Tanker News – Stolt-Nielsen builds up stake in rival Odfjell – February 2024

Chemical tanker giant Stolt-Nielsen has increased its stake in Norwegian competitor Odfjell, cementing itself as the company’s second-largest shareholder. The Oslo-listed firm has accumulated about 8.2m of the class A shares, equaling 13.6% ownership interest, second behind Norchem in Denmark, which sits comfortably at the top and in which Odfjell chairman Laurence Odfjell has a […]

Cargo News – C. CAPELLA discharging cargo at Kordin Grain Terminal – 26.12.2023

The Slovakia built 87.75 m long (loa) general cargo ship C. CAPELLA was seen again in Malta discharging her cargo at Kordin Grain Terminal (KGT). She entered Valletta on Tuesday 26th December, passing breakwaters at 0743 hrs originally coming from Split, Croatia. Berthing at Magazine Wharf, she was seen with the latest Buhler HL-SKT Type […]

Tugboats – FAIRPLAY 21

One of the Spanish built tugs trading in the German Towage Industry is the 1997 built tug FAIRPLAY 21 which has identical sisters – FAIRPLAY 22, 23 and 24. She was built by Naveles Santodomingo to a design from Aarts Marine BV for the German Towage Company – Fairplay Towage of which invested 19million in […]

Palumbo Superyachts Refit – 33.4m yacht YALLA – June 2021

Located in Malta’s Grand Harbour, Palumbo Superyachts Refit Malta represents the only hub for any refit, repair, maintenance and conversion services to major superyachts in the harbour of Malta. In 2018 Palumbo Malta Superyachts invested €2.5 million in a 420-tonne boat Traveller Lift Crane that can lift to repair and refit superyachts in the winter […]

ConRo News – Grimaldi Lines order 6 vessels from South Korea

Grimaldi Group announced a new order signed with Hyundai Mipo Dockyard at Ulsan, South Korea for six new G5 series roro multipurpose vessels. The investment exceeds $500m and deliveries are scheduled between the first months of 2023 and the end of 2024. Those vessels will have a capacity of 4,700 linear meters of rolling freight, […]