Safeen Feeders teams with compatriot trader Invictus to expand dry bulk fleet

AD Ports Group’s Safeen Feeders has struck a deal with compatriot commodity trader Invictus Investment to launch a new international dry bulk shipping service. The deal will see the two companies purchase ships through special purpose vehicles, owned 85% by Safeen Feeders and 15% by Invictus...

https://splash247.com/safeen-feeders-teams-with-compatriot-trader-invictus-to-expand-dry-bulk-fleet/

Sterling Shipping continues fleet expansion with fourth kamsarmax deal

Bulker owner Sterling Shipping has expanded its fleet with the purchase of its fourth secondhand kamsarmax. The Malta-incorporated company has taken delivery of the 2011-built , formerly known as Derby, following an agreement earlier this year with French international banking group Crédit Agricole...

https://splash247.com/sterling-shipping-continues-fleet-expansion-with-fourth-kamsarmax-deal/

New UCL report claims $850bn of LNG-capable tonnage risks being stranded by 2030

A new report from the influential UCL Energy Institute argues that as much as $850bn of tonnage is at risk of being stranded by 2030, if the shipping sector continues investing in LNG-capable ships as policies that incentivise shipping to decarbonise in line with the Paris Agreement, would erode...

https://splash247.com/new-ucl-report-claims-850bn-of-lng-capable-tonnage-risks-being-stranded-by-2030/

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