Shipping
German Shipowners welcome LNG investments
(Posted on 07/10/20)“As one of the world’s major shipping nations, Germany needs an LNG infrastructure for its shipping industry to prepare for the upcoming energy transformation,” says Ralf Nagel, Chief Executive Officer of the German Shipowners’ Association (Verband Deutscher Reeder, VDR). “That’s why we welcome...
Thome and Carsten Rehder agree JV
(Posted on 07/10/20)The Thome Group and Carsten Rehder have agreed to cooperate in a joint venture.Under the agreement, a new company will be set up to take over the ship management of Carsten Rehder’s owned and managed fleet of mainly dry bulk, container and multi-purpose vessels.The new company is to be called Thome Shipmanagement Germany GmbH...
IRClass marks 10 years IACS membership
(Posted on 07/10/20)This year, the Indian Register of Shipping (IRClass) marks 10 years of full membership of the International Association of Classification Societies. Having been an associate member since 1991, IRClass became a full member in 2010 and has actively participated and contributed within IACS throughout the years.During its membership...
Britannia retains its ‘A’ (stable) rating
(Posted on 07/10/20)Britannia P&I Club’s overall credit rating has once again been confirmed as ‘A’ (stable) by S&P Global Ratings, the world’s leading independent credit ratings provider. S&P added that Britannia’s outlook remains stable over the next two years, based on its view that the Club’s current...
ICS updates COVID-19 guidance
(Posted on 02/10/20)A great deal has changed since March, when the International Chamber of Shipping (ICS) first issued guidance for the global shipping industry to help combat the spread of COVID-19. The entire world has been affected, seeing 32 million cases and around one million deaths globally*. Whilst deaths, and indeed infection rates on ships...
New direction for Scorpio Bulkers
(Posted on 01/10/20)Scorpio Bulkers, Inc. has announced that the Company has entered into an agreement with an unaffiliated third party to sell the SBI Rock, a 2016 built non-scrubber-fitted Kamsarmax vessel, for a price slightly in excess of $18 million. Delivery of the vessel is expected to take place in the fourth quarter of 2020. The sale is expected...
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