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Shipping

Damen Shiprepair Curaçao welcomes Royals

Damen Shiprepair Curaçao welcomes Royals

(Posted on 04/07/18)

His Royal Highness King Willem-Alexander and Her Royal Highness Queen Máxima have visited Damen Shiprepair Curaçao.The Royal couple arrived by boat together with Damen Shiprepair & Conversion Managing Director Durk-Jan Nederlof. Before disembarking, they viewed the yard’s two new floating docks that will...

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IMO releases circular for use of ε-ORB software on Liberian flagged ships

(Posted on 04/07/18)

The IMO, in accordance with the provisions of Article 11 of MARPOL, has circulated details of the Liberian Government’s letter confirming that it has approved the use of Prevention at Sea’s Oil Record Book software, called the ε-ORB, on all Liberian registered vessels as an alternative to the traditional hard...

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Easy does it says Swedish Club

(Posted on 04/07/18)

The Swedish Club has warned that vessel operators should always look to the long term, when specifying the type of engines to be installed across the fleet. Latest statistics from the Club show that vessels propelled by medium/high speed engines have a claims frequency 2.5 times higher than slow speed engines, with an average claims...

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Shipping launches new security resources for world fleet

(Posted on 04/07/18)

International shipping industry organisations, with military support, have launched a new website dedicated to providing comprehensive maritime security guidance to companies and mariners. Launched today, the new website www.maritimeglobalsecurity.org provides security-related guidance produced by the industry as well as links to...

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PISR appoints Verifavia to provide IMO DCS verification

(Posted on 04/07/18)

Palau International Ship Registry (PISR) has signed an agreement with VERIFAVIA (UK) LTD and VERIFAVIA SARL to act as independent verifiers and to conduct IMO DCS verification services for the registry’s worldwide fleet.Verifavia is a worldwide environmental verification, certification and auditing body for aviation and maritime...

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Pacific Basin’s US$325 million revolving credit facility

Pacific Basin’s US$325 million revolving credit facility

(Posted on 27/06/18)

 Hong Kong based Pacific Basin Shipping, one of the world’s leading owners and operators of modern Handysize and Supramax dry bulk vessels, has this week closed a US$325 million 7-year reducing revolving credit facility secured over 50 of the Company’s owned ships. The move follows improvements in the market for...

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