vessels

Maersk Inks Letter Of Intent

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Maersk entered into a letter of intent with Yangzijiang Shipbuilding for the construction of eight, plus an optional four, 8,000-TEU wide-beam container vessels, says an article published on Riviera.

Larger feeder-sized vessels

BRL said if Maersk firms the letter, the cost per ship will be US$115M.

This is part of a trend which has now seen more than 100 larger feeder-sized vessels, some now more than 9,000 TEU.

Economy of scale 

“The long-term outlook is that feeders will...

https://mfame.guru/maersk-inks-letter-of-intent/

OPEC+ Curbs Spark 85% Rout In Oil Tanker Rates

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Benchmark rates for oil-carrying supertankers have collapsed as OPEC+ follows through on a surprise vow to slash supply to shore up prices, reducing volumes shipped across the world’s oceans, says an article published on Yahoo.

Share prices of listed owners

Vessels hauling 2 million barrels of crude from the Middle East to China are earning a little over $14,000, down from more than $97,000 on March 20, according to Baltic Exchange data.

That’s dented the share prices...

https://mfame.guru/opec-curbs-spark-85-rout-in-oil-tanker-rates/

In focus: In pressing need for GHG reduction, vessel decarbonization efforts power ahead

In a pressing need to reduce global greenhouse gas emissions (GHG), the shipping sector and offshore vessel services providers are certainly the protagonists in the whole decarbonization story. However, although we are seeing an increasing number of initiatives, we still have a long way to go.

The...

https://www.offshore-energy.biz/in-focus-in-pressing-need-for-ghg-reduction-vessel-decarbonization-efforts-power-ahead/

Thornton Launches A New Market For Its Thorplas-Blue Bearings

Credit: cottonbro studio/Pexels
  • “We anticipate increased interest for ThorPlas-Blue in this application,” confirmed Holmgren.
  • There is a zero-grease requirement and wear rates improve dramatically.
  • “The self-lubricating properties of the Thordon material mitigate against the risk of hatch cover failure due to bearing seizure, so you do see reduced repair and maintenance costs.”

The self-lubricating ThorPlas-Blue bearings Wilson Ship Management AS (“Wilson”) installed on the hatch cover wheels...

https://mfame.guru/thornton-launches-a-new-market-for-its-thorplas-blue-bearings/

Wuhu Launches LNG-Powered Bitumen Tanker

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China’s Wuhu Shipyard has floated out the second LNG-powered bitumen carrier it is building for Colas Group’s Continental Bitumen, says an article published on LNG Prime.

Bitumen and oil product

Wuhu launched the 21,100-cbm bitumen and oil product LNG-powered tanker, Baltic Narval, on March 7, according to a LinkedIn post by Continental Bitumen’s COO Emmanuel Cornet.

First loading

Cornet expects the first LNG-powered vessel in this batch of two, Atlantic Narval, to...

https://mfame.guru/wuhu-launches-lng-powered-bitumen-tanker/

Wuhu Launches LNG-Powered Bitumen Tanker

Credit: venti-views-unsplash

China’s Wuhu Shipyard has floated out the second LNG-powered bitumen carrier it is building for Colas Group’s Continental Bitumen, says an article published on LNG Prime.

Bitumen and oil product

Wuhu launched the 21,100-cbm bitumen and oil product LNG-powered tanker, Baltic Narval, on March 7, according to a LinkedIn post by Continental Bitumen’s COO Emmanuel Cornet.

First loading

Cornet expects the first LNG-powered vessel in this batch of two, Atlantic Narval, to...

https://mfame.guru/wuhu-launches-lng-powered-bitumen-tanker/

New Amendments For The Sea Pollution Fines

Credits: Fredrick Filix/Unsplash

Pollition fines for Turkish waters have been amended regarding to Environmental Code with a new law numbered 7410 published in the Official Gazette on 15 June 2022, says an article published on Mondaq

Categories of Marine Pollution
  1. Sewage water
  2. water mixed with detergent
  3. foam
  4. exhaust gas
  5. washwater
  6. similar washing waters and solid wastes.

Fines

  1. Most important amendment is twofold fine will be implemented if the marine pollution occured by the vessel in the Special...

https://mfame.guru/new-amendments-for-the-sea-pollution-fines/

Top 15 Dry Bulk Shipping Companies In 2022

Credits: Erik Odiin/Unsplash

If there is one sector that can truly be said to form the backbone of the modern day world, it is the shipping industry. Each day countless ships traverse the oceans to supply goods from one country to another.

Shipping on Trans-Pacific routes

The scope of today’s shipping can be gauged from the fact that in 2020 — even as the coronavirus pandemic was in full swing — a staggering 25 million twenty feet equivalents (TEUs) of cargo shipped on the Trans-Pacific routes....

https://mfame.guru/top-15-dry-bulk-shipping-companies-in-2022/

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