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GTMaritime, a North West tech firm has become employee owned after securing funding from Santander, reads the company website. Employee ownership trust GTMaritime provides a range of software solutions and services to the maritime industry, and the transaction has allowed...
The last boxships with the prefix of CSAV, a Chilean liner brand, are set to be renamed. Four 8,600 teu ships – the CSAV Tyndall, CSAV Toconao, CSAV Traiguen and CSAV Trancura – controlled by Zodiac Maritime and Eastern Pacific have been sold. Also,...
According to an article published in Splash247, Denmark’s USTC has acquired a majority 60% stake in compatriot CM Biomass, the world’s largest independent wood pellet trading company. CM Biomass The CM Biomass management team and the organisation will remain unchanged with...
Norwegian owner Belships has entered into a letter of intent for the acquisition of a new ultramax bulker, says a press release published by Belships. Vessel Delivery The ship is expected to be delivered upon completion of construction at a Chinese...
Container shipping has performed strongly despite the pandemic. Hapag-Lloyd with robust operating performance in the current market environment. Debt reduction has clearly exceeded expectations.According to a press release published by Hapag Lloyd, The rating agencies Moody’s Investor Service...
Bourbon Subsea Services continues its cooperation with TetraSpar Demonstrator ApS. It has been awarded the turnkey contract for transportation and installation of innovating TetraSpar Demonstrator Floating Wind Turbine (FWT) prototype in Norway. TetraSpar Demonstrator ApS, Bourbon Subsea Services ...
The Valles Steamship has become a contractor for product tanker at STX, says an article published in splash 247The Koo family-controlled Valles Steamship from Hong Kong has emerged as the contractor for a product tanker at STX Offshore &...
HMM takes delivery of HMM Nuri, the first of eight 16,000 TEU-class newbuild containerships, says a press release published on their website. Maiden voyage  HMM Nuri, the first of eight 16,000 TEU-class newbuild containerships of HMM, starts its first voyage from...
According to the press release on Scorpio Tankers website, the company has announced that  it has entered into separate, privately negotiated, agreements with certain holders to exchange approximately $62.1 million . The New Notes The company ensures that the new notes...
According to an article published in Splash247, Chinese inland shipping firm Hunan Shunda International Logistics has entered into a newbuilding contract with New Dayang Shipbuilding to build a 59,900 dwt ultramax bulker. Vessel Deployment The vessel will be deployed for Yangtze...
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