Costamare announces the acquisition of the York Capital Majority Interest in Five 14,000 TEU Containerships with Long Term Charters

Costamare announces the acquisition of the York Capital Majority Interest in Five 14,000 TEU Containerships with Long Term Charters

Costamare Inc. (NYSE: CMRE) announced today the acquisition of the 60% equity interest of York Capital in five 2016 - built 14,000 TEU containerships. The acquisition brings the Company’s ownership interest in …
Nov 19, 2018 /  Finance
Spanish ferry company Balearia begins LNG retrofit work on its first ferry of six, to be converted to LNG operation

Spanish ferry company Balearia begins LNG retrofit work on its first ferry of six, to be converted to LNG operation

Spanish ferry company Baleària has begun retrofitting its Nápoles ferry, the first of the company’s six ships to be converted to liquified natural gas (LNG) operation. The ferry arrived at the …
Nov 19, 2018 /  Vessels
Backpacking in Brazil: costs, sights and preparation

Backpacking in Brazil: costs, sights and preparation

When I think about Brazil, the first thing that comes to mind is football. Samba football, light-footedness and eye-catching technique, in the familiar bright yellow uniforms. But also the world-famous carnival …
Nov 19, 2018 /  Curious
SAIPEM 7000 semi-submersible at Damen Verolme Rotterdam for DPS upgrade

SAIPEM 7000 semi-submersible at Damen Verolme Rotterdam for DPS upgrade

The Saipem 7000, one of the largest semi-submersible crane and pipelaying vessels in the world, has arrived at Damen Verolme Rotterdam (DVR) for a major upgrade of its current DP3 system to meet the new closed ring DP3 …
Nov 19, 2018 /  Vessels
The world's most eco-friendly bulk carriers Viikki & Haaga now operating on the Baltic Sea

The world's most eco-friendly bulk carriers Viikki & Haaga now operating on the Baltic Sea

Тhe new bulk carriers Viikki and Haaga have started operating on the Baltic Sea. The 25,600-dwt vessels, 160 metres long and fuelled by liquefied natural gas, produces less than half of the carbon dioxide of previous …
Nov 19, 2018 /  Vessels
PaxOcean wins three newbuilding contracts from Royal IHC

PaxOcean wins three newbuilding contracts from Royal IHC

PaxOcean has won newbuilding contracts for the construction of a 2,300m3 trailing suction hopper dredger (TSHD) and two 3,500m3 split hopper vessels for Netherlands based Royal IHC. The vessels which will be constructed …
Nov 19, 2018 /  Vessels
NYK Develops Advance Water-in-Oil Alarm to Prevent Engine Trouble

NYK Develops Advance Water-in-Oil Alarm to Prevent Engine Trouble

As a part of initiatives utilizing big data, NYK and MTI Co. Ltd. have developed an advance alarm system (patent pending) that can detect anomalies on a real-time basis caused by water getting in lubricating oil. This …
Nov 19, 2018 /  Curious
Ocean Infinity locates the missing Argentinian submarine ASA San Juan

Ocean Infinity locates the missing Argentinian submarine ASA San Juan

Ocean Infinity, the seabed exploration company, confirms that it has found ARA San Juan, the Argentine Navy submarine which was lost on 15 November 2017. Caption: Offshore support vessel Seabed Constructor - Image …
Nov 19, 2018 /  Curious
Aqualis Offshore’s first rig inspection in Brazil

Aqualis Offshore’s first rig inspection in Brazil

Aqualis Offshore recently completed its first rig inspection in Brazil with its team of specialist engineers. The drilling rig had been off-hire for several years and the inspection highlighted the importance of …
Nov 19, 2018 /  Vessels
Ship Finance International Limited announces sale of older VLCC

Ship Finance International Limited announces sale of older VLCC

Ship Finance International Limited (NYSE: SFL) (Ship Finance) announces that it has agreed to sell the 2002-built VLCC Front Falcon to an unrelated third party. Caption: Crude Oil Tanker Front Falcon - Image …
Nov 19, 2018 /  Vessels