Tony Sanchez

Panama Canal Draft Restrictions Likely in April

Posted By Tony Sanchez / Uncategorized / 0 Comments

February 19, 2016 Based on weather forecasts and water consumption estimates for the upcoming months, the Panama Canal is anticipating the possibility that some time during April 2016 draft restrictions may be imposed to transiting vessels. Read More

Gaslog Refinances Six LNG Carriers

Posted By Tony Sanchez / Uncategorized / 0 Comments

February 19, 2016 Owner and operator of LNG carriers GasLog Ltd and its partnership GasLog Partners LP have entered into agreements for the refinancing of six vessels, representing all debt maturities for both entities due in 2016 and 2017. Read More

Saloos Wreck Removed from Angolan Waters

Posted By Tony Sanchez / Shipline / 0 Comments

February 19, 2016 The wreck of a RORO cargo vessel Saloos, which sank at Cabinda anchorage in Angola in May 2014, has been removed from the area by Koole Mammoet Salvage, a wreck removal and salvage company. Read More

Golden Ocean’s Private Placement on Target

Posted By Tony Sanchez / Shipline / 0 Comments

February 19, 2016 Norwegian dry bulk owner Golden Ocean Group Limited said that its private placement of new shares announced yesterday has been successfully completed at NOK 5 per new share, raising gross proceeds of NOK 1.7 billion (approximately USD 200 million) as was planned. Read More

MUA Seeks Reasons Behind Alcoa’s Temporary Licence

Posted By Tony Sanchez / Shipline / 0 Comments

February 19, 2016 The Maritime Union of Australia is urging the Turnbull Government to present documents outlining the reasons to grant a temporary licence to an American-based corporation Alcoa, producer of primary aluminum, which led to the sacking of seafarers onboard the Aussie-crewed MV Portland. Read More

Cargoshell Reefer awarded CSC certificate

Posted By Tony Sanchez / , / Comments are disabled

February 18, 2016 Cargoshell BV has been awarded a CSC certificate from Germanischer Lloyd for its composite panel reefer container. Read More

DHL Express investing in Milan Malpensa facility

Posted By Tony Sanchez / , , / 0 Comments

February 18, 2016 DHL Express said it plans to invest US$100 million to build a new logistics center at Milan Malpensa Airport. SEA Group, the company that operates Milan’s airports, inked a deal for the construction with DHL, according to Varese News. Read More

TNT strengthens as FedEx takeover gets closer

Posted By Tony Sanchez / , / 0 Comments

February 18, 2016 FedEx is no doubt as happy as TNT with the latter’s fourth-quarter and year-end financial reports, showing the company back in the black. The formerly struggling TNT managed a tidy €19 million profit in Q4 2015, compared with a €137 million loss in the same period in 2014. Read More

Air France-KLM Returns To Profit

Posted By Tony Sanchez / , / 0 Comments

February 18, 2016 Air France-KLM returned to profit in 2015, helped by a drop in its fuel bill and growth in passenger traffic. Read More

Pratt & Whitney, VietJet Sign A320 Engine Deal

Posted By Tony Sanchez / , , , / 0 Comments

February 18, 2016 Pratt & Whitney has signed a USD$3.04 billion contract to sell engines to budget airline VietJet Air for Airbus A320-family aircraft. Read More