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Diana Shipping has lined up $123m to refinance existing credit facilities secured by 14 of its ships. The New York-listed Greek bulker owner has signed a non-binding term sheet with a major European bank for a new $100m sustainability-linked loan, which, if completed, will be used to refinance existing loans secured by the company’s ten …
https://splash247.com/diana-shipping-readies-123m-refinancing/
https://splash247.com/diana-shipping-readies-123m-refinancing/Norwegian owner Ocean Yield has signed up for eight or nine ammonia-ready newcastlemax bulk carriers booked for construction in China by Belgium’s Bocimar, the bulkers unit of the Saverys family’s Compagnie Maritime Belge (CMB). The sale and leaseback specialist of US investment firm Kohlberg Kravis Roberts (KKR) last year struck a deal for at least …
https://splash247.com/ocean-yield-details-cmb-ammonia-ready-newcastlemax-deal/
https://splash247.com/ocean-yield-details-cmb-ammonia-ready-newcastlemax-deal/China Merchants Energy Shipping (CMES) is back at its shipbuilder of choice, Dalian Shipbuilding Industry (DSIC), for four more newbuilds worth a total of $588.3m. The Shanghai-listed energy transport unit of China Merchants Group has signed for a pair of 175,000 cu m liquefied natural gas (LNG) carriers in a $470m deal, or $235m per …
https://splash247.com/china-merchants-splashes-588m-on-dalian-lng-and-tanker-newbuilds/
https://splash247.com/china-merchants-splashes-588m-on-dalian-lng-and-tanker-newbuilds/Even Russia’s closest allies are getting jittery about the state of the tonnage being used to haul oil across the globe. Data analytics firm Voretxa has reported of Chinese ports raising their scrutiny regarding port inspection when it comes to older tankers. The latest port to implement tighter measures is the port of Qingdao, focusing …
https://splash247.com/china-clamping-down-on-shadow-fleet/
https://splash247.com/china-clamping-down-on-shadow-fleet/In May, the U.S. Coast Guard will start a strengthened and pointedly direct anti-SASH campaign that will extend across the maritime industry. SASH is an acronym for sexual assault/sexual harassment, and this new effort adds muscle to Marine…
https://www.marinelink.com/news/us-coast-guard-ready-move-new-antisash-505393
https://www.marinelink.com/news/us-coast-guard-ready-move-new-antisash-505393A boat carrying about 500 migrants, including a newborn baby and pregnant women, has disappeared in the central Mediterranean, two charities said on Friday. Alarm Phone, a group that picks up calls from migrant vessels in distress, said it lost contact with the boat on Wednesday morning.
https://www.marinelink.com/news/mediterranean-boat-carrying-migrants-505403
https://www.marinelink.com/news/mediterranean-boat-carrying-migrants-505403Norway's Kongsberg Maritime said Friday it had successfully demonstrated a range of remote and autonomous technologies on a cargo vessel operating off the coast of Norway.The test cruise has been named one of the most complex autonomous journeys at sea so far…
https://www.marinelink.com/news/cargo-vessel-completes-complex-autonomous-505404
https://www.marinelink.com/news/cargo-vessel-completes-complex-autonomous-505404A Chinese research ship and five escort vessels were in Vietnam's exclusive economic zone (EEZ) on Friday, close to gas blocks operated by Russian firms in the South China Sea, a day after Vietnam urged the ships to leave.The Chinese vessel…
https://www.marinelink.com/news/chinese-ships-ignore-vietnam-demand-leave-505408
https://www.marinelink.com/news/chinese-ships-ignore-vietnam-demand-leave-505408Danish shipping company NORDEN announced Friday it has entered into an agreement to acquire the Thorco Projects business, providing access to new customers within the general cargo segment such as break bulk, steels and wind energy.Denmark-based Thorco Projects…
https://www.marinelink.com/news/norden-acquire-thorco-projects-business-505409
https://www.marinelink.com/news/norden-acquire-thorco-projects-business-505409Massachusetts Maritime Academy conducted its annual regimental Change of Command Ceremony in conjunction with the celebration of National Maritime Day on Wednesday, May 24.The Change of Command Ceremony is both the symbolic and physical transfer…
https://www.marinelink.com/news/mass-maritime-holds-change-command-505413
https://www.marinelink.com/news/mass-maritime-holds-change-command-505413