Two Vessels Join JR Shipping’s Container Feeder Fleet

first_imgThe Netherlands-based shipping company JR Shipping Group has expanded its container feeder fleet by purchasing a vessel and entering into a new management contract.The two vessels, which were transferred to the shipping company, will be registered under the flag of Madeira and sail under the names MV Expert and MV Energy.Rhoon-based Confeeder Shipping & Chartering is responsible for commercial management of the vessels which are now ready to operate in the container feeder market, according to JR Shipping.As informed, the new management contract has been concluded for MV Expert, an 800 TEU short-sea feeder built by Damen Shipyard Group in 2011. This vessel is specifically equipped for 45-feet containers and, with its ice class 1A, the feeder ship can operate in Baltic waters in winter.The purchased vessel, MV Energy, is a 750-TEU feeder which is suitable for all container shapes and sizes, including 45-feet ones. Because of its good maneuverability and limited draught, this vessel is particularly well-suited for deployment in relatively small ports, the company said.Including the new vessel pair, JR Shipping currently operates 20 container feeders, varying in size from 750 up to approximately 1,500 TEU.In July 2019, JR Shipping made a bid for the 750-TEU container feeder. At that point, the vessel was in a state of bankruptcy. Shortly thereafter, an EUR 1.7 million (USD 1.87 million) purchase price was agreed on for the vessel.The shipping company immediately issued a bond loan with the aim of attracting borrowed capital to fund half of the acquisition. For the purpose of raising the remaining investment sum, JR Shipping started issuing MV Energy participations last August. The company also found their way to a diverse group of investors. Thus the total funding was completed in early September.last_img read more

English Premier League Reviews

first_imgAFC BOURNEMOUTH 2 MANCHESTER UNITED 1GOALS:- BOURNEMOUTH: STANISLAS 2nd; KING 54th. UNITED: FELLAINI 24th.A week after toppling reigning Barclays Premier League champions Chelsea, newly promoted Bournemouth shocked Manchester United. After David de Gea was beaten from a corner by Junior Stanislas, United equalised via Marouane Fellaini. The visitors faded after the break and could not fight back after Joshua King fired in from Matt Ritchie’s set piece.CRYSTAL PALACE 1 SOUTHAMPTON 0GOAL:- PALACE: CABAYE 38th.Crystal Palace moved up to sixth in the Barclays Premier League thanks to a Yohan Cabaye winner. The hosts fully deserved their first Barclays Premier League win over Southampton, a victory that also extended Palace’s unbeaten run to three league games. Yannick Bolasie’s cross allowed the unmarked Cabaye to tap home from six yards late in the first half.MANCHESTER CITY 2 SWANSEA CITY 1GOALS:- CITY: BONY 26th; IHEANACHO 90th. SWANSEA: GOMIS 90th.Manchester City went top of the Barclays Premier League on Saturday thanks to Kelechi Iheanacho’s injury-time deflection. City, beaten at Stoke a week ago, struggled against managerless Swansea, who sacked Garry Monk on Wednesday. And after Wilfried Bony lost Ashley Williams to score against his former club, Bafetimbi Gomis’ late equaliser looked like it would earn a point – before Iheanacho’s lucky strike.NORWICH CITY 1 EVERTON 1GOALS:- NORWICH: HOOLAHAN 47th. EVERTON: LUKAKU 15th.Romelu Lukaku scored for the sixth successive time in the Barclays Premier League, but Norwich produced a battling second-half display to hold Everton to their third straight Premier League draw. Lukaku scored with a header from Gerard Deulofeu’s excellent cross. Wes Hoolahan levelled for Norwich from close range before Cameron Jerome missed a great chance for the hosts.SUNDERLAND 0 WATFORD 1GOAL:- WATFORD: IGHALO 4th.Watford claimed their third successive win through Odion Ighalo’s early goal to leave Sunderland in the relegation zone. Ighalo and Black Cats defender Sebastian Coates met Allan Nyom’s low cross at the near post and diverted the ball past Costel Pantilimon. Sunderland took time to find a response but dominated the second half.WEST HAM UNITED 0 STOKE CITY 0These teams drew for the third Barclays Premier League game in a row at the Boleyn Ground. Marco van Ginkel, brought in for the injured Xherdan Shaqiri, had Stoke’s best chance in the first half but he put wide from close range. West Ham enjoyed more action in front of goal but they were denied time after time by Stoke goalkeeper Jack Butland.last_img read more