Bussiness News

Stena Line Takes Delivery Of Lengthened Eco-friendly Vessel

Swedish ferry company Stena Line has officially taken delivery of its newest RoPax ferry, Stena Scandica, says a press release published on their website.

About Stena Scandica

Lengthened and modernized

The vessel is the first of two Visentini vessels that are being lengthened and modernized by Stena RoRo at the Sedef Shipbuilding in Tuzla, Turkey. Stena Scandica will start operating on the Stena Lines route between Nynäshamn in Sweden and Ventspils in Latvia at the beginning of July.

Not affected...

https://mfame.guru/stena-line-takes-delivery-of-lengthened-eco-friendly-vessel/

DSIC Held The Keel-Laying Ceremony For Largest FPSO Project

Dalian Shipbuilding Industry held the keel-laying ceremony for the BACALHAU FPSO hull & LQ project (FPSO-8), marking the ship’s official docking, says an article published in Xinde Marine News.

BACALHAU FPSO is DSIC’s seventh FPS0. It is DSIC’s first partnership with the world’s leading FPSO contractor MODEC and the world-renowned oil company Equinor.

About FPSO

FPSO-8 is 339.50 m in length, 64 m in width, 33 m in depth, and 22.65 m in design draft. The project is classified into DNV and is the...

https://mfame.guru/dsic-held-the-keel-laying-ceremony-for-largest-fpso-project/

New Times Receives Orders for 10 MR Chemical Tankers

CDB Leasing announced that the company’s wholly-owned subsidiary, China Development Bank Leasing and New Times Shipbuilding entered into a ship purchase agreement on June 15, 2021, says an article published in Xinde Marine News.

The consideration is US$383.8 million (equivalent to approximately RMB 2.459 billion).

About the agreement

The trading ships are 10 50,000 DWT MR chemical tankers. New Times will build ships in accordance with the ship purchase agreement.

CDB leasing market share

The...

https://mfame.guru/new-times-receives-orders-for-10-mr-chemical-tankers/

MSC Is Making History With Its Acquisitions

Mediterranean Shipping Co’s stunning secondhand splurge has hit another milestone, says an article published in SeaNews.

60 ships from last August

The Soren Toft-led company has paid Eastern Pacific Shipping $42.5m for the 5,018 teu Kowloon Bay boxship, according to multiple broker reports. This sale comes alongside other recent purchases including the 4,250 teu Alabama, the 3,534 teu Songa Haydn, the 2,564 teu City of Hong Kong, and the 2,492 teu Oregon Trader.

“The extraordinary expansion of...

https://mfame.guru/msc-is-making-history-with-its-acquisitions/

Navios Inks Long-term Charters for 5 Boxships

Navios Maritime Partners L.P., secured new long-term time charters for five containerships,  says a press release published on their website.

About the contract

The New York-listed firm has fixed Navios Miami, Navios Vermillion, Navios Destiny, Navios Nerine and Navios Magnolia to undisclosed clients for 35–36 months at an average rate of approximately $41,723 net per day.

The charters will commence between September and December, upon the expiration of the current employment of the vessels.

Expect...

https://mfame.guru/navios-inks-long-term-charters-for-5-boxships/

SFL To Acquire Modern Container Vessels and Long Term Charters

SFL To Acquire Modern Container Vessels and Long Term Charters says a press release on their website.

  • SFL to acquire two medium-sized container vessels
  • To achieve sustained growth through repeat transactions
  • 6-year time-charter period
Acquisition of modern container vessels 

SFL Corporation Ltd. announces that it has agreed to acquire two medium-sized container vessels in combination with long-term charters to a leading container line.

The vessels are modern eco-design built in 2013 and 2014 with...

https://mfame.guru/sfl-to-acquire-modern-container-vessels-and-long-term-charters/

Daewoo Shipbuilding Nets Order Worth $1b

Daewoo Shipbuilding & Marine Engineering Co. (DSME) has netted a $1 billion order from Brazilian oil company Petrobas for offshore plant construction, reports Pulse.

About the deal

According to a disclosure, DSME has procured a 1.1 trillion won ($1 billion) order from Brazil’s state-owned Petroleo Brasileiro S.A. (Petrobras). The deal is part of a total $2.3 billion order to build a floating production, storage, and offloading (FPSO) facility, which has been secured by a joint venture with...

https://mfame.guru/daewoo-shipbuilding-nets-order-worth-1b/

Global Ship Lease To Add 12 Boxships To Its Fleet

Global Ship Lease, Inc. announced its agreement to purchase 12 containerships from Borealis Finance LLC with an average size of approximately 3,000 TEU, says a press release published in Global News Wire website. 

About the agreement

Global Ship Lease, Inc.(the “Company” or “Global Ship Lease”) announced that it has agreed to purchase 12 containerships from Borealis Finance LLC with an average size of approximately 3,000 TEU and a weighted average age of 11 years for an aggregate purchase price...

https://mfame.guru/global-ship-lease-to-add-12-boxships-to-its-fleet/

Tersan Shipyard To Build 2 Eco-Friendly Vehicle and Passenger Ferries

Tersan Shipyard To Build 2 Eco-Friendly Vehicle and Passenger Ferries, says an article on News2Sea.

To build 2 ferries for Fjord1 ASA

Tersan Shipyard signed a contract with Norway’s Fjord1 ASA for the construction of 2 environmentally friendly vehicles and passenger ferries. Ferries will operate between Stranda-Liabygda and Eidsdal-Linge routes. The new ferries are scheduled to be delivered in the second quarter of 2023.

Tersan Shipyard will build 2 environmentally friendly vehicle and passenger...

https://mfame.guru/tersan-shipyard-to-build-2-eco-friendly-vehicle-and-passenger-ferries/

CMA CGM Strong 2021 Q1 Operating & Financial Performance

CMA CGM first quarter of 2021 financial results showed sustained strong operating and financial performance, says a press release published on their website.

Addition of LNG-powered vessels

“At a time when global supply chains are under severe pressure, we have rallied together to provide our customers with additional solutions. We have expanded our fleet, most notably with the addition of new LNG-powered 23,000 TEU vessels. We have also created a new airfreight division with four Airbus A330-200...

https://mfame.guru/cma-cgm-strong-2021-q1-operating-financial-performance/

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