The impact of the COVID-19 pandemic is pushing both US and foreign borrowers to consider US bankruptcy options, including a chapter 11 restructuring or a foreign insolvency proceeding and chapter 15 recognition. Lenders are increasingly asking what they need to know about US Bankruptcy Code to protect their investment. They are right to be concerned, …
Caveat Lender: Bankruptcy Considerations for Shipping Lenders Read More »
On August 6, NYK Line, Japan Marine United Corporation, and Nippon Kaiji Kyokai (ClassNK) signed a joint R&D agreement for the commercialization of an ammonia-fueled ammonia gas carrier (AFAGC) that would use ammonia as the main fuel, in addition to an ammonia floating storage and regasification barge (A-FSRB). Background Since carbon dioxide (CO2) is not …
Joint R&D Starts for Use of Ammonia in Marine Transportation to Reduce GHG Emissions Read More »
Apart from the recent devastating explosion in Beirut, there has been a spate of ro-ro/car carrier fires in recent months, leading to fresh calls for improvements, scrutiny and control in relation to dangerous goods (DG). Container ship fires are always in mind. While 2020 – for all the difficulties faced around the world – has …
The container terminal in Beirut sustained only minor damages and has restarted its operations, German shipping major Hapag-Lloyd said in an update. “Following these positive news, we will immediately reinstate our services to the Port of Beirut, Lebanon,” the company announced. Illustration. Kees Torn/Flickr under CC BY-SA 2.0 license As informed, the first vessel on …
Update: Hapag-Lloyd to reinstate services to Beirut Read More »
Kraken Robotics has added Sam Allen as a strategic advisor. Sam will help the company refine its strategy for the international offshore energy market with a focus on landing additional pilot projects and converting pilot projects to longer-term recurring revenue contracts. Allen is the former president of Technip Canada from inception in 1997 to 2012. …
DOF, a Norwegian offshore vessel operator, has sold two of its vessels, one to an unnamed buyer and the other to a recycling yard in Turkey. Skandi Giant vessel; Source: DOF DOF Rederi, a wholly-owned subsidiary of DOF ASA, has completed the sale of the AHTS Skandi Giant to an international buyer. The Skandi Giant …
Engrasador para buque Tanque EngrasadorNAVIERA Santa Cruz de Tenerife (Santa Cruz de Tenerife) DescripciónLa persona titular de este puesto tiene como objetivo efectuar los trabajos de limpieza, conservación y mantenimiento de todos y cada uno de los elementos y espacios integrantes de la Sala de Máquinas y de los que estén adscritos al Departamento, debiendo …
El Port de Barcelona mejorará la eficiencia energética del Área PIF, reduciendo el consumo de energía en estas instalaciones en torno al 67% y recortando las emisiones en casi 138.000 kg de CO2 al año. El proyecto de renovación energética consistirá en la instalación de placas fotovoltaicas, el cambio de los equipos de iluminación a …
El buque insignia MSC Grandiosa recibirá a pasajeros desde el 16 de agosto en el mediterráneo occidental y MSC Magnifica desde el 29 de agosto en el mediterráneo oriental El reinicio de operaciones está apoyado por la creación de un protocolo de sanidad e higiene aprobado por autoridades nacionales relevantes de los países en los …
MSC Cruceros vuelve a navegar este verano por el Mediterráneo Read More »
India’s Petronet LNG said Tuesday it invoked a force majeure for nine long-term cargoes with its suppliers due to lower demand in the country caused by the Covid-19 lockdown. Image: Petronet LNG The country’s largest LNG importer has a deal to buy 7 mtpa from Qatargas and 1.44 mtpa from Exxon Mobil from the Gorgon …
Petronet LNG delayed delivery of 9 cargoes during lockdown Read More »
