CP Ships Closes on Purchase of Four Ice Strengthened Ships

Thursday, August 29, 2002
CP Ships Limited has closed on its purchase of four ice-strengthened containerships which were previously bareboat chartered. The closing price was $181.5 million. As previously announced, the purchase was paid for with proceeds from CP Ships' offering in July 2002 of 9.6 million common shares and private placement of $200 million of senior unsecured notes. The ships are Canmar Fortune and Canmar Courage which have operated in the CP Ships fleet since 1996 and Canmar Pride and Canmar Honour which joined the fleet in 1998.
Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Danny Broad Appointed to ARENA Board

The Chair, Board members and staff of the Australian Renewable Energy Agency (ARENA) are delighted to advise that Danny Broad has been appointed by the Australian Government to the Board of ARENA.

Monitoring U.S. Troops Returning from Ebola Mission

Secretary Hagel has signed an order that validated a recommendation from the Joint Chiefs of Staff to place all U.S. military service members returning from

Danaos Corp. 3Q & 9M Results

Danaos Corporation, a leading international owner of containerships, today reported unaudited results for the period ended September 30, 2014. Highlights for

Education/Training

WTO Publishes Annual Package of Trade and Tariff Data

The WTO released on 28 October 2014 new editions of its key statistical publications: International Trade Statistics, Trade Profiles, World Tariff Profiles and Services Profiles.

Wallem Adds Three Ship Simulators in Ukraine

The Wallem Maritime Training Center in Odessa, Ukraine added three training simulators: bridge simulator (Transas NT-PRO 5000 5.25), engine room simulator (Transas Techsim 5000 8.

BHP Billiton Commits $20 mi to Telethon Kids Institute

In the largest donation in Telethon history, BHP Billiton has committed $20 million over the next five years to the Telethon Kids Institute to improve the health

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Pipelines Pod Propulsion Ship Electronics Ship Simulators Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1594 sec (6 req/sec)