Danish shipping giant Norden has revealed new activity in the sale-and-purchase market with five transactions recently closed in the dry and wet segments. The move is in line with the company’s intention to realise asset values, the Jan Rindbo-led owner and operator said. The Hellerup-based company...
Dry Cargo
Massive shipowner attendance confirmed for next month’s Geneva Dry
Alberta Shipmanagement, Alcos Transport, A.O. Schifffahrt, Ariston Navigation, Asiatic Lloyd Maritime, and Asyad Shipping Company are just the shipowners beginning with A who will be attending next month’s Geneva Dry, an event that is shaping up as one of this year’s largest gatherings of...
https://splash247.com/massive-shipowner-attendance-confirmed-for-next-months-geneva-dry/
El envío de ESL extiende el acuerdo de transporte de materia prima con SSAB
Envío de ESL El envío de ESL, parte del conglomerado finlandés ASPO y el fabricante global de acero SSAB han acordado una extensión de varios años para el transporte de transportes de mar de materia prima entrante dentro del Mar Báltico y desde el Mar del Norte. El nuevo contrato también cubre el...
Jinhui vende veterano supramax
Jinhui Holdings El propietario y operador chino de Bulker, Jinhui Shipping and Transportation, ha descargado uno de sus supramaxes mayores en su primera venta en más de un año. La compañía que cotiza en la lista de Oslo y Hong Kong está enviando al Jin Shun de 2007 a Honk Kong Incorporated Yuhe...
https://fullavantenews.com/jinhui-vende-veterano-supramax/?lang=es
ESL Shipping extends raw material transport deal with SSAB
ESL Shipping, part of Finnish conglomerate Aspo, and global steel manufacturer SSAB have agreed a multi-year extension for the transport of inbound raw material sea transports within the Baltic Sea and from the North Sea. The new contract also covers transport of SSAB’s fossil-free sponge iron...
https://splash247.com/esl-shipping-extends-raw-material-transport-deal-with-ssab/
Fredriksen takes 10% stake in Star Bulk Carriers
Shortly after his exit from one of Europe’s largest dry bulk owners, Golden Ocean, shipping tycoon John Fredriksen has flagged a fresh play in the bulkers arena at Greece-based giant Star Bulk Carriers. A filing to the US Securities and Exchange Commission (SEC) shows that Fredriksen-affiliated...
https://splash247.com/fredriksen-takes-10-stake-in-star-bulk-carriers/
Jinhui sells veteran supramax
Chinese bulker owner and operator Jinhui Shipping and Transportation has offloaded one of its older supramaxes in its first sale in more than a year. The Oslo- and Hong Kong-listed company is shipping out the 2007-built Jin Shun to Honk Kong incorporated Yuhe Shipping in a deal worth $8.26m. The...
$100m per VLCC port call: American targeting of Chinese tonnage risks backfiring
The Monday deadline is fast approaching for public comments on the US Trade Representative’s investigation into China’s dominance in shipbuilding after which president Donald Trump will make a ruling. Submissions to the Washington body have been numerous, some full of praise, and plenty of others...
Case for engine retrofits clouded by lack of green fuels
Failure to scale up suitable quantities of well-priced green fuels has blunted a projected rush to retrofit ships with cleaner engines, a delay that will potentially bring a bottleneck at repair yards further down the line, according to a new study from Lloyd’s Register (LR). The British...
https://splash247.com/case-for-engine-retrofits-clouded-by-lack-of-green-fuels/
Orix buys Sojitz Shipping
Japanese finance and trading house Orix Corporation is buying 70% of Sojitz Shipping from parent Sojitz with the shipping subsidiary set to change name to Somec Corporation. Shoei Kisen, a member of the Imabari Shipbuilding Group that handles ship leasing, will also invest in Somec, and Sojitz...