Monaco-based tanker owner and operator Navios Maritime Midstream Partners (NAP) plans to launch syndication of a USD 205 million Term Loan B to finance the purchase of up to two very large crude carriers. Apart from financing the purchase…
Lloyd’s Register (LR) recently signed a significant contract with COSCO Zhoushan Shipyard in China for the classification of seven new 3,600 teu containerships. Owned by Maersk Line, the vessels will be built to Danish Flag and have a length of 200 meters and a breadth of 35…
Marine safety equipment leader VIKING Life-Saving Equipment will appear in force at Nor-Shipping 2015, displaying both innovative products and services that are proving popular with shipowners around the world.Shipowner AgreementsFew…
The world’s biggest nuclear-powered icebreaker keel laying ceremony took place of at the Baltic Shipyard on 26 May 2015.Heads of Atomfflot, the Baltic Shipyard and the RS Branch Office for Nuclear Vessels signed a Keel Laying Acceptance Report of the first serial nuclear-powered icebreaker…
Eidesvik Offshore has signed a contract for 19 months with Chevron UK employment for one platform supply vessel (PSV) Viking Princess. The vessel will be delivered to Chevron towards the end of June, and has been trading in the North Sea spot market for the past months…
Greece-based Aegean Marine Petroleum Network Inc. (ANW) reported first-quarter earnings of $12.2 million or $0.25 per share compared with $5.1 million or $0.11 per share last year. The results surpassed Wall Street expectations. The average…
Construction begins on Crowley’s second Commitment Class, LNG-powered ConRo ship for use in the Puerto Rico trade Shipbuilder VT Halter Marine, Inc. has officially started the construction of Taíno, the second of two liquefied natural gas (LNG)-powered…
Meridian’s counter-piracy teams may now operate aboard vessels flying the Panama flag, following a vetting process that validated the quality of the US-based private maritime security company.The final decision was made this week by the Panama Maritime Authority…
In July 2015 international regulation requires all tankers to be compliant with IMO rules for the use of ECDIS and ENCs. As many shipping companies start planning that changeover Global Navigation Solutions (GNS) has today published a white paper…
Glander International Bunkering is proud to announce that Ajay Menon has been appointed as the Managing Director of Glander International Bunkering (India) Private Limited. Prior to his promotion, Mr. Menon was Senior Bunker/Lubricant Trader & Team Leader in the Dubai office…
To develop its large fleet, Groen Offshore, Guard & Support has selected the first Damen Twin Axe Fast Crew Supplier 2610 to be customised with Offshore Oil & Gas standby capabilities. The Netherlands-based company will deploy the new vessel…
SITC International signed a strategic cooperation agreement with Qingdao Port International Co., Ltd. in Qingdao yesterday in order to further strengthen the strategic cooperation in the port and logistics market. Mr. Zheng Minghui, Chairman of Qingdao Port Group…
Following on from the incredibly successful 2014 campaign, Sea Shepherd Global launches Operation Siracusa 2015. Led by Sea Shepherd Italia, the campaign aims to defend the fragile ecosystem of the Plemmirio Marine Reserve, off the Eastern coast of Siracusa in Sicily…
BMT Isis (BMT), a subsidiary of BMT Group Ltd, has announced that it will provide safety and environmental support for JFD’s five-year contract with the UK Ministry of Defence for the provision of the NATO Submarine Rescue System (NSRS).JFD…
Two crew members died after their tugboat sank in waters off the southeastern port city of Busan in Korea, Yonhap reports quoting the authorities. The accident took place around 12:30 p.m. when a towing cable of the 22-ton tugboat, 97 Samyoung…
