MarAd Announces Closing Date for M&R Reimbursement

Thursday, January 03, 2008
The Maritime Administration (MARAD) issued a notice stating that the closing date for filing applications to enroll in the Maintenance and Repair Reimbursement Pilot Program has been extended to February 15. This reimbursement program is for entities that are awarded a Maritime Security Program (MSP) agreement. 73 Fed. Reg. 538 (HK Law)

Finance

Meyer Turku Continues Shipyard Investments

Meyer Turku shipyard  has further enlarged it’s investment package with a new 75 million euro steel storage and pretreatment facility. This is already a third large

Carriers have Withdrawn Extremely Low Spot Market Freight Rates - Drewry

Drewry’s Global Freight Rate Index, a weighted average of spot container freight rates across all major routes except intra-Asia, swung back in July by 13% to reach $1,403 per 40ft box.

Hapag-Lloyd Cruises Orders Two Vessels

TUI Group, the world’s number one tourism group, will invest in two new-builds for its Hamburg-based subsidiary Hapag-Lloyd Cruises. The two, new, 5-star expedition

 
 
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