Manitowoc, Wis. boat builder Burger Boat Company announced it has launched a new passenger vessel for Chicago’s First Lady Cruises. The 98-foot steel vessel, Chicago’s Emerald Lady, can serve up to 250 passengers and is designed by Mark Pudlo, Principa…
Burger Launches Tour Boat Chicago’s Emerald Lady Read More »
Sea Cloud Cruises’ third tall ship, Sea Cloud Spirit, is taking shape in Vigo, Spain. Interior outfitting is underway as specialists from the Polish shipbuilding company Chorén have erected the approximately 54-meter-high aft mast for the 138-meter-lon…
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A Liberian-flagged bulk carrier has been banned from Australian ports for 12 months after authorities discovered that seafarers onboard were underpaid, had expired employment agreements and were requesting repatriation. The 93,229 dwt TW Hamburg…
Australia Bans Another Bulker Over Unpaid Wages Read More »
Commodities trader Trafigura Beheer has become the first company to offer a defined Covid premium on an Asian syndicated loan, paying up to an extra 20bp all-in on its latest US$1bn-equivalent financing.The novel pricing structure is a first for Asia…
Trafigura Offers COVID-19 Premium Read More »
The potential for a successful claim means that shipowners need to be vigilant in their ship recycling policies, according to…
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Ship breaking case turns spotlight on owners Read More »