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Japan’s Sumitomo Corporation, Kawasaki Kisen Kaisha (K Line), and NYK Bulkship have teamed on a new ammonia bunkering vessel for Singapore. Under a memorandum of understanding, the partners will jointly carry out a front-end engineering design (FEED) study and assess ownership options for the newbuild vessel, aimed at supporting ammonia as a marine fuel in …
https://splash247.com/japanese-majors-step-up-ammonia-bunkering-push-in-singapore/
https://splash247.com/japanese-majors-step-up-ammonia-bunkering-push-in-singapore/Several U.S. allies rebuffed Donald Trump's call on Monday to send warships to escort tankers through the Strait of Hormuz, drawing criticism from the U.S. president, who accused Western partners of ingratitude after decades of support.The U.S.…
https://www.marinelink.com/news/trump-upset-nations-reject-call-hormuz-537025
https://www.marinelink.com/news/trump-upset-nations-reject-call-hormuz-537025Panama Ports Company (PPC), a unit of Hong Kong conglomerate CK Hutchison 0001.HK, said on Monday that the Panamanian government failed to file its response by the March 13 deadline in an international arbitration brought by the company.PPC…
https://www.marinelink.com/news/ck-hutchison-says-panama-missed-537026
https://www.marinelink.com/news/ck-hutchison-says-panama-missed-537026Gulf Arab states did not ask the U.S. to go to war with Iran, but many are now urging it not to stop short by leaving the Islamic Republic still able to threaten the Gulf’s oil lifeline and the economies that depend on it, three Gulf sources told Reuters.At the same time…
https://www.marinelink.com/news/gulf-states-press-us-neutralize-iran-537027
https://www.marinelink.com/news/gulf-states-press-us-neutralize-iran-537027Seadrill has announced that Sonadrill Holding, its 50:50 joint venture with an affiliate of Sonangol E.P., has been awarded a contract extension.A seven-well priced option for the ultra-deepwater drillship Sonangol Quenguela has been exercised…
https://www.marinelink.com/news/seadrill-awarded-contract-extension-537030
https://www.marinelink.com/news/seadrill-awarded-contract-extension-537030As oil started to climb, freight followed suit, continuing to feed the already rising global inflation picture, while the U.S. Dollar wore the crown jewel of the week, rising notably against all of the major international ship recycling markets, says cash buyer GMS.
https://www.marinelink.com/news/volatility-challenges-ship-recyclers-537031
https://www.marinelink.com/news/volatility-challenges-ship-recyclers-537031San Diego State University announced a partnership with Samsung Heavy Industries (SHI), a global leader in shipbuilding and offshore engineering, during a memorandum of understanding signing ceremony held on the university’s campus March 12.The…
https://www.marinelink.com/news/sdsu-samsung-heavy-industries-announce-537032
https://www.marinelink.com/news/sdsu-samsung-heavy-industries-announce-537032An ATSB preliminary investigation report details the circumstances leading up to the brief grounding of the Australian research vessel Nuyina off Heard Island, 4,000 km south-west of Perth, October 13 last year.The grounding occurred while Nuyina…
https://www.marinelink.com/news/atsb-releases-preliminary-report-nuyina-537033
https://www.marinelink.com/news/atsb-releases-preliminary-report-nuyina-537033The Philippines said on Monday it rejected Beijing's assertion of sovereignty over the entire South China Sea, disputing a claim by China's embassy that a Filipino diplomat had once conceded the disputed Scarborough Shoal was not part of Philippine…
https://www.marinelink.com/news/philippines-rejects-chinas-claim-537034
https://www.marinelink.com/news/philippines-rejects-chinas-claim-537034Sumitomo Corporation, Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and NYK Bulkship (Asia) have entered into a memorandum of understanding (MoU) to jointly conduct a Front-End Engineering Design (FEED) study and explore the ownership of a newbuild…
https://www.marinelink.com/news/japanese-consortium-plans-ammonia-537035
https://www.marinelink.com/news/japanese-consortium-plans-ammonia-537035