Euronav NV Gets $1.6B Bank Facility
Euronav NV signed a $1.6 billion senior secured credit facility with Nordea and DnB NOR acting as lead arrangers, Nordea as sole bookrunner and facility agent and Calyon…
Hansa Hamburg’s MS Reinbek Christened
A new 1,600 TEU containership built for Hamburg-based issuing house Hansa Hamburg Shipping was christened the MS Reinbek at a special ceremony at the Port of Hamburg's Überseebrücke terminal.
Kvaerner, OSG In 10 Jones Act Ship Deal
Kvaerner ASA and Overseas Shipholding Group, Inc. signed an agreement in principle in which Kvaerner Philadelphia Shipyard, Inc. subsidiary which will bareboat charter…
EU Adopts Marine Fuel Directive
The European Commission welcomes today's positive second-reading vote by the European Parliament on a new marine fuel Directive. With this vote, the EU has finalised…
Foss Spill Costs $5M
Foss Maritime Co., which was responsible for a December 2003 oil spill that fouled shorelines in Snohomish and Kitsap counties, will pay nearly $577,000 in state penalties…
$8.1B USCG Budget Approved
Legislation that authorizes $8.1 billion in Fiscal Year 2006 for the U.S. Coast Guard’s maritime strategy for homeland security, core mission performance and operational…
Petronas-Shell Makes Fourth Discovery
CS Mutiara Petroleum Sdn Bhd, a 50/50 joint venture company between PETRONAS Carigali Sdn Bhd and Shell Exploration and Production Malaysia B.V., has made another gas discovery in Block PM301…
Damen Delivers Crew Boat
After successful seatrials at the shipyard in Gorinchem, Damen have delivered the first of three new Crew Boats to Kanoo Marine (a division of Kanoo Shipping Agencies).
