The second episode of the Deep Dive, Splash’s brand new podcast, launches today. Recorded at the Glyfada home of Dagfinn Lunde and Marina Tzoutzouraki, founding partners of eShipfinance.com, the pod takes on a decidedly financial tone this month. As ever, the podcast’s remit is to discuss issues...
https://splash247.com/splash-podcast-finance-and-forest-fires/
Chongqing Port has announced a plan to convert a breakbulk terminal in its Lanjiatuo port area into a grain terminal. The port said the move is to meet the surging grain transshippment demand from the city’s Degan Industrial Park. Under the plan, the port will convert one 3,000 dwt breakbulk berth...
https://splash247.com/chongqing-port-to-convert-breakbulk-terminal-into-grain-terminal/
Chinese state-owned construction giant China Communications Construction Co (CCCC) is preparing a bid to dredge Argentina’s Parana River, the country’s main cargo superhighway that takes soy and corn from the Pampas farm belt to the shipping lanes of the south Atlantic and the world....
https://splash247.com/china-bids-to-dredge-and-deepen-the-parana-argentinas-grains-superhighway/
Qingdao Maritime Court will auction four newbuild chemical tankers from bankrupt Shandong Rushan Shipbuilding via online platform Taobao on August 30. The 21,000 dwt vessel Long He and 15,900 dwt Long Shun were originally ordered by Italian owner Marnavi, and the 6,500 dwt Long An and Long Ping...
https://splash247.com/court-to-auction-off-four-rushan-shipbuilding-chemical-tankers/
Two separate accidents occurred at Samsung Heavy Industries’ Ningbo yard in China on Saturday leading to the death of two workers. One worker got an electric shock when operating a cutting machine and died after being sent to the hospital for emergency treatment. Two hours after the incident,...
https://splash247.com/two-workers-die-at-samsung-ningbo-yard/
Hong Kong’s Pacific Basin continues to add to its fleet with the acquisition of 2012-built ultramax , according to brokers. Both Seasure Shipbroking and Advanced Shipping & Trading report that Pacific Basin has shelled out $17.1m to Japan’s Meiho Kaiun for the Iwagi Zosen-built vessel. The price is...
https://splash247.com/pacific-basin-continues-fleet-growth-with-ultramax-buy/
The application deadline for The Captain’s Table closed in early August with organisers of the Hong Kong-based maritime startup competition now combing through a raft of bids. “We were thrilled that our marketing efforts paid off and that we received 42 applications from startups around the world...
Yangzijiang Shipbuilding’s shares were down almost 15% this afternoon on the Singapore Exchange after it revealed its executive chairman and controlling shareholder, Ren Yualin, has taken a leave of absence to help authorities in China with an unspecified confidential investigation. Ren Letian, the...
The board at Evergreen Marine, Taiwan’s largest shipping line, has approved plans to bring in its largest ships, orders that could see the Chang family-controlled line leapfrog Ocean Network Express (ONE) and Hapag-Lloyd into fifth spot in the global liner rankings. Evergreen said it is looking to...
https://splash247.com/evergreen-commits-to-eleven-new-23000-teu-ships/
Liners are bracing for a tough second half of the year with rates sliding across the board in recent weeks. The Shanghai Containerized Freight Index (SCFI) spot rates from China to North Europe currently stands at just $810 per teu , down 19% since the beginning of the year and is currently 15%...
https://splash247.com/alphaliner-warns-of-tough-second-half-for-asia-north-europe/