Bulker operator SDTR Marine eyes CCS options

Singapore-headquartered bulker operator SDTR Marine has entered into a Joint Development Project (JDP) with classification society DNV that will explore the feasibility of installing a carbon capture and storage (CCS) system on an 85,000 dwt Kamsarmax bulk carrier.

As part of the JDP, DNV and SDTR Marine will collaborate on a techno-economic analysis of CCS implementation aboard the bulk carrier. Utilizing DNV’s FuelPath, the study aims to evaluate the economic viability of different fuel and...

https://www.marinelog.com/legal/environment/bulker-operator-sdtr-marine-eyes-ccs-options/

Port pilot killed in Russian attack on merchant ship

According to multiple reports, a Russian missile attack on a civilian vessel entering the port of Pivdennyi in Odesa yesterday saw the Ukrainian port pilot killed and injured crewmembers.

Ukrainian national news agency Ukrinform says that the Russian army struck the Liberian-flagged bulk carrier Kmax Ruler with a Kh-31P missile as it was entering port and that “as a result, the pilot was killed, and another port employee and three crewmembers, citizens of the Republic of the Philippines, were...

https://www.marinelog.com/news/port-pilot-killed-in-russian-attack-on-merchant-ship/

OneGlobal Shipping Market Report for October 2023

Credit: Vidar Nordli-Mathisen on Unsplash

The attack by Hamas on Israel in October 2023 led to uncertainties in the oil supplies and global economic risks. The WTO reduced global trade projections, and during this time Chinese investors divested US assets at a four-year high level. Various developments were witnessed in the maritime and energy sectors including LNG and maritime industry changes.

Economy:
  • There is increasing concern about global oil supply due to the Hamas attack against Israel.
  • Wo...

https://mfame.guru/oneglobal-shipping-market-report-for-october-2023/

Pangaea bulker is the first to gain Silent (E) notation

ship with Silent (E) notation

Newport, R.I., based Pangaea Logistics Solutions Ltd. (Nasdaq: PANL) reports that its 95,000 dwt. post-panamax dry bulk carrier Nordic Nuluujaak has been awarded the Silent (E) class notation by, making it the first dry bulk carrier to ever receive the certification. The Silent (E) Notation is a select designation given to vessels with a demonstrated ability to effectively reduce environmental noise emissions, consistent with a focus on protecting sensitive marine ecosystems. Nordic Nuluujaak...

https://www.marinelog.com/legal/environment/pangaea-bulker-is-the-first-to-gain-silent-e-notation/

Stam Shipping Sells Recycling Bulk Carriers

Credit: Alba-I-Ernst-Gert-Schmidt-Marine-Traffic

Stam Shipping sells bulk carrier for recycling, writes Adis Ajdin for Splash 247.

Greece’s Stam Shipping

Greece’s Stam Shipping appears to have sold its last remaining bulk carrier for recycling.

Cash buyer Best Oasis reported that the 2001-built Alba I has gone to Bangladesh for an undisclosed price tag.

Stam bought the 74,800 dwt panamax as Fortune Trader for a reported price of $9.3m in October last year. The ship’s scrap value is around $7.15m,...

https://mfame.guru/stam-shipping-sells-recycling-bulk-carriers/

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