Shipping News
5/3/2014

Louis: Extension of charter parties for “Thomson Majesty” and “Thomson Spirit”


Louis plc announces the extension of the charter of its two cruise vessels “Thomson Majesty” and “Thomson Spirit” to Thomson Cruises, part of TUI Travel plc, until November 2017.

The two vessels had been chartered to Thomson Cruises, until the end of 2014. The chartering of Louis plc vessels to Thomson Cruises started back in 1996 and this extension demonstrates the long, strategic and successful relationship between the two companies.

This deal is a further confirmation of the trust that the biggest and most reputable international leisure travel companies like TUI Travel plc place in Louis plc.


Shipping News

Greek Economy Minister Giorgos Stathakis and Alternate Ministers for Shipping and Finance, Theodore Dritsas and Tryfon Alexiadis respectively, met on Thursday with the President of the Union of Greek Shipowners, Theodore Veniamis and Union vice President Michalis Chandris.



The U.S. Senate Energy Committee narrowly passed a bill to lift a 40-year-old ban on the export of crude oil, but the measure faces an uphill battle in getting passed by the full Senate.
Freight rates for capesize bulk carriers are likely to take a breather and drift lower after climbing to their highest level in nearly eight months this week following bad weather delays and charterers’ need for urgent tonnage, ship brokers said.
Brazilian mining company Vale SA said on Thursday that it expects to receive $448 million from the sale of four dry-bulk iron ore ships to China’s state-owned China Merchants Energy Shipping Co in September.




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