Shipowners

Latest News for: Shipowners

GoodBulk Gets Ready For $140 Million U.S. IPO

Seeking Alpha 22 Jun 2018

Quick Take. GoodBulk (GBLK) intends to raise $140 million in a U.S. IPO of its common stock, according to an amended F-1/A registration statement. The firm provides shipping vessels to companies wishing to ship dry goods via waterways ... Company & Technology ... (Source.C Transport Maritime S.A.M. (CTM)) ... However, even as fleet growth is growing slowly, more orders are being placed shipyards by global shipowners to increase fleet sizes ... ....

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Owners slammed for spreading fake news on green recycling capacity

Splash24/7 21 Jun 2018

Shipowner claims that there will not be enough EU-approved ship recycling capacity following China’s exit from the international ship recycling scene at the end of this year has been rubbished by NGO Shipbreaking Platform ... SeaEurope, IndustriAll Europe and the NGO Shipbreaking Platform have urged that a financial incentive is needed to push more shipowners towards clean and safe ship recycling ... ....

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BLUE Communications: Trust, transparency, brands and shipping

Splash24/7 20 Jun 2018

Alisdair Pettigrew, who co-founded BLUE with Nick Blythe (pictured left and right, respectively), points to a number of pioneer shipowners in this regard, who he feels have recognised the importance of being more transparent, engaging with the people that are most important to their business ... We have seen other shipowners follow this approach since, as well as the wider industry as a whole,” Pettigrew says....

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HMM denies it is preparing for life without Maersk and MSC

Splash24/7 20 Jun 2018

January 1, 2020 marks a date creating headaches for shipowners around the world as they gear up for the introduction of IMO’s global 0.5% sulphur cap. However, for one Korean carrier it is another date, three months later, that is causing consternation ... The agreement, 2M+H, included a series of slot exchanges and slot purchases on East-West routes ... Previously it had been taking space on the tradelane via its partnership with 2M ... ....

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Shipowner associations make sulphur cap submissions

Splash24/7 19 Jun 2018

The world’s leading shipowning organisations have co-sponsored a number of submissions to the International Maritime Organization (IMO) ahead of a key meeting next month to thrash out technical details for the January 1, 2020 global 0.5% sulphur cap on shipping fuel ... The shipowning bodies asked for authorities to show some leniency in the first few months of the cap’s implementation....

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Cargill makes 2020 emissions pledge

Splash24/7 19 Jun 2018

In an interview with Reuters, Jan Dieleman, Cargill’s head of ocean transportation business, said his team was speaking to shipowners to discuss scrubber installations as well as the use of LNG as a ship fuel....

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Yangpu Sinowell Shipping dismisses bankruptcy rumours

Splash24/7 18 Jun 2018

Chinese domestic container shipping operator Yangpu Sinowell Shipping has issued a release denying it is in financial difficulties, after rumours started spread about the health of the company in recent days ... The shipowner has sold four ships recently. ....

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Genco takes two capes and two ultramaxes in $141 en bloc deal

Splash24/7 15 Jun 2018

New York-based dry bulk shipowner Genco Shipping & Trading has revealed the en bloc acquisition ......

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First Run for Trimaran Superspeed Linking Thessaloniki with Sporades

The National Herald 15 Jun 2018

“We are here to stay” stated Golden Star Ferries shipowner Giorgos Stefanou at a press conference and expessed his desire that the sea route become well established and remain, so it can facilitate travellers and businesses ... ....

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Drilling into human data at sea

Splash24/7 15 Jun 2018

Steven Jones, the founder of the Seafarers Happiness Index, writes exclusively for Splash today, stressing how vital it is that we bridge the divide between how crew actually feel, and how we would like them to feel ... Making it easier for shipowners, operators and managers to understand the impact of every day decisions and what it is to be at sea today ... While we need shipowners to read, reflect and find the means to respond ... ....

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Varun’s Khatau plots comeback

Splash24/7 14 Jun 2018

Bust shipowners rarely go under for long. In India, one of the country’s most high profile casualties of the shipping downturn, Yudhishthir Khatau, is rumoured to be plotting a comeback ... Nevertheless, Khatau is being tipped to try and use the listing to reenter the shipowning business ... ....

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Competition Commission Orders Detailed Probe Against ONGC

Yahoo Daily News 14 Jun 2018

The Smarter way to get your business news - Subscribe to BloombergQuint on WhatsApp ... Indian National Shipowners' Association had complained about Charter Hire Agreement (CHA) of the state-owned firm ... Also Read ... The regulator also noted that ONGC has invoked the clause by issuing de-hiring notices to various member companies of Indian National Shipowners' Association on April 28, 2016, without assigning any justification ... ... ....

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Deutsche Bank sells $1 bln non-performing ship loan portfolio -sources

This is Money 14 Jun 2018

By Arno Schuetze and Jonathan Saul ... Deutsche Bank and Oak Hill declined to comment, while Varde was not immediately available for comment ... Finance sources said the portfolio was expected to include some performing loans from shipowners rather than just distressed debt ... Exploiting German rules that gave tax credits to owners of container ships, German lenders had become some of the biggest backers of shipowners over the past 20 years ... ....

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