Containerships’ third and fourth LNG-powered vessels christened

Containerships’ third and fourth LNG-powered vessels christened

Containerships’ third and fourth LNG-powered vessels were christened last week at the Wenchong Shipyard, China. The vessels received names M/S Containerships Finn and M/S Containerships Balt, honouring …
Oct 8, 2018 /  Vessels
Hyundai Merchant Marine places 3.15 tln-won ship order with 3 shipbuilders

Hyundai Merchant Marine places 3.15 tln-won ship order with 3 shipbuilders

Hyundai Merchant Marine Co. said Friday it has placed 3.15 trillion won (US$2.84 billion) worth of container ship orders with the country's three major shipbuilders to expand its fleet. Caption: In this photo …
Oct 1, 2018 /  Curious
Pasha Hawaii Celebrates Steel Cutting for M/V George III at Keppel AmFELS

Pasha Hawaii Celebrates Steel Cutting for M/V George III at Keppel AmFELS

Honolulu, HI-based Pasha Hawaii yesterday announced that the first steel plates have been cut for the M/V George III, the first of two Liquefied Natural Gas (“LNG”) fueled containerships being built at …
Sep 26, 2018 /  Vessels
Seaspan To Increase Its Pool Of Unencumbered Assets To 18 Vessels

Seaspan To Increase Its Pool Of Unencumbered Assets To 18 Vessels

Seaspan Corporation (Seaspan) (NYSE:SSW) announced that it has prepaid two credit facilities which were secured by six of its vessels. Upon completion of the collateral release documentation, this will expand …
Sep 17, 2018 /  Finance
Global Ship Lease Secures $65 Million Growth Facility for Fleet Expansion

Global Ship Lease Secures $65 Million Growth Facility for Fleet Expansion

Global Ship Lease, Inc. (NYSE:GSL), a containership charter owner, announced yesterday that the Company had entered into a $65.0 million credit facility with funds associated with Hayfin Capital Management and Breakwater …
Sep 11, 2018 /  Finance
Yang Ming Orders Ten 2,800 TEU Containerships

Yang Ming Orders Ten 2,800 TEU Containerships

On 15th August, 2018 Yang Ming Marine Transport Corp. (Yang Ming) signed a contract with CSBC CORPORATION, TAIWAN (CSBC) for the construction of a total of ten 2,800 TEU class full container vessels. The contract was …
Aug 16, 2018 /  Vessels
Diana Containerships signs time charter contract for mv Pamina with HMM

Diana Containerships signs time charter contract for mv Pamina with HMM

Diana Containerships Inc. (NASDAQ: DCIX), a global shipping company specializing in the ownership of containerships, yesterday announced that, through a separate wholly-owned subsidiary, it has entered into a time …
Aug 10, 2018 /  Vessels
Diana Containerships announces completion of sale of a Post-Panamax container vessel

Diana Containerships announces completion of sale of a Post-Panamax container vessel

Diana Containerships Inc. (NASDAQ: DCIX), a global shipping company specializing in the ownership of containerships, Tuesday announced that it has completed the previously announced sale of one of its Post-Panamax …
Jul 25, 2018 /  Vessels
Diana Shipping Inc. Announces the Full Repayment of the Loan to Diana Containerships Inc.

Diana Shipping Inc. Announces the Full Repayment of the Loan to Diana Containerships Inc.

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership of dry bulk vessels, Tuesday announced that on July 23, 2018, it received the full and final repayment of the loan to Diana …
Jul 25, 2018 /  Finance
Navis to Equip Six River Box Ships with MACS3 Loading Computer

Navis to Equip Six River Box Ships with MACS3 Loading Computer

Navis, the provider of the industry standard for loading computers for container vessels, has been selected to equip six 1,900 TEU fully cellular, gearless container vessels with MACS3 loading computers, currently being …
Jul 19, 2018 /  Curious