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Richard Fulford-Smith-led broking firm Affinity has hired six former employees of Lorentzen & Co which declared bankruptcy after over 100 years in business. The former Lorentzen staff joined Affinity’s bulker-oriented entity, Affinity Dry Bulk, and will establish the company’s new New York base. According to a LinkedIn post by Affinity Dry Bulk’s director Hans Bredrup, …
https://splash247.com/six-brokers-from-bankrupt-lorentzen-co-join-affinity/
https://splash247.com/six-brokers-from-bankrupt-lorentzen-co-join-affinity/Monaco-based Scorpio Tankers has clinched a financing deal for 45 ships worth $1bn. The New York-listed owner and operator of 113 tankers has tapped a group of banks to finance currently unencumbered vessels, or those financed through loans and financial leases, which carry higher margins. The deal, expected to close in July, is structured around …
https://splash247.com/scorpio-tankers-fixes-1bn-financing-for-45-ships/
https://splash247.com/scorpio-tankers-fixes-1bn-financing-for-45-ships/Nasdaq-listed Greek tanker owner Performance Shipping has entered into a time charter contract with ST Shipping & Transport for an LR2 aframax oil product tanker. Performance Shipping said that the vessel in question was the 2010-built, 105,304 dwt and that the deal was made via its wholly-owned subsidiary. The vessel joined the company’s fleet in …
https://splash247.com/performance-shipping-charters-aframax-to-st-shipping/
https://splash247.com/performance-shipping-charters-aframax-to-st-shipping/Idan Ofer-controlled Eastern Pacific Shipping has jumped on Elandra’s modern suezmax tanker, paying a hefty price of nearly $76m. Multiple industry sources have reported the Singapore-based diversified owner taking the 2018-built from the Vitol-backed outfit for around $75.5m. The ship was bought by Elantra from Restis family tanker vehicle Golden Energy Management as Energy Trophy …
https://splash247.com/eastern-pacific-shipping-forks-out-nearly-76m-for-five-year-old-suezmax/
https://splash247.com/eastern-pacific-shipping-forks-out-nearly-76m-for-five-year-old-suezmax/Nasdaq-listed tanker and LPG owner Toro has landed another massive profit from the sale of an elderly tanker bought in 2021. The spinoff of Cyprus-based Castor Maritime has confirmed offloading its nineteen-year-old aframax LR2 for $28m, deal brokers earlier reported in the $30m range. The transaction, expected to close in the third quarter, is expected …
https://splash247.com/toro-ships-out-veteran-tanker-for-17m-profit/
https://splash247.com/toro-ships-out-veteran-tanker-for-17m-profit/By combining a flat deck barge with HLP’s new ring crane concept, project developers can reduce costs and timescales, writes Alex Fyfe, managing director at UK’s Heavy Lift Projects (HLP). The global demand for energy derived from windfarms will see turbine deployments grow to reach 320GW by 2030 and 1,800GW by 2050. In 2030 alone …
https://splash247.com/thinking-differently-about-windfarm-deployment-logistics/
https://splash247.com/thinking-differently-about-windfarm-deployment-logistics/A Coast Guard helicopter aircrew medically evacuated a 57-year-old woman from the cruise ship Carnival Radiance approximately 35 miles southwest of Point Loma, Saturday. Carnival Radiance crewmembers contacted Coast Guard Sector San Diego Joint…
https://www.marinelink.com/news/passenger-stroke-symptoms-medevaced-506135
https://www.marinelink.com/news/passenger-stroke-symptoms-medevaced-506135With a number of evolving maritime business opportunities intermixed with geo-political headwinds, VSM, which represents the interests of the German maritime industry as a whole, launched a campaign aimed at the federal government and the EU…
https://www.marinelink.com/news/vsm-campaigns-rampup-german-maritime-506137
https://www.marinelink.com/news/vsm-campaigns-rampup-german-maritime-506137During the recent Paris Air Show, representatives of France and Italy signed a Memorandum of Understanding on the Mid-Life Upgrade (MLU) of the four Horizon frigates of the Italian and French Navies. The modernization will be entrusted to Naviris…
https://www.marinelink.com/news/naviris-eurosam-mou-horizon-frigate-506139
https://www.marinelink.com/news/naviris-eurosam-mou-horizon-frigate-506139RINA awarded an Approval in Principle (AiP) for a green retrofit package solution designed by Aurelia, in partnership with Econowind, Wattlab and Vertom, aimed to meet CO2 reduction targets in compliance with CII. The retrofit package can be…
https://www.marinelink.com/news/aip-aurelias-bulk-carrier-green-retrofit-506140
https://www.marinelink.com/news/aip-aurelias-bulk-carrier-green-retrofit-506140