Netherlands-based Vroon Group reports that it has reached a preliminary agreement on debt restructuring that will see its lenders become its majority shareholders. “For several years Vroon has been in discussions with
Putting the long in “long term,” Singapore-based NYK Shipmanagement has signed a 13-year optimized maintenance agreement with Wärtsilä. The contract is designed to ensure maximum uptime and equipment reliability, with assured maintenance
States in the Gulf of Guinea region must take responsibility and step-up prosecution efforts when pirates are apprehended by international navies, said BIMCO today. The statement came following the release of three
Sun Feng has become the new chairman and president of China Classification Society (CCS), succeeding Mo Jianhui who has retired, while while Cai Yanxian becomes one of four vice presidents, replacing Zhu
The Britannia P&I club reports that Marcela Pizzaro has joined the staff of its exclusive correspondent in the U.S., B Americas P&I. Led by director Mike Unger, B Americas is based in
When damage to propellers occurs due to impact with ice and other debris, underwater repair specialist Hydrex offers its in-house developed cold straightening technique as the answer. By taking advantage of the
Maroussi, Greece, headquartered Pyxis Tankers Inc. (NASDAQ: PXS) has agreed to sell the Northsea Alpha and Northsea Beta, two 2010 built 8,600 dwt product tankers for an aggregate sale price of $8.9
The Centers for Disease Control and Prevention has raised its COVID-19 Travel Health Notice level for cruising from Level 3 to Level 4, the highest level. The CDC says this reflects increases
FueLNG reports that it carried out over 460 LNG fueling operations in Singapore in 2021. These included ship-to-ship (STS) and truck-to-ship bunkering, and truck-to-industry operations. The company, which is a joint venture
Royal Caribbean Group has become the first major cruise ship operator to release a statement on the impact of the Omicron coronavirus on its business—and on the number of cases reported aboard