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Monthly Archives: December 2017

Sete Brasil Arbitration Favors Petrobras

Petróleo Brasileiro SA informs that an arbitration award favorable to the company has rejected a request made by an investor of Sete Brasil Participações SA - in judicial reorganization. "Petrobras, pursuant to CVM Instruction 358/2002, informs about an arbitration award…
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Algoma Adds Algoma Innovator

Algoma Central Corporation, a leading provider of marine transportation services, today announced that it has taken ownership of the Algoma Innovator from the Uljanik d.d. shipyard in Croatia. The vessel is part of the Company’s Equinox 650’…
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SSY Acquires Bidsted & Co

British-based ship broker Simpson Spence Young (SSY) has acquired Danish dry bulk broker Bidsted & Co. Bidsted & Co, which was founded in 1940, is one of the last few remaining independent shipbrokers in Copenhagen. Bidsted’s chartering and…
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DOF Sells Skandi Marstein

Norwegian supply shipping company DOF sold and delivered the 1996 built platform supply vessel (PSV) "Skandi Marstein" to a new owner. The sale will not have any significant liquidity impact or impact on the accounts. The vessel has been in lay up sinc...
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SC Ports Handles Container Volume Growth

South Carolina Ports Authority’s 2018 fiscal year container volume through November grew 2.5 percent compared to last year, with 886,414 twenty-foot equivalent container units (TEUs) handled by the Port of Charleston since July. The Port moved 163…
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NIMASA for Blue Economy Framework in Africa

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that in order to harness the opportunities derivable from the Blue Economy in Africa there is a need for a proper framework…
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Miriam Maes New Chairman of Rotterdam Port

Miriam Maes has been appointed Chair of the Supervisory Board of the Port of Rotterdam Authority, in accordance with a decision made by the supervisory directors. Maes has served on the Supervisory Board since 1 January 2016. She will be succeeding Rutger van Slobbe…
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