Search Results for "how to buy ships"

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Investment Firm KKR Sells Ocean Yield to A.P. Moller Holding

Investment Firm KKR Sells Ocean Yield to A.P. Moller Holding

The investment arm of the Maersk family, A.P. Moller Holding, is expanding its large portfolio of maritime investments, reporting it has agreed to buy Norway’s Ocean Yield, a large shipowner-lessor. A...

Court Gives Peru Oversight of Chinese-Built Port in Geopolitical Battle

Court Gives Peru Oversight of Chinese-Built Port in Geopolitical Battle

Against the backdrop of the geopolitical rivalry between China and the United States, a court in Peru reversed a previous decision and granted oversight of COSCO’s Chancay port to Peru’s regulators. T...

Germany Charges Ukrainian Officer With "War Crimes" for Nord Stream Attack

Germany Charges Ukrainian Officer With "War Crimes" for Nord Stream Attack

Prosecutors in Germany have formally charged a Ukrainian officer who they suspect of involvement in the 2022 attack on the Nord Stream pipeline system, which breached three out of four lines and cause...

Conditions Deteriorating for Hijacked Seafarers as Somalia Piracy Continues

Conditions Deteriorating for Hijacked Seafarers as Somalia Piracy Continues

The IMO released a statement highlighting the deteriorating conditions for three crews stuck in Somalia after their vessels were seized by pirates while calling for more action from the international...

Greece Questions Cruise Ship Captain After Lines Part and Passenger Falls

Greece Questions Cruise Ship Captain After Lines Part and Passenger Falls

Update: Norwegian Cruise Line issued a statement saying that the captain of its cruise ship was only required to make a statement and was not placed under arrest. The company said in a statement to Th...

France Fines and Releases Shadow Fleet Tanker Held for a Month

France Fines and Releases Shadow Fleet Tanker Held for a Month

French prosecutors and the Maritime Court in Brest accepted a plea deal, which will fine and release the shadow fleet tanker Tagor (114,809 dwt). The vessel was boarded by French troops on May 31 as i...

Ports Call for More Authority to Restrict Drones

Ports Call for More Authority to Restrict Drones

[By AAPA] Yesterday, the American Association of Port Authorities (AAPA) submitted comments to the Federal Aviation Administration (FAA) Office of Rulemaking in response to a Notice of Proposed Rul...

Two of "Putin's Yachts" Leave Russia, Bound for Turkey

Two of "Putin's Yachts" Leave Russia, Bound for Turkey

Two of the many superyachts linked to Russian President Vladimir Putin have departed their home country and gotten under way, signaling on AIS that they are headed for Turkey.  The 270-foot superya...

Everllence Expands Training Center in Augsburg

Everllence Expands Training Center in Augsburg

[By: Everllence] Everllence has unveiled the comprehensive expansion of the PrimeServ Academy at its Augsburg site. By increasing floor space from around 1,700 to approximately 3,000 square meters,...

Parker Towing Company Repowers M/V Syble Fay with Mitsubishi S12R  Engines

Parker Towing Company Repowers M/V Syble Fay with Mitsubishi S12R Engines

[By: Laborde Products] Parker Towing Company has completed the repower of the M/V Syble Fay at Verret Shipyard, replacing the vessel's Cummins QSK38 main engines with two Mitsubishi S12R Tier 3 eng...