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A spectacular fire broke out on an ill-fated car carrier on Friday. The 2004-built Diamond Highway, hit by a fire four years ago, and then grounded in a typhoon two years ago, was being dismantled for scrap on Friday in Cebu in the Philippines when the blaze broke out, which took firefighters 10 hours to …
https://splash247.com/fire-rips-through-ill-fated-car-carrier/
https://splash247.com/fire-rips-through-ill-fated-car-carrier/Danish fuel giant and one of the largest marine fuel suppliers, Bunker Holding, has bolstered its funding framework to $3.2bn securing a record-breaking loan of $1.11bn. The new bank syndicate reflects Bunker Holding’s global reach with the addition of large international banks, the company said, adding that the higher credit facility allows it to extend …
https://splash247.com/bunker-holding-boosts-funding-framework-with-record-1-1bn-deal/
https://splash247.com/bunker-holding-boosts-funding-framework-with-record-1-1bn-deal/Germany’s Reederei Nord has placed an order for two firm 1,930 teu containerships at Guangzhou Wenchong Shipyard for an undisclosed price basis delivery 2025. The order comes with options for two more vessels. According to Maersk Broker, a number of owners have subsequently approached the CSSC-affiliated yard for a series of 2,800 teu and 4,000 …
https://splash247.com/reederei-nord-orders-feeders-in-guangzhou/
https://splash247.com/reederei-nord-orders-feeders-in-guangzhou/Fast-growing UK-based Purus Marine has placed an order for four 45,000 cu m scrubber-fitted LPG carriers at Hyundai Mipo in South Korea, due for delivery from the second half of 2025 going into Q1 2026. Clarksons Research lists the orders as coming in at $68.69m per unit. Established in 2020, the Julian Proctor-led Purus Marine …
https://splash247.com/purus-marine-in-for-lpg-carriers-at-hyundai-mipo/
https://splash247.com/purus-marine-in-for-lpg-carriers-at-hyundai-mipo/George Procopiou’s Dynacom Tankers Management has placed a massive order in China, managing to seal some highly prized 2025 delivery slots. According to Clarksons Research, Dynacom has signed for ten 115,000 dwt scrubber-fitted LR2s at Shanhaiguan Shipbuilding, due for delivery from the second half of 2025, going into 2026. No prices have been revealed for …
https://splash247.com/george-procopiou-orders-10-lr2-tankers-in-china/
https://splash247.com/george-procopiou-orders-10-lr2-tankers-in-china/The , a suezmax with 24 Indian crew operated by Turkey’s Advantage Tankers, remains at an Iranian anchorage, having been seized by Iranian military forces on Thursday. In the ensuing days since the ship – owned by SPDB Financial Leasing of China – was taken in international waters, it has emerged that Iran acted in …
https://splash247.com/seized-tanker-remains-in-iranian-waters/
https://splash247.com/seized-tanker-remains-in-iranian-waters/UK law firm Ince & Co has won a reprieve. The famous brand in maritime law became insolvent last month after losing the support of a major creditor, but has now been taken over by another British law outfit, Axiom DWFM, which has decided to keep the Ince name and to run it as a …
https://splash247.com/law-firm-ince-earns-a-reprieve/
https://splash247.com/law-firm-ince-earns-a-reprieve/Huge containership orders show no signs of easing, despite the recent slide in earnings for global liners. According to Maersk Broker, Taiwan’s Evergreen has released a tender for twenty-four 16,000 teu methanol dual fuel ships, spending some of the billions it has earned over the past couple of years. Shipyards have until May 17 to …
https://splash247.com/evergreen-lines-up-multi-billion-dollar-boxship-orders/
https://splash247.com/evergreen-lines-up-multi-billion-dollar-boxship-orders/Brazil has banned the export of live cattle from all its ports.Reuters reports that federal judge Djalma Gomes’s ruling states: "Animals are not things. They are sentient living beings, that is, individuals who feel hunger, thirst, pain, cold…
https://www.marinelink.com/news/brazil-bans-live-animal-exports-504750
https://www.marinelink.com/news/brazil-bans-live-animal-exports-504750Texas A&M University at Galveston has taken over a new training ship, the TS Kennedy.The 540-foot vessel will enhance year-round training for Texas A&M Maritime Academy cadets in ship navigation and marine engineering systems, maintenance, safety…
https://www.marinelink.com/news/texas-am-takes-mma-training-ship-504752
https://www.marinelink.com/news/texas-am-takes-mma-training-ship-504752