Seadrill Limited has today completed the previously announced transaction to sell the T-15 tender rig to Seadrill Partners. The agreed upon sale is for a total price of US$210 million, less approximately US$100 million of debt outstanding under the credit facility secured by the T-15. The balance of the total consideration is being financed with [...]
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Focal Marine & Offshore, a Singapore / Shanghai based OSV designer, has received a significant order for their 78m PSV (FOCAL 522) design, amounting up to 10 ships to be built at Xiamen Shipbuilding Industries in China. FOCAL 522 PSV design features 4,000 ton deadweight, 800 m2 deck cargo area, complement of 60 men and [...]
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Aliança’s new container ship “Sebastião Caboto” was christened on May 15th at the Terminal Maritimo de Passageiros in the Port of Santos. The vessel’s sponsor is Deise Krause, wife of Luis Augusto Krause, Director Logistics, Sales and Marketing of the Aliança customer Josapar. The “Sebastião Caboto” is the first of a series of four identical [...]
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The Great Eastern Shipping Co Ltd. (G E Shipping) has signed a contract to sell “Jag Ravi”, a Handymax dry bulk carrier. The 1997 built vessel of about 45,300 dwt will be delivered to the buyers in Q1FY14. The Company’s current fleet stands at 31 vessels, comprising 22 tankers (9 crude carriers, 12 product carriers, [...]
On May 16th, Capt. Wei Jiafu, Chairman of COSCO Group met with the state-visiting Prime Minister of Greece Antonis Samaras and his senior delegation in Diaoyutai State Guest House. Both parties thoroughly exchanged views on collaboration between COSCO Group and the Port of Piraeus. At the meeting, Prime Minister Samaras said that COSCO Group enjoys [...]
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Effective from 9th June 2013, COSCON and ANL will jointly operate Sino Australia Service (SAS) service with 6 vessels deployment, in which 5 vessels from COSCON and 1 vessel from ANL. The new loop will enhance COSCON existing service network in the Japan, Korea, China, Hong Kong and Taiwan / Australia trade and offer competitive [...]
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The Whitefish Bay, CSL’s second of four Trillium Class self-unloading Lakers destined to operate in the Great Lakes and St. Lawrence Seaway, set sail on May 16th on her maiden voyage. Departing from Chengxi Shipyard in Jiangyin, China, she will cross the Pacific Ocean transiting through the Panama Canal before arriving in Montreal, Quebec. The [...]
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COSCO Shipping Europe B.V. held its official opening ceremony in its Rotterdam offices at Strevelsweg 700 on Tuesday the 14th of May 2013. COSCO Shipping Company’s CEO, Capt. Han Guomin, had specially flown in from Guangzhou to chair the event. It was attended by clients of his company’s fleet of semi-submersible heavylift vessels. Executives of [...]
May 16, 2013 | Posted in
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d’Amico International Shipping S.A., an international marine transportation company, operating in the product tanker market, announced that its operating subsidiary d’Amico Tankers Limited (Ireland), exercised today its purchase options and entered into contracts for the construction of two additional new product /chemical tanker vessels (Hull s 410 and S411 – 50,000 dwt Medium Range) with [...]
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Bodies of six people, suspected to be those of Russian crew members, were found inside Taigan, a Cambodia- registered freighter that caught fire Thursday while anchored in Japanese port of Wakkanai, the Associated Press informed. In addition, the remaining seventeen, out of a 23 membered crew of Russian and Ukrainian nationals, were rescued from the [...]
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