• Hyundai Mipo debuts 20,000 cu m liquefied hydrogen carrier design
    Class society Korean Register has approved Hyundai Mipo Dockyard’s design plans for a 20,000 cu m liquefied hydrogen carrier with the yard now determined to step up commercialisation plans of the new ship type. “The global hydrogen market is estimated to grow by $2.5trn in 2050, taking up 18% of ... read more NewsPublished on 22.10.2020By Sam Chambers
  • 12 Captain’s Table finalists unveiled
    An initial line-up of 12 finalists have been revealed by the organisers of the Captain’s Table, one of shipping’s pre-eminent pitch competitions. The 12 names are in diverse sectors and hail from across the world. Arcus Team, Digimoor, Trames, Sky Drones, Virtual Control, AR Challenges, Dan Compliance, Grey Wings, Forecastle, ... read more NewsPublished on 22.10.2020By Sam Chambers
  • RSC Bio Solutions: Lube choices with IMO 2050 in mind
    For more than 30 years, RSC Bio Solutions has been serving global marine fleets and heavy equipment with technologies including high performance, regulatory compliant sustainable lubricants, cleaners and degreasers. The company has also recently introduced new cleaning and disinfecting technologies to help its marine and industrial heavy equipment and fleet ... read more NewsPublished on 22.10.2020By Splash
  • Western Australia mulls turning away Covid ships
    With cases rising of ships arriving in Western Australia with crew infected by coronavirus, local politicians are talking of turning vessels away. Similar conversations are being had in other Australian states including Queensland while to the south New Zealand is also debating what to do with ships where known cases ... read more NewsPublished on 21.10.2020By Sam Chambers
  • 2020 Bulkers: The case for newcastlemaxes
    Norwegian pure play dry bulk vessel owner 2020 Bulkers is sailing full swing after completing its newbuilding programme this year. Magnus Halvorsen, CEO of 2020 Bulkers, reckons that now capital discipline with regards to new investments is key to survival and profitability in the bulker market. “We ordered our vessels ... read more NewsPublished on 21.10.2020By Splash
  • V.Group takes on 41 boxships from Costamare as part of expanded partnership
    Shipmanagement and services giant V.Group has strengthened an exisiting partnership with Costamare in a move which will see it manage an additional 41 container vessels associated with the Greek company. V.Group will provide a range of management and other marine services from Shanghai and Greece for the 41 vessels, and ... read more NewsPublished on 21.10.2020By Grant Rowles
  • Danes press ahead with development of a two-stroke, ammonia-fuelled engine
    Innovation Fund Denmark, the Danish investment entity, has announced the establishment of a consortium to develop a two-stroke, ammonia-fuelled engine for shipping. It aims to specify and demonstrate an entire, marine-propulsion system that will pave the way for the first commercial order for an ammonia-fuelled vessel. MAN Energy Solutions will ... read more NewsPublished on 21.10.2020By Sam Chambers
  • Zodiac Maritime swoops for another capesize
    Eyal Ofer’s Zodiac Maritime has been identified as the buyer of the 2012-built 180,600 dwt capesize bulker . Multiple shipbroking houses including Seasure Shipbroking, Lorentzen & Stemoco and Intermodal reported that Zodiac bought the Tsuneishi Cebu-built vessel from Nissen Kaiun for $23m, significantly lower than VesselsValue‘s valuation of $26.38m. Earlier ... read more NewsPublished on 21.10.2020By Jason Jiang
  • Seacon Shipping behind NS United capesize acquisition
    Chinese owner Seacon Shipping continues to expand its large bulker fleet, having sealed its third capesize acquisition this year. Shipbroking sources reported last week that the 2008-built 207,900 dwt capesize bulker was sold by Japanese owner NS United for a price of $18.9m, lower than VesselsValue‘s valuation of $21.8m. Early ... read more NewsPublished on 21.10.2020By Jason Jiang
  • Sales clock up at Hamburg Bulk Carriers
    Georg Greilinger and Jens von Husen-led Hamburg Bulk Carriers (HBC) is trimming its fleet at a rapid speed. Broker sources tell Splash that the owner is seeking attention, marketing its biggest ship for sale, the nine-year-old, 80,000 dwt kamsarmax . HBC’s sales focus started in June, offloading a three-year-old handymax ... read more NewsPublished on 21.10.2020By Hans Thaulow
  • Maersk Drilling awarded new drillship contract in Angola by Total
