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Mitsubishi Heavy Industries Marine Machinery & Equipment (MHI-MME) recently made the milestone delivery of its 6,000th marine boiler, says an article published on sea trade website.  Delivery of marine boiler   The landmark 6,000th cumulative delivery was reached with the shipment on...
Japanese shipping major Kawasaki Kisen Kaisha (K Line) revealed plans to finance its transition linked loan (TLL) at the end of September 2021, says an article published on offshore energy website.  Transition linked loan The carrier has formulated a “Transition Linked...
Top Ships has sold its last non-scrubber fitted vessel, the 2016-built MR2 product tanker Nord Valiant, to unaffiliated third parties, reports Splash247. Prepaid financing The Nasdaq-listed Greek tanker owner said the related financing had been prepaid in full and the net...
Hyundai Glovis will enter the gas shipping market in 2024 after striking a multi-year deal with commodity trader Trafigura. Hyundai Glovis, best known for its car carrier fleet, will ship LNG and ammonia for Trafigura for an initial...
Healthy bottoms lines and a lack of tonnage to meet strong demand has caused a surge in boxship orders. BIMCO Analyst Peter Sand says 619 container ships are now on order for future delivery. Of those, 381 have...
 Siemens to build link with two Egyptian firms Line designed to carry freight and passengers Further links planned to connect southern EgyptEgypt has signed a $4.45 billion deal for a high-speed electric rail line to link its Red...
Among the many things altered by the COVID-19 pandemic is the way ships purchase their supplies, a practice that’s now carried out primarily through eCommerce channels. Into this mix comes Marine Online, an open eCommerce B2B marketplace with a...
Japan has doubled up on its efforts to be a leading cluster developing autonomous and unmanned ships, with plans to make up to half its 4,000 domestic vessels unmanned in 20 years. The wealthy Nippon Foundation has backed the DFFAS...
Both Braemar ACM and Alphaliner have identified Star Bulk of Greece as one of the first cape owners to receive class approval to fix one of its 175,000 dwt capesizes to ship containers, says an article published on splash247...
NAT concluded another contract almost identical with the one of July 19, 2021. The contract rate is around $17,000. The rate levels concluded in the last two contracts are significantly higher than market reports for the spot market...
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