Navios Acquisition gets up to $100m loan from Angeliki Frangou-linked firm

New York-listed tanker owner and operator Navios Maritime Acquisition has secured an up to $100m loan from a subsidiary of N Shipmanagement Acquisition, an entity affiliated with its chairman and CEO, Angeliki Frangou. A two-year loan has scheduled amortisation and bears interest at a rate of 11%...

https://splash247.com/navios-acquisition-gets-up-to-100m-loan-from-angeliki-frangou-linked-firm/

Hyundai Motor partners with Healthy Seas to foster a sustainable future

Hyundai Motor partners with Healthy Seas to foster a sustainable future

·       In pursuit of the company’s goal to establish sustainable leadership, Hyundai Motor has announced a pan-European partnership with the marine conservation organisation Healthy Seas·       By partnering with Healthy Seas, Hyundai is furthering its commitment to “Progress for Humanity” with a particular focus on the seas and oceans·       Based in the Netherlands, Healthy Seas aims to free the oceans of abandoned...

https://allaboutshipping.co.uk/2021/04/13/hyundai-motor-partners-with-healthy-seas-to-foster-a-sustainable-future/

Greek and Swedish shipowners weigh in with their own vision for Europe’s emission trading plans

An alliance of Greek and Swedish shipowners, along with NGO Transport & Environment (T&E), has called on the European Commission to put the polluter pays principle at the core of its emissions trading system (ETS) proposal. The EU Commission is revising the EU ETS directive in line with the...

https://splash247.com/greek-and-swedish-shipowners-weigh-in-with-their-own-vision-for-europes-emission-trading-plans/

Euroseas charters out feeder boxship at more than double the previous rate

Nasdaq-listed Greek containership owner Euroseas has sealed a new time charter contract for 1999-built 1,732 teu boxship . The new contract, with an unnamed charterer, will commence between April 20 and May 2 for a period 18-21 months at a daily rate of $16,800. The vessel’s current charter is at...

https://splash247.com/euroseas-charters-out-feeder-boxship-at-more-than-double-the-previous-rate/

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