ShipOracle News
Ola Lorentzon has been elected as chairman of another John Fredriksen-backed company. The chairman of dry bulk player Golden Ocean Group and tanker giant Frontline is taking over the chairmanship at Flex LNG, replacing David McManus, who did not stand for re-election. Lorentzon has been a director of Flex since June 2017. He has served …
https://splash247.com/ola-lorentzon-elected-flex-lng-chairman/
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ShipOracle News
Germany’s Hapag-Lloyd has become the first liner in the world to launch a fleet-wide dry container tracking product. Hapag-Lloyd’s new Live Position product provides full on-demand door-to-door visibility, using Internet of Things technology on a large scale. More than two thirds of the company’s dry container fleet have already been equipped with tracking devices with …
https://splash247.com/hapag-lloyd-debuts-dry-container-tracking-product/
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ShipOracle News
Written evidence submitted to the UK parliament by the International Group of P&I Clubs has warned that the oil price cap, introduced 16 months to go in a bid to cut Russian revenues, is not working. British politicians have been holding an inquiry to look at how sanctions against Russia are working. The International Group, …
https://splash247.com/oil-price-cap-increasingly-unenforceable-insurers-warn/
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ShipOracle News
Three African flags stand out this year for their extraordinary growth. The registries of Gabon, the Comoros Islands and Guinea-Bissau have each more than doubled in size in 2024 so far, taking on a significant tranche of the so-called shadow tanker fleet in the process. Gabon, a small Central African nation on the Atlantic coast, …
https://splash247.com/guinea-bissau-emerges-as-this-years-fastest-growing-ship-register/
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ShipOracle News
The Houthis remain on the offensive, taking aim at US naval ships and merchant vessels far away from their Yemeni shoreline. US forces destroyed yesterday one Houthi-launched airborne unmanned aerial vehicle (UAV) on a flight path towards the destroyers USS Philippine Sea and the USS Laboon. No injuries or damages were reported. A Houthi military …
https://splash247.com/houthis-remain-on-the-offensive/
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ShipOracle News
Idan Ofer’s Eastern Pacific Shipping (EPS) has added to its massive orderbook with a fresh deal for MR product tanker newbuilds in China. The Singapore-based diversified shipowner, with more than 70 newbuilding projects, has contracted for up to eight 50,000 dwt product carriers at Fujian Mawei Shipbuilding. The order covers four firm conventionally fueled units …
https://splash247.com/eastern-pacific-books-up-to-eight-product-tankers-at-fujian-mawei/
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ShipOracle News
It is the largest port under construction in South America, something the Chinese ambassador in Lima has claimed will transform a former fishing village 70 km north of the capital into Peru’s Shanghai. However, the construction of Chancay port, set to be opened by president Xi Jinping in November, has not been without controversy. From …
https://splash247.com/coscos-battle-to-open-peruvian-megaport-could-go-to-international-arbitration/
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ShipOracle News
Yemen's Houthis targeted two U.S.
https://www.marinelink.com/news/houthis-claim-attacks-against-two-vessels-513314
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ShipOracle News
The U.S. military's cost estimate to build a pier off Gaza to deliver humanitarian aid has risen to $320 million, a U.S. defense official and a source familiar with the matter told Reuters.The figure, which has not been previously reported,…
https://www.marinelink.com/news/us-militarys-pier-gaza-cost-million-513315
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ShipOracle News
An Italian navy ship shot down a drone fired by Yemen's Houthi rebels and targeting a European cargo, the Italian defense ministry said in a statement on Monday.The drone was intercepted "in the late morning" near the Bab-el-Mandeb strait at the southern end of the Red Sea…
https://www.marinelink.com/news/italy-thwarts-houthi-drone-attack-red-sea-513316
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