Finance & Economy
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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.
Stena Switches to Green Methanol Fuel
Sweden's Stena Line, says it is to become the first operator in the world to run a large 1,500 passenger ferry on methanol, drastically reducing emissions compared to today's standard fuel.
Golden Destiny Market Report (W46)
The orderbook of shipyards in Jiangsu Province in China stood at 1,189 vessels, or 69.68M dwt, as of the end of October, up 55.4% year on year, showed data released by the provincial authorities on Monday.
Greeks active in secondhand market (W47)
Lion Shipbrokers report three deals involving Greek players in the bulkers, tankers and containerships segments during week 47. Most notably, M/V "ACS DIAMOND" (53,299 dwt, blt 2005 New Century/China) sold to Greek buyers (hearing to clients of Stam Shipping or Spetses Shipping) for $10.5 million...
Firm freight rates could pressure W. Africa crude differentials
Surging freight costs in the West African Suezmax market, which have climbed to their highest levels in over six years this week, could add to the bearish pressure on crude differentials in the region, traders said.
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Christmas Comes Early for MRs
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Fearnleys Weekly (W47)
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Intermodal Weekly Market Report (W46)
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Gibson Weekly Tanker Report
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Fearnleys Weekly (W46)
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Finance & Economy