Water transport

Castor Maritime Inc. Announces Vessel Acquisition

Retrieved on: 
Friday, April 9, 2021
Maritime transport, Cargo ship, Ship, Shipping, Water transport, Freight transport

The acquisition is expected to be consummated by taking delivery of the vessel within the second quarter of this year and is subject to the satisfaction of certain customary closing conditions.

Key Points: 
  • The acquisition is expected to be consummated by taking delivery of the vessel within the second quarter of this year and is subject to the satisfaction of certain customary closing conditions.
  • Petros Panagiotidis, Chief Executive Officer of Castor, commented:
    We are pleased to announce our ninth vessel acquisition in 2021 with the addition of another Panamax dry bulk vessel to Castors fleet.
  • Our focus remains on deploying our capital and growing our fleet through timely acquisitions of vessels across shipping segments.
  • Castor Maritime Inc. is an international provider of shipping transportation services through its ownership of oceangoing cargo vessels.

Scorpio Tankers Inc. Announces Availability of 2020 Annual Report on Form 20-F

Retrieved on: 
Thursday, April 1, 2021
Oil tanker, Tankers, Shipping, Water transport, Merchant navy

Scorpio Tankers is a provider of marine transportation of petroleum products worldwide.

Key Points: 
  • Scorpio Tankers is a provider of marine transportation of petroleum products worldwide.
  • The Companys fleet consists of 131 owned, finance leased, or bareboat chartered-in product tankers (42 LR2 tankers, 12 LR1 tankers, 63 MR tankers and 14 Handymax tankers) with an average age of 5.2 years.
  • Four Handymax tankers, which were on bareboat contracts, were redelivered to their owners as scheduled in March 2021.
  • Additional information about the Company is available at the Companys websitewww.scorpiotankers.com, which is not a part of this press release.

New Staten Island Ferries to Provide Efficient, Near-Zero Emissions Passenger Service

Retrieved on: 
Wednesday, March 31, 2021
Ships, Ferry, Hybrid ferry, Diesel locomotive, Public transport, Hybrid electric vehicle, Ontology, Water transport, Kitsap Fast Ferries

Reliable, efficient and affordable service is the primary mission of every public transportation agency.

Key Points: 
  • Reliable, efficient and affordable service is the primary mission of every public transportation agency.
  • Diesel technology powers the overwhelming majority of passenger ferries, both large and small, according to the most recent census of ferry operators compiled by the U.S. Department of Transportation.
  • The Red and White fleet operator of ferries in service across the country, introduced the first diesel electric hybrid ferry, the Enhydra , in 2018 to reduce emissions and save fuel.
  • The Diesel Technology Forum is a non-profit organization dedicated to raising awareness about the importance of diesel engines, fuel and technology.

Rental Boat Safety Website Promotes and Provides Free Boating Safety Resources for Rental Boat Customers and Agencies

Retrieved on: 
Tuesday, March 30, 2021
Boating, Water transport, Boat livery, Water, Human activities, Transport

CHESAPEAKE, Va., March 30, 2021 /PRNewswire/ --Rental Boat Safety, a campaign funded by the Sports Fish Restoration and Boating Trust Fund, provides free boating safety training resources to increase safe boating practices on waterways nationwide.

Key Points: 
  • CHESAPEAKE, Va., March 30, 2021 /PRNewswire/ --Rental Boat Safety, a campaign funded by the Sports Fish Restoration and Boating Trust Fund, provides free boating safety training resources to increase safe boating practices on waterways nationwide.
  • RentalBoatSafety.com hosts vessel-specific training videos and checklists, video PSA's, blogs, and other U.S. Coast Guard-approved resources created with both rental agencies and customers in mind.
  • Rental Boat Safety invites boat rental agencies nationwide to join the Rental Boat Safety Community as a way of ensuring their customers have a safe boating experience.
  • Rental Boat Safety ( www.RentalBoatSafety.com ) is a boating campaign for the purpose of providing recreational rental boat customers and liveries across the nation with free boating safety resources across the nation.

Scorpio Tankers Inc. Announces Purchase of Call Options by President of the Company

Retrieved on: 
Monday, March 29, 2021
Oil tanker, Tankers, Shipping, Water transport, Merchant navy

Scorpio Tankers is a provider of marine transportation of petroleum products worldwide.

Key Points: 
  • Scorpio Tankers is a provider of marine transportation of petroleum products worldwide.
  • The Companys fleet consists of 131 owned, finance leased or bareboat chartered-in product tankers (42 LR2 tankers, 12 LR1 tankers, 63 MR tankers and 14 Handymax tankers) with an average age of 5.2 years.
  • Four Handymax tankers, which were on bareboat contracts, were redelivered to their owners as scheduled in March 2021.
  • Additional information about the Company is available at the Companys website www.scorpiotankers.com , which is not a part of this press release.

Brunswick Corporation’s Lauren Beckstedt Named to Boating Industry’s 40 Under 40

Retrieved on: 
Monday, March 29, 2021
Boating, Water transport, Mettawa, Illinois, Duchy of Brunswick, Human activities, Human behavior

METTAWA, Ill., March 29, 2021 (GLOBE NEWSWIRE) -- Boating Industry Magazine today announced that Lauren Beckstedt, Chief Marketing Officer, Brunswick Boat Group, Business Acceleration and Enterprise Marketing Services, has been selected as one of its 40 Under 40 award winners for 2021.

