Green Marine
Navios Partners: Completion of Follow-On Offering
Navios Maritime Partners L.P., an owner and operator of dry cargo vessels, announced on September 25th the completion of its follow-on public offering of 5,750,000 common units at $14.26 per unit, raising gross proceeds of $82.0 million. These figures include 750,000 units sold pursuant to the under
Transas Installs Training Complex for Estonian Maritime Academy
Transas Marine has successfully installed a training complex for Estonian Maritime Academy in Tallinn. The contract was won through the competitive tender procedure. This extensive training facility is situated accross three floors and includes more than 140 computers in configuration. The simulatio
FreeSeas Enters into Assignment and Amendment Agreement with Deutsche Bank
FreeSeas Inc., a transporter of dry-bulk cargoes through the ownership and operation of a fleet of six Handysize vessels and one Handymax vessel, announced yesterday that it has entered into an assignment and amendment agreement with Deutsche Bank Nederland N.V., a Magna Group affiliate fund Hanover
IACS Chairman Calls for Evidence-Based Assessment of Ship Efficiency
IACS Chairman, Mr Cazzulo, speaking at the IMO WORLD MARITIME DAY SYMPOSIUM ON SUSTAINABLE MARITIME TRANSPORTATION SYSTEM, noted that IMO had recently supported in principle an IACS proposal for establishing an (Energy Efficient Design Index) “EEDI Database” for new ships being constructed in accord
Belgium: Jan de Nul Puts into Service Third No Limit Vessel
This month Jan de Nul Dredging has put into service a third No Limit vessel. The DN97 is the first No Limit 1640 Pro Crewtender having seats for 13 passengers. In the past No Limit Ships Shipyards built two type 1640 survey vessels for Jan de Nul. The vessel, now put into service, will be […]
WSS Opens New Training Academy in Antwerp, Belgium
Wilhelmsen Ships Service (WSS) opens a new FRS (fire, rescue & service) Centre and Safety Training Academy in Antwerp, Belgium, today. Andrew Sheriff, Business Director Safety said: “The opening of new safety service training facilities around the world will play a vital role in the growth of our To
Meeting on Yamal LNG Project and Sabetta Port Construction (Russia)
Late last night Vladimir Putin chaired a meeting on creating modern facilities for the production of liquefied natural gas on the Yamal Peninsula – the Yamal LNG project – and building the Sabetta seaport. The meeting was attended by Chief of Staff of the Presidential Executive Office Sergei Ivanov,
UK: KOS Takes Delivery of CTruk 20T MPC
New business venture Knights Offshore Support (KOS) has taken delivery of its first CTruk 20T MPC offshore wind support vessel, Coastal Knight, which will soon join offshore wind industry service provider CWind’s growing charter fleet. Owner Paul Knight considers CTruk’s multi-role composite cats to
Mojo Maritime: ‘High Flow’ Project Remains on Schedule
Following the announcement in March 2013 that Mojo Maritime Ltd. was working on the development of their patented High Flow Installation Vessel (HF4), extensive progress has been made. The substantial amount of time and resources invested by Mojo Maritime Ltd. and their partners has ensured that the
Germany: Hansa Shipping Places Order for 30 INTERSCHALT’s TROP Modules
Hansa Shipping has successfully been using INTERSCHALT’s MACS3 loading computer for its own container fleet for several years now. In order for the shipping company to be able to operate its vessels even more efficiently, Managing Director Pieter Mackeprang has opted for a system upgrade to improve
TEN Announces Charter Contract for VLCC Millennium
Tsakos Energy Navigation Limited (TEN) yesterday announced a time charter agreement for the 301,171 dwt, double hull VLCC tanker Millennium, with a state oil company for a period of 18 months. The new charter commenced in September 2013 and is expected to generate gross revenues of approximately $11
CPLP Extends Charters for Three Product Tankers with BP Shipping
Capital Product Partners L.P. (CPLP), an international diversified shipping company announced yesterday that it has reached an agreement with BP Shipping Limited (BP Shipping) to extend the charters of the M/T British Ensign or M/T Atlantas (36,760 IMO II/III Chemical Product Tanker), M/T British En
GL’s Hellas Committee Meeting in Athens
The annual Hellas Committee of Germanischer Lloyd SE (GL) held in Athens yesterday, focused on the recently announced DNV GL merger, challenges in the maritime industry and how costs in shipping can be controlled. The Chairman of the Hellas Committee, Mr Panos Laskaridis, Managing Director of the La
Shipowners Call for Sustainable Regulation on IMO World Maritime Day
The global trade association for the shipping industry, the International Chamber of Shipping (ICS), has called for all future proposals for environmental regulation that impact on ships to be subjected to a full and proper cost benefit analysis before adoption by the International Maritime Organiza