Swire Blue Ocean becomes Cadeler and goes public

Swire Blue Ocean becomes Cadeler and goes public

Swire Pacific Offshore plans to list its subsidiary Swire Blue Ocean on the Oslo Stock Exchange. The company will also undergo a thorough rebranding process and will be renamed Cadeler. The move comes on the back of significant expansion plans to upgrade the company’s...

Coronavirus outbreaks on four Dutch naval ships

Coronavirus outbreaks on four Dutch naval ships

A total of eight crew members on four Dutch naval vessels are infected with the coronavirus. According to the Ministry of Defence, contact investigations are being carried out on all ships and, where necessary, military personnel have been quarantined. The ships...

First all-electric US built ferries enter service

First all-electric US built ferries enter service

The first all-electric vessels built in the US, the James V. Glynn and Nikola Tesla have been approved to enter service. The Niagara Falls tour ferries are each powered by a pair of battery packs providing 316 kWh total capacity divided across two catamaran hulls....

Charter rates continue upward trend

Charter rates continue upward trend

The charter rates for multipurpose vessels continue to crawl back up from the low levels of June and July this year. Toepfer’s Multipurpose Shipping Index for October shows an increase of 70 dollars to an average day-rate of USD 6615. Over the past three months, the...


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