Search Results for "how to buy ships"

Court says Hanjin Plan "Realistically Impossible"

September 21, 2016

The South Korean court overseeing Hanjin Shipping's receivership said a rehabilitation plan is "realistically impossible" if top priority debt such as backlogged charter fees exceed one trillion won (...

Another ZOMC World Record

By The Maritime Executive

September 21, 2016

ZPMC-OTL Marine Contractor Ltd. (ZOMC) is pleased to announce the successful transportation of the Ex-Machinist (AFDB-8), an 883ft x 174ft drydock on board M/V Zhen Hua 28. Upon signing of the contrac...

Tug and Barge Compliance Management Delivered With Helm CONNECT

By The Maritime Executive

September 20, 2016

Safety and Compliance solutions provider, Tug and Barge Solutions (TBS), announced its new working arrangement with Helm Operations. The arrangement allows TBS to deliver its safety and compliance man...

CMA CGM Sees Carrier Consolidation Ahead

September 20, 2016

CMA CGM will look at opportunities in container shipping triggered by the collapse of South Korea's Hanjin Shipping, the French group's vice chairman said on Tuesday. Hanjin, the world's seventh la...

Dubai's Gulf Navigation Reduces Debt

September 20, 2016

Dubai's Gulf Navigation Holding said on Tuesday it had reduced its debt from $36 million to $21 million and hopes to end a long-running dispute with creditors by consolidating all of its borrowing bef...

Larger Marine Animals Face Greater Extinction Risk

By The Maritime Executive

September 20, 2016

An unprecedented pattern of extinction in the oceans today that selectively targets large-bodied animals over smaller creatures is likely driven by human fishing, according to a new Stanford-led study...

LNG Bunkering Pontoon Developed

By The Maritime Executive

September 20, 2016

Titan LNG, a supplier of LNG to the marine and industrial markets in North West Europe, has developed an LNG bunkering pontoon designed to fuel both sea-going and river barges in ports in the ARA (Ams...

Hanjin Ordered to Sell Its Ships

By The Maritime Executive

September 20, 2016

Hanjin Shipping has to return chartered-in ships to owners and to sell as much of its own fleet as it can, a South Korean bankruptcy judge said Monday. Hanjin is still working on a restructuring p...

Heavy Lift Ship Arrives for Transocean Winner

By The Maritime Executive

September 20, 2016

On Tuesday evening, the 65,000 dwt heavy lift ship Hawk arrived in Broad Bay, Isle of Lewis in preparation for loading the damaged drilling rig Transocean Winner. The Winner ran aground on August...

Two More El Faro Families Accept Settlement

By The Maritime Executive

September 20, 2016

Two more families of the crewmembers of the lost con/ro El Faro have accepted a settlement package from the vessel's owner and operator, Tote Services and Tote Maritime Puerto Rico. The families o...

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