A large part of the shipping industry experiences difficulty in raising money from banks for the construction of new, ‘green’, and thus more expensive, ships. This means shipowners need to be creative in finding alternative sources of financing. This was one of the main topics at the Mare Forum Shipfinance. At the nineteenth Mare Forum Shipfinance on 6 November in Rotterdam,...Read more
|Comment|author: Mariska Buitendijk

45 Companies Join NMT’s Superyacht Platform

So far, 45 super yacht companies have joined trade association Netherlands Maritime Technology’s (NMT’s) newly formed Holland Superyacht Platform. At the end of September, the trade association managed to separate the companies from Hiswa’s Holland...Read more
|Comment|author: Mariska Buitendijk

Damen Launches Road Ferry 6819 E3 in Galati

Damen has launched the Amherst Islander II. This ferry is part of a two vessel order for the Ministry of Transportation Ontario. The E3 ferries will be the first passenger/car ferries in North America with...Read more
|Comment|author: Mariska Buitendijk

Tug Prop Wash Pushes Tanker Aground

Powerful tugs can create strong propeller wash currents. A tanker recently ran aground as it was passing two tugs pushing on the side of a berthed vessel. The incident was covered in a recent Mars Report...Read more
|Comment|author: Mariska Buitendijk