On Friday, 28 September 2018, Venta Maersk called the port of Saint Petersburg, Russia, successfully completing a trial passage of the Northern Sea Route. Venta Maersk, one of Maersk Line’s new Baltic feeders, embarked on her voyage on 22 August 2018 in the port of Vladivostok, Russia. The route included further stops in Vostochny Stevedoring…
Global Ship Lease, Inc. (NYSE:GSL) (“GSL” or the “Company”), Poseidon Containers Holdings LLC and K&T Marine LLC (together “Poseidon Containers”) announced today that they have entered into a definitive merger agreement for a stock-for-stock transaction representing a total transaction value of over $780 million on an asset value basis to create a leading containership charter…
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…
For Global Safety Day this year, employees and contractors took part in an experiment to see if the new and developing technology could be used to teach safety measures across the operation in a campaign titled “Stronger & Safer Together”. The HSE (Health, Safety, and Environment) team at APM Terminals Brazil developed an augmented reality…
MSC has supported Mercy Ships since 2011 in its efforts to use hospital vessels to deliver free world-class health services to vulnerable people living in the developing world. MSC’s contribution involves the provision of free transportation of medical equipment, which helps Mercy Ships to re-allocate a significant component of its logistics budget to other important…
The technology group Wärtsilä has been selected to provide a full scope of marine simulators for a new training facility at Solent University’s Warsash School of Maritime Science and Engineering, located in Southampton, England. Scheduled to complete in spring 2019, it will be the largest marine simulation training centre in the U.K. The contract with Wärtsilä, which…
On October 3, Atlantic Towing Limited received national recognition for its commitment to employment equity and diversity in the workplace. The Honourable Patty Hajdu, Minister of Employment, Workforce Development and Labour presented the organization with an Employment Equity Achievement Award at the annual award ceremony in Ottawa. “When everyone is on an equal footing, they…
– The latest round of innovation challenges from the Lloyd’s Register Safety Accelerator, ‘Innovation in Detecting Safety Risks in Critical Infrastructure Industries’, offers startups trial funding and partnerships with leading commercial partners: Scorpio, Pacific International Lines, Infratek and Odfjell Drilling. Also read: Oil Driller: Is it a lucrative career? – The Round 2 Innovation Challenges…
Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply Framo pumping systems to an FPSO (Floating Production, Storage and Offloading) vessel to be built in China. The order has a value of approximately SEK 70 million. It was booked late September in the Pumping Systems…
NTERCARGO held its Annual General Meeting, Executive and Technical Committees’ meetings in London on 1 and 2 October 2018, along with a well-attended Dinner Reception on the first day. INTERCARGO re-iterated its commitment to a safe, efficient, high quality and environmentally-friendly dry cargo shipping industry and its support for an industry governed by free and…
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
