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Ardmore Abandons Public Offering Plan
Tanker owner and operator Ardmore Shipping Corporation has decided to abandon its public offering plan as revealed on November 19.
The company said that it would not pursue the public offering of senior unsecured notes at this time "due to capital market conditions."Posted On:20-Nov-2018
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Berge Bulk Linked to Acquisition of Capesize Quartet
Singapore bulker owner Berge Bulk has been tied to the acquisition of four bulk carriers, Clarksons Platou Shipbroking said in a weekly report.
Based on the report, the company is spending USD 98 million on the fleet expansion.Posted On:20-Nov-2018
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Liberia Steps Up Fight Against Maritime Corruption
Liberia has become the first ship registry to be admitted to the Maritime Anti-Corruption Network (MACN) as an associate member.
The Liberian Registry is comprised of over 4,325 vessels aggregating 157 million gross tons, representing 11% of the world s oceangoing fleet.Posted On:20-Nov-2018
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GOGL Lifts Options for More Scrubbers to Shield from LSF Prices
Dry bulk shipping company Golden Ocean Group Limited is equipping its Capesizes with scrubbers to curb its exposure to rising fuel costs from the impending 2020 sulphur cap.
GOGL said that it has declared the first four out of nine options to install exhaust gas scrubbers on Capesize vessels in addition to contracts to install scrubbers on 16 Capesize vessels announced in August.Posted On:20-Nov-2018
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Greenpeace Activists Board Stolt Tenacity
Six Greenpeace activists boarded Stolt Tenacity, a giant tanker owned by Stolt Tankers, while the vessel was underway off the west coast of Spain, in the Gulf of Cadiz, on November 17.
Greenpeace said that the move was made as a sign of protest against rainforest destruction in Indonesia, as the ship was carrying palm oil products from Wilmar International.Posted On:20-Nov-2018
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The Fjords Building Third Zero-Emission Vessel
Norwegian transportation company The Fjords has unveiled plans to add another all-electric passenger vessel to its fleet, with the news that Legacy of The Fjords is now under construction at Brodrene Aa.
The 400 PAX, carbon fibre catamaran shares the design of sister ships Vision of The Fjords and Future of The Fjords but marks a bold move by the owners into a new operating area - the Norwegian capital, Oslo.Posted On:20-Nov-2018
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Ultrabulk, Partners to Study Sail Technology on Ships
Danish shipowner Ultrabulk is teaming up with Smart Green Shipping Alliance, UK s power station operator Drax and Humphreys Yacht Design, to study the possibility of installing high-tech automated sails on some of its dry bulk vessels.
The GBP 100,000 (USD 128,400) feasibility study would examine the potential of retrofitting Fastrig sail technology on an Ultrabulk ship importing biomass into the UK for Drax power station in Yorkshire, to produce renewable electricity.Posted On:20-Nov-2018
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Klaveness Combination Carriers Boosts CLEANBU Orderbook
Klaveness Combination Carriers, owned by Klaveness Ship Holding, has declared an option for the construction of a sixth combination carrier, CLEANBU, with Chinese builder Jiangsu New Yangzi Shipbuilding. The delivery date is scheduled for the fourth quarter of 2020.Posted On:20-Nov-2018
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Diana Shipping Signs Charter Deal with Berge Bulk
Greek dry bulk shipowner Diana Shipping has entered into a time charter contract with Singapore-based Berge Bulk Shipping for one of its Capesize dry bulk vessels.
The 174,186 dwt Sideris GS was hired for a period until minimum December 15, 2019 up to maximum March 30, 2020.Posted On:20-Nov-2018
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Helsinki Port to raise charges by 1.2%
The cargo charges of the Port of Helsinki Ltd will remain the same for 2019, but a moderate general increase of 1.2 per cent will be applied to other charges due to inflation, the port authority said in a press release on Wednesday.
The Port of Helsinki will introduce truck charges in urban ports during the rush hours in the morning and afternoon.Posted On:20-Nov-2018
Credits: www.bunkerportsnews.com |
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IBOM Deep Seaport Preferred Bidder Announced
PowerChina International Group Limited Consortium (Bollore- PowerChina Consortium) has emerged the preferred bidder for the Ibom Deep Seaport Project (IDSP) in Nigeria.
This selection followed an evaluation process conducted by the Evaluation Committee, convened by the IDSP Ministerial Project Development and Steering Committee (MPDSC), on competing bids received in response to the IDSP Request for Proposal (RFP).Posted On:20-Nov-2018
Credits: www.bunkerportsnews.com |
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Bahrain port operator says IPO to close on November 24
Potential investors have until November 24 to subscribe in the initial public offering (IPO) of APM Terminals Bahrain, which operates the kingdom s only commercial port, Khalifa Bin Salman Port (KBSP).Posted On:20-Nov-2018
Credits: www.bunkerportsnews.com |
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Fresh push for efficiency at ports
For the Federal Government to boost revenue from the non-oil sector, facilitating trade through improvement in the turnaround time for goods must be taken seriously. The government has repeatedly stated its commitment to diversifying the economy.Posted On:20-Nov-2018
Credits: www.bunkerportsnews.com |
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