SSCL Inks Loan for Its Pure Car Truck Carrier

Taurus Leader

Singapore Exchange-listed Singapore Shipping Corporation Limited (SSCL) has entered into a loan facility intended to finance the acquisition of a Pure Car Truck Carrier (PCTC).

The loan, secured with an undisclosed financial institution from Japan, is worth up to USD 77 million, the company said.

Upon its delivery in March 2015, the vessel with capacity of 7,000 cars will be chartered to a blue chip shipping major, SCCL added.

The company’s release was accompanied by an image of a car carrier painted in NYK Livery, called the Taurus Leader.

SSCL, a spin-off from Hai Sun Hup Group Ltd, reported good results for Q3 and nine months of 2015 financial year (FY).

The group’s ship-owning segment is expected to perform better with the delivery of two more vessels in Q4 of FY 2015.

SSCL acquired two pure truck car carriers with capacity for 5,415 cars in 2014, the M/V Capricornus Leader and M/V Centaurus Leader.

“The acquisition of three vessels in FY 2015 is quite a formidable feat and it has enabled the group to accelerate its fleet expansion program,” says Ow Yew Heng, SSCL’s Executive Director.

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14th Annual Green Ship Technology

4 concurrent streams focussing on innovation in ship design, energy management, emissions reduction & discharges to sea
Cargo owners’ response to increased pressure for a sustainable logistics chain…

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Future Conference: Wind & Maritime 2017

The 6th Future Conference: Wind & Maritime – the conference in north-eastern Germany that connects wind energy with maritime industry - will focus on market and technology trends related to wind energy (onshore and offshore) and marine industry from 17 to 18 May 2017 in Rostock.

Current wind farm projects, development of internation markets, innovative concepts of operations and maintenance, sector linking, public participation, components for efficient wind power plants, concepts of naval architecture and digitalisation are some of the main topics presented by about 40 speakers. Exchange of information and networking towards new business activities between the more than 350 national and international expected participants are the objective here.

For the opening on 17 May 2017, we look forward to impulse presentations held by Prof. Dr. Uwe Leprich (Head of the Department of Climate Protection and Energy) of the Umweltbundesamt and Dr. Markus Tacke (Managing Director) of the Siemens Wind Power GmbH & Co. KG. Afterwards, parallel expert forums on wind energy take place. The evening reception in maritime atmosphere offers the opportunity for informal exchange and networking.

The conference will be continued on 18 May 2017 with the various forums and the parallel forum offshore wind solutions Mecklenburg-Vorpommern (title of a research and development project). Optionally, a wind tunnel can be visited after the conference (limited number of participants, first come - first serve).

The conference is placed under the sponsorship of the Prime Minister of the State of Mecklenburg-Vorpommern, Erwin Sellering.

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9th Annual Coasts and Marine Structures 2017 Conference

Discover Best Practise Strategies for Design, Planning, Construction and Asset Management

To remain competitive, Australian port operators must plan, design, manage and maintain their assets more creatively and proactively to meet future demands and drive profitability.

With this in mind, the Coast and Marine Structures Summit 2017 will focus on key considerations relevant to ensuring your existing assets are maximised and prepared to accommodate bigger vessels.

Hear from 20+ global experts including Maritime/Coastal Engineers, Contractors, Port Authorities and more, including GHD (USA), Indonesian Port Corporation (Asia), G-Group Consulting (New Zealand), Ausenco (Australia), Port Authority NSW (Australia), to name a few.

By attending this 2-day conference, you’ll learn about:

- Innovative planning and design of ports to create efficiencies that drive profit
- Best practice asset management strategies and new PIANC design principles for bulk terminals
- Proactive asset management and maintenance to improve durability and maximise and extend asset lifecycles
- Alternative material and protection techniques trialled and tested in the US and Europe
- Strategies to shift organisational culture and mindset from asset management to asset maintenance
- How you can leverage technology to increase the efficiency of your marine structures
- Case studies on retrofitting, expanding and upgrading your ports in cost-effective ways

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African Ports Expansion Conference 2017

Africa is experiencing a major surge in trade with growing volumes of cargo across its ports. To keep up with the increase, government…

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