Deals this week: Glider Yachts, DFDS, BMT

16 February 2018 (Last Updated February 19th, 2018 11:48)

Glider Yachts Limited intends to raise an undisclosed sum in a new venture funding round, which will be used to finance the construction of a new SL24 sports limousine model.

Glider Yachts Limited intends to raise an undisclosed sum in a new venture funding round, which will be used to finance the construction of a new SL24 sports limousine model.

Operators of super-yachts and private island resorts have shown interest in the SL24 Sports Limousine designs, displayed at the Monaco Yacht Show held in September 2017.

Glider Yachts is a UK-based yacht designer and manufacturer headed by chief executive officer (CEO) Robert McCall.

DFDS has entered an agreement with Guangzhou Shipyard International for the delivery of two combined freight and passenger vessels (RoPax).

The vessels are estimated to cost a total of kr1.8bn ($296m). Approximately 10% of the total amount has already been paid, while the remaining balance will be transferred upon delivery of the vessels.

The RoPax vessels can accommodate up to 600 passengers and are expected to carry 4,500 lane metres of freight and passenger vehicles each.

Both vessels will be built at China’s Nansha Yard and will be deployed on one of DFDS’ six ferry routes.

The introduction of new ships will enable DFDS to increase its total freight capacity by around 30%.

Denmark-based DFDS operates across Europe and provides shipping, port terminal, transportation and logistics services.

BMT has partnered with Black & Veatch to introduce a marine vessel technology assessment system (VTAS) for the UK’s Energy Technologies Institute (ETI).

BMT is a design, engineering and risk management consultancy company based in the UK, while Black & Veatch is a US-based engineering, procurement and construction firm.

“BMT has partnered with Black & Veatch to introduce a marine vessel technology assessment system (VTAS) for the UK’s Energy Technologies Institute (ETI).”

ETI has provided funding for the £1.8m project, which is anticipated to allow the shipping sector to adopt more fuel-efficient technologies.

The two firms are set to collaboratively develop independent and transparent data as part of the initiative, which could potentially transform the existing propulsion designs and operations within the shipping sector.

Sovcomflot has signed a project funding agreement with Sberbank for the construction of a high ice-class Arctic shuttle tanker named Arc7.

The $106m deal will be valid 14-year period.

Gazprom Neft is expected to deploy the tanker in Novy Port project in Russia upon delivery.

Sberbank is a financial institution, while Sovcomflot is primarily engaged in the shipping of crude oil, petroleum products and liquefied gas.

Both companies involved in the transaction are based in Russia.

The International Maritime Organisation (IMO) has signed a new partnership agreement with the European Bank for Reconstruction and Development (EBRD) to promote sustainable shipping operations.

A variety of safety and environment focused capacity-building activities are slated to be carried out in the maritime and port sectors as part of the agreement.

IMO and EBRD will also jointly provide technical advisory services, project preparation and planning, capacity building and institutional development support under the initiative.

In addition, the organisations are expected to collaborate to improve maritime traffic and facilitate electronic business activities, as well as help establish a maritime single-window.

IMO is currently working towards the United Nation’s (UN) 2030 Agenda, which aims to promote sustainable development in the maritime sector.

Incat Crowther has been contracted to design a low-wash, high-speed catamaran ferry for Central Danube Region Marketing & Development’s Twin City Liner.

The 39m-long ferry will be built by Wight Shipyard for deployment on the Danube River routes between Vienna, Austria; and Bratislava, Slovakia.

It will be specifically designed for restricted waters where active currents and debris are commonly encountered.

The catamaran will feature custom-designed interceptors, advanced engineering techniques and a special anchoring system.

The ferry will be able to accommodate up to 185 passengers in the seating area of the main cabin, 29 passengers in external seating area and 35 passengers in the internal seating at the aft.

It can travel at a maximum speed of 38k and offers a reliable service speed of 32k.