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Two Chinese outfits have emerged as the buyers behind a pair of vintage capes recently sold by Stamatis Tsantanis-controlled Seanergy Maritime and United Maritime, both of which have now been delivered. According to VesselsValue data, Seanergy’s 2010-built, 180,000 dwt Geniuship (built at HSG Sungdong) has been sold for $21.6m to China Huarong Financial Leasing. In …
https://splash247.com/chinese-seek-out-vintage-capesizes/
https://splash247.com/chinese-seek-out-vintage-capesizes/South Korea’s DM Shipping has placed an order in China for three chemical tankers as the owner looks to strengthen its fleet with next-generation tonnage. The contract covers 33,000 dwt units, worth more than RMB 1.2bn ($168m), at Jiangxi New Jiangzhou Shipbuilding Heavy Industry. Deliveries are scheduled for 2028 and 2029, with all three ships …
With ship demolition volumes at lows not experienced in a decade, some desperate shipbreakers are taking in shadow vessels, with Clarksons Research noting how an uptick in sanctioned vessels being scrapped in India is exerting some pressure on pricing. These sanctioned vessels, often acquired at significantly discounted prices due to their opaque legal and operational …
https://splash247.com/breaking-bad-shadow-ships-head-for-indias-beaches/
https://splash247.com/breaking-bad-shadow-ships-head-for-indias-beaches/A tentative ceasefire between Israel and Hamas may not just reverberate across Gaza — it could upend the maritime battleground in the Red Sea, where Yemen’s Houthi rebels have turned merchant shipping into target practice. The Houthis have long justified their strikes on commercial vessels as solidarity with Palestinians — over 100 attacks since late …
https://splash247.com/gaza-truce-talks-test-houthi-resolve/
https://splash247.com/gaza-truce-talks-test-houthi-resolve/Doha has pulled the plug on navigation with the Qatari Ministry of Transport on Saturday, ordering all vessels to halt navigation in its waters, citing a “technical fault in the GPS” that’s disrupted routes. The move comes amid a regional spike in GPS jamming episodes. Windward reports hundreds of vessels daily have faced interference in …
https://splash247.com/qatar-orders-all-ships-to-stop-due-to-gps-technical-fault/
https://splash247.com/qatar-orders-all-ships-to-stop-due-to-gps-technical-fault/US Customs provided over the weekend more details about the upcoming hiked port fees for Chinese-linked tonnage, due to come into effect next week. The notice makes clear: the burden for determining liability lies squarely with the vessel operator, not US Customs. Vessels failing to show proof of payment may be denied unloading, denied clearance, …
https://splash247.com/us-unveils-payment-rules-for-new-china-vessel-fees/
https://splash247.com/us-unveils-payment-rules-for-new-china-vessel-fees/The criminalization case of Syrian-born, Finnish citizen and Chief Mate Ali Albokhari sentenced to a 30-year prison term for allegedly being part of the smuggling of cocaine from Columbia continues to be fought against by his wife, Elena Albokhari.Ali Albokhari denies the charges.
https://www.marinelink.com/news/wife-seeks-help-husband-facing-years-530750
https://www.marinelink.com/news/wife-seeks-help-husband-facing-years-530750A consortium led by Keppel Ltd. has been appointed by the Energy Market Authority (EMA) and Maritime and Port Authority of Singapore (MPA) to conduct the next phase of the project to develop a low- or zero-carbon ammonia solution on Jurong Island…
https://www.marinelink.com/news/singapore-evaluates-ammonia-bunkering-530751
https://www.marinelink.com/news/singapore-evaluates-ammonia-bunkering-530751In a large-scale program involving 50 different shipowners, A.P. Moller - Maersk is retrofitting around 200 vessels in its time-chartered fleet. The main aim of the program is to reduce the slot cost by improving fuel efficiency and cargo-carrying…
https://www.marinelink.com/news/maersk-retrofits-green-technology-530752
https://www.marinelink.com/news/maersk-retrofits-green-technology-530752German ship manager NSB Group has entered into a partnership with Phlair, a German direct air capture company for the delivery of carbon dioxide removal credits (CDR).The credits will be produced by capturing CO₂ from the atmosphere at Phlair’s direct air capture facility…
https://www.marinelink.com/news/german-ship-manager-partners-direct-air-530754
https://www.marinelink.com/news/german-ship-manager-partners-direct-air-530754