![Brazil to fund shipyard in Venezuela]()
LR-Fairplay’s Daily Newbuilding News says Brazil’s development bank BNDES has announced that it will pay for building a US$1 billion shipyard in Venezuela. LR-Fairplay said the deal was discussed by Venezuela President Hugo Chavez and Brazilian President Luiz Inacio Lula da Silva during talks in Brasilia. The yard will be built by an as-yet-undetermined Brazilian [...]
May 3, 2010 | Posted in
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![GOGL – Sale of vessels and time charter contracts]()
Golden Ocean Group Limited (“Golden Ocean” or the “Company”) has agreed to get released from the bare boat agreements for the two 1990 built Panamax vessels “M/V Golden Glory” and “M/V Golden Gem” against purchasing the vessels for $11 million per vessel.
June 6, 2007 | Posted in
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![Oil protection needs law change]()
Jersey will need to change its law to get the same financial protection as other countries against oil disasters. The island is covered up to £120m by the International Oil Pollution Compensation Funds, but it has not signed a new treaty that offers more.
January 25, 2007 | Posted in
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![World’s largest container ship delivered to Lloyd’s Register class]()
The world’s largest container ship, Xin Los Angeles, has been delivered by Samsung Heavy Industries Co Ltd (SHI) to Lloyd’s Register class. The ship is owned by China Shipping Container Lines (CSCL) and is operated by China International Shipmanagement Company Ltd, a joint venture between CSCL and V.Ships. The ship is 9,600 teu and is [...]
July 6, 2006 | Posted in
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