SEACOR Marine orders two new PSVs in China
Houston-headquartered SEACOR Marine Holdings Inc. (NYSE: SMHI) reports that it has entered into a new senior secured term loan of up to $391.0 million with an affiliate of EnTrust Global and separate
New Meghna Group LPG carrier will have Wärtsilä cargo handling system
A new fully-pressurized LPG carrier being built for Meghna Fresh LPG, part of the Dhaka, Bangladesh-headquartered Meghna Group of Industries, will have a Wärtsilä Gas Solutions cargo handling system. The group is
UK P&I Club names Richard Offord new chief executive of its Singapore branch
The UK P&I Club has appointed Richard Offord as the new chief executive of its Singapore branch, where he will replace Yiah Soon Ng (YS), who retires Dec.1 after leading the Singapore
CIP moves ammonia fueling (and bunkering) forward
CIP (Copenhagen Infrastructure Partners) is probably best known to Marine Log readers for its 50% stake in Vineyard Wind, but the Danish-headquartered funds manager is involved in many other areas of the
Katharina Stanzel steps down as INTERTANKO managing director
Following a recent meeting of its council of members, INTERTANKO, the International Association of Independent Tanker Owners, announced a leadership transition that sees Katharina Stanzel stepping down as managing director from Jan.
Vard Electro delivers SeaQ Communication for Ulstein CSOV duo
To meet tight construction schedules, complex shipbuilding projects demand efficient system integration and commissioning from suppliers. Fincantieri group member Vard’s marine electrical specialist Vard Electro recently demonstrated its competence in this area
PPG wins 50th order for electrostatic application of antifouling
PPG (NYSE: PPG) has won its 50th order for the electrostatic application of marine fouling control coatings. The project will be carried out on the VLCC Sidr a 336-meter oil tanker operated
A historic moment for ferry transport in Africa
By Roberta Weisbrod, Executive Director at Worldwide Ferry Safety Association Last month in Marrakech, a city in Morocco, something extraordinary unfolded. Interferry’s 48th annual conference marked a significant milestone as it was
Maritime Partners secures new $750M “warehouse” financing facility
Metairie, La.- headquartered Maritime Partners LLC reports that it has successfully closed on a $750 million, first-of-its-kind warehouse facility, which will be collateralized by three wholly owned business lines within one of
Op-Ed: Shipping must innovate for a seamless fuel transition
By Johannes Schurmann, commercial director, FincoEnergies (GoodFuels) Shipping is currently at a critical juncture, as it continues its transition to sustainable fuel. Decarbonization by 2050 is now the target, set by the