Global law firm Norton Rose Fulbright has advised BNP Paribas, Cassa Depositi e Prestiti, a syndicate of lenders and SACE on the partial financing of four new cruise vessels for Viking Ocean Cruises. The financing consists of four export credit loan facilities, which are together worth over $1.5bn and are backed by Italian export credit […]
Supporting the industry through the early stages of the energy transition with trusted insights into a range of emerging technologies while recording industry-leading safety performance has seen ABS continue to grow its classed fleet to 277 million gross tons. That was the message for members at the annual ABS Advisory Council Meeting on November 15th, […]
RINA announces the signing of a Joint Development Project (JDP) with Maran Dry Management Inc, the prominent dry bulk shipping unit of the Angelicoussis Group, and Chinese designer SDARI for an LNG and hydrogen powered 210,000DWT bulk carrier. The project will be based on an innovative propulsion arrangement which reduces the running machinery at sea […]
Watson Farley & Williams (WFW) has advised MSC Cruises on the delivery of the MSC Seascape, built at Fincantieri in Italy and the sistership of the innovative MSC Seashore. The vessel was funded by a pre- and post-delivery financing facility backed by Italian ECA SACE, which was documented by WFW in July 2018. The delivery […]
North P&I Club has put figures on the value of preventive action linked to two marine insurance initiatives devised to save time and money in crew healthcare provision. On the 20th anniversary of introducing enhanced pre-employment medicals (PEMEs) to assess the fitness of individuals to join a ship, North’s Personal Injury claims team estimates the […]
Vallianz Holdings, an established provider of offshore marine and engineering solutions for the global energy industry, is accelerating the digitalisation of its fleet of offshore support vessels (OSV) with a comprehensive package of connectivity services from Inmarsat, the world leader in global, mobile satellite communications. With its headquarters in Singapore, Vallianz operates an OSV fleet […]
Windcat Workboats, Europe’s leading provider of specialist Crew Transfer Vessels (CTVs) to the offshore wind power industry, has installed Reygar’s Digital Daily Reporting System, Digital DPR, across its entire fleet of over 50 workboats. The Digital DPR (DDPR) app runs from a touchscreen tablet onboard and is simple and easy to use for busy workboat […]
