Genco closes $460m credit facility
Facility, which was 40% oversubscribed, will let the US-listed drybulker owner issue dividends, pursue growth opportunities.
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Maritime News
Globecomm Boosts Presence in Greece and Cyprus
Maritime connectivity services provider Globecomm has appointed J&E Papadopoulos as its new representative to the Greece and Cyprus shipping markets.J&E Papadopoulos will provide sales and marketing services locally as well as pre- and post-sales suppo…
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PDVSA Raises Prospect of Force Majeure on Oil Exports
OPEC member Venezuela has raised the prospect of declaring force majeure on contracts with major crude buyers amid plummeting output from its oil fields and tanker bottlenecks at ports, according to three sources familiar with the matter.Falling…
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Famous Crab Fishing Boat Gets a New Crane
Captain Sig Hansen has been fishing crabs in Alaska aboard the F/V Northwestern for more than 30 years. In 2005, Discovery Channel aired the documentary TV show “Deadliest Catch”, which portrays real life aboard fishing vessels in the Bering Sea.
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Shell Launches New Engine Oil for Tugs and Fishing Vessels
Shell Marine is launching Shell Marine 40, an engine oil for use in high-speed diesel engines in the fishing and tug boat segments.Shell Marine 40 has been formulated to react to the combustion processes that take place in high-speed engines…
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