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South Korean carrier HMM has submitted a letter of intent to expand its terminal in Algeciras, Spain. The plan, lodged with the Algeciras Port Authority, outlines an €150m ($177m) expansion project. HMM itself will invest €35m, with the remainder funded by CMA CGM, the terminal’s second-largest shareholder, along with external financing. The terminal, TTIA, is …
https://splash247.com/hmm-moves-to-expand-algeciras-terminal/
https://splash247.com/hmm-moves-to-expand-algeciras-terminal/Pierre Aury discusses all things nuclear shipping. The first wind-powered boats were sailing more than 5,000 years ago. Wind propulsion reached a golden age of sail in the mid-19th century, and the last commercial ocean-going sailing ship was the Pamir, which sank off the Azores in 1957. Built in 1905, she was 114 m long …
https://splash247.com/has-shipping-painted-itself-in-a-co2-corner/
https://splash247.com/has-shipping-painted-itself-in-a-co2-corner/BHP has signed five-year charter contracts with COSCO Shipping Bulk for two ammonia dual-fuelled newcastlemax bulk carriers. The two 210,000 dwt vessels, expected to be delivered from 2028, will primarily transport iron ore from Western Australia to Northeast Asia. BHP vice president of maritime and supply chain excellence, Emma Roberts, said: “We believe this investment …
https://splash247.com/bhp-signs-charters-with-cosco-for-ammonia-powered-newcastlemax-newbuilds/
https://splash247.com/bhp-signs-charters-with-cosco-for-ammonia-powered-newcastlemax-newbuilds/Taiwan’s TS Lines has bolstered its newbuilding programme through a new deal with a Chinese shipyard, Huangpu Wenchong Shipbuilding The intra-Asia focused carrier has commissioned five firm and five optional 5,000 teu vessels, each priced at about $62.5m and scheduled for delivery in 2028, according to shipbroking sources. The Guangzhou-based yard has become a key …
https://splash247.com/ts-lines-locks-in-up-to-10-newbuilds-at-huangpu-wenchong/
https://splash247.com/ts-lines-locks-in-up-to-10-newbuilds-at-huangpu-wenchong/Four crew members died after a jackup barge owned by Saudi oil and gas driller ADES capsized on Tuesday evening, some 300 km south of the Suez Canal. Egyptian authorities said that the incident happened off Ras Ghareb, located on the African side of the Gulf of Suez, around 130 nautical miles from the southern …
https://splash247.com/jackup-barge-sinks-in-gulf-of-suez-four-dead/
https://splash247.com/jackup-barge-sinks-in-gulf-of-suez-four-dead/Washington Governor Bob Ferguson announced he has selected the $714.5 million bid from Florida-based Eastern Shipbuilding Group to build three new 160-vehicle hybrid-electric ferries. “We’re restoring domestic service to pre-pandemic levels years ahead of schedule…
https://www.marinelink.com/news/esg-wins-bid-build-washington-state-527530
https://www.marinelink.com/news/esg-wins-bid-build-washington-state-527530The Iranian military loaded naval mines onto vessels in the Persian Gulf last month, a move that intensified concerns in Washington that Tehran was gearing up to blockade the Strait of Hormuz following Israel's strikes on sites across Iran, according to two U.S.
https://www.marinelink.com/news/iran-made-preparations-mine-strait-hormuz-527531
https://www.marinelink.com/news/iran-made-preparations-mine-strait-hormuz-527531Greece introduced a 20-euro ($23) fee on tourists arriving on Santorini by cruise ship on Tuesday to try to rein in overtourism and collect revenues to upgrade the island's infrastructure.The volcanic island in the Aegean Sea attracts about 2 million tourists a year…
https://www.marinelink.com/news/greece-imposes-levy-santorini-cruise-527532
https://www.marinelink.com/news/greece-imposes-levy-santorini-cruise-527532The Lake Carriers’ Association reports that shipments of limestone on the Great Lakes totaled 3.5 million tons in June, an increase of 6.5% from 2024.However, this June’s loadings were below the month’s five-year average by 1.9%.Loadings out of U.S.
https://www.marinelink.com/news/great-lakes-limestone-trade-june-527533
https://www.marinelink.com/news/great-lakes-limestone-trade-june-527533In a webinar organized by the Maritime Authority of Jamaica this week, some of the top names in the maritime world came together to endorse the International Maritime Organization’s Day of the Seafarer initiative.This year Day of the Seafarer took the theme of ‘My Harassment-Free Ship…
https://www.marinelink.com/news/jamaica-promotes-antibullying-campaign-527534
https://www.marinelink.com/news/jamaica-promotes-antibullying-campaign-527534