Transworld And Fleet Management Form New Joint Venture

Credit: Export Org UK

Leading maritime companies Transworld Group and Fleet Management (FLEET) have established a new ship management joint venture, Transworld Fleet Management.

Transworld Group’s fleet

This will provide dedicated technical management services to Transworld Group’s diversified fleet which includes container vessels, bulk carriers, and tankers, besides Transworld associated and affiliated vessels. The new venture would thus also support and provide value-added ship management...

https://mfame.guru/transworld-and-fleet-management-form-new-joint-venture/

Russia-Linked Oil Tanker Fleet Vandalized Already?

Credit:Natalya-letunova-unsplash

It is difficult to keep track of who is assisting Moscow in getting its oil to buyers all over the world. A fleet of tankers that sprang out of nowhere to keep Russia’s oil moving has disbanded even faster than it emerged, as published on Bloomberg.

Safe shipping

According to Equasis, a global maritime database created to encourage safe shipping, Mumbai-based Gatik Ship Management now manages a fleet of only four oil tankers. It possessed 42 as of April, having...

https://mfame.guru/russia-linked-oil-tanker-fleet-vandalized-already/

Why LR1s And MR1s Have Fallen Out of Favour?

LR1 tankers, which range in size from 60,000 to 84,999 dwt, and MR1s (34,000 to 40,999 dwt) are fading away. Among the most popular clean petroleum product tankers 15 years ago, the two tanker segments are now ageing fast with a scant orderbook and little appetite to contract new vessels, says an article published in splash247.

Report From Alphatanker

A new report from Alphatanker shows there are just five LR1s and two MR1s on order, which equates to around 1% of each fleet respectively.

“Going...

https://mfame.guru/why-lr1s-and-mr1s-have-fallen-out-of-favour/

Matson takes delivery of another of its Hawaii fleet renewal ships

Matson Inc., a U.S. cargo carrier in the Pacific, recently took delivery of the 870’x114′ Matsonia, the second of two new Kanaloa Class combination container/roll-on, roll-off (“Con-Ro”) ships built by General Dynamics NASSCO. The two are the largest vessels of their kind ever built in the U.S., Matson officials said. They join two new containerships, Daniel K Inouye and Kaimana Hila, in completing the renewal of Matson’s Hawaii fleet.

Matsonia and sistership Lurline have a deep draft of 38′ and...

https://www.workboat.com/news/shipbuilding/matson-takes-delivery-of-another-of-its-hawaii-fleet-renewal-ships/