Vessels News

 

GasLog Secures $1B for Newbuilds

Dec 17, 2019

GasLog signed an Export Credit Agency-backed debt financing of $1.05 billion with 12 international banks for its current newbuilding program.The LNG carrier owner and operator has seven LNG carriers on order at South Korean shipyard Samsung Heavy Industries (SHI)…

BIMCO: Climate Ambitions Not Achieved Alone

Dec 13, 2019

BIMCO has welcomed the recognition of the European Commission (EC) that climate change is a global issue that requires mobilization of partners internationally.In The European Green Deal, published on December 11, 2019 by the European Commission…

KHI Intros World's First Liquefied Hydrogen Carrier

Dec 11, 2019

The world’s first liquefied hydrogen carrier, built to ship large quantities cryogenically frozen H2 internationally, was launched by Japan's Kawasaki Heavy Industries (KHI) at it's Kobe Works yard.The Suiso Frontier (‘suiso’ means ‘hydrogen’…

Pella Sietas Wins $111M Icebreaker Deal

Dec 09, 2019

Pella Sietas, a shipbuilding company in Neuenfelde, Hamburg, has secured a EUR100 million ($111Mln) order from Russian authorities for a new icebreaker described as the biggest ever built in Germany.The new icebreaker, 'Eisbrecher7', with a length of 120m…

Daewoo Wins Aggelikousis Order for 3 Ships

Dec 09, 2019

South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering Co (DSME) said that it has secured a US$380 million order to build three vessels from Angelicoussis Shipping Group (ASGL), the Greek provider of marine shipping services…

Ocean Yield Adds LR2 Tanker Trio

Dec 05, 2019

Norwegian ship owner and operator Ocean Yield ASA has taken delivery of three long range 2 (LR2) product tankers built in China.The three LR2 product tankers are Navig8 Pride (2018-built), Navig8 Providence (2018-built) and Navig8 Prestige (2019-built)…

CMA CGM and Total to Develop LNG Ship Refueling in Marseille

Dec 04, 2019

Container shipping firm CMA CGM will use the French Mediterranean port of Marseille for refueling some of its planned gas-powered vessels, backed by a supply partnership with energy group Total.Total will supply liquefied natural gas (LNG) and…

Odfjell Adds Navig8 Chemical Tankers

Dec 03, 2019

Navig8 Chemical Tankers, an international shipping company focused on the transportation of chemicals,  has agreed to enter four of its 25,000-dwt chemical tankers into a pool operated by the Norwegian tanker owner and operator Odfjell.Following the delivery of the vessels…

Diana Shipping Wins Ausca, Koch Charters

Dec 03, 2019

Diana Shipping  announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Ausca Shipping Limited, Hong Kong, for one of its Kamsarmax dry bulk vessels, the m/v Myrsini.According to the global…

Diana Shipping Posts $1.8M Q3 Net Income

Dec 02, 2019

Diana Shipping reported net income of $1.8 million and net income attributed to common stockholders of $3 million for the third quarter of 2019. This compares to net income of $14.8 million and net income attributed to common stockholders of $13…

DFDS in Charter Deal with CLdN

Dec 02, 2019

Danish international shipping and logistics company DFDS has entered into two mutual space charter agreements with the Luxembourg-based short sea specialist Compagnie Luxembourgeoise d'Navigation (CLdN) CLdN that also operates a freight ferry route between Gothenburg and Zeebrugge…

DecarbonICE Project for Green Shipping

Nov 29, 2019

A group of world leading shipping companies including NYK, Sovcomflot, Knutsen OAS and Ardmore, ship builders, including DSME and the mining company Vale, have therefore teamed up with Denmark based Maritime Development Center to develop such…

Gasum Makes its 1st Cruise Ship STS LNG Bunkering

Nov 28, 2019

The Nordic energy company Gasum said that its liquefied natural gas (LNG) bunker vessel Coralius conducted first ever ship-to-ship (STS) bunkering to a cruise ship - Carnival Corporation's cruise vessel Costa Smeralda.During the bunkering operation…

India Accedes to Ship Recycling Convention

Nov 28, 2019

India, one of the world's five major ship recycling countries, has acceded to the IMO Hong Kong Convention, the treaty that will set global standards for safe and environmentally-sound ship recycling.India's accession brings this important convention a significant step closer to entering into force…

CMBFL Sells and Lease Back 20 Tankers

Nov 27, 2019

CMB Financial Leasing (CMBFL) sign a $415.6 million sale and lease back transaction of 20 chemical tankers with Stolt Tankers, a UK-based provider of transportation and storage for liquids, notably specialty and bulk liquid chemicals, the proceeds…

Logistics News

Stena Line Urged to Stop Transporting Unweaned Calves

Stena Line Urged to Stop Transporting Unweaned Calves

Brunswick is Top US Port for Autos

Brunswick is Top US Port for Autos

Canaveral Port Supports US Space Program

Canaveral Port Supports US Space Program

Only One Bid, DEME, for Argentina River Dredge Contract

Only One Bid, DEME, for Argentina River Dredge Contract

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