In 2022, Chinese shipbuilders reached a market share of 47% and for the first time exceeded the combined market share of Japanese and South Korean shipyards, according to new data released by BIMCO. Ships delivered to new owners by Chinese shipyards in 2022 totalled 14.6m compensated gross tonnes...
https://splash247.com/chinas-shipbuilding-market-share-exceeds-japan-and-south-korea-combined/
Japan’s Nippon Yusen Kaisha (NYK) has sealed a crew transfer vessel (CTV) time charter contract with wind turbine maker Siemens Gamesa. The vessel will transport workers to the offshore wind farm at Ishikari Bay New Port, which is scheduled to begin commercial operation in December 2023. The...
https://splash247.com/nyk-seals-crew-transfer-vessel-charter-with-siemens-gamesa/
Shareholders of Sembcorp Marine (Sembmarine) voted to merge with Keppel Offshore & Marine (Keppel O&M) today paving the way for the consolidation of the Singapore shipyard scene. The $4.5bn deal won the approval of 95.28% of voting shareholders at a virtual extraordinary general meeting. With the...
https://splash247.com/singapore-mega-yard-merger-moves-ahead/
Eastern Pacific Shipping (EPS) has announced the successful installation of Value Maritime’s Filtree system onboard its managed vessel Pacific Cobalt in Rotterdam. The Filtree system, which filters sulphur and 99% of particulate matter, includes Value Maritime’s carbon capture and storage (CCS)...
UK-headquartered rig owner Aquadrill and a subsidiary of rig manager Energy Drilling Management have secured a deal for the provision of tender-assisted drilling barge T-15 for operations in Thailand. The contract is for a firm period of eight-and-a-half months plus a priced optional period of up...
https://splash247.com/aquadrill-reveals-new-contract-in-thailand/
Greek boxship owner Euroseas is pursuing legal action against Singapore-based Continental Shipping Line (CSL) for not honoring the time charter deal agreed upon last year. The Nasdaq-listed company re-fixed its smallest and oldest vessel, , to CSL in February 2022 for a period of 36 to 39 months at...
https://splash247.com/euroseas-goes-after-continental-shipping-line-for-charter-repudiation/
On 6 February 2023, a first earthquake with a magnitude of 7.8 on the Richter scale, followed by at least two other major earthquakes, hit Türkiye and Syria causing widespread destruction of public and private infrastructure, hitting thousands of households and causing thousands of casualties.
Thousands of buildings have suffered serious damage, including schools and health care facilities and other public infrastructure such as roads, airport, ports, oil terminals, electricity lines, water...
https://maritime-professionals.com/earthquake-paralyses-turkish-ports/
LNG shipowner Cool Company (CoolCo) has filed for a direct listing on theNew York Stock Exchange (NYSE). In connection with a listing on the NYSE, the Eastern Pacific Shipping-led company also expects to change its ticker code on Euronext Growth Oslo from COOL to CLCO. F CoolCo CEO Richard Tyrrell...
Yang Ming is being tipped by Alphaliner as putting pen to paper for a series of 15,000 teu ships in South Korea. The Taiwanese liner stands out among the top 10 carriers as the only one with no ships on order, but has recently sought expressions of interest to construct five 15,000 teu LNG...
https://splash247.com/hyundai-heavy-tipped-to-have-won-yang-ming-boxship-series/
Norway’s Østensjø Rederi has been selected to manage and operate the vessel its floatel unit Edda Accommodation called off at Hyundai Heavy Industries. The 155-m abandoned floatel, which has been at the Hyundai shipyard in South Korea since 2016, was acquired for about $80m by the Norwegian tycoon...
https://splash247.com/ostensjo-rederi-to-manage-and-operate-fredriksens-floatel/