People & Company News

 

Diana Containerships TC Contract for m/v Pamina with HMM

Aug 09, 2018

Diana Containerships announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Hyundai Merchant Marine Co., Ltd., Seoul, for one of its Panamax container vessels, the m/v Pamina.The global shipping…

Diana Containerships Announces Time Charter

Aug 09, 2018

Diana Containerships Inc. announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Hyundai Merchant Marine Co., Ltd., Seoul, for one of its Panamax container vessels, the m/v Pamina. The Pamina is a 5…

Khaydukov Named President of PAO Novoship

Aug 09, 2018

The Board of Directors of Russian tanker shipping company PAO Novoship has elected Alexey Khaydukov as the company’s new President.Khaydukov replaces the firm’s previous President, Yury Tsvetkov, who stepped down from his role on August 8, 2018…

'Maritime Center of Excellence' Launched in Long Beach

Aug 09, 2018

Port of Long Beach and Long Beach City College leaders officially launched an new program this week to provide opportunities to local students seeking the employment skills they need to join the goods movement workforce.The Port of Long Beach…

Deep Casing Tools Re-enters Canada

Aug 08, 2018

Aberdeen-based oil field technology firm Deep Casing Tools (DCT), which specialises in the design and manufacture of casing and completion tools, has agreed a pact with a Canadian distributor, ProTorque Connection Technologies (PTCT).The partnership with ProTorque…

Arkon Shipping Rolls-out New Chartering JV

Aug 08, 2018

German shipmanager Arkon Shipping has teamed up with a number of compatriot firms to form Arkon Allied Container (AAC), a new chartering joint venture.AAC was founded by Arkon Shipping together with the shipping companies Jüngerhans, Wessels…

Vinalines Mulls USD 210mln IPO

Aug 08, 2018

Vietnam’s government is targeting to raise VND4.89 trillion ($210 million) from an initial public offering (IPO) of Vietnam National Shipping Lines (Vinalines) scheduled on September 5, 2018.According to an official release on Hanoi Stock Exchange (HNX)…

d’Amico International Sells, Leaseback MT High Loyalty

Aug 08, 2018

d’Amico International Shipping, an international marine transportation company operating in the product tanker market, announced that its operating subsidiary d’Amico Tankers (Ireland) signed a memorandum of agreement and bareboat charter contract for the sale and leaseback of the MT High Loyalty…

MSC Cruises Pact for USD 1.7bln Loan for New Seaside EVO Ships

Aug 07, 2018

Cruise liner MSC Cruises has reached an agreement for an EUR 1.5 billion (USD 1.74 billion) financing for two new Seaside EVO class cruise ships.BNP Paribas, Unicredit and Cassa Depositi e Prestiti will provide EUR 1.5bn in financing for two Seaside EVO class passengerships…

Trafigura to Build U.S. Deep-Water Oil Port

Aug 07, 2018

Swiss commodities trader Trafigura has applied to build a deep-water port in Corpus Christi, Texas, on the Gulf of Mexico, which will be able to load supertankers, reports FT.The report said that the plan would see the commodity house build…

WFW Advises ING Bank on USD 220mln Nine Vessel Financing

Aug 07, 2018

Watson Farley & Williams (WFW) has advised ING Bank, London Branch (ING) in connection with a US$87m increase to a US$131m loan facility originally granted to Latsco Shipping Ltd (Latsco) to finance the construction of five new high-spec MR product tankers…

MOL Blue Ocean Environmental Bonds will be Japan's 1st Green Bonds

Aug 07, 2018

Mitsui O.S.K. Lines (MOL) announced a plan to issue green bonds (its 20th and 21st series unsecured corporate bonds) through a public offering in Japan's domestic market. It also announced the acquisition of a second opinion from a third-party institute…

“Your nation needs you … now more than ever in our history”

Aug 07, 2018

The words of General Darren McDew rang true to Massachusetts Maritime Academy's nearly 400 graduates on a beautiful, albeit rain soaked, Saturday this past June.General McDew, who received an honorary doctorate at the 2018 Commencement, leads the United States Transportation Command and…

Half a Million Seafarers Benefited from 'Ship Visitor' App

Aug 07, 2018

Half a million seafarers have benefited from an app that helps them as they move from port to port around the world, according to the charity that invented it.Developed by international maritime charity Sailors’ Society, the International Christian…

Braemar Shipping Services Adds New LNGC 'LNG Schneeweisschen'

Aug 06, 2018

Braemar Shipping Services announced the successful delivery of the 180,000m3 Liquid Natural Gas Carrier (LNGC) called “LNG Schneeweisschen” from Daewoo Shipbuilding & Marine Engineering (DSME), South Korea, as part of the ongoing LNGC newbuilding…

Logistics News

Greek Shipyard Workers Pause Work Amidst Heatwave

Greek Shipyard Workers Pause Work Amidst Heatwave

Greensea IQ’s Hull Cleaning Service Expands to Port of New York and New Jersey

Greensea IQ’s Hull Cleaning Service Expands to Port of New York and New Jersey

Eco Wave Power Eyes South Africa for Wave Energy Plant

Eco Wave Power Eyes South Africa for Wave Energy Plant

Exports Continue From Reservoirs After Tainted Oil Detected in Ceyhan Port Tanks

Exports Continue From Reservoirs After Tainted Oil Detected in Ceyhan Port Tanks

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Oil loadings in western Russian ports to fall in August
Alphabet lifts the S&P 500, Nasdaq and Nasdaq to record closings
Alphabet lifts the S&P 500, Nasdaq and Nasdaq to record closings