Water transport

Crowley & Stena RoRo to assist United States Maritime Administration (MARAD) in acquiring vessels for their Ready Reserve Force (RRF)

Retrieved on: 
Wednesday, August 4, 2021
Key Points: 
  • Stena RoRo is included in Crowley's project team, together with Serco and LCE (Life Cycle Engineering).
  • Stena RoRo will also act as broker within the VAM programme and support Crowley & MARAD with the conclusion of contracts for identified candidate vessels fulfilling the operational requirements set by MARAD.
  • "The VAM project represent another milestone in the long-standing cooperation between Crowley and Stena RoRo, dating back to the early 80s," says Per Westling, Managing Director, Stena RoRo.
  • Link to press release from Crowley:
    Since 1977, Stena RoRo has led the development of new marine RoRo, cargo and passenger concepts.

Crowley & Stena RoRo to assist United States Maritime Administration (MARAD) in acquiring vessels for their Ready Reserve Force (RRF)

Retrieved on: 
Wednesday, August 4, 2021
Key Points: 
  • Stena RoRo is included in Crowley's project team, together with Serco and LCE (Life Cycle Engineering).
  • Stena RoRo will also act as broker within the VAM programme and support Crowley & MARAD with the conclusion of contracts for identified candidate vessels fulfilling the operational requirements set by MARAD.
  • "The VAM project represent another milestone in the long-standing cooperation between Crowley and Stena RoRo, dating back to the early 80s," says Per Westling, Managing Director, Stena RoRo.
  • Link to press release from Crowley:
    Since 1977, Stena RoRo has led the development of new marine RoRo, cargo and passenger concepts.

Foghorn Therapeutics to Participate at the 2021 Wedbush PacGrow Healthcare Virtual Conference

Retrieved on: 
Tuesday, August 3, 2021

CAMBRIDGE, Mass., Aug. 03, 2021 (GLOBE NEWSWIRE) -- Foghorn Therapeutics Inc. (Nasdaq: FHTX), a company pioneering the discovery and development of a new class of medicines targeting genetically determined dependencies within the chromatin regulatory system, today announced that Steven Bellon, Ph.D., Senior Vice President of Drug Discovery, is scheduled to participate in a panel at the 2021 Wedbush PacGrow Healthcare Virtual Conference, which is being held from August 10-11.

Key Points: 
  • CAMBRIDGE, Mass., Aug. 03, 2021 (GLOBE NEWSWIRE) -- Foghorn Therapeutics Inc. (Nasdaq: FHTX), a company pioneering the discovery and development of a new class of medicines targeting genetically determined dependencies within the chromatin regulatory system, today announced that Steven Bellon, Ph.D., Senior Vice President of Drug Discovery, is scheduled to participate in a panel at the 2021 Wedbush PacGrow Healthcare Virtual Conference, which is being held from August 10-11.
  • Members of the Foghorn management team will also host investor meetings during the conference.
  • Foghorn Therapeutics is discovering and developing a novel class of medicines targeting genetically determined dependencies within the chromatin regulatory system.
  • Through its proprietary scalable Gene Traffic Control platform, Foghorn is systematically studying, identifying and validating potential drug targets within the chromatin regulatory system.

Euroseas Ltd. Announces New Charter for One Of Its Vessels, M/V “EM Spetses”

Retrieved on: 
Monday, August 2, 2021

(1) The CONTEX (Container Ship Time Charter Assessment Index) has been published by the Hamburg and Bremen Shipbrokers Association (VHBS) since October 2007.

Key Points: 
  • (1) The CONTEX (Container Ship Time Charter Assessment Index) has been published by the Hamburg and Bremen Shipbrokers Association (VHBS) since October 2007.
  • The CONTEX is a company-independent index of time charter rates for container ships.
  • Euroseas employs its vessels on spot and period charters and through pool arrangements.
  • After the delivery of the latter two vessels, Euroseas 16 containerships will have a cargo capacity of 47,881 teu.

Diana Shipping Inc. Announces Signing of a Supplemental Agreement With Nordea Bank

Retrieved on: 
Friday, July 30, 2021

Diana Shipping Inc.s fleet currently consists of 36 dry bulk vessels (4 Newcastlemax, 12 Capesize, 5 Post-Panamax, 5 Kamsarmax and 10 Panamax).

