Search results for: United Prestige

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A list of search results

  • 7 March 2017
    Business & Finance

    Japanese shipping company United Ocean Group has reached an agreement to sell its Panamax bulk carrier United Prestige for a price of USD 21.2 million, according to VesselsValue. The 81,900 dwt bulker, which has a market value of USD 20.4 million, was purchased by Greece-based shipowner Alassia Newships Management. United Prestige will become a part of Alassia Newships Management’s fleet of 9 bulk […]

  • 8 January 2016
    Business & Finance

    Japanese ship owner United Ocean Group (UOG) filed for receivership in Tokyo District Court on December 31st having succumbed to over USD 1bn of debt. The company failed to pay it dues to the creditors, including Mizuho and Tokyo Mitsubishi, due to cash flow deterioration resulting from profit slump as shipping market underwent an economic slowdown. […]

  • 16 August 2018

    New Times Shipbuilding names Navig8′ new 111,000 dwt oil tanker.

  • 5 February 2018

    The fire that broke out on MOL Prestige boxship on February 1, has been extinguished.

  • 16 March 2018
    Business & Finance

    MPC Container Ships ASA continues its ambitious fleet buildup campaign.

  • 30 September 2013

    Navantia and US Navy have signed a service contract of four destroyers who will be deployed during 2014 and 2015 in the Naval Base of Rota, as part of the BMDl, according to the agreement reached between both governments in 2011 and signed in 2012. The contract includes the maintenance of these units in the […]

  • 17 September 2013

    Capital Product Partners L.P., has announced the successful acquisition of three 5,023 TEU container vessels from its sponsor Capital Maritime for an aggregate purchase price of $195 million. The vessels M/V CCNI Angol (ex Hyundai Prestige), the M/V Hyundai Privilege and the M/V Hyundai Platinum, were built by Hyundai Heavy Industries. Co. Ltd. in 2013. […]

  • 6 August 2013
    Business & Finance

      Capital Product Partners L.P. yesterday announced that it plans to offer 11,900,000 common units representing limited partnership interests in a public offering. The Partnership expects to grant the underwriters a 30-day option to purchase an additional 1,785,000 common units to cover overallotments, if any. The Partnership intends to use the net proceeds from the […]

  • 16 June 2020
    Business developments & projects, Equipment, Technology

    The Italian Navy has selected subsea rescue system developed by energy services player Saipem in collaboration with Drass. It will equip the SDO-SuRS (Special & Diving Operations – Submarine Rescue Ship) ship, the new vessel for the rescue of submarines. The system integrates a latest generation remote operated vehicle (ROV) with a rescue capsule. The […]

  • 12 March 2014
    Business & Finance

    MAN has seen 2014 off to a successful start and received a large number of new major orders which include marine engines designed for new cruise ships. Supplying marine diesel engines for the cruise industry traditionally brings prestige. Thanks to the boom in cruises, more and more ships are being built which is significantly pushing […]

  • 7 October 2014
    Business & Finance, Equipment

    The managing director of rapidly growing subsea specialist ROVOP has received a prestigious industry recognition after being named as the UK’s EY Entrepreneur of the Year 2014 for international business growth. Judges singled out Steven Gray from a shortlist of the nation’s most successful and innovative business leaders, for his outstanding achievement in building an organisation […]

  • 16 June 2011

      The European Commission has requested Belgium, Estonia, France, Hungary, Austria, Poland, Portugal, Finland and the United Kingdom to adopt national legislation to implement EU rules setting up a vessel traffic monitoring and information system . The rules in question, an important measure to prevent loss of life and environmental damage from shipping accidents, were […]

  • 31 October 2018
    Business & Finance

    Capital Product Partners is planning to install scrubbers on up to 14 of its larger vessels.

  • 17 September 2013
    Business & Finance

    Capital Product Partners L.P. (CPLP), an international diversified shipping company announced on September 12, the successful acquisition of three 5,023 TEU container vessels, namely the M/V CCNI Angol (ex Hyundai Prestige), the M/V Hyundai Privilege and the M/V Hyundai Platinum, from its sponsor Capital Maritime & Trading Corp. (Capital Maritime) for an aggregate purchase price […]

  • 30 January 2013

    On April 11th 2013 the China (Shanghai) International Boat Show (CIBS) comes of age and once more shows itself to be the key to the Chinese water leisure market. CIBS has grown virtually every year since its birth in an underground car park 18 years ago and 2013 is no exception with its exhibition area […]

  • 8 August 2016

    A lot of green technologies revolve around efficiency. Normally it is about making more with the same amount of energy. Sicco Kamminga of the company Nortek BV does the same, only he makes data more efficient. With a technique called SeaDarQ, a radar-based tool, it is easy to spot oil spills from a large distance, […]

  • 13 November 2017
    Business & Finance

    Following a recent spate of ultra large container vessel (ULCV) orders, the addition of any further boxship giants to the orderbook would damage carriers’ chance of reaching a supply and demand balance, shipping consultancy Drewry said. The current containership orderbook is very top-heavy with ships of 18,000 TEU and above, with almost 50% of all ships scheduled to […]

  • 7 October 2014
    Business & Finance

    The managing director of a subsea specialist ROVOP on October 2 received prestigious industry recognition after being named as the UK’s EY Entrepreneur of the Year 2014 for international business growth.   ROVOP says that judges singled out Steven Gray from a shortlist of the nation’s most successful and innovative business leaders, for his outstanding […]

  • 14 October 2013
    Business & Finance

    Drydocks World and Maritime World, the leading global service provider of marine and maritime diverse sectors, received high-level delegation from the Suez Canal Authority, chaired by H.E Admiral Mohab Mohamed Hussien Mameesh, Chairman & Managing Director of the Suez Canal Authority, the delegation included Eng. Nader Abbas Mohamed Fors, Board Member & Shipyards Director and […]

  • 30 March 2018
    Business & Finance, Rules & Regulation

    The UAE companies are repeat offenders with regard to breach of seafarers rights.

  • 31 October 2011
    Business & Finance, Equipment

    Hertz Global Holdings, Inc.  announced that its equipment rental division, Hertz Equipment Rental Corporation, (HERC) has acquired Delta Rigging & Tools’ offshore equipment rental division based in New Iberia, La., expanding its Oil and Gas customer base into the offshore market. “Hertz continues to make strategic investments in the oil and gas exploration and production […]

  • 13 February 2014
    Business & Finance

    Shipowners, Salvors and Insurers – through their respective trade associations – have jointly called for the prompt and proper implementation of international measures to provide a Place of Refuge for stricken vessels, following a series of incidents where casualty vessels have been delayed in accessing a safe harbour. The International Chamber of Shipping (ICS) says […]