Author Archives: ShippingHerald

Author Archives: ShippingHerald

seaspan

September 20, 2019

Seaspan announced the closing of a $500 million increase to its portfolio financing program. (more…)
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GSL

September 20, 2019

Global Ship Lease announced that it has agreed a new syndicated $268 million senior secured credit facility comprised of two tranches with major commercial lenders...
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Dynagas LNG Partners

September 20, 2019

Dynagas LNG Partners LP, an international owner and operator of liquefied natural gas (LNG) carriers, announced that it has entered into definitive documentation with leading...
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ships

September 20, 2019

The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, fell for the 11th consecutive session on Thursday, marking its...
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FILE PHOTO: A Cosco Shipping vessel is moored at PSA's Pasir Panjang container terminal in Singapore September 19, 2018.  REUTERS/Edgar Su/File Photo

September 20, 2019

On 18 September 2019, the Company (as seller) entered into the Longtan Share Purchase Agreement, Yuanyang Share Purchase Agreement and Zhangjiagang Share Purchase Agreement with...
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shell-agrees-long-term-charters-for-14-new-lng-fueled-tankers

September 20, 2019

Royal Dutch Shell has loaded the first cargo of low-sulphur fuel oil (LSFO) from its Pulau Bukom refining site in Singapore, it said on Thursday....
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Long-Range-Tanker

September 19, 2019

Demand drivers and freight rates: Rising geo-political tensions have led to disruptions to the tanker shipping industry and all other ships trading in the Persian...
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frontline

September 19, 2019

Frontline has decided not to buy four more tankers from the subsidiary of Trafigura. (more…)
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Shell_Qatar

September 19, 2019

Qatar Petroleum and Shell agreed on Wednesday to establish a partnership to accelerate the development of liquified natural gas (LNG) fuelling infrastructure around the world....
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ULCV

September 19, 2019

A wave of ULCV deliveries this year has pushed the total containership fleet capacity over the 23m teu mark, with the last million slots added...
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LNG

September 19, 2019

The next wave of U.S. liquefied natural gas (LNG) export projects will be “tougher” to bring online, as companies with existing facilities take advantage of...
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bulker

September 19, 2019

BIMCO expects the fundamental market balance to deteriorate in 2019 which will do nothing to improve freight rates as the 2020 sulphur cap nears. (more…)
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ships

September 19, 2019

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, slipped for the tenth successive time on Wednesday as...
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costamare-triton

September 19, 2019

Costamare Inc.'s Neopanamax containership "Triton" has become the largest vessel to ever sail through the Panama Canal after its expansion in 2016. (more…)
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HHI_Credit_Bloomberg

September 18, 2019

International Maritime Industries (IMI) announced today they had signed a Vessel Purchase Agreement (VPA) with Bahri, a global leader in logistics and transportation and a...
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