DWT

Performance Shipping Inc. Signs Shipbuilding Contract for the Construction of a Newbuilding LR1 Tanker Vessel

Retrieved on: 
Dienstag, Mai 7, 2024
The Seller, Carbon, DWT, Public expenditure, EGCS, LR2, Ageing, Growth, Shipbuilding

Andreas Michalopoulos, the Company's Chief Executive Officer, stated:

Key Points: 
  • Andreas Michalopoulos, the Company's Chief Executive Officer, stated:
    “We are pleased to announce our shipbuilding contract to construct one modern eco-design LR1 tanker.
  • This vessel will feature the latest high specification engine and emission requirements, along with a scrubber and water ballast treatment system.
  • The construction of the vessel is undertaken by one of the most reputable and highly specialized shipyards in the world.
  • This contract marks our fourth shipbuilding contract, including three LNG-ready LR2 oil tankers and one LR1 chemical/product oil tanker with scheduled deliveries ranging from October 2025 to January 2027.

Eureka Shipping Announces Construction of New Cutting-Edge Cement Carrier for Great Lakes Trade

Retrieved on: 
Dienstag, April 16, 2024
Great Lakes region, Safety, Canada Steamship Lines, Atlantic Ocean, DWT, Wind, HVO, Steel, Baltic Sea, Noise, CSL, SMT, Shipbuilding

Montreal, April 16, 2024 (GLOBE NEWSWIRE) -- Eureka Shipping, a leading provider of sustainable, high-efficiency cement carrier services jointly owned by SMT Shipping and The CSL Group, is pleased to announce the construction of a state-of-art mechanical/pneumatic cement ship destined for operation in the Great Lakes.

Key Points: 
  • Montreal, April 16, 2024 (GLOBE NEWSWIRE) -- Eureka Shipping, a leading provider of sustainable, high-efficiency cement carrier services jointly owned by SMT Shipping and The CSL Group, is pleased to announce the construction of a state-of-art mechanical/pneumatic cement ship destined for operation in the Great Lakes.
  • "Building a ship aligned with eco-friendly principles is a top priority for both Eureka Shipping and our customer,” said Kai Grotterud, Managing Director of Eureka Shipping.
  • "Our new cement carrier is expected to contribute significantly to decarbonization by drastically reducing the emissions per metric tonne of cargo carried.
  • Eureka Shipping Ltd. is a leading provider of logistical services within the specialized segment of pneumatic and mechanical cement carriers.

Eureka Shipping Announces Construction of New Cutting-Edge Cement Carrier for Great Lakes Trade

Retrieved on: 
Dienstag, April 16, 2024
Great Lakes region, Safety, Canada Steamship Lines, Atlantic Ocean, DWT, Wind, HVO, Steel, Baltic Sea, Noise, CSL, SMT, Shipbuilding

MONTREAL, April 16, 2024 (GLOBE NEWSWIRE) -- Eureka Shipping, a leading provider of sustainable, high-efficiency cement carrier services jointly owned by SMT Shipping and The CSL Group, is pleased to announce the construction of a state-of-art mechanical/pneumatic cement ship destined for operation in the Great Lakes.

Key Points: 
  • MONTREAL, April 16, 2024 (GLOBE NEWSWIRE) -- Eureka Shipping, a leading provider of sustainable, high-efficiency cement carrier services jointly owned by SMT Shipping and The CSL Group, is pleased to announce the construction of a state-of-art mechanical/pneumatic cement ship destined for operation in the Great Lakes.
  • “Building a ship aligned with eco-friendly principles is a top priority for both Eureka Shipping and our customer,” said Kai Grotterud, Managing Director of Eureka Shipping.
  • The new vessel, currently under construction by the Holland Shipyard Group in the Netherlands, is scheduled for delivery in 2025 and will commence operations in the Great Lakes region.
  • Eureka Shipping Ltd. is a leading provider of logistical services within the specialized segment of pneumatic and mechanical cement carriers.

Capital Product Partners L.P. Announces the Sale of Three 10,000 TEU Container Vessels

Retrieved on: 
Mittwoch, März 20, 2024
Partnership, TEU, Sale, Acquisition, DWT, Samsung Heavy Industries, Panamax, CPLP, LNG

ATHENS, Greece, March 20, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP), an international owner of ocean-going vessels, today announced that the Partnership entered into a memorandum of agreement for the sale of three 10,000 TEU container vessels, built in 2011 at Samsung Heavy Industries, S. Korea: the M/V Athos, the M/V Aristomenis and the M/V Athenian.

