Bulkcarried delivered to Navios Maritime Partners L.P.
Navios Maritime Partners L.P. announced on May 23, 2018, that it took delivery of the "Navios Symmetry" on May 21. The vessel was acquired for a price of US$11.0 million. The vessel was chartered out at a net rate of US$9375/d until July 2018.
Based on the existing charter and the current rate environment (Clarksons’ one year time charter rate for panamax vessels as of 18 May 2018), the vessel was expected to generate approximately US$2.5 million of EBITDA for the first year, assuming maximum redelivery period from charterers, operating expenses approximating current operating costs and 360 revenue and cost days.
The acquisition of the vessel was financed with cash on the balance sheet and US$7.15 million bank debt maturing in 2023 and bearing interest at LIBOR plus 300 bps per annum.
The "Selkie", tasked with the specific job of clearing the entrances to Moray harbours has become stranded on a sandbank in Burghead on May 22, 2018. The crew of the 240-tonne dredger was forced to dump silt gathered in the bay overboard in order to lighten the vessel so it could float off again. It was the latest blow to rock the "Selkie" after its deployment was questioned, following confirmation the vessel only dredged for 71 days between January and the end of November 2017 and remained berthed for months. The vessel was not damaged during the unintentional grounding which occurred in aiming to maximise the quantity dredged from the harbour entrance before the tide dropped too much. But the dredger touched some ridges on the sandbank on its way out to the dump site over high water.
Finnlines starts new direct service between Helsinki and Aarhus
Finnlines is reshuffling its services between Denmark and Finland and provides as of 28 May, 2018 direct service between Helsinki and Aarhus, the company said in its press release.
There will also be a direct connection between Aarhus and Uusikaupunki, which offers new possibilities for cargoes between Denmark and Western Finland. Turku will be available via transhipment in Travemünde
The new weekly service between Travemünde and Aarhus is especially suitable for all kinds of rolling cargo, particularly for high and heavy cargo unable to cross the Kiel Canal bridge due to weight limitations.
The transit times will be shorter with direct departures, please see attached schedule.
Crowley Launches New Direct, Weekly Shipping Service from Puerto Plata to Port Everglades
To better serve customers shipping from the Dominican Republic to South Florida, Crowley Maritime Corp.’s liner services group announced today that it has launched a new direct, weekly shipping service from Puerto Plata to Port Everglades, Fla. Crowley is the only ocean carrier that provides a direct shipping service connecting these two locations.