Green Marine
Filipino Crew Repatriated after Months of Limbo
Twenty out of the twenty-four Filipino crew members on board MV Golden Arrow III, a Panamanian flagged-bulk carrier, will be repatriated to the Philippines after a couple of months of being stranded in Aleveri Port in Greece, the Philippine Embassy based in Athens reports. “They will disembark from
Filipino Crew Repatriated after Months of Limbo
Twenty out of the twenty-four Filipino crew members on board MV Golden Arrow III, a Panamanian flagged-bulk carrier, will be repatriated to the Philippines after a couple of months of being stranded in Aleveri Port in Greece, the Philippine Embassy based in Athens reports. “They will disembark from
Greek Catamaran Ferry Runs Aground off Tinos
A Greek catamaran ferry was safely evacuated with no reported injuries to its 253 passengers and crew after running aground off the island of Tinos in the Aegean Sea on Sunday, the Hellenic Coast Guard reports. The 1999-built Flying Cat 4 ran aground after reportedly missing the entrance to the Port
Greek Catamaran Ferry Runs Aground off Tinos
A Greek catamaran ferry was safely evacuated with no reported injuries to its 253 passengers and crew after running aground off the island of Tinos in the Aegean Sea on Sunday, the Hellenic Coast Guard reports. The 1999-built Flying Cat 4 ran aground after reportedly missing the entrance to the Port
Update: Lithuanian Shipping Company Dodges Bankruptcy
The Government of Lithuania has struck a deal that will save its debt-laden bulk shipping company PC ‘Lithuanian Shipping Company’ (LSC) from bankruptcy. Namely, an agreement was reached with the company’s creditors to postpone debt payment. “After the agreement to postpone the debts repayment term
Update: Lithuanian Shipping Company Dodges Bankruptcy
The Government of Lithuania has struck a deal that will save its debt-laden bulk shipping company PC ‘Lithuanian Shipping Company’ (LSC) from bankruptcy. Namely, an agreement was reached with the company’s creditors to postpone debt payment. “After the agreement to postpone the debts repayment term
Five Ferry Operators Get EU Funding to Install Scrubbers
Five European ferry operators are to receive European Union (EU) grants totalling EUR 48 million towards the cost of installing exhaust scrubber systems to meet the 0.1% sulphur emissions limit in force since January. The awards are among the latest under the multi-annual Motorways of the Seas progr
Five Ferry Operators Get EU Funding to Install Scrubbers
Five European ferry operators are to receive European Union (EU) grants totalling EUR 48 million towards the cost of installing exhaust scrubber systems to meet the 0.1% sulphur emissions limit in force since January. The awards are among the latest under the multi-annual Motorways of the Seas progr
BG Confirms Brazil’s Final Merger Clearance
British multinational oil and gas major BG Group plc has confirmed that the recommended cash and share offer for the company to be made by Royal Dutch Shell plc (Shell) has received final unconditional merger clearance from the Brazilian competition authority (CADE). The unconditional clearance foll
BG Confirms Brazil’s Final Merger Clearance
British multinational oil and gas major BG Group plc has confirmed that the recommended cash and share offer for the company to be made by Royal Dutch Shell plc (Shell) has received final unconditional merger clearance from the Brazilian competition authority (CADE). The unconditional clearance foll
DFDS Seaways Ferry Hit by Distress Flare, Dover-Calais Sailings Suspended
Ferry operator DFDS Seaways has suspended its sailings from Dover to Calais port until further notice after one of its vessels was hit by a distress flare. The sailings were suspended “for the safety of our staff, passengers and ships“, DFDS spokeswoman told BBC. As reported, the flare was shot on S
DFDS Seaways Ferry Hit by Distress Flare, Dover-Calais Sailings Suspended
Ferry operator DFDS Seaways has suspended its sailings from Dover to Calais port until further notice after one of its vessels was hit by a distress flare. The sailings were suspended “for the safety of our staff, passengers and ships“, DFDS spokeswoman told BBC. As reported, the flare was shot on S
Diana Inks Loan Facility
Bulker owner and operator Diana Shipping Inc. has signed a five year term loan facility with BNP Paribas for up to USD 165 million. On July 24, 2015, it completed a drawdown of USD 165 million, secured by the vessels m/v Oceanis, m/v Alcyon, m/v Nirefs, m/v Triton, m/v Dione, m/v Danae, m/v Norfolk,
Diana Inks Loan Facility
Bulker owner and operator Diana Shipping Inc. has signed a five year term loan facility with BNP Paribas for up to USD 165 million. On July 24, 2015, it completed a drawdown of USD 165 million, secured by the vessels m/v Oceanis, m/v Alcyon, m/v Nirefs, m/v Triton, m/v Dione, m/v Danae, m/v Norfolk,