Hamilton, Bermuda, March 30, 2019
Nordic American Tankers Limited (NYSE: NAT) has entered into an At-The-Market Agreement (“ATM”) dated March 29, 2019, with the Investment Bank B. Riley FBR, Inc.
The International Chamber of Shipping (ICS), which represents the global shipping industry, is very concerned by reports that a merchant ship, the Palau-flagged tanker ‘Elhiblu 1’, had been taken over by migrants rescued in the Mediterranean Sea, reportedly because the ship was going to return the some 100 rescued persons to Libya.
Oyster Yachts celebrates a year of new ownership as it transports its first in-house hull from Wroxham to Southampton
• Last week, the first of many hulls was transported from Oyster Yachts’ state-of-the-art moulding facility in Wroxham to its Southampton shipyard where it will complete its build.
• This coincides with the company celebrating one year since it was bought out of administration by CEO Richard Hadida.
• The moulding facility opened on 27 November 2018, creating 23 highly-skilled jobs in the area.
• With a full order book, the moulding facility is nearing maximum capacity for the next year, an impressive status and evidence of the company’s remarkable turnaround.
The TracPhone V11-HTS delivers global data speeds of 20 Mbps and is available as part of KVH’s AgilePlans program
MIDDLETOWN, RI – March 28, 2019 – KVH Industries, Inc., (Nasdaq: KVHI), today introduced the TracPhone V11-HTS, the world’s fastest 1 meter Ku/C-band maritime VSAT antenna, designed to deliver data speeds as fast as 20 Mbps down/3 Mbps up to commercial maritime vessels and superyachts around the world. The fast data speeds support the critical needs of commercial ships today for operations, Internet of Things (IoT) applications, and crew connectivity. Superyacht guests can now enjoy fast connectivity for streaming HD content and accessing Internet and social media platforms at sea.
IMO’s treaty for safe and environmentally-sound ship recycling has received another boost. Japan has become the 10th country to become a Party to the Hong Kong Convention.The Convention covers the design, construction, operation and maintenance of ships, and preparation for ship recycling in order to facilitate safe and environmentally sound recycling, without compromising the safety and operational efficiency of ships.
Welcome to the March PEMSEA e-update. This month has seen a number of tools released to aid with coastal and ocean management, some by PEMSEA partners and some by others. Find them below, alongside a selection of the latest news regarding our shared seas. We hope you join PEMSEA as we participate in Earth Hour this Saturday. In between newsletters, follow us on Facebook and Twitter for the latest updates.