Key Points: 
  • ATHENS, Greece, March 20, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP), an international owner of ocean-going vessels, today announced that the Partnership entered into a memorandum of agreement for the sale of three 10,000 TEU container vessels, built in 2011 at Samsung Heavy Industries, S. Korea: the M/V Athos, the M/V Aristomenis and the M/V Athenian.
  • Delivery of the vessels to the buyer is expected in April 2024.
  • With the recently completed sale of the M/V Akadimos (115,534 DWT / 9,300 TEU, Eco-Flex, Wide Beam container vessel, built 2015, Daewoo-Mangalia Heavy Industries S.Α., Romania), which was delivered to its new owners on March 8, 2024, the Partnership has completed the sale of two container vessels and has agreed to sell two Panamax container vessels and three Neo-Panamax container vessels.
  • Total expected gross cash proceeds from the sale of the seven container vessels are estimated at approximately $272.5 million or $182.5m after repaying outstanding debt.

EQS-News: Pecan Energies, operator of Deepwater Tano/Cape Three Points (DWT/CTP) block, completes rebranding, committing to unlock prosperity for Ghana and beyond

Retrieved on: 
Mittwoch, März 13, 2024
Acquisition, DWT, Natural Resources, AFC, Africa Finance Corporation, Growth, Empowerment, Print on demand, Human, FID, Energy, Truffle

Pecan Energies, operator of Deepwater Tano/Cape Three Points (DWT/CTP) block, completes rebranding, committing to unlock prosperity for Ghana and beyond

Key Points: 
  • Pecan Energies, operator of Deepwater Tano/Cape Three Points (DWT/CTP) block, completes rebranding, committing to unlock prosperity for Ghana and beyond
    The issuer is solely responsible for the content of this announcement.
  • Pecan Energies ( www.PecanEnergies.com ), the operator of the Deepwater Tano/Cape Three Points (DWT/CTP) block offshore Ghana is thrilled to announce the successful completion of its rebranding journey.
  • Africa Finance Corporation (AFC) acquired Pecan Energies in April 2023, laying the foundations for a new brand identity.
  • “Pecan Energies represents our ambition to become the Pan-African oil and gas operator of choice in offshore deep waters of Ghana.

Capital Product Partners L.P. Announces the Sale of One 9,300 TEU and Two 5,100 TEU Container Vessels

Retrieved on: 
Montag, März 4, 2024
DWT, TEU, CPLP, Sale, Partnership, Shipbuilding

ATHENS, Greece, March 04, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP), an international owner of ocean-going vessels, today announced that it has entered into a memorandum of agreement for the sale of M/V Akadimos (115,534 DWT / 9,300 TEU, Eco-Flex, Wide Beam container vessel, built 2015, Daewoo-Mangalia Heavy Industries S.Α., Romania).

Key Points: 
  • ATHENS, Greece, March 04, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP), an international owner of ocean-going vessels, today announced that it has entered into a memorandum of agreement for the sale of M/V Akadimos (115,534 DWT / 9,300 TEU, Eco-Flex, Wide Beam container vessel, built 2015, Daewoo-Mangalia Heavy Industries S.Α., Romania).
  • Delivery to the buyer is expected within March 2024.
  • The Partnership has also entered into a memorandum of agreement for the en bloc sale of sister vessels M/V Fos Express (68,579 DWT / 5,100 TEU, container vessel, built 2008, Hanjin Heavy Industries & Construction Co., Ltd., South Korea) and M/V Seattle Express (68,411 DWT / 5,100 TEU, container vessel, built 2008, Hanjin Heavy Industries & Construction Co., Ltd., South Korea).
  • Delivery to the buyer is expected by April 2024.

Globus Maritime Limited Announces the Delivery of a 2024-Built Ultramax Dry Bulk Vessel “Glbs Hero,” Expanding Fleet to Seven Vessels

Retrieved on: 
Donnerstag, Januar 25, 2024
DWT, Acquisition, Shipbuilding

GLYFADA, Greece, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Globus Maritime Limited (the “Company” or “Globus”) (NASDAQ: GLBS), a dry bulk shipping company, announced today that it has taken delivery of the M/V “Glbs Hero,” a 2024 new built Ultramax dry bulk carrier it acquired for a purchase price of about $37.5 million, of which the Company had previously announced on May 10, 2022.

Key Points: 
  • GLYFADA, Greece, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Globus Maritime Limited (the “Company” or “Globus”) (NASDAQ: GLBS), a dry bulk shipping company, announced today that it has taken delivery of the M/V “Glbs Hero,” a 2024 new built Ultramax dry bulk carrier it acquired for a purchase price of about $37.5 million, of which the Company had previously announced on May 10, 2022.
  • The M/V “Glbs Hero” was built at the Nihon Shipyard Co in Japan and has a carrying capacity of approximately 64,000 DWT.
  • Following this acquisition, the fleet of Globus comprises of seven dry bulk carriers with a total carrying capacity of approximately 517,745 DWT.

Global Ship Recycling Market Report with Profiles of Alang Info Services, Dortel Ship Recycling, Izmir Ship Recycling, KSRM Steel Plant, OSM Thome and Spot Shipping - ResearchAndMarkets.com

Retrieved on: 
Freitag, Januar 19, 2024
Maritime, Transport, Recycling, Environment, DWT, Statistics, Growth

The specific growth drivers and challenges related to the ship recycling business are presented within this global context.

