Fincantieri delivers FREMM “Antonio Marceglia” to the Italian Navy
16:56 Scorpio Bulkers announces sale and leaseback agreements for six dry bulk vessels
16:43 Digital Container Shipping Association launched with Maersk exec installed as CEO
16:22 Nauticor commences supply of LNG by ship to the Gothia Tanker Alliance