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The Philippines is moving to overhaul regulation of its shipbuilding and ship repair sector, targeting a one-stop shop and simplified approval process as Manila looks to make domestic yards more competitive. The Maritime Industry Authority (MARINA) and the Anti-Red Tape Authority (ARTA) have drawn up a series of proposed reforms aimed at shortening processing times, …
https://splash247.com/philippines-moves-to-slash-shipyard-red-tape/
https://splash247.com/philippines-moves-to-slash-shipyard-red-tape/Belgium’s Exmar has secured a 10-year floating LNG infrastructure deal in Ivory Coast, reviving plans for an import terminal at Abidjan that have been on the drawing board for a decade. The Antwerp-based gas shipping and infrastructure group has entered into agreements with state-owned CI-Energies and Petroci covering the lease of a 152,000 cu m …
https://splash247.com/exmar-lands-10-year-abidjan-fsru-deal/
https://splash247.com/exmar-lands-10-year-abidjan-fsru-deal/The Port of Huelva has awarded a 50-year concession to ZAL Huelva for the construction and operation of a new logistics zone at Punta del Sebo, advancing a project the Spanish gateway has been working on for several years. The concession covers more than 147,000 sq m inside the port service area and follows a …
https://splash247.com/huelva-awards-50-year-concession-for-new-logistics-zone/
https://splash247.com/huelva-awards-50-year-concession-for-new-logistics-zone/Geneva-based Advantage Tankers has been linked to another pair of suezmax newbuildings at Samsung Heavy Industries, doubling up at the South Korean yard as its tanker ordering spree continues. Shipbroking sources have placed the Tugrul Tokgoz-led owner behind two crude tankers Samsung disclosed this week as part of a wider six-ship, KRW1.65trn ($1.2bn) haul. Samsung …
https://splash247.com/advantage-doubles-up-at-samsung-with-200m-suezmax-pair/
https://splash247.com/advantage-doubles-up-at-samsung-with-200m-suezmax-pair/Dutch chartering company Transito has launched a new service combining sea freight and inland shipping under one contract, as low water levels and other disruptions put more pressure on cargo movements between European seaports and the hinterland. The service, named Total Freight, covers the sea voyage, port handling, transhipment and onward transport by inland vessel. …
https://splash247.com/transito-launches-combined-sea-and-inland-freight-service/
https://splash247.com/transito-launches-combined-sea-and-inland-freight-service/The U.S. is expanding its icebreaking fleet to strengthen Arctic and domestic access, and support commercial shipping, seabed resources, subsea cables and fisheries. Current plans include 1–3 heavy Polar Security Cutters (PSCs), 11 medium Arctic Security Cutters (ASCs)…
https://www.marinelink.com/news/update-plans-uss-icebreaking-fleet-543020
https://www.marinelink.com/news/update-plans-uss-icebreaking-fleet-543020SNAME’s M-50 Sustainable Fuels Technology and Research panel has given itself the task to try to figure out if there actually is a preferred sustainable fuel out there.This is a massive rabbit hole effort that does not fixate on the state of the art…
https://www.marinelink.com/news/serfs-expensive-sustainable-fuels-a-543021
https://www.marinelink.com/news/serfs-expensive-sustainable-fuels-a-543021The future of maritime safety will not be determined by a choice between people and technology but will instead depend on how effectively the industry combines them. Capt. Naoki Saito, General Manager and Head of the Cyber Security Ship Management Systems Department…
https://www.marinelink.com/news/human-perspective-future-maritime-safety-543022
https://www.marinelink.com/news/human-perspective-future-maritime-safety-543022"Since the start of July, Panama Canal bulker transits have fallen 22% y/y. Bulkers have faced increased competition for transit slots from other sectors, especially tankers, as the US has boosted energy exports to Asia. El Niño is also expected to lead to lower water levels…
https://www.marinelink.com/news/el-nios-sting-bulk-vessel-panama-canal-543023
https://www.marinelink.com/news/el-nios-sting-bulk-vessel-panama-canal-543023Global LNG prices could shoot higher this winter as Europe holds its lowest stocks in years and North Asian buyers face increased competition with the Strait of Hormuz still closed, executives said at an industry conference this week.Europe…
https://www.marinelink.com/news/lng-prices-projected-spike-european-543024
https://www.marinelink.com/news/lng-prices-projected-spike-european-543024