and potential third-party risks that a time charterer
As previously reported by the Company, in May 2015 the Vessel Seller time-chartered the Vessel to Sino-Global for a two-year period, and Sino-Global, in turn, time-chartered the Vessel to the Charterer
for the same two-year period.
Each of the Vessels will be employed, upon its delivery to the Charterer
, for 45 consecutive round-trip voyages from Australia to China over a period of approximately five years, assuming normal travelling conditions and port waiting times.
Wallentin acknowledges that the solution and guarantee may not be attractive for all vessels and all trades, but that the methodology behind HPS serves as a useful tool for all owners and charterers
seeking improved data on hull performance.
The m/v African Glory, a 1998 built and 23,515 dwt handysize dry bulk carrier, entered into a two (2) year time charter agreement with a profit sharing arrangement to a first class charterer
com, a single, global marketplace for both the yacht charter industry and individual yacht charterer
It has an exclusive arrangement with one of the world's largest trade credit insurance companies and AJ Gallagher, the world's fourth largest insurance broker, to deliver insurance protection against charterer
Haiti has seized a cargo ship and arrested its captain and chief engineer in a dispute over cargo bound for Trinidad & Tobago, the ship's charterer
reports, CANA-Reuters (January 3, 2000):
a global shipping company focusing on the transportation of dry bulk cargoes, today announced that following the settlement and adjudication of the Company s subsidiary STAR BOREALIS LLC ( STAR BOREALIS ) claim for damages and due hire related to the repudiation of the long - term time charter of the M/V Star Borealis ( Vessel ) by charterer
PAN OCEAN Co Ltd.
The vessels will be built with the latest maritime technologies, maximum cargo capacities and fuel efficiencies as well as technical specifications which are unavailable on much of our existing fleet, and required by our charterer
based on the existing time charterparties and their addenda, has the option to redeliver the m/v "YM Great" at any time between September 7, 2014 and March 7, 2015 and the m/v "YM March" at any time between November 6, 2014 and April 6, 2015.
Swissco will be acquiring the entire issued shares and paid-up capital of Scott and English which is an owner and charterer
of mobile offshore drilling units.
NYSE: PRGN)("Paragon Shipping" or the "Company"), announced today that Deiulemar Compagnia di Navigazione SpA, the charterer
of the M/V Friendly Seas (the "Vessel"), a 2008-built 58,779 dwt Supramax bulkcarrier (the "Charterer
"), has continued to fail to provide payment due since January 5 and has failed to provide the Vessel with voyage instructions.
NYSE: PRGN)("Paragon Shipping" or the "Company"), announced today that it has been notified by Deiulemar Compagnina di Navigazione SpA, the charterer
of the M/V Friendly Seas, a 2008 built 58,779 dwt Supramax bulkcarrier, (the "Charterer
") that it will seek to modify the terms of the existing charter, which has a remaining duration of about 27 months (assuming earliest redelivery) at a gross daily rate of $ 33,750.
3 Stena Primorsk delivered in May, 2006, and employed by a Russian charterer