Top Ships enters $92.5m leaseback deal
Athens-based tanker owner plans to sell two newbuilds to an unnamed Chinese leasing company and then charter them back for three years.
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Maritime News
Shipbuilding: Sovcomflot Orders Two LNG-Fueled Tankers
Though the tanker market has been a global maritime laggard in 2018, with overcapacity cited as the chief culprit, apparently it could not dissuade PAO Sovcomflot (SCF Group) from inking a deal wih Rosneft, Zvezda Shipbuilding Complex and VEB Group for…
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Sovcomflot and ABB Open Training Center in Russia
The new Vessel Electric Propulsion Training Center at the Admiral Nevelskoy Maritime State University in Russia will help to prepare seafarers for work on vessels equipped with Azipod propulsion systemsThe center will be used to train MSUN cadets…
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Bouchard orders sister tug
New York-based tugboat owner orders articulated tug barge with option for second vessel from VT Halter Marine.
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New Plastic Pipe Seals for Aluminum Structures
The increasing use of aluminum structures in shipbuilding is based on requirements for lower weight, reduced fuel consumption and higher speeds. Ships and vessels constructed of aluminum are also likely to ensure lower costs for lifecycle maintenance…
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