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Monthly Archives: November 2017

Financial Support for Coastal Berths in India

The Ministry of Shipping in India has taken up projects worth Rs 2,302 crore (USD 356million) for financial assistance under the Coastal Berth Scheme of the flagship Sagarmala Programme. The Ministry, after due appraisal in consultation with NITI Aayog and Department of Expenditure…
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Sean S. Fitzgerald is New CEO of Maersk Container

Maersk Container Industry (MCI) announced today that it has appointed Sean S. Fitzgerald as Chief Executive Officer effective 1 January 2018. Maersk Container Industry develops and manufactures refrigerated containers, dry containers and the…
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US Navy to Christen Delbert D Black Today

The Navy will christen the newest guided-missile destroyer, the future USS Delbert D. Black (DDG 119), Saturday, Nov. 4, during a 10 a.m. CST ceremony at Huntington Ingalls Industries Shipbuilding in Pascagoula, Mississippi. The future USS Delbert D.
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Reedy Joins DHT Holdings Board of Directors

DHT Holdings, Inc. said it has appointed Susan Reedy to its board of directors as a Class I Director with a term expiring at the company's 2020 annual shareholders meeting. In connection with Reedy's appointment, the company's board has increased to si...
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MV Ella Salvage Operations to Begin off England

Salvage operations are expected to commence shortly in order to remove the wreck of the MV Ella which sank in July off Lowestoft, England. MV Ella formerly served as a floating restaurant and was unmanned and under tow from Hartlepool to Rochester when...
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Grain Trade Boosts Brazil’s Itaqui Port

Brazil's Itaqui port, the country's closest deepwater gateway to the Panama Canal, has projected a rise in 2017 shipping volumes thanks to a record grain harvest and development of a new northern farming frontier. Most of Itaqui's export cargo arrives ...
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Hafnia Tankers in Sale and Leaseback Deal

Hafnia Tankers has successfully completed its first sale and leaseback in the Japanese market through the sale and leaseback of its 2010 built LR1 tanker, MT Hafnia Africa. The Vessel has been sold to a large Japanese private ship owning company…
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Solstad Farstad Sells AHTS Nor Star

The vessel (5.500 BHP) was built in 2005 built at Pt. Jaya Asiatic Shipyard,Batam Indonesia. Delivery of the vessel to the new owner has taken place today, Thursday 2nd November, 2017. The sale of the vessel will result in an immaterial accounting effe...
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ClassNK Updates to Good Maintenance Onboard Ships

Leading classification society ClassNK has just released the latest version of Good Maintenance Onboard Ships (October, 2017). The comprehensive checklist is designed to be used by shipmasters, crew, shipowners, and other key personnel in order to ensure vessels are safe…
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