Key Points: 
  • METTAWA, Ill., March 29, 2021 (GLOBE NEWSWIRE) -- Boating Industry Magazine today announced that Lauren Beckstedt, Chief Marketing Officer, Brunswick Boat Group, Business Acceleration and Enterprise Marketing Services, has been selected as one of its 40 Under 40 award winners for 2021.
  • Young professionals like those honored in the 40 Under 40 are setting the stage for the next generation of leadership in the recreational boating industry.
  • Each year, Boating Industrys 40 Under 40 features young leaders in the boating industry who stand out among hundreds of peer nominations for their multitude of accomplishments and promise to push the boating industry forward.
  • Lee Gordon Vice President Brunswick Global Communications & Public Relations Brunswick Office: 847-735-4003 Mercury Office: 920-924-1808 Cell: 904-860-8848 [email protected]

Navios Maritime Containers L.P. Announces Approval of the Merger with Navios Maritime Partners L.P.

Retrieved on: 
Wednesday, March 24, 2021
Transport, Intermodal containers, Shipping, Modularity, Container ship, Water transport, Navios Maritime Holdings

MONACO, March 24, 2021 (GLOBE NEWSWIRE) -- Navios Maritime Containers L.P. (Navios Containers) (NASDAQ:NMCI) announced that at its Special Meeting of Limited Partners held earlier today in Monaco, the Navios Containers common unit holders approved the merger (the Merger) contemplated by the previously announced Agreement and Plan of Merger, (the Merger Agreement), dated December31, 2020, by and among Navios Maritime Partners L.P. (Navios Partners), its direct wholly-owned subsidiary NMM Merger Sub LLC (Merger Sub), Navios Containers and its general partner, Navios Maritime Containers GP LLC.

Key Points: 
  • MONACO, March 24, 2021 (GLOBE NEWSWIRE) -- Navios Maritime Containers L.P. (Navios Containers) (NASDAQ:NMCI) announced that at its Special Meeting of Limited Partners held earlier today in Monaco, the Navios Containers common unit holders approved the merger (the Merger) contemplated by the previously announced Agreement and Plan of Merger, (the Merger Agreement), dated December31, 2020, by and among Navios Maritime Partners L.P. (Navios Partners), its direct wholly-owned subsidiary NMM Merger Sub LLC (Merger Sub), Navios Containers and its general partner, Navios Maritime Containers GP LLC.
  • Pursuant to the Merger Agreement, Merger Sub will be merged with and into Navios Containers, with Navios Containers being a wholly-owned subsidiary of Navios Partners.
  • The assets and liabilities and results of operations of Navios Containers will be included in Navios Partners consolidated results of operations from and only for periods subsequent to the effective time of the Merger.
  • About Navios Maritime Containers L.P.
    Navios Maritime Containers L.P. is a growth-oriented international owner and operator of containerships.

Scorpio Tankers Inc. Announces Purchase of Common Shares by Scorpio Holdings Limited

Retrieved on: 
Monday, March 22, 2021
Tanker, Oil tanker, Shipping, Water transport, Freight transport

MONACO, March 22, 2021 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (Scorpio Tankers, or the Company) announced that Scorpio Holdings Limited, a related party, has purchased 40,000 common shares of the Company today in the open market at an average price of $19.56 per share.

Key Points: 
  • MONACO, March 22, 2021 (GLOBE NEWSWIRE) -- Scorpio Tankers Inc. (NYSE:STNG) (Scorpio Tankers, or the Company) announced that Scorpio Holdings Limited, a related party, has purchased 40,000 common shares of the Company today in the open market at an average price of $19.56 per share.
  • Scorpio Tankers is a provider of marine transportation of petroleum products worldwide.
  • The Companys fleet consists of 135 owned, finance leased or bareboat chartered-in product tankers (42 LR2 tankers, 12 LR1 tankers, 63 MR tankers and 18 Handymax tankers) with an average age of 5.3 years.
  • Additional information about the Company is available at the Companys website www.scorpiotankers.com ,which is not a part of this press release.

DGAP-News: Aves One sells entire sea container portfolio and focuses on 'Rail' business

Retrieved on: 
Thursday, March 18, 2021
Intermodal containers, Water transport, Containerization, Economic globalization, Container port, Human activities, Aves One AG, Oak Hill Advisors

As part of the sale of the sea containers, non-cash exceptional write-downs of up to EUR 33.5 million will be incurred.

Key Points: 
  • As part of the sale of the sea containers, non-cash exceptional write-downs of up to EUR 33.5 million will be incurred.
  • With the closing of the transaction, the sea container segment will be completely discontinued and the Management Board will have thus successfully completed the transition to focus on the "Rail" business.
  • In addition, we will gain further financial stability from the sale of the more volatile container portfolio and the resulting elimination of exchange rate effects.
  • Aves One AG is a strongly growing holder of long-life rail assets with a modern and profitable freight car portfolio.

French Navy strengthens anti-submarine warfare capabilities with SonoFlash sonobuoy from Thales

Retrieved on: 
Thursday, March 18, 2021
Technology, Contracts, Maritime, Security, Transport, Other Technology, Nanotechnology, Hardware, Data management, Defense, Anti-submarine warfare, Sonar, Sonobuoy, Submarine, Water transport, Classical mechanics

The French Navy has selected the SonoFlash new-generation sonobuoy from Thales.

Key Points: 
  • The French Navy has selected the SonoFlash new-generation sonobuoy from Thales.
  • Unveiled at the Euronaval show in October 2018, SonoFlash will enable France to reach its strategic capability goal for acoustic sensors.
  • Three decades ago, only the superpowers had a true undersea warfare capability, but numerous countries now deploy modern submarine fleets.
  • With the combination of these two capabilities, and the added advantage of long endurance, the SonoFlash buoy is suitable for a wide array of deployment scenarios.