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NYK Determines Terms and Conditions for Floating and Fixed Rate Transition Bonds


NYK Line has set the terms and conditions of the unsecured corporate bonds (transition bonds, No. 50 and No. 51) announced on November 12. Transition Bond Summary (Floating Rate Bond) Transition Bond Summary (Fixed Rate Bond) Prior to the execution of the transition...
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Russia fails to win back seat on UN shipping agency’s council

Russia fails to win back seat on UN shipping agency’s council
Russia failed on Friday to win enough votes to rejoin the U.N. shipping agency’​s governing council despite urging countries to back its nomination for a ‌seat it lost in 2023. The outcome is another blow for Russia which also failed to secure enough ‌support in...
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MAMII brings European maritime leaders together to accelerate methane measurement and abatement

Discussions addressed how industry and regulators can speed up credible measurement and abatement solutions across global fleets. The Methane Abatement in Maritime Innovation Initiative (MAMII) hosted its first event in Brussels last week, bringing shipowners, engine...
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Easing Red Sea crisis might squeeze LR rates amid ballooning fleet

The Houthis’ recent announcement to halt attacks on vessels transiting the Red Sea is a positive development for Suez Canal traffic. However, given their history of frequently shifting positions, the industry remains cautious about any near-term normalization of flows...
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Tracking VLCC freight momentum and the latest Russian flow shifts

Tracking VLCC freight momentum and the latest Russian flow shifts
This week’s analysis focuses on VLCC performance and the evolving Russian crude flows. Building on our October and November Special Editions, we have already outlined the main drivers behind the recent market surge. In the November edition, we emphasized how...
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bound4blue targets Asian growth with new production capabilities and partnerships in China

bound4blue targets Asian growth with new production capabilities and partnerships in China
bound4blue, a global leader in wind propulsion systems, has expanded its industrial footprint in Asia with the establishment of new production capabilities in China, alongside the signing of strategic regional partnerships to accelerate adoption of its proven eSAIL®...
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