    Maersk Drilling has been awarded a three-well contract by Total E&P Angola utilising 2014-built drillship . The vessel will be employed to drill development wells in Angola’s Block 17, with an estimated duration of 140 days. Maersk Voyager has been on contract to Total in Angola since January, and this ... read more NewsPublished on 21.10.2020By Grant Rowles
  • Van Oord buys into offshore wind farm developer
    Dutch offshore marine service group Van Oord has become a shareholder in Saare Wind Energy following an agreement signed between the two parties. Saare Wind Energy is now developing the Saaremaa offshore wind farm in Estonia and in January Saare and Van Oord agreed to cooperate on the wind farm ... read more NewsPublished on 21.10.2020By Jason Jiang
  • Solstad Offshore restructuring approved
    Norwegian OSV operator Solstad Offshore has received approval for its proposed restructuring at an extraordinary general meeting on Tuesday. The approval comes after the company, formed by the merger of Solstad Offshore, Deep Sea Supply and Farstad, finalised an agreement with key stakeholders for the financial restructuring to the group. The ... read more NewsPublished on 21.10.2020By Jason Jiang
  • Eminence steps up with VLCC deal
    United Arab Emirates-based Eminence Shipping has been linked to its second deal since August. Eminence Shipping is one of many new outfits in the Gulf state bidding for vintage tankers. Its first move was done under the radar, buying the  113,000 dwt aframax, Celestial, from Greek outfit, Coral Shipping. This ship ... read more NewsPublished on 21.10.2020By Hans Thaulow
  • Alpha Bulkers acquires Oldendorff capesize
    Angelicoussis family-backed Alpha Bulkers has acquired the 2011-built 180,600 dwt capesize bulker from German owner Oldendorff Carriers. Both Allied Shipbroking and VesselsValue reported that Alpha Bulkers bought the South Korean-built vessel for a price of $18.4m, significantly under the $20.38m valuation according to VesselsValue. According to VesselsValue data, Alpha Bulkers ... read more NewsPublished on 20.10.2020By Jason Jiang
  • Russian intelligence accused of bringing down Maersk’s IT infrastructure
    Six Russian intelligence officers were charged by the US Justice Department with a string of hacking offences, including the NotPetya ransomware attack that cost Maersk, the world’s top containerline, hundreds of millions of dollars in lost revenues three years ago. Justice Department officials said yesterday the Russian attacks were the ... read more NewsPublished on 20.10.2020By Sam Chambers
  • US blacklists Chinese companies for dealing with IRISL
    The United States has blacklisted six Chinese entities for dealings with Islamic Republic of Iran Shipping Lines (IRISL) in the latest sanctions against Iran. The six companies include Reach Holding Group (Shanghai), Reach Shipping Lines, Delight Shipping, Gracious Shipping, Noble Shipping and Supreme Shipping. Two individuals – Eric Chen, CEO ... read more NewsPublished on 20.10.2020By Jason Jiang
  • PDVSA deploys aframax to unload oil from stricken FSO
    Venezuelan national oil company PDVSA has deployed an aframax tanker to participate in the unloading operations of the floating storage tanker, after the listing vessel sparked concerns of a major oil spill disaster. Data from MarineTraffic shows the Panamanian-flagged Icaro is headed to help out in the urgent offloading of ... read more NewsPublished on 20.10.2020By Jason Jiang
  • Shipping protests sweep across London
    A series of protests across London marked day one of this week’s important International Maritime Organization-led (IMO) Inter-sessional Working Group On Greenhouse Gas Emissions. Environmental campaigns outside IMO headquarters in London are commonplace, but yesterday’s series of rallies, led by Ocean Rebellion, were larger and more widespread. The protest began ... read more NewsPublished on 20.10.2020By Sam Chambers
  • Saga Tankers rebrands and diversifies into renewable energy
    Oslo-listed Saga Tankers has announced a strategy to diversify its business into renewable energy investments and has changed its name to Saga Pure. “Saga sees significant opportunities within renewable energy investments. We have extensive experience from developing companies within the renewable energy universe, e.g. from the global leader within hydrogen ... read more NewsPublished on 20.10.2020By Jason Jiang
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