Maritime News

Banks, Private Sectors Show Sudden Interest in Scrubbers Financing

This file photo shows FSS Gov. Yoon Suk-heun. (Yonhap)

Last Friday,  South Korea’s financial regulator announced that they will encourage private banks to increase ship financing, as part of its efforts to improve the financial health of local shipbuilders, reports Yonhap News Agency.

The Backdrop of this

A month back it came to the limelight that some of the factors that make scrubbers an attractive investment for the shipowner are actually a disincentive for financiers. That is according to Avantis Marine chief executive Barry Bednar, one of the...

http://mfame.guru/banks-private-sectors-show-sudden-interest-in-scrubbers-financing/

Maersk Line’s Asia-Europe Network Reviewed

  • Maersk has reduced the number of ports they will call at directly with mother vessels in the Mediterranean with their Far East to Europe service.
  • Maersk Line will continue to operate direct services from North Europe, and South America besides being connected worldwide via other transshipment ports for many years.
  • Maersk aims to achieve better synergies depending on cargo mix of the port of loading and port of discharge, freight rates, transit times and fuel economies.

Maersk Line has recently...

http://mfame.guru/maersk-lines-asia-europe-network-reviewed/

Chinese Jinling Shipyard Orders Four MAN 51/60F Engines for RoPax Vessels

China’s Jinling Shipyardhas ordered four MAN 51/60DF engines in connection with the building of a 230-meter-long RoPax vessel for TT-Line, the German ferry operator, says an article published in LNG World News.

TT-Line’s ‘Green Ship’ design

The vessel will feature a complete MAN propulsion package, besides the engines, including propellers, a fuel-gas-supply system (FGSS), and HyProp ECO – MAN’s hybrid propulsion system, the company said.

The newbuilding is based on TT-Line’s ‘Green Ship’ design,...

http://mfame.guru/chinese-jinling-shipyard-orders-four-man-51-60f-engines-for-ropax-vessels/

Cal Maritime Training Ship Resumes Cruise After Accident

The California Maritime Academy’s training ship Golden Bear resumes cruise after being damaged in an accident in the eastern Caribbean, reports Hastings Tribune.

What happened?

The California State University Maritime Academy is located in Vallejo. The twin-diesel Golden Bear is a former Navy hydrographic survey vessel.

The academy said that the ship struck a shoreside gantry crane while arriving in Barbados under the control of a local pilot.

Any damage reported?

The ship’s main mast was damaged...

http://mfame.guru/cal-maritime-training-ship-resumes-cruise-after-accident/

Is Banning Dangerous Cargoes the Only Solution To Stamp Out Container Fires?

According to P&I insurers the Standard Club, banning dangerous cargoes is not the solution to stopping container fires, rather ensuring proper declaration and stowage, writes Seatrade Maritime News Editor Marcus Hand in an article published on their website.

The article further goes on to illustrate how mis-declared dangerous cargoes have been in the spotlight given the number of container cargo fires in recent years that have led to major casualties, including the fatal Maersk Honam blaze last...

http://mfame.guru/is-banning-dangerous-cargoes-the-only-solution-to-stamp-out-container-fires/

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