DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced that it has entered into agreement to acquire two VLCCs built in 2016 at DSME (Daewoo) for a total of USD 136 million. The vessels are scheduled to deliver during the first half 2021. The Company will finance the acquisition with available liquidity and projected mortgage debt hence it is expected to be accretive to DHT’s earnings per share. The vessels were built to high specifications by their current owner and are fuel efficient, scrubber fitted Eco-designs that will further improve the DHT fleet’s efficiencies, amongst others its Annual Efficiency Ratio (AER) and Energy Efficiency Operational Index (EEOI) metrics.
Ship data consumption is booming, and as digitalization and data trends increasingly drive the maritime world, Inmarsat celebrated a pair of milestones, hitting the 10,000 vessel mark on Fleet Xpress installations and launching its "Fleet Data Academy."
State-run Sri Lanka Ports Authority said payments for imports could now be made electronically through the internet.
Debut contract with Dutch luxury yacht builder Oceanco on Azipod® technology installation project paves the way for broader cooperation on sustainable electric propulsion in a market expected to exceed $10 billion by 2025
Two of the world’s biggest fertilizer producers, CF Industries Holdings Inc and Yara International Asa, are seeking to cash in on the green energy transition by reconfiguring ammonia plants in the United States and Norway to produce clean energy to power ships.
The Chinese Communist Party has finalized new rules of engagement for the China Coast Guard, the maritime division of China's military police force.
MV Eurosun, a Liberian flagged vessel, which ran aground in shallows 5.5 nautical miles (10 kilometres) off Sri Lanka’s southern coast had refloated in high tide, the Indian Ocean island’s navy said.