WFW advises BPER on Red Coral bulk carrier financing

Watson Farley & Williams (“WFW”) advised BPER Banca S.p.A. (“BPER”) on a medium to long-term financing of up to approximately US$7.7m to Maltese company Red Coral Bulkers Ltd. (“Red Coral”) for the purchase of the bulk carrier “Archagelos Michael”. Archagelos Michael, originally under the Liberian Registry and currently registered by Red Coral in the Maltese …

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Isle of Man Ship Registry marks 40th anniversary with celebratory London event while promising to promote decarbonisation and pioneer seafarers’ welfare

The Isle of Man Ship Registry (IOMSR) has marked its 40th anniversary with an event in London as the Douglas based registry seeks to cement its position as one of the world’s most progressive flag states. The celebrations, which were attended by a host of key figures across the maritime industry, took place at the …

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Satisfying present & future project demands – AAL’s third Super B-Class vessel, the ‘AAL Houston’, sets sail

Premium project heavy lift carrier AAL Shipping (AAL) has taken delivery of the third Super B-Class vessel in its eight-vessel-strong third generation newbuilding fleet, the ‘AAL HOUSTON’, as the 32,000 dwt dual fuel multipurpose heavy lift vessel prepares for her maiden voyage. Named after AAL’s hub of operations in the Americas, the formal naming ceremony …

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MOL Invests in HIF Global, a U.S.-based company of e-Fuels-Toward the Decarbonization of the Mobility Industry with synthetic fuels

Mitsui O.S.K. Lines, Ltd. announced that, through its wholly-owned subsidiary MOL Clean Energy, US. LLC, it decided to invest in HIF Global LLC (HIF; CEO: Cesar Norton, Headquarters: Houston, Texas, U.S.), a company developing and operating e-Fuels projects globally. HIF has a production target of about 4 million tons per year (Note 1) of synthetic …

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ARVI celebra las jornadas NETTAG+ en la Cofradía de Pescadores de Santa Pola

Estas jornadas se organizaron con el objetivo de prevenir, evitar y mitigar los impactos ambientales de los artes de pesca y los desechos marinos asociados. Se contó con más de 30 asistentes entre los que se incluyen socios de la Cofradía de Pescadores y la Asociación de Armadores de Santa Pola, alumnado del Instituto Politécnico …

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