In June 2020, the State Department sanctioned the Islamic Republic of Iran Shipping Lines (IRISL) pursuant to Executive Order 13382 (WMD Proliferators and Their Supporters). At that time, we underscored the fact that IRISL is the preferred shipping line for Iranian proliferators and procurement agents. We have warned industry that those who do business with …
CIT Group Inc. (NYSE: CIT) today announced that its Maritime Finance business served as sole lead arranger on a $56 million senior secured financing on behalf of Seamax Container Shipping II LLC. The loan is secured by four containerships operated by Seamax Shipping, an existing CIT client. Seamax currently operates a fleet of 12 modern …
CIT Serves as Sole Lead Arranger of $56 Million Financing for Container Ships Read More »
Frank Coles, Chief Executive Officer of the Wallem Group, has resigned and will be leaving the Wallem Group shortly, the company’s board confirmed. “As many will be aware Frank has been very active in highlighting the plight of seafarers during the Covid-19 pandemic and now wishes to become more involved in promoting their welfare, as …
Costa Toscana, an LNG powered, 185,000 GT cruise ship being built for Carnival’s Italian brand Costa Cruises, was floated out to the outfitting pier at Finland’s Meyer Turku shipyard on 15 January 2021. During the float-out ceremony, Costa Toscana officially touched the sea for the first time, with the flooding of the basin where she has been …
Costa Cruises’ 2nd LNG-powered cruise ship floated out in Finland Read More »
Weekly exports of liquefied natural gas (LNG) from the United States have dropped for the second week running. Courtesy of Cheniere The U.S. Energy Information Administration noted that during the week between January 7 and January 13, a total of 16 vessels departed the United States LNG export facilities. The 16 vessels had a combined …
El ministro anuncia la consulta pública al anteproyecto de Ley de Pesca Sostenible e Investigación Pesquera, una norma que conjuga la necesaria protección medioambiental con la imprescindible sostenibilidad económica y social Forma parte de un paquete legislativo que renovará toda la norma pesquera española, aportará mayor seguridad jurídica y asegurará la continuidad futura del sector …
Russian Shipbuilding Complex Zvezda has cut steel for the third MR-type product carrier operating on LNG as marine fuel ordered by the compatriot shipping major Sovcomflot in 2019. Image by Rosneft The 1B-ice class tanker will have a deadweight of about 50,000 tonnes, length of over 180 meters, width of over 32 meters and a …
Zvezda cuts steel for 3rd LNG-powered MR product carrier Read More »
Limpiador / Engrasador (Europeo) para buque AHTS We are currently looking for a Wiper / Oiler to join a AHTS in Europe. 6 week rotation starting first week of February. – Must be available from ASAP– Must have dry dock experience– Must be EU national– Must have STCW, BOSIET Please contact only if you have …
Limpiador / Engrasador (Europeo) para buque AHTS Read More »
Siemens Gamesa has extended the charter of Eidesvik Offshore’s service operation vessel (SOV) Acergy Viking. The long-term contract will commence in direct continuation of the current contract extending the firm period until the end of January 2027. Eidesvik entered into an agreement with Siemens Gamesa for the deployment of Acergy Viking in February 2016, when it was …
Acergy Viking continues working for Siemens Gamesa Read More »
French energy giant Total has decided to withdraw from the American Petroleum Institute (API) following a detailed analysis of API’s climate positions. Each year, Total assesses the main industry associations of which it is a member to ensure they are aligned with its climate positions, the French company said on Friday. This alignment review is …
Total parts ways with American Petroleum Institute over differences in climate positions Read More »
