• Shipping of CO2 goes mainstream with MOL investing in Norwegian pioneer
    Shipping of CO2 is going mainstream with news Japan’s largest shipping line is moving into the sector. Until now, the movement of carbon dioxide cargoes at sea has been a very niche trade, but a host of developments in the last 12 months suggest CO2 has a bright future as ... read more NewsPublished on 19.03.2021By Sam Chambers
  • Ships born again with ‘smoothie’ fuel
    In a 12-month trial, United European Car Carriers (UECC) replaced conventional fuel with biofuel onboard the 20-year-old, 140 m long roro vessel . The results show how ageing assets can potentially be transformed into environmental frontrunners. In March 2020 the 6,500 dwt car carrier, boasting a 2,080 vehicle capacity, started ... read more NewsPublished on 19.03.2021By Sam Chambers
  • Number of installed scrubbers has doubled since last year’s global sulphur cap introduction
    The price gap between low and high sulphur fuel oil has failed to hit the highs scrubber advocates would have wanted to justify their investments in the 15 months since the start of the global sulphur cap and yet the number of exhaust gas containment systems installed since the key ... read more NewsPublished on 19.03.2021By Sam Chambers
  • Tsakos to join Cargill-Maersk Tankers MR tanker pool
    Greek owner Tsakos Group is set to join the Cargill-Maersk Tankers joint MR pool this month, entering three vessels. The company will place MR tankers Apollo, Aris and Artemis from Singapore, Gibraltar and the US Gulf into the pool. “We look forward to a close, long-term collaboration with our new ... read more NewsPublished on 19.03.2021By Jason Jiang
  • Seanergy adds two more capes, taking fleet to 14
    Nasdaq-listed Greek capesize bulker owner Seanergy Maritime Holdings has acquire two secondhand capesize vessels. Seanergy has splashed out $55m for the Japanese pair, a 2013-built 176,000 dwt cape and a 2010-built 182,000 dwt cape. Brokers have yet to identify the 2013-built cape, however are reporting the sale of the 2010-built ... read more NewsPublished on 19.03.2021By Grant Rowles
  • Equator Fund orders LNG carrier at China Merchants Heavy
    Shenzhen-based Equator Fund has entered into a shipbuilding contract with China Merchants Heavy Industry for the construction of a 45,000 cu m LNG carrier. The ship will adopt the LNT A-Box design, and delivery is scheduled in 2023. It is expected to provide shipping service for domestic clean energy firms. ... read more NewsPublished on 19.03.2021By Jason Jiang
  • Northstar Marine expands fleet, forming offshore wind partnership with Laredo
    New Jersey-based Northstar Marine has announced that the company has acquired two offshore units and entered into an alliance with Laredo Offshore Services, as it looks to provide more services to the emerging offshore wind sector. The company has acquired liftboat Northstar Voyager which currently undergoing a refit and USCG ... read more NewsPublished on 19.03.2021By Jason Jiang
  • Aker Solutions awarded offshore decommissioning work
    Aker Solutions has signed a letter of intent with Heerema Marine Contractors for decommissioning work related to the Heimdal and Veslefrikk fields, offshore Norway. The scope includes reception, dismantling and recycling of three offshore installations from the Heimdal and Veslefrikk fields. The contract value is between NOK200m and NOK 700m ... read more NewsPublished on 19.03.2021By Jason Jiang
  • DDW Offshore seals charter and sale of AHTS pair
    Akastor subsidiary DDW Offshore has entered into bareboat charter agreements with Brazilian subsea company OceanPact Servicos Maritimos for anchor handling tug supply vessels Skandi Saigon and Skandi Pacific. The charters commence during the second quarter and are for a period of 26 months, at the end of which OceanPact will ... read more NewsPublished on 19.03.2021By Grant Rowles
  • DOF seals contracts for three PSVs
    Norway’s DOF Group has sealed charter contracts for three of its platform supply vessels. 2011-built PSV has been fixed to Ithaca Energy (UK) for a period of 2 years firm, commencing in April. The contract also includes two one-year options. The vessel has been working in the UKCS since 2019. ... read more NewsPublished on 19.03.2021By Grant Rowles
