Four Crew Members on Hurtigruten Cruise Ship Hospitalized with COVID-19
Four crew members on a Norwegian cruise vessel were diagnosed with COVID-19 after it arrived at the Arctic port of Tromsoe early on Friday, said the University Hospital of North Norway where they are being treated.All 160 crew members on the Roald Amundsen have been quarantined on the ship, while the 177 passengers - all of whom have already disembarked - are being contacted by telephone and are being told to self-isolate…
Maritime Security: Failing to Prepare is Preparing to Fail
North America is historically one of the world’s safest regions for maritime transit and operations. Our data shows that of the 2,915 reported global maritime crime incidents that have occurred in the last decade, only nine of them took place in North America. This figure comes from a range of threats against both commercial, and pleasure craft vessels, primarily, attempted, or successful: attacks…
Burger Launches Tour Boat Chicago's Emerald Lady
Manitowoc, Wis. boat builder Burger Boat Company announced it has launched a new passenger vessel for Chicago’s First Lady Cruises. The 98-foot steel vessel, Chicago’s Emerald Lady, can serve up to 250 passengers and is designed by Mark Pudlo, Principal, Seacraft Design in Sturgeon Bay, Wis.
Sea Cloud's New Tall Ship is Taking Shape
Sea Cloud Cruises' third tall ship, Sea Cloud Spirit, is taking shape in Vigo, Spain. Interior outfitting is underway as specialists from the Polish shipbuilding company Chorén have erected the approximately 54-meter-high aft mast for the 138-meter-long, three-masted sailing ship due to enter service later this year. Raising the aft mast is an important prerequisite for the completion of the Sea Cloud Spirit…
Australia Bans Another Bulker Over Unpaid Wages
A Liberian-flagged bulk carrier has been banned from Australian ports for 12 months after authorities discovered that seafarers onboard were underpaid, had expired employment agreements and were requesting repatriation. The 93,229 dwt TW Hamburg is the second bulker to recently be banned from Australia for crew underpayment, following the Liberian-flagged Agia Sofia earlier this week.Australian Maritime…
Trafigura Offers COVID-19 Premium
Commodities trader Trafigura Beheer has become the first company to offer a defined Covid premium on an Asian syndicated loan, paying up to an extra 20bp all-in on its latest US$1bn-equivalent financing.The novel pricing structure is a first for Asia, if not globally, and could set a precedent for other price-sensitive borrowers looking to limit the long-term effects of the pandemic on their funding costs.Without the Covid premiums…
OHT's Alfa Lift Vessel to Install Dogger Bank A Wind Farm Foundations
Norway's Offshore Heavy Transports has won a contract to transport and install foundations for the first phase of Equinor's and SSE's Dogger Bank Wind Farm, Dogger Bank A, in the UK, using its foundation installation vessel Alfa Lift being built in China.To remind, OHT was in November 2019 selected as the preferred supplier for foundation installation at the Dogger Bank offshore wind farm, and it has now secured the firm contract for the Dogger Bank A.
Cyprus Gets EBRD Loan to Buy FSRU
The European Bank for Reconstruction and Development (EBRD) will provide an €80 million loan ($94,7 million), alongside EU and EIB financing, for a floating storage…
