Edda Wind announced it has entered into a green term loan facility agreement for the pre- and postdelivery financing of four new commissioning service operation vessels (CSOV) under construction at Vard.The agreement is a €161 million green…
Edda Wind Secures Green Financing for Newbuild Program Read More »
Norwegian ship designer and builder Vard on Friday announced it has signed a contract to construct a cable laying vessel for an undisclosed customer. The value of the contract is between EUR 200 – 250 million.The vessel is designed by Norwegian company…
Vard Confirms Cable Layer Order Read More »
Danish shipping company A.P. Moller-Maersk will pause all container shipments through the Red Sea until further notice, a spokesperson for the company told Reuters on Friday.”Following the near-miss incident involving Maersk Gibraltar yesterday and yet…
Maersk to Pause All Container Ship Traffic Through the Red Sea Read More »
Major container lines take drastic measures following spate of incidents
Maersk and Hapag-Lloyd to avoid Red Sea after surge in attacks Read More »
Some ships are moving south to the Cape of Good Hope, but it is unclear how many
Israeli ‘linked’ ships still bearing the brunt of Red Sea security concerns Read More »