ShipOracle News
Ship maintenance firm HD Hyundai Marine Solution shares jumped by about 44% versus their initial public offering (IPO) price in the company's trading debut on Wednesday, after conducting South Korea's largest IPO in two years.Shares opened at 119,900 won and were last trading at 118,600 won, up shar
https://www.marinelink.com/news/hd-hyundai-marine-solution-jumps-seoul-513535
...See more
ShipOracle News
Seabras Sapura, a Brazilian joint venture between Malaysian offshore player Sapura Energy and Paratus Energy Services, has secured contracts with Petrobras for a full fleet of six pipelay support vessels. The contracts worth $1.8bn are for three years, starting on different mobilisation dates according to each of the PLSVs, with the longest dated contract going …
https://splash247.com/sapura-and-paratus-jv-lands-1-8bn-plsv-contract-with-petrobras/
...See more
ShipOracle News
Greek tanker owner Performance Shipping is expanding its fleet with a fourth newbuild in China. The Nasdaq-listed company has contracted Jiangsu Yangzijiang Shipbuilding Group for a single LR1 chemical/product carrier, adding to its orderbook of three 114,000 dwt LNG-ready LR2 tankers booked at CSSC-affiliated Shanghai Waigaoqiao Shipbuilding. The 75,000 dwt ship, costing around $54.1m excluding …
https://splash247.com/performance-shipping-expands-orderbook-with-lr1-tanker-in-china/
...See more
ShipOracle News
The London P&I Club said that Ian Gooch will be stepping down during the year from the role of CEO after 15 years as CEO and 21 years as a Director of A.Bilbrough & Co., the company that manages The London P&I Club.Subject to regulatory approval…
https://www.marinelink.com/news/bean-tapped-succeed-ian-gooch-london-pi-513516
...See more
ShipOracle News
Cambodia plans to cut shipping through Vietnamese ports by 70% as a result of a $1.7 billion China-funded upgrade of a canal connecting the Mekong River basin to the Cambodian coast, the country's deputy prime minister told Reuters.Sun Chanthol…
https://www.marinelink.com/news/cambodia-cut-shipping-vietnam-new-513517
...See more
ShipOracle News
Traffic was suspended in Turkey's Bosphorus on Tuesday after a bulk carrier had an engine failure at the southern end of the straits that run through Istanbul, shipping agent Tribeca said.It said that the Liberian-flagged bulk carrier Alexis suffered the engine failure at 5 a.m.
https://www.marinelink.com/news/ship-engine-failure-halts-bosphorus-513518
...See more
ShipOracle News
The Baltic Exchange's dry bulk sea freight index extended its rally on Tuesday to hit its highest in more than six weeks, supported by a jump in the large vessel segment.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels…
https://www.marinelink.com/news/baltic-dry-index-scales-sixweek-high-513519
...See more
ShipOracle News
Cruise operator Royal Caribbean Group is in discussions with new and existing markets around the world to recruit thousands of workers to staff its ships and private destinations to keep up with record cruise demand.The number of people taking cruises hit a record in 2023…
https://www.marinelink.com/news/royal-caribbean-recruiting-thousands-meet-513520
...See more
ShipOracle News
Bollinger Shipyards announced it has promoted Andrew “Andy” Naquin to lead its sales team as the company's new Vice President of Sales.“Since joining Bollinger, Andy has been an invaluable addition to our team,” said Ben Bordelon, President and CEO of Bollinger Shipyards.
https://www.marinelink.com/news/bollinger-names-andy-naquin-sales-vp-513521
...See more
ShipOracle News
The ABS-classed Liza Unity has received the first REMOTE-CON notation for an floating production storage and offloading (FPSO) from ABS. The notation demonstrates the vessel’s alignment with remote-control functions and signifies that the design…
https://www.marinelink.com/news/liza-unity-first-fpso-earn-abs-remotecon-513524
...See more