Key Points: 
  • Diana Shipping Inc.s fleet currently consists of 36 dry bulk vessels (4 Newcastlemax, 12 Capesize, 5 Post-Panamax, 5 Kamsarmax and 10 Panamax).
  • The Company also expects to take delivery of one Kamsarmax dry bulk vessel by the end of February 2022.
  • A table describing the current Diana Shipping Inc. fleet can be found on the Companys website, www.dianashippinginc.com.
  • Diana Shipping Inc. is a global provider of shipping transportation services through its ownership of dry bulk vessels.

Widespread Increase in Boating Activity and Access to Boating & Education Reported by Water Sports Foundation

Retrieved on: 
Wednesday, July 28, 2021

People took to the water in historic numbers as a safe escape from quarantine, while online boater education classes simultaneously spiked.

Key Points: 
  • People took to the water in historic numbers as a safe escape from quarantine, while online boater education classes simultaneously spiked.
  • With purchase options somewhat stymied, boating access providers including boat clubs, rentals and charter operators, among others, saw participation skyrocket among new and experienced boaters.
  • Water access through boat sharing programs has enjoyed solid growth as they offer a taste of boating without the financial commitment associated with ownership.
  • To access the remainder of this release including additional information on boating rental access, boating rental safety providers and boating education course providers, please click: https://www.watersportsfoundation.com/widespread-increase-in-boating-act... .

Seanergy Announces Delivery & Immediate Period Employment of one Capesize Vessel and New Bank Loan Facility

Retrieved on: 
Tuesday, July 27, 2021

About Seanergy Maritime Holdings Corp.

Key Points: 
  • About Seanergy Maritime Holdings Corp.
    Seanergy Maritime Holdings Corp. is the only pure-play Capesize ship-owner publicly listed in the US.
  • Seanergy provides marine dry bulk transportation services through a modern fleet of Capesize vessels.
  • On a fully-delivered basis, the Company's operating fleet will consist of 16 Capesize vessels with an average age of 11.4 years and aggregate cargo carrying capacity of approximately 2,829,631 dwt.
  • The Company is incorporated in the Marshall Islands and has executive offices in Glyfada, Greece.

Global Towed Array Sonar Market Outlook 2028 - ResearchAndMarkets.com

Retrieved on: 
Monday, July 26, 2021

The "Global Towed Array Sonar Market Outlook 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Towed Array Sonar Market Outlook 2028" report has been added to ResearchAndMarkets.com's offering.
  • The global towed array sonar market is anticipated to grow in upcoming years owing to advancements in naval border security and growth in fishing and oil & gas industry.
  • In terms of market segmentation, the global towed array sonar market is segmented by type, acoustic frequency, component, by end-use, and by region.
  • However, the negative impact of sonar technology on marine ecosystem might negatively affect the market growth.

Capital Product Partners L.P. Announces Cash Distribution

Retrieved on: 
Wednesday, July 21, 2021

ATHENS, Greece, July 21, 2021 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced that its board of directors has declared a cash distribution of $0.10 per common unit for the second quarter of 2021 ended June 30, 2021.

Key Points: 
  • ATHENS, Greece, July 21, 2021 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced that its board of directors has declared a cash distribution of $0.10 per common unit for the second quarter of 2021 ended June 30, 2021.
  • The second quarter common unit cash distribution will be paid on August 10, 2021 to common unit holders of record on August 3, 2021.
  • About Capital Product Partners L.P.
    Capital Product Partners L.P.(NASDAQ: CPLP), aMarshall Islandsmaster limited partnership, is an international owner of ocean-going vessels.
  • CPLP currently owns 16 vessels, including twelve Neo-Panamax container vessels, three Panamax container vessels and one Capesize bulk carrier.

Globus Maritime Limited Announces the Delivery of a 2011-Built Kamsarmax Dry Bulk Vessel “Power Globe”, Expanding Fleet to Eight Vessels

Retrieved on: 
Wednesday, July 21, 2021

The M/V Power Globe was built at the Universal Shipbuilding Corporation in Japan and has a carrying capacity of 80,655DWT.

Key Points: 
  • The M/V Power Globe was built at the Universal Shipbuilding Corporation in Japan and has a carrying capacity of 80,655DWT.
  • Following this acquisition, the fleet of Globus comprises of eight dry bulk carriers with a total carrying capacity of 544,420 DWT.
  • Globus is an integrated dry bulk shipping company that provides marine transportation services worldwide and presently owns, operates and manages a fleet of eight dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally.
  • Globus subsidiaries own and operate eight vessels with a total carrying capacity of 544,420DWTand a weighted average age of 10.2 years as of July 21, 2021.