Capital Product Partners Fixes Two Boxships

first_imgzoom Greek shipping company Capital Product Partners has signed charter employments for its two 8,266 TEU container carriers M/V Agamemnon and M/V Archimidis with an undisclosed client.The 108,892 dwt vessels, built by South Korean Daewoo Shipbuilding & Marine Engineering in 2007 and 2006, have been chartered for a period of twelve months.According to Capital Product Partners, the charters are expected to commence in April 2016 and include an charter extension option for an additional 12 months at an increased rate.Due to these employments, the partnership’s charter coverage for 2016 and 2017 has increased to 93% and 72%, respectively.Capital Product Partners currently owns 34 vessels, including twenty modern medium range product tankers, four Suezmax crude oil tankers, nine Post Panamax container vessels and one Capesize bulk carrier, all of which are under period charters.last_img read more

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More Ministers take oaths in new Government

More Ministers took oaths in the new Government before President Maithripala Sirisena this evening.Duminda Dissanayake took oaths as the Minister of Irrigation, Water Resources and Disaster Management, Dayasiri Jayasekara as the Minister of Skills Development and Vocational Training, Piyasena Gamage as the State Minister of Youth, Women and Child Affairs, Lakshman Senewiratne as the State Minister of Defence, M. L. A. M. Hizbullah as the State Minister of Highways and Road Development, Mohan Lal Grero as the State Minister of Education and Higher Education, Sriyani Wijewickrama as the State Minister of Provincial Councils, Local Government, and Sports, Angajan Ramanathan as the Deputy Minister of Agriculture, Manusha Nanayakkara as the Deputy Minister of Labour and Foreign Employment, Indika Bandaranayake as the Deputy Minister of Housing and Urban Development, Sarathi Dushmantha as the Deputy Minister of Justice and Prison Reforms, Nishantha Muthuhettigamage as the Deputy Minister of Ports and Shipping and Kader Kader Masthan as the Deputy Minister of Resettlement, Rehabilitation, and Northern Development. (Colombo Gazette) read more

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US Poland leaders to sign document on 5G cooperation

WARSAW, Poland — U.S. Vice-President Mike Pence says the U.S. and Poland will sign a joint declaration to co-operate on secure new 5G technology.Pence is in Warsaw filling in for President Donald Trump, who scrapped his trip at the last minute because of Hurricane Dorian.At a joint news conference following talks with President Andrzej Duda Monday, Pence announced the agreement would be signed later in the day.Pence said the agreement on a secure digital network will “set a vital example for the rest of Europe.”The signing comes amid a global battle between the U.S. and China’s Huawei, the world’s biggest maker of network infrastructure equipment.The Associated Press read more

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