Tokyo, Japan-based shipping and logistics giant Kawasaki Kisen Kaisha (“K” LINE) has signed a long-term consecutive voyage charter with steel manufacturer JFE Steel Corporation for a new 210,000 deadweight bulker fuelled by liquefied natural gas.
LNG is a much cleaner fuel than heavy fuel oil. LNG combustion produces about 25% to 30% less carbon dioxide emissions,...
Nasdaq-listed dry bulk owner Castor Maritime seals a $15.3m senior term loan facility to aid fleet growth, says a press release published on their website.
About the loanCastor Maritime seals a $15.3m senior term loan facility with a European financial institution, secured by two of its vessels.
According to Castor, the loan is expected to be drawn down by end of this month, and will be used for the company’s growth plans.
Castor’s debut in Cape segment
Recently, Castor acquired a 2006-built...
https://mfame.guru/castor-maritime-seals-15-3m-fleet-growth-loan/
Cocaine worth $6.8 million was seized from Japanese capesize bulk carrier by the anti-narcotics division of the Turkish police and the coast guard on Aug. 22, reports Maritime Bulletin.
Cocaine bustCapesize bulk carrier FRONTIER FALCON was berthed at...
https://mfame.guru/watch-25-kilos-of-cocaine-seized-on-board-a-bulk-carrier/
According to a Lloyd’s List article, a gas explosion on a capesize vessel in Indonesian waters has claimed one life.
What happened?The vessel was sailing from China to Australia when the incident occurred during a routine gas charging operation.
The crew member of a Singapore-flagged Capesize bulker was fatally injured in a gas explosion aboard the ship on October 28.
The 2014-built Cape India was transiting Makassar Strait at the time of the explosion, according to local reports.
Injured...http://mfame.guru/one-dead-after-a-gas-explosion-on-capesize-vessel/