Exmar Terminates Time Charters

Friday, September 15, 2006
EXMAR has signed an agreement to terminate the time charter contracts of the three 10,500 m³ Ethylene carriers (Polar Discovery, Polar Belgica and Polar Endurance) both with Eitzen, as Charterers, and the Japanese Owners. This transaction will generate a profit of about USD 11 million and the completion will take place prior to the end of October 2006. Half

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

China Shipbuilding Plans Major Restructuring

State-owned China Shipbuilding Industry Corp (CSIC) is undertaking a major restructuring as it grapples with an industry downturn, and it will be the largest restructuring

DSME Reveals Additional Self-Restructuring Plan

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has  revealed an additional self-restructuring plan amid the falling shipbuilding orders.

Sovcomflot IPO Soon

The long-awaited initial public offering (IPO) of Sovcomflot, which runs one of the world’s largest tanker and gas carrier fleets, has moved a step closer.    Economy

Dredging

Canada Invests $289 Mln in Harbor Improvements

Hunter Tootoo, Minister of Fisheries, Oceans and the Canadian Coast Guard announced that the Government of Canada is investing $289 million in small craft harbors across the country in 2016-2017.

Flaws Hinder US Harbor Maintenance Fund -Report

There exist serious flaws in U.S. infrastructure funding practices that hinder the maintenance and improvement of American ports and harbors, according to a new report,

DSC Dredge Launches New Website

DSC Dredge, LLC, announced it has launched a new website, www.dscdredge.com, featuring a updated look, improved navigation and enhanced functionality.    DSC

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | 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: 0.0756 sec (13 req/sec)