Norway’s Gram Car Carriers (GCC) has secured a $35m loan to buy back the 6,700 ceu panamax vessel Viking Bravery currently under sale and leaseback deal with CSSC Shipping. The Oslo and OTC-listed tonnage provider has taken out the loan priced at SOFR +1.65% from DekaBank Deutsche Girozentrale with...
https://splash247.com/gram-car-carriers-buys-back-panamax-as-it-fixes-new-finance/
Rockets and drones rained down on international merchant shipping in the Red Sea on Sunday with war risk surcharges now becoming more common and naval coalitions struggling to keep up with the volume of attacks in the Middle East. This de facto pulls China closer into the conflict In recent weeks,...
Record car trade volumes by sea are on track to stand 12% above pre-covid levels this year, and 19% above in car-miles, according to the latest projections from Clarksons Research, with car carriers being one of the best performing shipping sectors this year. Global deepsea seaborne car trades...
https://splash247.com/car-carrier-trades-smash-multiple-records/
Shipmanagement and marine services giant V.Group has partnered up with carbon trading firm Aither to provide shipowners trading of carbon credits for the EU Emissions Trading System (ETS), which will cover emissions from maritime transport from January 2024. The partnership will give V’ shipowner...
https://splash247.com/v-group-forms-carbon-trading-partnership/
The CEOs of leading global shipping lines, MSC, Maersk, CMA CGM, Hapag-Lloyd and Wallenius Wilhelmsen, issued a joint declaration at COP 28 on Friday calling for an end date for fossil-only powered newbuilds and urging the International Maritime Organization (IMO) to create the regulatory...
Middle-market private equity firm TJC, formerly known as The Jordan Company, has agreed to acquire Global Transport Solutions (GTS), alogistics service provider specializing in supply chain and forwarding solutions for the maritime industry. Operating under the brands Marinetrans and Best Global...
https://splash247.com/private-equity-firm-tjc-acquires-global-transport-solutions/
Belgium’s Compagnie Maritime Belge, via its cleantech division, CMB.Tech has teamed up with compatriot shipping company Boeckmans to build four hydrogen-powered general cargo vessels. The 5,000 dwt ships will be built at the Dung Quat shipyard in Vietnam with the first delivery expected in the...
https://splash247.com/cmb-and-boeckmans-team-up-for-hydrogen-powered-newbuilds/
Ships with links to Israel are diverting in greater numbers from the Red and Arabian Seas following a series of attacks over the past 11 days by Houthis, Iranians and Somalis. Danish liner giant Maersk became the latest big name to announce that a pair of its ships on charter – Lisa and Maersk...
Conoship International has revealed a new design for a “future-proof” general cargo vessel. Following in the footsteps of its CIP3600 and CIP3800 models, Conoship said the new ship, dubbed CIP6300, has been designed to ensure the lowest possible fuel consumption. The 99.99-m-long unit features...
https://splash247.com/conoship-showcases-another-future-proof-vessel-design/
New details are emerging regarding the cargo ship Raptor that sank off the Greek island of Lesbos on Sunday. The known facts so far are that the Comoros-flagged ship carrying salt to Istanbul with 14 crew on board sank some 4.5 nautical miles southwest of Lesbos. One person has died, one has been...