Shipping

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.

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.

Crowley Awarded MARAD Vessel Acquisition Management Contract

Retrieved on: 
Wednesday, July 28, 2021

JACKSONVILLE, Fla., July 28, 2021 /PRNewswire-PRWeb/ -- Crowley Maritime Corporation's Solutions business unit has been awarded a multi-year, $638 million contract for Vessel Acquisition Management (VAM) by the U.S. Maritime Administration (MARAD).

Key Points: 
  • JACKSONVILLE, Fla., July 28, 2021 /PRNewswire-PRWeb/ -- Crowley Maritime Corporation's Solutions business unit has been awarded a multi-year, $638 million contract for Vessel Acquisition Management (VAM) by the U.S. Maritime Administration (MARAD).
  • Crowley's strategic acquisition and vessel management service will assist MARAD in the enhancement of the Ready Reserve Force (RRF), helping reduce the overall age of the fleet and increase ship reliability.
  • To carry out the contract, Crowley will use a new, proprietary information technology system to assess, research and make purchasing recommendations.
  • After ships enter the fleet, Crowley will maintain and operate the vessels on behalf of MARAD.

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.

Never Limited To Only Big Carriers With Marine Online

Retrieved on: 
Tuesday, July 27, 2021

SINGAPORE, July 27, 2021 /PRNewswire/ -- Ever since the Suez Canal blockage, the world supply chain today struggles with finding vessels for their consignments and exorbitant rates to secure space. However, cargo owners need not limit themselves to their existing network of vessels by their traditional practices of calling brokers.

Key Points: 
  • Marine Online is an effective platform for cargo owners to charter suitable vessels for their business needs.
  • Shipowners who are on the lookout for cargoes can also leverage Marine Online's network of cargo owners for the same purpose.
  • Above all, both ship and cargo owners enjoy both time and monetary savings through transacting with Marine Online's platform.
  • Shipowners can also leverage our network to source for cargo- especially those cargo owners who limit themselves to big carriers.

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.

Diana Shipping Inc. Announces the Acquisition of a Kamsarmax Dry Bulk Vessel

Retrieved on: 
Friday, July 16, 2021

The Company anticipates to take delivery of the vessel by the end of February 2022.

Key Points: 
  • The Company anticipates to take delivery of the vessel by the end of February 2022.
  • Excluding the newly acquired vessel and upon completion of the previously announced sale of one Panamax dry bulk vessel, the m/v Naias, Diana Shipping Inc.s fleet will consist of 36 dry bulk vessels (4 Newcastlemax, 12 Capesize, 5 Post-Panamax, 5 Kamsarmax and 10 Panamax).
  • 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.

Cunard Announces "Grand Escape Voyages," featuring more than 40 new Itineraries sailing from October 2021 through May 2022

Retrieved on: 
Wednesday, July 14, 2021

"We are excited about our Grand Escape Voyages, our full return to sailing," said Jamie Paiko, VP Sales, Cunard.

Key Points: 
  • "We are excited about our Grand Escape Voyages, our full return to sailing," said Jamie Paiko, VP Sales, Cunard.
  • "We are thrilled to announce our new 'Grand Escape Voyages,' as we celebrate Cunard's full return to sailing," said Jamie Paiko, Vice President of Sales, Cunard North America.
  • "These new itineraries will not disappoint our dedicated guests who have eagerly been waiting for the opportunity to sail on their favorite ship.
  • For more information about Cunard, or to book a voyage, contact yourTravel Advisor, call Cunard at 1-800-728-6273 or visit https://www.cunard.com/en-us/grand-escape-voyages .