P&O Ferries has now officially confirmed the start of a Calais-Tilbury freight-only service which will start later this month with the chartered 1,625-lanemetre CAROLINE RUSS.
Petros Panagiotidis-led Castor Maritime has completed the acquisition of 2001-built Korean panamax bulker Nirefs from Diana Shipping for $6.7m, doubling the size of the company’s fleet. The vessel has been renamed Magic Sun, and has been fixed to Germany’s Oldendorff Carriers at a daily rate of $12,000. The charter is set to commence on September 7, and is for a period of eight to twelve months. It will generate revenues of $2.9m based on the minimum charter period, and up to $4.4m.
Norwegian offshore vessel owning giant Solstad Offshore has announced that Brazil’s Petrobras has declared options to extend the contracts of anchor handling tug supply vessels Far Scout and Far Santana. The extensions are for one year, taking the contracts through to the third quarter of 2020. Both vessels are supporting Petrobras operations in Brazilian waters.
Brittany Ferries has chartered Bore’s 1,511-lanemetre ro-ro BORE BAY until the end of this year to replace the 1,690-lanemetre MN PELICAN on its twice weekly freight-only service between Poole and Bilbao.
Monaco-headquartered GasLog has sealed a ten-year time charter with Sinolam LNG Terminal for the provision of a LNG floating storage unit. The FSU will be used to receive, store and send out LNG to a gas-fired power project being developed in Panama. GasLog is planning the conversion of 155,000 cu m LNG carrier GasLog Singapore. The conversion will see the vessel become FSU ready, but also still be able to trade as an LNG carrier. The conversion is scheduled for the third quarter of 2020, at the same time as the vessel’s regular dry-docking. The charter in Panama will commence in November 2020.