Shipping News

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

Lion Shipbrokers report tanker vessel M/V "ARIADNI" (166,092 dwt, blt 2009, Hyundai Samho/South Korea, LR, B+W 6S70MC-C) sold to Greek buyers (clients of Delta Tankers) for $55 million during Week 17...
Iran’s seizure of the Marshall Islands’ flagged Maersk Tigris cargo ship has lead to important discussions about the United States’ legal responsibilities to respond, under treaties with its one-time trust territory and current protectorate.
Panama’s Cabinet Council has approved a new toll structure for vessels transiting the Panama Canal effective April 2016, in line with when commercial operations at the expanded waterway are set to begin.
The worst start to a year for ships hauling iron ore since at least 2000 has gotten so bad that rates no longer cover crew costs. Now for the bad news...

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