Navios Acquisition Looking to Raise USD 15 Mn

Finance

The company would use the funds for general corporate purposes.

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IMO Symposium: Ammonia and Hydrogen Are Fuels of the Future

IMO

Ammonia and hydrogen are promising potential fuels of the future in a decarbonized shipping industry.

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Awilco LNG Secures Sale and Leaseback for WilForce, WilPride

LNG carrier WilPride

The term sheet for the refinancing of 156,000 cbm WilForce and WilPride has been credit approved.

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Hunter Tankers Adds 2nd ECO VLCC Newbuilding

Tanker

Hunter Saga, the second of seven identical ECO design VLCC units, was handed over on October 19.

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Epic Gas Refinances 20 Ships with USD 201 Mn Loan

Epic Borneo

The USD 201 million facility has a five-year term and includes a USD 10 million tranche for future acquisitions.

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Gard: Challenges with the Use of Exhaust Gas Scrubbers

Shipping

In time, the related parties will gain experience and the frequency of scrubber-related incidents will decrease.

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Readers' Picks of the Week

shipping

Here are the most read stories of the previous week.

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IUMI: It's Time to Tackle Containership Fire Issue

IUMI

IUMI is calling for urgent improvement of firefighting systems onboard boxships.

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Antwerp, Zeebrugge Ports Kick Off Merger Talks

Antwerp

Belgian Port of Antwerp and Port of Zeebrugge give the green light for starting merger negotiations.

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Freighter Rhodanus Refloated in Strait of Bonifacio

Rhodanus

The 1998-built ship grounded in a marine reserve after missing a turning point.

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European Shipowners Call for Action on Gulf of Guinea Piracy

Gulf of Guinea Piracy

Reports of attacks in the region more than doubled in 2018.

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Castor Maritime Buys Third Panamax Bulker

Castor Maritime

This is the company's second vessel purchase since it listed on NASDAQ in February this year.

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Cruise Ship Star Breeze Cut in Half for Stretch Treatment

Star Breeze

The cruise ship is being lengthened by 25.6 meters.

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Erma First Acquires Maritime-Focused Tech Firm

digitalization

Erma First has acquired a controlling interest in Metis Cyberspace Technology.

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Total Launches 1st Boxship Giant-Ready LNG Bunker Vessel

LNG bunkering vessel

Total's first large LNG bunker vessel has been launched in China, the French energy major said.

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British Ports 'Cautiously' Welcome Brexit Deal

Brexit

BPA has cautiously welcomed the news that a Brexit deal was agreed today between the UK and the EU.

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Stena: Tanker Age Discrimination Disrupts Environment Goals

Taker age discrimination

Investment challenges were also cited.

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Air Quality Still Top Envr. Priority for European Ports

port

Air quality continues to be the top environmental priority of the European ports this year as well.

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HHI Gets DNV GL Nod for Three FPSO Designs

FPSO design

These include two mid-sized oil FPSOs, and one gas FPSO.

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MSC Joins CMA CGM, Hapag-Lloyd in Discarding NSR

MSC Isabella

A surge in container shipping traffic in the Arctic could cause environmental damage, the company said.

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SBM Offshore Obtains USD 1.14 Bn Bank Loan for Liza Unity

SBM Offshore

SBM Offshore completes the project financing of FPSO vessel Liza Unity for a total of USD 1.14 billion.

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Dry Bulk Drives Port of Antwerp Freight Volume Growth

Port of Antwerp

Breakbulk, impacted by sanctions, saw the greatest drop in volumes.

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Belships Hires Ultramax Newbuild

bulker

Belships has agreed a seven-year bareboat charter for a 61,000 dwt Ultramax bulk carrier newbuilding.

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Germany Promotes Shore-Based Power to Cut Emissions in Ports

Hamburg Port

Germany is launching a set of measures to promote shore-generated power in an effort to make its ports cleaner.

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AET Names Dual Fuel Shuttle Tankers for North Sea Ops

AET LNG Dual-Fuel Dynamic Positioning Shuttle Tanker

The dynamic positioning shuttle tankers will operate in the North Sea.

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Tender Launched for Port of Sines Vasco da Gama Terminal

Port Sines

The government will pick a concessionaire who will invest in the port's expansion.

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IBM Joins Mayflower Autonomous Ship Project

Mayflower

Mayflower, a fully-autonomous ship, is planned to cross the Atlantic in September 2020.

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