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Dalian Shipping Co has been established this week as a new, government‑backed shipping venture supported by Hengli – the world’s fastest‑growing shipbuilder – marking a concerted push by local authorities and yard industry champions to return the northeastern city back to past maritime glories. The new company combines public sector backing from municipal and provincial …
https://splash247.com/dalian-shipping-launched-with-local-government-backing-and-hengli-support/
https://splash247.com/dalian-shipping-launched-with-local-government-backing-and-hengli-support/A landlocked nation best known for its banking sector is quietly making inroads into commercial ship registration, with Luxembourg’s maritime registry securing its second Greek-operated vessel and building what its promoters describe as a healthy pipeline of additional tonnage from one of shipping’s most influential owner communities. The oil and chemical tanker Theanoula, a 183 …
https://splash247.com/luxembourg-maritime-administration-the-boutique-flag/
https://splash247.com/luxembourg-maritime-administration-the-boutique-flag/On March 9, the IMO sub-committee on Ship Systems and Equipment convened for its 12th session (SSE12), and DNV reports that the action plan to evaluate the adequacy of fire protection, detection and extinction arrangements in vehicle, special…
https://www.marinelink.com/news/interferry-says-vessel-differences-need-537059
https://www.marinelink.com/news/interferry-says-vessel-differences-need-537059Ports of Indiana has opened its first international trade office in Ireland to grow cargo shipments and support the launch of a direct Europe-Indiana container service. Maritime trade veteran, Brian Dooley, will lead the new European Trade Office…
https://www.marinelink.com/news/ports-indiana-opens-ireland-trade-office-537062
https://www.marinelink.com/news/ports-indiana-opens-ireland-trade-office-537062The International Maritime Pilots’ Association (IMPA) is calling attention to the consequences of deregulation and competition in maritime pilotage:Maritime pilotage is a public, not commercial, service that exists for the safety of navigation — protecting people…
https://www.marinelink.com/news/impa-makes-case-against-competition-537064
https://www.marinelink.com/news/impa-makes-case-against-competition-537064lomarlabs has entered a collaboration with Blaze Energy to pilot a third-generation, compact, engine-integrated fuel reformer designed to accelerate the practical adoption of alternative fuels in commercial shipping.The collaboration will culminate in a pilot installation onboard a Lomar vessel…
https://www.marinelink.com/news/onboard-fuel-reforming-system-pilot-537065
https://www.marinelink.com/news/onboard-fuel-reforming-system-pilot-537065Nasdaq-listed tanker owner Performance Shipping has secured a sale and leaseback deal for its LR1 newbuilding currently under construction in China. Under the agreement, the vessel being built at Jiangsu New Yangzi Shipbuilding for delivery in early 2027 will be sold to an unaffiliated third party and chartered back to the company on a bareboat …
https://splash247.com/performance-shipping-seals-sale-and-leaseback-for-lr1-newbuild/
https://splash247.com/performance-shipping-seals-sale-and-leaseback-for-lr1-newbuild/New York-listed suezmax specialist Nordic American Tankers (NAT) has sealed a deal to sell a 2005-built vessel for about $40m, continuing its steady disposal of older tonnage. The Herbjørn Hansson-led company did not disclose the identity of the vessel or the buyer. The latest deal follows a string of sales aimed at rejuvenating the fleet. …
https://splash247.com/nordic-american-tankers-sells-vintage-suezmax-for-40m/
https://splash247.com/nordic-american-tankers-sells-vintage-suezmax-for-40m/Swedish tanker owner Stena Bulk will see a change at the top later this year, with long-serving chief executive Erik Hånell set to step down in December. Hånell, who has led the company for 14 years and spent a total of 27 years within the wider Stena group, will remain on the company’s board following …
https://splash247.com/stena-bulk-ceo-erik-hanell-to-step-down-after-14-years/
https://splash247.com/stena-bulk-ceo-erik-hanell-to-step-down-after-14-years/Greek boxship Euroseas has moved into the high-reefer segment with an order for two 2,800 teu newbuilds at Huanghai Shipbuilding in China. The vessels, designed for trades with high refrigerated cargo demand, will each be fitted with more than 1,000 reefer plugs, with delivery set for June and August 2028. The Nasdaq-listed tonnage provider said …
https://splash247.com/euroseas-books-high-reefer-boxship-newbuilds-in-china/
https://splash247.com/euroseas-books-high-reefer-boxship-newbuilds-in-china/