All Shipping articles – Page 121
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NewsING and EIB to finance Spliethoff scrubbers
ING Group and the European Investment Bank (EIB) have signed a EUR110 million (USD124.7 million) loan agreement with Spliethoff to finance the retrofitting of exhaust gas cleaning systems and ballast water management systems.
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NewsBoskalis to sell Kotug Smit
Royal Boskalis Westminster and Kotug International have signed a letter of intent (LOI) to sell its joint venture Kotug Smit Towage to the Boluda Group.
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NewsMuch work to be done says Clean Arctic Alliance
As the International Maritime Organization (IMO) moves towards a ban on heavy fuel oil (HFO) in Arctic shipping, the Clean Arctic Alliance has called for further action.
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NewsShipping lines cleared by DOJ
Several of the world’s biggest container shipping lines, including Maersk and MSC, have been cleared of wrongdoing in a price fixing case in the USA.
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NewsDutch court rules on Fairstar
Last month, an Amsterdam court ruled that the former directors of Fairstar Heavy Transport must pay compensation to the owners of the company, following the purchase of a semi-submersible vessel.
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NewsMultipurpose time charter rates fall
Time charter rates in the multipurpose shipping sector have fallen over the last month, according to the latest data from shipbroker Toepfer Transport.
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NewsConfusion over the UAE's Qatar embargo
Port circulars from Abu Dhabi Port Authority and DP World appeared to ease the restrictions on maritime trade with Qatar, but the country’s Federal Transport Authority insists the announcements have been “misinterpreted”.
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NewsToll Group unveils vessel duo
Australia’s Toll Group has unveiled its latest general cargo vessel, Victorian Reliance II, at a naming ceremony at Webb Dock in Port Melbourne.
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NewsUlstein unveils offshore heavy lifter
Norway-headquartered shipbuilder Ulstein has unveiled a jack-up vessel design that is capable of handling and installing the next generation of offshore wind turbines.
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NewsGrimaldi picks Telespazio for communications upgrade
The Grimaldi Group has signed two contracts with Telespazio for the upgrade of its satellite communications systemson its fleet of cargo and passenger vessels.
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NewsDP World re-acquires P&O Ferries
DP World has purchased P&O Ferries, the holding company of P&O Ferries and P&O Ferrymasters, in a deal valued at approximately USD421 million.
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CSA 2020 disappointed with EC scrubber proposal
The Clean Shipping Alliance 2020 (CSA 2020) has expressed concerns over the European Commission’s (EC) proposal to the International Maritime Organisation (IMO) regarding the use of exhaust gas cleaning systems.
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NewsSetramar sells multipurpose unit
International law firm Watson Farley & Williams (WFW) has confirmed that it advised Italy's Armamento Setramar, part of the Setramar Group, on the sale of its vessel Pietro Benedetti.
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NewsAAL delivers for Stockyard
AAL has transported a 305-tonne Toshiba transformer for Australia’s Stockyard Hill wind farm in Victoria on behalf of Cargo Line International.
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NewsSlowing growth threatens shipping
As the International Monetary Fund (IMF) revises its predictions for global growth in 2019 and 2020 - down to 3.5 percent and 3.6 percent respectively - BIMCO says the risks are piling up for the shipping industry.
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NewsARRC names TSL as agent
Atlantic Ro-Ro Carriers (ARRC) has appointed TSL Shipping & Trading as its sales agent in the US Gulf.
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NewsBolloré and Cosco strengthen ties
Bolloré Transport & Logistics and Cosco Shipping Lines have signed a memorandum of understanding (MoU) to strengthen their commercial relationships, while exploring new opportunities for cooperation in transport, logistics and port infrastructure.
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NewsCMA CGM launches Ceva takeover
France-based container shipping giant CMA CGM launched its USD1.65 billion public tender offer for Switzerland-headquartered Ceva Logistics on February 12.
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NewsSeafox 5 turns Blue
Fred. Olsen Windcarrier has renamed the jack-up vessel Seafox 5 to Blue Tern.
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NewsEnd in sight for Hansa Heavy Lift
Dr. Christoph Morgen, preliminary insolvency administrator of Hansa Heavy Lift, has confirmed that the Hamburg-headquartered shipping line "will no longer have a business model at its disposal from March 2019 onwards".