On 14th January, Gentium and Damen Shipyards Group signed a memorandum of understanding (MoU) with the Ministry of Industry of Bangladesh in Dhaka.
Also present at the signing ceremony were representatives of the Netherlands Embassy in Bangladesh, who are supporting Gentium-Damen in their undertaking.
The goal of the MoU is to establish and develop a shipbuilding and ship repair industry in Bangladesh. The aim is to build ships in Bangladesh, for Bangladesh, with a long-term view of serving...
The Port of Singapore recorded strong growth in the past decade. In particular, container throughput in 2019 hit an all-time high of 37.2 million twenty-foot equivalent units (TEUs), amidst challenging global economic conditions.
Dr Lam Pin Min, Senior Minister of State for Transport and Health, announced the 2019 performance of the Port of Singapore at the Singapore Maritime Foundation New Year cocktail reception.
Dr Lam also announced that Mr Andreas Sohmen-Pao, Chairman of BW Group, has been...
The Panama Canal is to implement a series of new measures beginning February 15 to sustain an operational level of water.
Mitsui O.S.K. Lines, Ltd. (MOL) announced that the company has started operation of a new information platform called “Lighthouse,” aimed at dry bulkship customers.
The platform is a service that allows those involved in the transport process, such as shippers and vessel operators, to safely, unitarily, and in real-time, share and monitor various kinds of information related to ocean transport, such as vessel schedules, weather, ocean conditions, as well as data related to cargoes and contracts,...
The number of crew kidnapped in the Gulf of Guinea increased by more than 50% y-o-y.
Marine Vicky, Singapore’s first LNG-fueled bunker tanker, has been delivered to its owner, Sinanju Tankers Holdings.
https://worldmaritimenews.com/archives/289290/singapores-1st-lng-powered-bunker-tanker-delivered/
Höegh LNG Holdings Ltd. has received commitment letters for a revolving credit facility of up to USD 80 million.
https://worldmaritimenews.com/archives/289341/hoegh-lng-secures-usd-80-mn-loan/
Sinanju Tankers Holdings Pte Ltd is pleased to share the successful delivery of Marine Vicky, Singapore’s first LNG-powered bunker tanker.
She will join the fleet and commence operations in Singapore within Q1 as planned. Sinanju Tankers thanks the team at Keppel Nantong shipyard for her on-schedule delivery with a perfect safety record.
Background
Singapore has welcomed its first LNG-utilising bunker tanker, in the form of the dual-fuel, 7,990dwt Marine Vicky.
Image Credits: Sinanju Tankers...
Sea Continent Management has signed a strategic cooperation agreement with Lizhou Ship Management.
TORM has obtained a commitment for a total of USD 496 million from a syndicate of lenders.
https://worldmaritimenews.com/archives/289347/torm-nets-usd-496-mn-for-debt-refinancing/