Sales efforts by industry heavyweight Cido Shipping are filling broker reports across the globe as it cuts its exposure to dry in two. The Hong Kong- and South Korea-based player has sold five bulkers in the last three weeks, shaving off most of its panamax arm, and a supramax. The 70-ship strong...
Asia
Maersk Eindhoven waits for Yokohama clearance
The 13,092 teu , shipping’s most recent reported box spill case, is currently circling in Japanese waters, awaiting clearance by Japanese authorities for transit into APM Terminals Yokohama terminal, planned for this Thursday. The 2010-built ship experienced a loss of engine propulsion for three to...
https://splash247.com/maersk-eindhoven-waits-for-yokohama-clearance/
TechnipFMC clinches Limbayong subsea contract with Petronas
TechnipFMC has announced that its subsidiary FMC Wellhead Equipment has been awarded a major contract by Petronas for the provision of front-end engineering design, and integrated engineering, procurement, construction, installation and commissioning of subsea production system, umbilicals, risers...
https://splash247.com/technipfmc-clinches-limbayong-subsea-contract-with-petronas/
Zodiac Maritime in for four DSME boxships
Eyal Ofer-led Zodiac Maritime has been revealed as the European owner ordering boxships at Daewoo Shipbuilding & Marine Engineering (DSME). The Korean yard revealed last week an order for four containerships without specifying the name of the buyer. Clarkson Research Services in its latest weekly...
https://splash247.com/zodiac-maritime-in-for-four-dsme-boxships/
Pancon Line orders feeder boxship at Hyundai Mipo
South Korean feeder boxship operator Pancon Line has placed an order at domestic shipyard Hyundai Mipo Dockyard for the construction of one 1,800 teu containership. The vessel will adopt the Bangkokmax design, and delivery is scheduled in the first quarter of 2022. Pancon Line said the new ship...
https://splash247.com/pancon-line-orders-feeder-boxship-at-hyundai-mipo/
Liner operations disrupted in Myanmar
The continuous social upheaval in Myanmar has disrupted the liner operations at the country’s ports, causing service suspensions and delays. German containerline Hapag Lloyd has announced a decision to temporarily suspend cargo bookings into Mayanmar as the political situation in the Southeast...
https://splash247.com/liner-operations-disrupted-in-myanmar/
Nisshin Kaiun sells third ship this month
Nisshin Kaiun has emerged of the seller of the ship taken by Globus Maritime as reported by Splash last week. The Japanese firm sold the 2011-built, 80,000 dwt kamsarmax to Nasdaq-listed Globus Maritime for $16.5m. Nisshin Kaiun has been having a significant fleet clearout of late. Brokers report...
https://splash247.com/nisshin-kaiun-sells-third-ship-this-month/
Vietnamese boxship loses power, slams into crane
A feeder boxship slammed into a crane on the Long Tau river near Ho Chi Minh City in Vietnam on Sunday, resulting in the collapse of the crane onto the vessel, and significant damage to the the ship and many boxes, with four containers also reported to have fallen overboard. The incident happened...
https://splash247.com/vietnamese-boxship-loses-power-slams-into-crane/
Kim Heng sells three vessels to Taiwanese offshore wind joint venture
Singapore’s Kim Heng Offshore and Marine has sold three of its vessels to Bridgewater Marine, an offshore wind joint venture set up by the company in Taiwan. The steel barge vessels Kim Heng 186, Kim Heng 1860 and Kim Heng 85 were sold for a total price of S$3m ($2.26m). Kim Heng formed Bridgewater...
https://splash247.com/kim-heng-sells-three-vessels-to-taiwanese-offshore-wind-joint-venture/
Another Maersk ship loses hundreds of boxes overboard in the Pacific
The 13,100 teu Maersk Eindhoven became the latest boxship casualty on the Pacific yesterday, suffering a blackout while en route to California and a subsequent loss of hundreds of containers overboard. The accident happened near Japan as the 11-year-old ship made its way from Xiamen in China to Los...
https://splash247.com/another-maersk-ship-loses-hundreds-of-boxes-overboard-in-the-pacific/