Topic
vessel charter
Logistics Diana Shipping Locks In Nearly 30% Rate Increase for Ultramax in New Fednav Charter
Diana Shipping finalized a new time charter for its ultramax DSI Pegasus with Fednav at $18,350/day, nearly 30% above the previous Cargill rate. The deal runs from July 27, 2026 through at least August 15, 2027 with an extension option, expected to generate approximately $6.95m in gross revenue.
Marco Polo Marine Secures Multi-Year Siemens Gamesa CSOV Deal for Asia-Pacific Offshore Wind
Singapore-based offshore vessel player Marco Polo Marine has signed a multi-year framework agreement with Siemens Gamesa Renewable Energy for the deployment of two commissioning service operation vessels (CSOVs) in the Asia-Pacific region. The deal, made through Marco Polo Marine’s PKR Offshore unit, covers Siemens Gamesa projects in Taiwan on a non-exclusive basis, with potential work in South Korea and Japan.
Logistics Diana Shipping Secures Improved Kamsarmax Charter at $16,850 per Day for Medusa Bulker
Diana Shipping has fixed its kamsarmax bulker Medusa to Aquavita International at a gross rate of $16,850 per day, a 29.6% increase over its previous charter with Cargill. The deal runs from July 10 to at least October 5, 2027, and builds on Diana's improving forward cover.
Logistics Indian Refiner MRPL Cancels Iraq Crude Vessel Charter Amid Hormuz Tensions
Mangalore Refinery and Petrochemicals Ltd (MRPL) has cancelled a charter for the Aframax tanker Jasmin Joy to load crude oil from Iraq, citing technical reasons. The cancellation comes amid heightened tensions in the Strait of Hormuz, where attacks on ships have prompted authorities to raise the threat risk to 'severe'. MRPL is currently scouting for a replacement vessel.
Logistics Integrated Wind Solutions Secures Additional Charter Awards, Boosting 2026 Backlog
Integrated Wind Solutions (IWS) has secured new charter commitments for its Skywalker-class commissioning service operation vessels (CSOVs), adding approximately 120 days and €6 million to its 2026 backlog. An undisclosed Tier 1 client and an existing client extension push the contracted days for the last three quarters of 2026 to 94%, including options.