  • Queue jumpers dog Singapore’s vaccine rollout
    Splash has unearthed many non-key workers who have jumped the queue for a Covid-19 vaccine in Singapore. Many citizens and residents in the Lion Republic have used vague shipping-related job descriptions to ensure they get a priority Covid-19 vaccine ahead of key workers, including in maritime, as well as the ... read more NewsPublished on 19.03.2021By Sam Chambers
  • Blue sky thinking about game changing moonshots
    I recently put out an all-points bulletin to PR firms to stop using the term ‘game changing’. Last week I added the term ‘moonshot’ to my growing list of comms terms that make me shudder and generally slam the delete button on a release in my inbox. I came across ... read more NewsPublished on 18.03.2021By Sam Chambers
  • Hunan Shunda orders another ultramax at New Dayang
    Chinese inland shipping firm Hunan Shunda International Logistics has entered into a newbuilding contract with New Dayang Shipbuilding to build a 59,900 dwt ultramax bulker. The vessel will be deployed for Yangtze River and domestic coastal shipping after delivery in 2023. Hunan Shunda entered into shipowning last year after taking ... read more NewsPublished on 18.03.2021By Jason Jiang
  • Haldor Topsoe and Aquamarine to build green ammonia facility in Germany
    Danish clean fuels provider Haldor Topsoe and private equity firm Aquamarine have entered into a memorandum of understanding (MoU) to build a green ammonia facility in northern Germany close to existing offshore wind farms. The facility is planned to include a 100 MW solid oxide electrolyzer cell (SOEC) electrolysis unit ... read more NewsPublished on 18.03.2021By Sam Chambers
  • Dry bulk FFA prices rocket
    Forward freight agreement deals done in the past 24 hours point towards a very bullish outlook for the dry bulk sector throughout 2021. “Yesterday proved another day apt to change contact lenses,” quipped analysts from Lorentzen & Stemoco in a daily markets report today. “The figures in the FFA market ... read more NewsPublished on 18.03.2021By Sam Chambers
  • Brazilian ports get the digital twins treatment
    Wilson Sons, the largest integrated port and maritime logistics operator in Brazil, has bought a minority stake Docktech, an Israeli startup. The deal also includes a commercial exclusivity agreement to install Docktech’s technology throughout Brazilian ports. With the digital twins technology developed by Docktech and, through the data collected by its ... read more NewsPublished on 18.03.2021By Sam Chambers
  • China Merchants Jinling awarded domestic newbuild contracts
    China Merchants Jinling Shipyard has announced that it has secured two newbuilding contracts from domestic owners. Zhuhai Wang Tong Shipping has ordered a 4,225 cu m LPG carrier at the shipyard with delivery scheduled in 2022. The company mainly operates domestic coastal gas shipping services. Additionally, domestic tanker operator Xing ... read more NewsPublished on 18.03.2021By Jason Jiang
  • Anglo American orders dual-fuel capesize pair at Waigaoqiao
    Global mining Group Anglo American has placed an order at Waigaoqiao Shipbuilding for the construction of two LNG dual-fuel capesize bulk carriers. The 187,000 dwt ships will adopt LNG as primary fuel and diesel as secondary fuel. Delivery of the ships are scheduled in 2023. Anglo American operates a chartered fleet ... read more NewsPublished on 18.03.2021By Jason Jiang
  • Diana Shipping offloads another panamax
    Greek dry bulk owner Diana Shipping has announced the sale of 2006-built panamax bulker for $11.25m. The vessel, which has a market value of $9.8m according to VesselsValue, will be delivered to its new owners by July 30. Diana Shipping did not reveal the buyers, and the transaction has yet ... read more NewsPublished on 18.03.2021By Grant Rowles
  • Weekly Broker: Bulker scramble
    Everyone in shipping is looking on enviously at the dry bulk sector. After so many false dawns over the past 12 years, the sector is finally taking off – with day after day of improving rates and analysts pointing towards a very solid year ahead. The scramble for secondhand bulker ... read more NewsPublished on 18.03.2021By Jason Jiang
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