An explosion erupted onboard a Hong Kong-flagged capesize bulk carrier at Gibraltar Port on Friday, resulting in the injury of four crewmembers. According to local reports, the explosion appeared to occur in the area of the forecastle of the 2020-built 120,600 dwt , which was carrying coal. A total...
https://splash247.com/explosion-onboard-cssc-shipping-bulker-near-gibraltar-injures-four/
Chinese state-owned GNG Ocean Shipping has issued a tender seeking contractors for the design and construction of 50 small LNG-powered bulk carriers. According to the tender notice, the company will construct twenty five 2,000 dwt bulkers and another twenty five 3,000 dwt bulkers. All the vessels...
https://splash247.com/gng-ocean-shipping-to-build-50-lng-powered-bulkers/
Hong Kong-listed Champion Technology, an investment holding company principally engaged in the trading of gasoil, has sold the only tanker in its fleet. The company has sold the 1992-built 41,500 dwt MR tanker to Grandway International Marine for a price of HK$20.18m ($2.6m), lower than...
https://splash247.com/champion-technology-sells-its-only-tanker/
Charterers and shipowners are coming under renewed pressure to stump up cash to alleviate the anguish and monotony of the hundreds of crews caught up in China’s coal spat with Australia. Beijing has banned a range of Australian products including coal after Canberra called for an international...
Wan Hai Lines, along with Mediterranean Shipping Co (MSC), have been the most active buyers of secondhand boxship tonnage over the past six months. While MSC’s appetite seems to have eased, Wan Hai continues to pay top dollar for available tonnage. Brokers report the Taiwanese liner has continued...
https://splash247.com/wan-hai-paying-top-dollar-to-hoover-up-available-box-tonnage/
Hong Kong port operator Hutchison Ports is reentering Saudi Arabia, winning a concession to develop and operate a multipurpose port in Jazan City on the Red Sea in the far southwest of the country near the border with Yemen. The Jazan City for Primary and Downstream Industries (JCPDI) Port will be...
https://splash247.com/hutchison-ports-reenters-saudi-arabia/
Pacific Basin has added another ultramax to its fleet according to brokers. The Hong Kong shipowner has been named by Intermodal and Advanced Shipping & Trading as the buyer of Oshima-built (2011) ultramax . The vessel has been reported as sold by Japan’s Kasuga Shipping for $13.8m, below its...
The team behind the newest entrant to the Asia – Europe container tradelane are looking at adding more voyages amid heightened demand. Splash reported last month on China United Lines’ (CU Lines) decision to enter the east-west tradelane, using a comparatively small ship. The company’s first Asia –...
https://splash247.com/cu-lines-looks-at-further-europe-voyages/
Israeli carrier ZIM has a struck a deal worth more than a $1bn with Seaspan, one of the world’s largest containership charterers, for a series of LNG-fuelled ships. The ten 15,000 teu vessels, to be built at South Korea’s Samsung Heavy Industries, will be deployed on ZIM’s Asia – US East Coast...
https://splash247.com/zim-seals-deal-for-10-seaspan-newbuilds/
Dual fuel ships are set to get a whole new meaning. Italian class society RINA is partnering with the Shanghai Merchant Ship Design & Research Institute (SDARI) to develop a ground-breaking ship design capable of being fuelled by either ammonia or methanol. SDARI will focus on the ship concept...