MPC Container Ships Invest B.V., a wholly owned subsidiary of Oslo-listed MPC Container Ships AS, has successfully completed the issuance of a new senior secured bond issue of USD 100 million. The bond issue has a 5 year tenor, carries a floating…
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Wreck Removal Treaty Comes into Force in Singapore
Skuld Singapore has reminded all members that Singapore has ratified the Wreck Removal Convention (WRC) which entered into force in Singapore on 8 September 2017. "As members will be aware, the WRC requires among other matters owners of ships…
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Premier Oil Contracts VOS Famous for Catcher FPSO job
Dutch provider of offshore support vessels Vroon has entered into a five-year charter plus options with Premier Oil for one of its emergency response and rescue vessels (ERRV). "We are pleased to announce that VOS Famous has entered into a five-year charter (plus options) with Premier Oil…
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Technology Drives Growth of India’s Major Ports
Technological advancement for modernization of major ports and reforms for enhancing ease of doing business are driving and sustaining the growth trend line at India’s major ports. The country’s 12 major ports together handled 273.96 Million Tonnes of cargo between April to August…
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Fire Kills Five at ASL Marine’s Batam Shipyard
The vessel owner-operator and shipbuilder ASL Marine Holdings said that a fire occurred in its shipyard in Batam, Indonesia. ASL press release that initial investigations showed the incident occurred on board a tanker that was being repaired at one of its dry docks.
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Asian Piracy Up
The number of incidents of piracy and armed robbery against ships in Asia in August 2017 had increased slightly compared to the same period in 2016, said ReCAAP ISC. Four incidents were reported in August 2017 compared to three incidents reported in Au...
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Piraeus Port Pact for Cosco Dalian Floating Dock
The Piraeus Port Authority (PPA) SA has announced the completion of a tender and finalization of a contract with Cosco SH (Dalian) Shipyard for the purchase of a new floating repair dock, an initiative that the port's management has pursued over the pa...
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Swiss Climate EcoCare to Provide IMO DCS Services for Liberian-flagged Ships
Swiss Climate EcoCare is the first native German Company to enter a strategic agreement with the Liberian Registry with regards to the emissions guidelines, referring to EU-MRV and IMO DCS. Swiss Climate is a longtime expert in emission related topics.
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Braemar Acquires NAVES
Braemar Shipping Services plc announced the conditional acquisition of the entire issued share capital of NAVES Corporate Finance GmbH. Braemar is a leading international provider of broking, consultancy, technical and other services to the shipping…
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VDL AEC Maritime to Reduce Ship Emissions
Following on from the electrification of heavy duty mobility in the form of cars, buses, automated guided vehicles and tractor units, VDL Groep intends to continue help reducing the emissions from means of transport. The family-owned international…
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