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MOL PROMISE Owner, Manager, Shipyard
MPC Container Ships ASA (MPCC) announced it has reached a deal to acquire fellow Norwegian-based container shipping company Songa Container AS for $210.25 million on a debt and cash free basis. The transaction is expected to be completed by the end of July 2021.Upon closing, MPCC will acquire Songa’s fleet of 11 container vessels, with an average size of 2,250 TEU and an average age of 11.9 years , creating a combined fleet of 75 ships and a total capacity of roughly 158,000 TEU. Nine of the acquired ships are fitted with scrubbers while three are equipped with the highest ice-class.
South Africa's National Ports Authority (NPA) will operate as a stand alone business under the aegis of state-owned freight logistics group Transnet, President Cyril Ramaphosa said on Tuesday, as the country tries to overhaul some of the world's worst-performing ports.A report last month ranking container ports by the World Bank and IHS Markit saw South Africa's major ports at the bottom of the list, with Durban faring the worst among local peers by coming in at 349 out of a total of 351 ports assessed globally.
Ecochlor, Inc. announced it has wrapped up land-based and shipboard testing for its filterless EcoOne ballast water management system (BWMS) in preparation for an application for USCG and IMO BWMS Code Type Approvals.DNV was chosen to act as the Independent Lab (IL) throughout the entire process and has been responsible for the evaluation, inspection, testing oversight and submission of the EcoOne BWMS Type Approval applications.The land-based biological efficacy (BE) testing, was undertaken by the Golden Bear Research Center (GBRC) in California, USA. GBRC performed the tests, analyzed samples, and managed test results in the format required by the IL.
Engineering form GTT said on Tuesday it has received an order from Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) for the tank design of a new liquefied natural gas (LNG) carrier on behalf of Korean shipowner HYUNDAI LNG SHIPPING CO., LTD.As part of this order, GTT will design the tanks of the vessel which will offer a capacity of 174,000 cubic meters. The tanks will be fitted with the GTT NO96 GW membrane containment system, a technology developed by GTT, the company said.The vessel will be delivered at the end of 2023.
U.S. terminal and logistics company Enstructure announced it has entered into a definitive agreement to acquire Patriot Port Holdings LLC. Patriot Ports, the ports division of Patriot Rail & Ports and a sister company of Patriot Rail Company LLC, works in breakbulk, specialty cargo and cold storage, operating six terminals in Jacksonville, Fla.; Savannah, Ga.; Mobile, Ala.; and Sunny Point, N.C. with approximately 1.2 million square feet of industrial warehouse capacity, including 10.2 million cubic feet of cold storage.Following the acquisition, Enstructure will operate 12 terminals along the East Coast and Inland River System with more than 600 employees and approximately 3.