Arab Maritime Seeks $120-M Loan For New Tankers

Monday, July 26, 1999
Arab Maritime Petroleum Transport Co. is reportedly raising $120 million to partly finance new tankers for its fleet and to help refinance existing loans, bankers said on Sunday.

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Bulk Carrier Trends

Deltamarin to Designs First LNG Handysize Bulk Carriers

Deltamarin Ltd proudly announces that it has signed a contract to design the world’s first LNG handysize bulk carriers, which will point the way towards greener shipping of commodities.

Idling Fleet Continues to Surge

Owners are rapidly laying up containerships as the market slows. The size of the idle fleet will get bigger while rates and profits slide, says Drewry Shipping Consultants Limited.

Port of Bronka Prepares for Opening

Technical plant and equipment installation for the first stage of Bronka’s port facilities is now complete with the Liebherr LHM 800 mobile port crane installed at the end of September,

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