A design for China shipbuilding’s first methanol-fuelled ultramax bulk carrier has been revealed at the Marintec exhibition in Shanghai. Cyprus-based bulker player Lemissoler Navigation has secured approval in principle from class society ABS for its design of a 65,000 dwt vessel, claimed to be the...
In the coming months ahead of the inaugural Geneva Dry event organised by Splash, we will be sitting down with key names attending the dry bulk mega summit. In the hot seat today: John Michael Radziwill. Cape markets have been on a spin worthy of the famous casino in Monte Carlo this month, spiking...
https://splash247.com/geneva-dry-dialogues-john-michael-radziwill/
Danish carrier AP Moller-Maersk has selected the AE7 string connecting Asia and Europe through the Suez Canal for the deployment of the first of its 18 large methanol dual-fuel newbuilds. Starting February 9, 2024, the 16,000 teu ship built by Hyundai Heavy Industries (HHI) in South Korea will...
https://splash247.com/asia-europe-tradelane-set-to-welcome-maersks-16000-teu-methanol-fuelled-ship/
Hayfin Capital Management has generated around $400m for its shipping fund, bolstering its ability to acquire assets worth up to $1bn when combined with conservative loan financing. The UK alternative investment platform said it plans to invest across each of the industrial maritime sectors, with a...
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To make shipping climate neutral, we need green corridors around the world where ships can bunker green fuels. With a new pact, Denmark and USA will explore the potential … |
https://maritime-professionals.com/green-corridors-pact-is-a-brilliant-idea/
Now that it has fixed its future ownership with the Saverys family back in control, tanker giant Euronav has lifted the option for one more VLCC at Qingdao Beihai in China and ordered two suezmaxes at Daehan Shipbuilding in South Korea. Euronav now has three VLCCs on order at Qingdao Beihai with...
https://splash247.com/euronav-orders-one-vlcc-and-two-suezmaxes/
Norwegian seismic player PGS has been awarded a 3D exploration contract in Asia Pacific. The survey is scheduled to start in December and has a total duration of approximately 50 days. The Oslo-listed PGS said it will mobilise its seismic vessel for the project. The 2008-built vessel previously...
https://splash247.com/pgs-secures-contract-work-for-seismic-vessel-in-asia-pacific/
Semisub rig owner Dolphin Drilling has terminated a contract with Peak Petroleum in Nigeria for its 1974-built Blackford Dolphin. The Øystein Stray Spetalen-backed company said the move followed the “continued breach of the contract” between the companies. The firm contract signed in March, which...
https://splash247.com/dolphin-drilling-scraps-nigeria-semisub-deal/
Belgian marine contractor DEME and Greek renewable energy developer and independent power producer Faria Renewables have signed a cooperation agreement to explore opportunities and co-develop offshore wind farms in Greece. The opportunity for offshore wind development in Greek waters is expected...
https://splash247.com/deme-forms-offshore-wind-partnership-in-greece/
Nestlé, the world’s largest food and beverage company, has teamed with Maersk, CMA CGM and Hapag-Lloyd, to move the equivalent of half of its global shipping needs to alternative fuels with immediate effect. By switching to cargo ships that use fuels made from waste, such as used cooking oil, the...
https://splash247.com/nestle-fixes-alternative-fuel-contracts-with-maersk-cma-cgm-and-hapag-lloyd/