Search Results for "how to buy ships"

ShipMoney & S5 Agency World Sign Strategic Development Agreement

By The Maritime Executive

March 12, 2021

Maritime Payment Solutions, LLC (d/b/a ShipMoney), a global leader in maritime payment solutions, has signed a strategic business development agreement with S5 Agency World, one of the largest interna...

15 Seafarers Kidnapped from Chemical Tanker in Gulf of Guinea

By The Maritime Executive

March 12, 2021

After a seeming lull in activity in the Gulf of Guinea, security services are reporting that a Maltese-flagged chemical tanker was boarding on March 11 and 15 crew members were kidnapped. Regional sec...

Shell Charters 10 New LNG-Fueled Oil Tankers

By The Maritime Executive

March 11, 2021

Royal Dutch Shell has reached an agreement with three shipowners to build and charter a total of 10 dual fuel LNG-powered very large crude carriers, with the first entering into operation in 2022. All...

BIMCO: Second-Hand Prices for Crude Oil Tanker Stalls Demolitions

By The Maritime Executive

March 11, 2021

Despite low freight rates, very few crude oil tankers have been sent for demolition so far this year. In a new analysis of market trends, BIMCO reports that it expects shipowners will continue to seek...

UK Invests in Two New Ports for Offshore Wind Component Manufacturing

By The Maritime Executive

March 11, 2021

The UK Government announced plans to invest nearly $133 million for two new offshore wind ports to build the component for the country’s growing number of projects. These investments are part of Prime...

Video: Another Volgo-Balt Freighter Sinks, Leaving Two Dead

By The Maritime Executive

March 11, 2021

Two seafarers are dead and one is missing after another Volgo-Balt class coastal freighter sank in the Black Sea. It is the third sinking involving a vessel of this Soviet-era class in as many years,...

Port of Long Beach Sets 110-Year Record in February

By The Maritime Executive

March 11, 2021

Continuing the trend of monthly records, the Port of Long Beach reported the busiest February in its 110-year history. The port achieved several new records with the outlook for volumes and traffic re...

Former GDMA Manager Extradited for Defrauding U.S. Navy

By The Maritime Executive

March 11, 2021

The U.S. Department of Justice has extradited and charged a Thai national who worked for Glenn Defense Marine Asia (GDMA) for allegedly submitting false claims for payment to the U.S. Navy. Pornpu...

UK Court: Shipbreaking Fatality Suit May Proceed

By The Maritime Executive

March 11, 2021

Britain's Court of Appeals has given the green light for the widow of a Bangladeshi shipbreaking worker to sue Maran (UK) Ltd., the former owner of the tanker Maran Centaurus, in connection with her h...

Crystal to Launch First North American Large Ship Cruises Since COVID

By The Maritime Executive

March 11, 2021

Crystal Cruises announced definitive plans to resume service on the first of its large, ocean-going cruise ships which may also become the first large cruise ship to return to service in North America...

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