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  • 2020 December 13 12:29

    S’hail Shipping adds their sixth vessel to the Baumarine by MaruKlav Pool

    The MV S’hail Lusail (Oshima 84.5k) was delivered late November as the latest addition of S’hail Shipping to the Baumarine Pool managed by Klaveness and Marubeni. With this addition the Baumarine pool now consists of 32 vessels, making up the world’s largest Panamax Pool - Having been able to assist one of our members to build their fleet from the ground up is significant for our strategic journey as a partner and enabler of earnings optimization”, says Michael Jørgensen, MD in Baumarine by MaruKlav.

    "This collaboration has immense potential to grow the value of our relationship”, says Mr. Mohamed Khalifa Al-Sada, Chairman and Managing Director of S’hail Shipping together with CEO, Mr. Rajiv Pal. S’hail first joined the pool in 2017 with their first acquired Panamax and with this sixth addition, since then they have grown to become a reputable dry bulk player in the global shipping area.

    3.5 years of success
    The close collaboration with S’hail has enabled us to support the growth and expansion of their fleet over the past few years. Ignacio Pizarro, Senior Manager Strategy & Innovation at MaruKlav shared, “The journey of expanding from one to six vessels has been truly inspiring. Having been able to add value to S’hail during the S&P phase, including vetting of vessels for potential procurement I believe has brought us even closer. Furthermore, the monthly status meetings discussing their overall portfolio management and exposure, combined with mutual update on commercial and operational matters, really make a difference - the two organizations are now very much synced.”

    Michael Jørgensen, MD of Baumarine by Maruklav added, “We are very pleased to strengthen our collaboration with S’hail further with this sixth addition and believe that the key to success is through empowering our owners. Instead of waiting for vessel redelivery at the market lows as we have traditionally seen from the standard structure of period deals. We believe that it is essential to provide each owner with the right optimization tools and enabling them to deliberate about timing in converting between fixed and floating rates.”




2022 January 22

14:06 Crowley names Marcus Jadotte as Senior VP, Government Relations
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11:34 Carnival Cruise Line adding more embarkation enhancements as it commits to current protocols for the foreseeable future
10:54 Indian Register of Shipping strengthens focus on safety of Inland Waterways

2022 January 21

19:15 PortNews’ week updates and insights summary
18:20 More than 600 boxships stay off ports waiting for berth space, Seaexplorer disruption indicator shows
18:07 Green Innovation Fund adopts joint project on “Mass-production and Cost Reduction of Floating Offshore Wind Installation”
17:44 The new Stena Baltica has debuted on Stena Line’s Baltic Sea route from Ventspils to Nynäshamn
17:16 Port of Los Angeles breaks cargo record in 2021
17:06 Finnlines strengthens Germany-Sweden route with a fourth ship
16:36 Maersk opens its logistics center for South Western Europe at port of Barcelona
16:03 Dublin Port sees a small reduction in volumes in 2021
15:24 Kongsberg Digital joins the NorthWind project to develop digital twin technology for offshore wind
14:03 ClassNK issues Approval in Principle for ammonia-fueled Panamax bulk carrier developed by Planning and Design Center for Greener Ships (GSC)
14:02 TGE Marine announces completion of largest LNG Bi-Lobe Type C Tanks
13:23 Samskip adds 150 new sustainable reefer containers to its fleet
13:01 Icebreakers remain busy assisting shipping of the Gulf of Finland eastern part
12:13 Freight volumes increase at the Port of Gothenburg in 2021
12:12 Nippon Paint Marine’s new fastar antifouling earmarked for Cosco Shipping VLCC fleet
11:42 RZD invested heavily in its rolling stock upgrade in 2021
11:31 DP World launches a premium barge service between the Upper Rhine region and Rotterdam World Gateway
11:03 Israel orders three new submarines from thyssenkrupp Marine Systems
10:31 Port of Oakland import volume hit new record in 2021
10:11 Crude oil prices drop on US oil reserves growth
09:32 MABUX: Global bunker prices may slide down on Jan. 21
09:21 Baltic Dry Index as of Jan 20

2022 January 20

18:35 EuroDry announces agreement to acquire a 2014-built Supramax bulker
18:05 Valaris announces floater contract awards
17:43 Alfa Laval experiences increased demand for solutions related to LPG as fuel
17:26 Throughput of Chinese sea and river ports in 2021 climbed by 6.8% YoY
17:15 The U.S. Army gets $22.81 billion in supplemental funding of studies, projects and programs
17:05 Sanmar Shipyards delivers fourth powerful compact tug to SAAM Towage
16:50 Cargo traffic on IWW of Russia in 2021 rose by 1.2% to 110.3 million tonnes
16:35 Uber Boat by Thames Clippers builds the UK’s first hybrid high speed passenger ferries
16:15 American Cruise Lines unveils Project Blue
16:05 TGE Marine announces the completion of the tank building phase for two large LNG cargo tanks
15:31 Hafnia plans to acquire 12 modern LR1 tankers
15:25 Holland Shipyards Group develops new tug EDDY 24-50 E
15:05 ZIM announces new chartering agreement for three 7,000 TEU LNG dual-fuel container vessels
14:40 Exports of LNG and gas condensate from port Sabetta exceeded 19 million tonnes in 2021
14:11 Stena Line and Associated British Ports sign £100M deal for new ferry terminal at the Port of Immingham
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13:19 MABUX: Bunker Weekly Outlook, Week 03, 2022
13:12 Norside buys the platform supply vessel 'Farland' for offshore wind
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11:51 Port of Long Beach sets annual record with 9.38 million TEUs
10:46 Global Ports' consolidated marine container throughput increased by 2.8% y-o-y in 2021
10:10 Increase of cargo predicted for the Port of Riga this year
09:33 MABUX: Global bunker prices may turn over downward correction in the end of the day
09:25 Crude oil market sees downward price correction
09:08 Baltic Dry Index as of January 19

2022 January 19

18:20 New SGMF publication provides expansive and highly relevant guidelines on safe bunkering of LNG
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