• 2018 November 8 09:47

    Damen presents its new leasing fund for African shipowners at the first Damen Fishing Seminar

    Damen will present its new vessel leasing fund, which is specifically designed for African shipowners, at the first DAMEN Fishing Seminar being held in Cape Town, South Africa on 22 November, the company said in its press release.

    Damen Finance Manager, Francesco Verschuren, who will speak at the Seminar and is a specialist in financing in Africa, comments: “The new fund is particularly interesting for smaller, private fishing vessel owners. We are using our years of experience to support them with their vessel financing based on a leasing agreement.” DAMEN has delivered more than 1,200 vessels to customers in Africa over the years.

    Each lease agreement is tailormade for the customer, he stresses. The customer begins by chartering the vessel for a certain number of years, while at the same time repaying the loan and the applicable interest. They then have the option to purchase the vessel during the tenor of the agreement and the obligation after the repayment period.

    The DAMEN fund, ‘Africa Ship Leasing’, gives shipowners an option when they don’t necessarily have the cash to make a large down payment on a vessel which is the case in traditional financing arrangements with a bank, or when local financing solutions are not available.

    Africa Ship Leasing was established in May 2018 and is already assisting owners in both Nigeria and Angola. Financing is available in both Euros or USD Dollars, and Africa Ship Leasing is partnering first class Dutch banks.

    Mr Verschuren will be available to answer any questions during the conference and to explain the possibilities in more detail on a one-to-one basis.

    Additionally, Mr Verschuren can outline more traditional financing arrangements. DAMEN works closely with Atradius DSB, the official Export Credit Agency of the Netherlands.

    Through holding the first Fishing Seminar DAMEN is aiming to create a platform whereby the industry can come together with the government and exchange information about the latest developments in the sector and the new technologies and innovative ideas driving the growth of a sustainable fishing industry.

    Leading industry figures and representatives from the Department of Trade & Industry and the Department of Agriculture, Forestry and Fisheries will be attending the event.

    The programme kicks off at 0900 hours on November 22 with guest registration at DAMEN Shipyards Cape Town. After the speeches there will be time for questions and the afternoon session will be followed by a tour of DAMEN Shipyards Cape Town and a cocktail hour.

    About DAMEN Shipyards Cape Town (Pty) Ltd:

    Damen Shipyards Cape Town (DSCT) builds ships in Africa for Africa. To date, the yard has constructed & delivered 40 vessels to the African continent from its base in Cape Town, including offshore patrol vessels, dredgers, tugs, naval craft and platform supply vessels, some of which have been built for stock in order to ensure fast delivery. The DSCT Services & Repairs department has provided training, delivery, maintenance & repairs assistance to countries across the globe and especially to African countries seeking to source high quality services from South Africa.

    Through thorough research, on-going evaluations and customer feedback, DSCT’s vessels are of the highest international quality standards and provide customers with the assurance of generations of proven high-tech commercial off-the-shelf (C.O.T.S) vessels.  

    Damen Shipyards Group
    Damen Shipyards Group operates 35 shipbuilding and repair yards, employing 12,000 people worldwide. DAMEN has delivered more than 6,000 vessels in more than 100 countries and delivers some 160 vessels annually to customers worldwide. Based on its unique, standardised ship-design concept DAMEN is able to guarantee consistent quality.

    Damen’s focus on standardisation, modular construction and keeping vessels in stock leads to short delivery times, low ‘total cost of ownership’, high resale values and reliable performance. Furthermore, DAMEN vessels are based on thorough R&D and proven technology.

    Damen offers a wide range of products, including tugs, workboats, naval and patrol vessels, high speed craft, cargo vessels, dredgers, vessels for the offshore industry, ferries, pontoons and superyachts.

    For nearly all vessel types DAMEN offers a broad range of services, including maintenance, spare parts delivery, training and the transfer of (shipbuilding) know-how. DAMEN also offers a variety of marine components, such as nozzles, rudders, winches, anchors, anchor chains and steel works.

    Damen Shiprepair & Conversion (DSC) has a worldwide network of eighteen repair and conversion yards of which twelve are located in North West Europe. Facilities at the yards include more than 50 floating and (covered) drydocks, the largest of which is 420 x 90 metres, as well as slopes, ship lifts and indoor halls. Projects range from the smallest simple repairs through Class’ maintenance to complex refits and the complete conversion of large offshore structures. DSC completes around 1,300 repair and maintenance jobs annually, both at yards as well as in ports and during voyages.




