REGIONS EQUIPMENT FINANCE CORPORATION C/O LMR FREIGHT

  • Engineering District : 18 0
  • TSO Series Number : 5 0
  • Principal Commodity List : GRAIN, FERTILIZER, STEEL AND ORE 0
  • Area of Operation : INLAND RIVER SYSTEMS 0
  • Vessels
    • Dry Covered Barge : 20 0
    • Vessels List : MTC 0
  • Address
    150 BALLARD CIRCLE PADUCAH KY 42001
  • Contact
    • Phone : 504-568-1010 0
150 BALLARD CIRCLE PADUCAH KY 42001

Managed Vessel

MTC

  • Type : 41 0
  • Construction : A 0

Related News [REGIONS EQUIPMENT FINANCE CORPORATION C/O LMR FREIGHT]

Tankers Transiting Strait of Hormuz Face Disruption as Tensions Rise

Tankers Transiting Strait of Hormuz Face Disruption as Tensions Rise

At least two supertankers made U-turns near the Strait of Hormuz following U.S. military strikes on Iran, shiptracking data shows, as more than a week of violence in the region prompts vessels to speed, pause, or alter their journeys.Washington's decision to join Israel's attacks on Iran has stoked fears that Iran could retaliate by closing the strait between Iran and Oman through which around

Sanctions Buster: Traders Rebrand Venezuelan Oil for China as 'Brazilian' - sources

Sanctions Buster: Traders Rebrand Venezuelan Oil for China as 'Brazilian' - sources

Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian crude over the past year, according to two tanker tracking firms, company documents and four traders, helping buyers to cut logistics costs and circumvent U.S. sanctions.Independent refiners in China are the main buyers of seaborne oil shipments from countries sanctioned by the United States

Potential Return of Container Ships to Red Sea Following US-Houthi Ceasefire Could Collapse Freight Rates

Potential Return of Container Ships to Red Sea Following US-Houthi Ceasefire Could Collapse Freight Rates

The prospect of a large scale return of container ships to the Red Sea following the announcement of a ceasefire between the US and Houthi militia in Yemen would flood the market with shipping capacity and cause a global collapse in freight rates, but the situation remains far from certain.

MSC Baltic III Grounded, Crew Safe

MSC Baltic III Grounded, Crew Safe

Canada’s Marine Communications and Traffic Services received a MAYDAY on Saturday from the MSC Baltic III as it ran aground located approximately 12 nautical miles outside the entrance to Bay of Islands, Newfoundland and Labrador, Canada.The vessel reported a loss of power, and unable to secure an anchor in the adverse conditions, grounded in Wild Cove west of Lark Harbour.

Hapag-Lloyd Closes $4B Financing for 24 New Container Ships

Hapag-Lloyd Closes $4B Financing for 24 New Container Ships

Container shipping firm Hapag-Lloyd has secured long-term financing, in the amount of $4 billion, for 24 large container ships ordered in October 2024, with a combined capacity of 312,000 TEU.Around $900 million of the purchase price will be financed using the company’s own funds. A total of $500 million will be made available from two banks in the form of bilateral mortgage loans.

$2.9B Maritime Development Fund Created by India

$2.9B Maritime Development Fund Created by India

India is set to establish a 250-billion-rupee ($2.9 billion) maritime development fund to provide long-term financing for the country's shipbuilding and repair sector, Finance Minister Nirmala Sitharaman announced on Saturday.The initiative aligns with Prime Minister Narendra Modi’s vision of transforming India into a developed nation by 2047.

Sanctions Bite, Drive Cost of Russian Oil Shipments Soaring

Sanctions Bite, Drive Cost of Russian Oil Shipments Soaring

The trade of Russian oil for March-loading in Asia has slowed significantly as a growing gap between buyer and seller expectations in China has emerged. This disconnect comes amid rising costs for chartering non-sanctioned tankers following new U.S. sanctions, according to traders and shipping data.

BIMCO's Shipping Number of the Week

Dry bulk contracting falls 70% below average amid low rates.“Over the past three months, dry bulk newbuilding contracting has been 70% below the yearly average. Declining freight rates in recent months, a cloudy outlook and high newbuilding prices contributed to the slowdown, and contracting in 2024 will likely fall short of 2023 levels,” says Filipe Gouveia, Shipping Analyst at BIMCO.

LNG Shipping Rates Tumble as New Vessels Enter Market

LNG Shipping Rates Tumble as New Vessels Enter Market

Liquefied natural gas shipping rates have hit multi-year lows and may extend losses going into 2025, analysts and shipping sources said, with new tankers being added at a faster rate than LNG production is rising and spot demand still tepid.New LNG tankers, built in anticipation of rising U.S.

OSVs Gain New Life

OSVs Gain New Life

Faced with an aging fleet, the Woods Hole, Martha’s Vineyard and Nantucket Steamship Authority has turned to converted offshore support vessels (OSV) to breathe new life into its ferry operations.The operator announced its purchase of the OSVs HOS Shooting Star and HOS Lode Star from Hornbeck Offshore Services in 2022, to replace its open-deck freight vessels Gay Head and Katama

Maersk Warns of Escalating Disruption as Red Sea Attacks Persist

Maersk Warns of Escalating Disruption as Red Sea Attacks Persist

The negative impact on maritime shipping and global supply chains from attacks in the Red Sea continues to intensify as traffic is rerouted away from the Suez Canal, Danish shipping company A.P. Moller-Maersk said on Thursday.Attacks in the Red Sea by Iran-aligned Houthi militants have disrupted a route vital to east-west trade, with prolonged rerouting of shipments

Sources Say Germany to Take a Big Stake in Meyer Werft

Sources Say Germany to Take a Big Stake in Meyer Werft

The German government plans to take a temporary majority stake in Meyer Werft, one of the world's top cruise ship builders, as part of measures to support the company, sources familiar with the matter told Reuters on Thursday.German Chancellor Olaf Scholz is said to visit shipbuilder Meyer Werft today, raising union hopes for government support for the company which is battling to fill a 2.