Computational Fluid Dynamics

Over just the past fifteen years, the use of Computational Fluid Dynamics (CFD) has become mainstream in ship design.

FSL Trust Secures Charter Extensions for Tanker Trio

Singapore’s FSL Trust Management Pte, the trustee-manager of First Ship Lease Trust, has inked a new ...

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Odfjell Inks Long Term Charters for Two Newbuildings

As part of its fleet renewal and growth strategy, the Norwegian shipowner Odfjell has finalized long term bareboat ...

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Odfjell Inks Charter Deals for New Chemical Tankers

Norwegian shipping and tank terminal company Odfjell SE has entered into long term charter agreements for two new ...

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Navios Midstream Secures VLCC Charter Deal

Monaco-based tanker owner and operator Navios Maritime Midstream Partners has entered into a charter agreement for ...

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Golar Power Secures 25-Year FSRU Charter Deal

Golar Power, a join venture company between LNG shipping firm Golar LNG Limited and private equity firm Stonepeak ...

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Jo Tankers Duo Gets Charter Extension from Vitol

Energy trader Vitol has extended the charter contracts for two LR1 tankers owned by Norway-based shipping company ...

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Three Bulkers Chartered to Hanjin Shipping Sold

Three bulk carriers chartered to the South Korean shipping company Hanjin Shipping have been sold following the ...

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MOL, Gas Sayago Seal Uruguay LNG FSRU Charter Deal

Lakler S.A., a wholly owned  subsidiary of the Tokyo-based Mitsui O.S.K. Lines, Ltd. (MOL), has agreed to conclude ...

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Capital Product, HMM Agree On Charter Rate Cuts

Athens-based Capital Product Partners has agreed to lower the rates for five of its 5,023 TEU container ships ...

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NAT Sends Suezmax on 30 Month Charter

Bermuda-based tanker owner Nordic American Tankers (NAT) has entered into a 30-month charter contract with a ...

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TEN Secures 40-Month Charter for VLCC Ulysses

Greek tanker owner and operator Tsakos Energy Navigation (TEN) has entered into a 40-month charter contract with ...

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Lower Charter Rate for Diana’s Medusa

Greek dry bulk ship owner and operator Diana Shipping has entered into a time charter contract with ...

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Dynagas LNG Partners Finds Work for LNG Duo

Owner and operator of LNG carriers Dynagas LNG Partners LP. has secured long-term work for two of its LNG carriers ...

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Bumi Armada Goes to Court over FPSO Charter Termination

Malaysia-based offshore services provider Bumi Armada Berhad has decided to take legal action against the ...

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Scorpio Charters-In Handymax Trio

Tanker owner Scorpio Tankers has inked deals to time charter-in three ice class 1A Handymax product tankers with an ...

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Rickmers Maritime Plunges to Full Year Loss

Singapore-listed containership owner Rickmers Maritime recorded a net loss of USD 129.6 million in the fourth ...

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Belships Swaps Vessels in Canpotex Charter Deal

Norwegian dry bulk owner and operator Belships has decided to replace the vessel currently employed on a time ...

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Shell Hires China VLCC’s Supertanker

Shanghai-listed China Merchants Energy Shipping (CMES) said that its subsidiary China VLCC signed a charter deal ...

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Diana Shipping Continues Charter Spree

Greek dry bulk shipping company Diana Shipping Inc. has entered into a time charter contract for one of its ...

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New Lease Accounting Standard to Impact Maritime Sector

A new international accounting standard dealing with leases could have major implications for companies in the ...

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Concordia Maritime Charters Out P-MAX Tanker

Swedish tanker shipping company Concordia Maritime has signed a contract with an undisclosed Chinese shipping ...

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