Shipping
Hunter Group ASA to sell tanker duo
Hunter Tankers AS (the "Company"), a wholly owned subsidiary of Hunter Group ASA, announced on October 29 that it has signed a Memorandum of Agreement for the sale of Hunter Saga and Hunter Laga for an en-bloc price of USD 168.4m (the “Transact...
2020-11-04 09:24:13
Petredec inks deal for up to 6 LPG-fuelled VLGCs
Petredec Holdings (Eastern) PTE Ltd (“Petredec”) announced on November 2 that they have signed a contract for the construction of up to six 93,000 cbm LPG carriers with dual fuel LPG propulsion at Jiangnan Shipyard (Group) Co. Ltd. The initia...
2020-11-04 09:16:23
Eidesvik Offshore awarded PSV charter by Wintershall Dea
Eidesvik Offshore ASA announced on October 28 that it has been awarded a time charter contract with Wintershall Dea Norge AS for the PSV Viking Princess. The contract is scheduled to commence in December 2020. The firm contract period is 12 month...
2020-11-02 09:25:37
GC Rieber secures short-term charter deal
GC Rieber Shipping ASA announced on October 28 that it has made a new short-term contract for walk-to-work vessel Polar Queen for a Tier 1 client in Europe for work in an offshore wind park. Polar Queen will commence the new contract in mid-Novem...
2020-11-02 09:24:02
NYK line took delivery of Japan’s first LNG-fueled PCTC
NYK line announced on October 28 that it took delivery of Sakura Leader, a pure car and truck carrier (PCTC) capable of navigating oceans with only LNG as the ship’s main fuel. This delivery marks a remarkable step toward achieving NYK’s envi...
2020-10-30 09:21:54
Total charters 4 LNG-fuelled vessels
Total announced on October 28 that it is pursuing its strategy to reduce greenhouse gases emissions in maritime transportation, by chartering four Aframax-type vessels equipped with Liquified Natural Gas (LNG) propulsion. These vessels, each with...
2020-10-30 09:19:49
Costa Cruises completes first LNG bunkering in Italy
Costa Cruises, the leading cruise line in Europe, announced on October 26 that another milestone for Costa Smeralda, the line’s first ship powered by liquefied natural gas (LNG), with an LNG bunkering operation successfully performed on Octob...
2020-10-28 09:43:57
EPS nets 15-year VLEC charter deal with STL
Eastern Pacific Shipping (EPS) announced on October 23 that it has won a bid to purchase, build, and operate four 98,000 cubic meter VLECs for China-based Zhejiang Satellite Petrochemical (STL). The vessels will be carrying ethane from the US Gul...
2020-10-27 09:23:16
Global Panamax rates on the rise
It emerged that Panamax [4,000 teu] rate has hit the highest level in 10 years. According to industry sources, Peter Dohle Schiffahrts-KG of Germany has signed a time charter contract with Mediterranean Shipping Company (MSC) of Switzerland fo...
2020-10-27 09:02:07
K Line & partners commence LNG bunkering business
Kawasaki Kisen Kaisha, Ltd. (“K” Line), announced on October 21 that it has commenced LNG bunkering business in the Chubu region through its joint venture company (Note 1) with JERA Co. Inc. (JERA), Toyota Tsusho Corporation and Nippon Yusen ...
2020-10-26 09:20:40
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