New York-listed Greek owner Costamare has reaffirmed its dry bulk fleet plans, emerging as the highest bidder of one of the few reported cape sales this month. The Konstantinos Konstantakopoulos-led company tabled some $35m for the 12-year-old, Koyo Dock-built Frontier Unity, in a deal with its...
Asia
Ships dismantled worldwide in 2023
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According to new data released by the NGO Shipbreaking Platform, 446 ocean-going commercial ships and offshore units were scrapped in 2023. The vast majority, 325 ships in total, were … |
https://maritime-professionals.com/ships-dismantled-worldwide-in-2023/
MB Shipbrokers and Azolla create decarbonisation solution for retrofits
MB Shipbrokers, formerly known as Maersk Broker, and maritime engineering firm Azolla have started a strategic collaboration aimed at accelerating the decarbonisation efforts of ship owners, operators, and charterers. This partnership addresses the issues of technology, future fuels, regulations,...
https://splash247.com/mb-shipbrokers-and-azolla-create-decarbonisation-solution-for-retrofits/
Malaysian container terminal to get handling capacity boost
Container terminal operator DP World and Malaysia’s Sabah Ports have entered a partnership to manage the Sapangar Bay Container Port and significantly increase its handling capacity. The Sapangar Bay port is one of the main regional trade hubs for the Brunei...
https://splash247.com/malaysian-container-terminal-to-get-handling-capacity-boost/
Red Sea crisis: Boxships travelling between Asia and the Med emitting 63% more emissions
Containerships travelling between Asia and the Mediterranean emitted 63% more emissions in the first quarter than in Q4 last year thanks to the ongoing Red Sea shipping crisis, according to new data from Xeneta, a freight rate platform. Splash has been reporting regularly on the increased emissions...
Seamec clinches DSV extension with Zamil Offshore
Indian offshore vessel operator Seamec has secured a charter extension with Saudi Arabian contractor Zamil Offshore for the dive support vessel Seamec Swordfish. The 2007-built DSV has been fixed for a further 30 days following its initial 90-day contract for work in Saudi Arabia and the United...
https://splash247.com/seamec-clinches-dsv-extension-with-zamil-offshore/
BW LPG shares set to start trading on NYSE next week
VLGC owner and operator BW LPG is poised to see its shares listed on the New York Stock Exchange on Monday, April 29. The Oslo-listed unit of Singapore’s BW Group said that the NYSE had approved the listing and that it expects to start transferring shares on or about April 25. The Kristian...
https://splash247.com/bw-lpg-shares-set-to-start-trading-on-nyse-next-week/
As Shale Oil Gains Slow, Deepwater Port Struggles For Customers
HOUSTON, April 22 (Reuters) – As U.S. shale oil boomed last decade, an oil pipeline company pitched an ambitious multi-billion-dollar export port off the Texas coast to ship domestic crude to buyers in Europe…
https://gcaptain.com/as-shale-oil-gains-slow-deepwater-port-struggles-for-customers/
Maersk sets sights on offshore wind logistics in South Korea
Danish shipping and logistics group Maersk has partnered up with compatriot wind turbine maker Vestas to set up a nacelle factory and logistical base at the Mokpo New Port hinterland complex in South Korea. A memorandum of understanding, signed in the presence of the Governor of Jeonnam Province...
https://splash247.com/maersk-sets-sights-on-offshore-wind-logistics-in-south-korea/
IMO highlights two fraudulent shipping registries
Ahead of this week’s meeting of its legal committee, the secretariat at the International Maritime Organization (IMO) has warned about two shipping registries it deems are fraudulent. Flags being administered allegedly on behalf of Guyana and Eswatini have come in for criticism. Despite the...
https://splash247.com/imo-highlights-two-fraudulent-shipping-registries/