Golar Secures FSRU Golar Tundra Financing
Golar LNG Limited announced today that it has received an underwritten financing commitment for the December 2015 delivering newbuild FSRU Golar Tundra. Based on the current cost of the Tundra, the facility of up to $216 million, to be provided by China Merchants Bank Leasing, has a 16 year amortisation profile, will fund the FSRU on a charter free basis, and, at current 10 year interest rate swap levels, will have an all-in cost of less than 6%.
UK Shipbroker Victim of Dubai Fraud
UK headquartered shipbroker Century Marine Services has been the victim of a sophisticated fraud by a Dubai based firm calling itself Matin Marine Services. Despite having no business relationship with Century Marine Services, Matin Marine Services has been passing itself off as connected with Century Marine Services by hacking the company’s website.The Dubai police authorities have been informed.
GTT, Cryovision Install SloShield on GasLog Singapore
GTT, the world leader in the design of membrane containment systems for the maritime transportation and storage of LNG (Liquefied Natural Gas), announces that it has completed, with its partner Cryovision, the first installation of its innovative sloshing monitoring system, SloShield. The SloShield solution was designed to monitor impacts caused by sloshing of the liquid cargo. It provides the crew with real time information.
Human Factor Competencies for Future Mariner
Capt Pradeep Chawla, Managing Director QHSE & Training, Anglo-Eastern Ship Management Ltd., Presented a paper at the Nautical Institute Hong Kong Branch Seminar – “Competencies of a Future Mariner” on 23 October 2015. This paper discusses the changes that are taking place in the maritime industry and their effects on the daily life of the seafarers. It further discusses the human factor competencies that will be essential for the future mariner.