2019 April 26

12:03 DEME Offshore and Equinor join hands to study floating concrete substructures for Hywind Tampen floating wind farm
11:54 Marine Façade Port to become a base for a single St. Petersburg public cruise / ferry operator
10:24 Russia’s MARINET OKs the autonomous concept of IQBoat
10:11 Brent Crude, WTI futures close lower at $ 74,19 and $ 64,89, repectively
10:08 Grimaldi starts construction of GG5G Class hybrid freighter
09:41 Baltic Dry Index rises 2.24% pts to 869 points
09:27 Bunker Market this morning, April 26
09:00 IMO launches website for Marine Environment Protection of the South-East Asian Seas project
08:13 MOL recorded ¥6.1 billion in extraordinary loss for FY2018 on its Non-consolidated Financial Statements

2019 April 25

18:06 St. Petersburg port Marine Façade revamped Pier 7 to accommodate two longer cruise ships from 2021
18:05 Bodrum Cruise Port welcomes the First call of the Year
17:05 MOL announces naming ceremony for two newbuilding LNG carriers
16:08 Bumi Armada refinances corporate debt
15:37 Volga Shipping Company starts 2019 cargo shipping season on the Upper Volga
15:08 Bibby HydroMap hold DriX demonstration day at Catapult in Blyth
15:08 NUTEP takes delivery of handling equipment from ZPMC for new Berth No. 38
14:30 Jan De Nul Group extends its fleet with three water injection dredgers
14:08 KCA Deutag awarded a four-year drilling contract extension on North Sea platform
13:52 CMA CGM unveils its vision for a digital customer journey and launches CMA CGM eSolutions
13:52 Bunker prices at Far Eastern ports end week nearly flat
13:08 CNOOC China Limited signs a petroleum contract with PetroChina
12:08 HullWiper signs hull cleaning frame agreement with Equinor ASA
11:08 ONE announces delivery of 14,000-TEU containership “ONE APUS”
10:49 MABUX: Bunker market this morning, Apr.25.
10:24 Brent Crude futures price edges up to $ 74,6, WTI - down to $ 65,79
10:08 Seagull Maritime acquires software company Tero Marine
10:08 Zelenodolsk Shipyard hosts keel-laying ceremony for 10th Grachonok-class special purpose boat
09:49 NCSP and VTB close the Novorossiysk Grain Terminal shares sale deal
09:07 UK’s leading port operator, ABP, appoints new Chief Commercial Officer
09:05 Baltic Dry Index continues to gain, settles at 850 points
08:07 Delta Mariner first to use deepened Nieuwe Waterweg at the Port of Rotterdam
07:23 LNG vessel completes 6,000th Neopanamax transit at the Panama Canal
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2019 April 24

18:15 Cryogas-Vysotsk kicks off full-scale LNG production
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18:07 COSCO SHIPPING Heavy Industry in Yangzhou holds naming ceremony for 400K DWT VLOC
17:30 Final caisson installed for Tuas Terminal Phase 1
17:07 Klaveness Combination Carriers ASA concludes the first contract of affreightment for its CLEANBU fleet
17:05 Oceaneering takes delivery of the advanced subsea construction support vessel
16:37 COSCO SHIPPING signs a strategic cooperation agreement with Yangzhou
16:34 MOL co-own world 6 largest Liquified Ethan Carrier with Reliance
16:26 Port of Vysotsk three-month cargo throughput rose 12% to 5 million tonnes
16:05 Tanjung Bruas Port expands its services to container ships
15:46 HMM to expand cooperation with FESCO
14:41 Primorsk oil port’s throughput rose 5% in Jan-Mar to 14 million tonnes
14:29 Rosmorport picks Oil Terminal Lavna to provide berths for its ships docking in Murmansk
13:42 Ust-Luga Port’s three-month volume up 8% to more than 26 million tonnes
13:35 Port of St.-Petersburg Q1 cargo volumes rise 3% to 14.26 million tonnes
13:22 FPU Akademik Lomonosov completed trials of nuclear power plant
13:03 Russian Gov’t released orders on the purchase of domestically-produced equipment for transport infrastructure expansion programme
12:47 VDB to develop design of an 18MW icebreaker for Rosmorport
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10:11 Crude oil futures edge down to $ 74,16 (Brent) and to $ 65,95 (WTI)
10:07 Global Ship Lease announces new long-term charter agreement with Maersk Line
10:03 Baltic Dry Index gains 31 pts to 821 points
09:07 Long Beach Harbor Commission approves new Strategic Plan
09:03 Bunker Market this morning 24th April
08:07 GTT receives a new order from Hyundai Samho Heavy Industries to design the tanks of an LNG Carrier for NYK
07:37 CMA CGM to apply GRI for frozen seafood and snow crab exports from Canada East Coast to worldwide destinations (excluding Africa, EEA, Russia and USA)

2019 April 23

18:24 Russia’s inland waterways Moscow basin ready to open for navigation as of April 24