Key Points: 
  • The specific growth drivers and challenges related to the ship recycling business are presented within this global context.
  • This comprehensive market research report evaluates the global market for ship recycling.
  • Provide realistic market data and forecasts for the global market for ship recycling, with respect to its different segments, i.e., vessel type, vessel size and methods.
  • A technical overview of the primary ship dismantling technologies is provided, as well as an overview of novel ship recycling methods.

CSL and Adbri Partner to Build First Fully Electric Battery Capable Self-Unloading Ship

Retrieved on: 
Mittwoch, Dezember 20, 2023
Partnership, DWT, CSL, Adbri, Canada Steamship Lines, Carbon, Steel, Cement

MONTREAL, Dec. 20, 2023 (GLOBE NEWSWIRE) -- The CSL Group (“CSL”), a global leader in responsible marine transportation services, is excited to announce a 20-year strategic partnership with Adelaide Brighton Cement Ltd. (“Adbri”) to build and operate the world’s first fully electric battery capable self-unloading vessel.

Key Points: 
  • MONTREAL, Dec. 20, 2023 (GLOBE NEWSWIRE) -- The CSL Group (“CSL”), a global leader in responsible marine transportation services, is excited to announce a 20-year strategic partnership with Adelaide Brighton Cement Ltd. (“Adbri”) to build and operate the world’s first fully electric battery capable self-unloading vessel.
  • The custom-designed ship will replace Adbri’s Accolade II and will support the company's limestone operations in South Australia with a focus on enhanced efficiency and environmental responsibility.
  • The ship will carry up to 2.7 million tonnes of limestone per year, which represents a 35% increase over the existing vessel’s carrying capacity.
  • “Adbri is excited to have one of the world’s first 100% battery electric capable cargo vessels as our limestone carrier,” said Mark Irwin, Adbri Chief Executive Officer.

Danaos Corporation Reports Third Quarter and Nine Months Ended September 30, 2023

Retrieved on: 
Montag, November 13, 2023
Maritime, Transport, Logistics, Supply Chain Management, Other Transport, Carbon, Sale, Webcast, EBITDA, Vice, Pressure, Research, Policy, Special, Senior, Commercial, Depreciation, Capesize, Investment, ZIM, Share repurchase, Tax, Debt-to-GDP ratio, Note, Table, Retirement, DWT, TEU, Bookkeeping, Credit, Airline, Cryptocurrency, Clothing, Shipbuilding, Real estate, Rare-earth element, Birth control, Security (finance), Management, Internet service provider, Adjustment, Danaus

Three months ended September 30, 2023 compared to the three months ended September 30, 2022

Key Points: 
  • Three months ended September 30, 2023 compared to the three months ended September 30, 2022
    During the three months ended September 30, 2023, Danaos had an average of 68.0 container vessels compared to 71.0 container vessels during the three months ended September 30, 2022.
  • Operating revenues for the three months ended September 30, 2023 reflected:
    a $9.5 million decrease in revenues in the three months ended September 30, 2023 compared to the three months ended September 30, 2022 due to decreased amortization of assumed time charters,
    a $5.5 million decrease in revenues in the three months ended September 30, 2023 compared to the three months ended September 30, 2022 due to vessel disposals;
    a $3.1 million decrease in revenues in the three months ended September 30, 2023 compared to the three months ended September 30, 2022 due to lower non-cash revenue recognition in accordance with US GAAP; and
    a $2.7 million decrease in revenues in the three months ended September 30, 2023 compared to the three months ended September 30, 2022 mainly as a result of lower charter rates;
    Vessel operating expenses increased by $0.3 million to $39.5 million in the three months ended September 30, 2023 from $39.2 million in the three months ended September 30, 2022, primarily as a result of an increase in the average daily operating cost for vessels on time charter to $6,499 per vessel per day for the three months ended September 30, 2023 compared to $6,173 per vessel per day for the three months ended September 30, 2022, which was partially offset by a decrease in the average number of vessels in our fleet.
  • Nine months ended September 30, 2023 compared to the nine months ended September 30, 2022
    During the nine months ended September 30, 2023, Danaos had an average of 68.1 container vessels compared to 71.0 container vessels during the nine months ended September 30, 2022.
  • Operating revenues for the nine months ended September 30, 2023 reflect:
    a $33.2 million increase in revenues in the nine months ended September 30, 2023 compared to the nine months ended September 30, 2022 mainly as a result of higher charter rates;
    a $29.5 million decrease in revenues in the nine months ended September 30, 2023 compared to the nine months ended September 30, 2022 due to decreased amortization of assumed time charters;
    a $14.2 million decrease in revenues in the nine months ended September 30, 2023 compared to the nine months ended September 30, 2022 due to vessel disposals; and
    a $6.1 million decrease in revenues in the nine months ended September 30, 2023 compared to the nine months ended September 30, 2022 due to lower non-cash revenue recognition in accordance with US GAAP.