Erdogan family acquired tanker through offshore deal
The family of Turkish President Recep Tayyip Erdogan are owners of a 26.5-million-euro ($29.64-million) oil tanker, which was acquired under a secretive offshore arrangement, a consortium of European news outlets reported Friday. The Belgian newspaper Le Soir, Spain's El Mundo, L'Espresso of Italy and the French online site Mediapart are members of European Investigative Collaboration (EIC), a cooperative initiative in investigative journalism. The outlets began publishing on May 19 an investigation called the "Malta files," delving into more than 150,000 documents from the Mediterranean tax haven. The Maltese government has said there are no secrets to be found in the cache. According to Friday's report, the Erdogan family became owners of an oil tanker called Agdash through companies registered in Malta and on the Isle of Man, a UK tax haven. A quarter of the finance was provided by Sitki Ayan, a Turkish businessman who is a friend of the Erdogan family, and three-quarters by a Turkish-Azeri billionaire, Mubariz Mansimov, who owns the Istanbul-headquartered transport group Palmali, the report said. EIC said that neither Erdogan's office, members of the family said to be involved in the operation, nor Mansimov nor Ayan answered requests to respond to the report. Source : AFP
Seaspan Accepts Delivery of 14000 TEU SAVER Containership
Seaspan Corporation announced today that it has accepted delivery of the YM Wind, a 14000 TEU containership that will commence a fixed rate charter with Yang Ming Marine Transport Corp. for a ten-year term with an option to extend for an additional two years. The new containership, which was constructed at CSBC Corporation, Taiwan (“CSBC”), is the ninth 14000 TEU SAVER design containership to join Seaspan’s fleet, and expands the company’s operating fleet to 89 vessels. Seaspan has entered into a sale leaseback transaction for the YM Wind which provides gross proceeds of approximately $144 million.
Salish Raven on final leg of journey to B.C. Victoria
BC Ferries newest vessel, SALISH RAVEN , transited the Panama Canal on May 22 and is now on its way home to British Columbia.The vessel departed Gdansk, Poland on April 28. It is currently on its way up the west coast of North America. The voyage is going very well and the ship is expected to arrive by early June. Caption: BC Ferries' ferry Salish Raven - Image courtesy of BC Ferries BC Ferries will take final acceptance and ownership of Salish Raven upon final inspection once the vessel arrives in British Columbia. Remontowa Shipbuilding S.A. is responsible to deliver the ship to B.C. and has contracted with a professional international ship delivery specialist. Some of BC Ferries’ crew members are on various legs of the voyage for training and familiarization. Under contract to the Province of British Columbia, BC Ferries is the service provider responsible for the delivery of safe, efficient and dependable ferry service along coastal British Columbia. Source: BC Ferries