GMC Maritime Training Center, located in Piraeus, Greece, is launching into the Dynamic Positioning (DP) Training market,

The factor of Iran's sanctions is not only impacting the tanker markets, but also the oil market in general, as the country appears to be increasing its oil storage at sea. According to the latest weekly report from shipbroker Gibson, "the on-going saga of Iranian sanctions appears to be no nearer any kind of resolution or compromise and

On May 22th, the 206.100 dwt very large ore carrier (VLOC) "NEGONEGO" has been delivered.  It is the second ship of the three according

Members of the Hellenic War Risks Club (“the Hellenic”) will be paying 50% less annual premium for their war risks insurance following a

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced yesterday that

A threat looms to the Panamanian ship registry because the Greek parliament approved a tax reform that will impact the ship owners in

In its latest report on first quarter results, Golar LNG Partners provided some useful insights on the LNG tanker markets. According to the report, LNG Atlantic supply started to increase at the end of April and spot shipping demand and rates have increased during May as a result. Medium term shipping demand has also started to emerge

Following the certification of the COSTAMARE Maritime Training Services S.A. according to ISO 9001:2008 by GL System

COSCO's presence at the port of Piraeus is a successful example of cooperation between Greece and China which can encourage further bilateral collaboration, Greek

The 1st Roundtable organized by ERMA FIRST ESK Engineering Solutions S.A. was held in Shanghai, China, as part of its

Following the general trend noticed during this year in terms of newbuilding ordering activity -- or rather setting it -- Hellenic ship owners have pulled the trigger in 44% more orders during the first four months of the year, i.e. in the January-April period. The most remarkable is the 300% increase in container ship

Another Hurricane season is fast approaching with all predictions pointing towards grave weather conditions, possible even more serious than last year's events. According to the latest report from Mcquilling Services, "on May 23, NOAA that during the 2013 Hurricane Season, which begins on June 1 and ends on November

Hellenic shipowners must now pay tonnage tax on ships operating under flags other than the Hellenic flag which are managed by companies based in Hellas, or offshore companies which have a branch in Hellas, operating under Law 89 of the Greek constitution. Michael Kotsapas, a partner with the Moore Stephens shipping team, says, “This new requirement

Costamare Inc. announced yesterday that it has entered into a joint venture Framework Deed

It's been yet another week on increased newbuilding ordering activity with Hellenic ship owners appearing rathe active, on the back of attractive financing obtained in China. According to the latest shipbuilding report by Clarkson Hellas, most of the ordering has been happening in the dry bulk sector, but there have also

Globus Maritime Limited, a dry bulk shipping company, yesterday reported its unaudited consolidated operating and financial results for the quarter ended March 31, 2013.
Current Fleet Deployment:
The vessels Star Globe and Tiara Globe are currently operating on

Aegean Marine Petroleum Network Inc. yesterday announced the launch of the syndication on a

Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes,

Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry

The market for dirty tankers which typically carry crude oil are still experiencing a rather challenging period for ship owners. Still, despite the fact that the clean tanker market has stolen the glory during the past few months, with reports of improved demand, reasonable tonnage supply and rosy outlook, the market for dirty tankers and especially the Aframax class could be in for a shift for