Today, the 15,000 TEU ship “Al Jmeliyah” was officially christened in Rotterdam. Naming patron is Inge Sijbesma, the wife of Feike Sijbesma, CEO of the corporation DSM – one of Hapag-Lloyd’s biggest customers in the Netherlands. The name “Al Jmeliyah” is Arabic for “the beautiful one.” With its ten sister vessels, the “Al Jmeliyah” numbers…
During the 4th Eastern Economic Forum (EEF), PAO Sovcomflot (SCF Group) signed a set of agreements with Rosneft, Zvezda Shipbuilding Complex and VEB Group, placing orders with Zvezda for a series of two next generation large-capacity Aframax tankers. VEB-Leasing will finance the construction of the tankers, whilst a subsequent 20-year time-charter for them has been…
On 12 September 2018, during the 4th Eastern Economic Forum, a signing ceremony was held for a trilateral agreement on cooperation between Sovcomflot, the Bank for Development and Foreign Economic Affairs (Vnesheconombank) and VEB Leasing. The document was signed by Sergey Frank, President and CEO of PAO Sovcomflot and Igor Shuvalov, Chairman of Vnesheconombank. The…
Genco Shipping & Trading Limited (NYSE: GNK) (“Genco” or the “Company”) today announced that it has taken delivery of the Genco Defender and the Genco Liberty, two 2016-built 180,000 dwt Capesize vessels, as well as the Genco Columbia, a 2016-built 60,000 dwt Ultramax vessel in September 2018. These deliveries complete the two vessel acquisitions that…
Dredge Yard adds another innovative dredging solution to their portfolio: the adaptive auger head. The adaptive auger head has two retractable visors placed both on the front and backside of the auger head. The visors move in and out, according to the shape of the seabed and according to the depth. A hydraulic arrangement and pressure settings…
Enterprise Products Partners L.P. (NYSE: EPD) today announced that construction is under way to increase loading capacity for liquefied petroleum gas (“LPG”), primarily propane and butane, at the Enterprise Hydrocarbon Terminal (“EHT”) by 175,000 barrels per day (“BPD”), or approximately 5 million barrels per month. The expansion will bring total LPG export capacity at EHT…
Miami, FL – What can be more rejuvenating than going on a cruise ride with some of the best musical talents in the world? Rockers Island Entertainment, in association with Best of the Best Entertainment and Massive B, is proud to announce the third annual Love and Harmony Cruise. The first artist line up for…
INTTRA, the largest neutral network, software and information provider at the center of the ocean shipping industry, today announced availability of Antillean Marine on its carrier network, highlighting the increased adoption of INTTRA by regional carriers. INTTRA announced Antillean joined its network in March (press release) and today is announcing that the carrier completed integration…
MIAMI, Sept. 11, 2018 (GLOBE NEWSWIRE) — Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (“Norwegian Cruise Line Holdings,” “Norwegian” or the “Company”) today announced the appointment of Mark A. Kempa as executive vice president and chief financial officer (“CFO”). Kempa had been serving as the Company’s interim CFO since March 2018. As CFO, Kempa will…
Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that the Company had entered into a $65.0 million credit facility with funds associated with Hayfin Capital Management and Breakwater Capital to fund the acquisition of additional feeder containerships. The non-amortizing facility may be drawn down during an 8-month period beginning September…
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More
