November 29th, 20190China’s CDB Leasing has acquired 9,400 teu boxship pair MSC Elma (built 2016) and MSC Romane (2017) from HNA Group’s SinoOceanic Shipping. CDB has paid $172.78m for the vessels, which will be leased to Conglomerate Maritime Limited, a Guernsey company that is affiliated with MSC. The lease period is 12 years. MSC’s fleet...
November 27th, 20192Mediterranean Shipping Company (MSC), the world’s second largest containerline , has made its position clear on LNG as a fuel. Unlike its French rival CMA CGM, MSC believes there is not enough infrastructure around the world to support LNG fuelled ships at present. MSC is the largest investor in exhaust scrubbers among all liners...
November 21st, 20190Proman Stena Bulk, the joint venture formed last month by Switzerland’s Proman Shipping and Sweden’s Stena Bulk, has signed contracts with Chinese yard Guangzhou Shipyard International (GSI) to build two 49,900dwt IMOIIMeMAX methanol-ready tankers. The vessels, which are due for delivery in 2022, will have dual-fuel engines and...
November 21st, 20190Greek owner Diana Shipping has agreed an extension with Cargill International for the time charter contract for 2012-built post-panamax bulker . The new charter has commenced this month and is for a period of 11-13 months at a rate of $11,000 per day. Cargill was previously paying $16,000 per day for the vessel. Diana Shipping says...
November 19th, 20190MSC has announced that Soren Toft will join the company as the new chief executive officer of its containers and logistics business, confirming speculation stemming from Toft’s sudden departure from Maersk last week. "MSC is delighted that Mr Toft will be supporting the Aponte family at the helm to ensure that the company...
November 12th, 20190Lugano-based dry bulk specialist Nova Marine Carriers has announced the opening of a new branch office with a dedicated grain desk in Geneva, Switzerland. Vincenzo Romeo, CEO of Nova Marine Carriers, explained to Splash the move, saying: “We have decided to move our freight trader Cedric Lopresti from Lugano in order to have him...
October 18th, 20191Offshore drilling rig operator Transocean has clinched new contracts for a drillship and two semi-submersible rigs. The 1990-built drilling rig Paul B. Loyd. Jr has been awarded a 255 day contract by Hurricane Energy in the UK North Sea, commencing from April 2020. The 2000-built drilling rig Deepwater Nautilus was awarded a 45 day...
October 16th, 20190Mediterranean Shipping Company (MSC) has signed shipbuilding contracts with South Korean yard Daewoo Shipbuilding & Marine Engineering (DSME) for the construction of five 23,000 teu mega boxships for around $762m in total. The latest order is an option exercised by MSC as part of a 11-ship order made by the company back in...
October 4th, 20190Switzerland's Proman Shipping and Sweden's Stena Bulk have formed a new joint venture, called Proman Stena Bulk, which will own and operate tankers using methanol as a fuel. The 50-50 joint venue will initially bring in two IMOIIMAX MR methanol-powered tankers on long-term time charters. David Cassidy, chief executive of Proman,...
October 3rd, 20190Transocean has announced that is has deployed the world’s first hybrid energy storage system aboard a floating drilling unit. The system is now operational on 2009-built semi-submersible rig , currently operating at the Snorre field in Norway for Equinor. Transocean’s hybrid power technology reduces fuel consumption and captures...
