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China has gained another foothold in one of shipbuilding’s toughest segments with Dalian Shipbuilding Industry Co (DSIC) delivering its first LNG carrier, the Sea Spirit, to China Merchants Energy Shipping. The 175,000 cu m vessel was handed over in Dalian earlier this week, marking the yard’s entry into a sector long dominated by South Korea’s …
https://splash247.com/another-yard-joins-lng-elite-as-dsic-delivers-sea-spirit/
https://splash247.com/another-yard-joins-lng-elite-as-dsic-delivers-sea-spirit/Chinese automotive giant Geely Holding has expanded its green drive into shipping with the launch of the Yuanchun 001, billed as the world’s first methanol-hydrogen electric multi-purpose riverboat. Unveiled in Hangzhou, the 64 teu vessel is the latest step in Geely’s two-decade push into methanol technology, marking the company’s first full-scale maritime application. The Yuanchun …
https://splash247.com/geely-floats-worlds-first-methanol-hydrogen-electric-riverboat/
https://splash247.com/geely-floats-worlds-first-methanol-hydrogen-electric-riverboat/Several significant trends and forecasts led Splash coverage this week, from substantial expansion of container handling capacity to warnings that the overall global shipping environment is entering a period of fragile growth marked by geopolitical uncertainty, rising environmental compliance costs, and challenges like port congestion and the need for digital security. The United Nations Conference …
A new report from the Global Maritime Forum and All Aboard Alliance lays bare the invisible barriers that keep shipping’s leadership ranks homogeneous — and warns that industry growth may be stunted if it can’t tap its full diversity. The Diversifying Maritime Leadership survey — built on 108 in-depth interviews across sea and shore roles …
https://splash247.com/68-of-women-in-maritime-say-theyve-faced-bias/
https://splash247.com/68-of-women-in-maritime-say-theyve-faced-bias/Container freight rates are sliding further, with Drewry’s World Container Index (WCI) dropping 8% this week to $1,761 per feu — the fifteenth consecutive weekly decline. The fall is being felt across key trade lanes, with carriers struggling to hold the line despite capacity cuts. Spot rates from Shanghai to Los Angeles fell 10% to …
https://splash247.com/box-rates-rates-sink-to-lowest-levels-since-red-sea-crisis/
https://splash247.com/box-rates-rates-sink-to-lowest-levels-since-red-sea-crisis/Global shipping companies are moving full steam ahead with commercial vessel orders from Chinese shipyards, despite the U.S. targeting those ships with port fees aimed at countering China's maritime dominance, a new report from the Center for…
https://www.marinelink.com/news/chinese-shipyard-orders-strong-despite-us-530448
https://www.marinelink.com/news/chinese-shipyard-orders-strong-despite-us-530448The ocean takes center stage on World Maritime Day 2025, as the IMO celebrates how the industry is stepping up action to protect the ocean.This year’s World Maritime Day, observed globally on 25 September, focuses on the sector’s impact on the marine environment…
https://www.marinelink.com/news/world-maritime-day-focuses-marine-530449
https://www.marinelink.com/news/world-maritime-day-focuses-marine-530449Qingdao Beihai shipyard has ordered 10 × Everllence B&W 7G80ME-LGIM (Liquid Gas Injection Methanol) Mk 10.5 engines in connection with the construction of 10 × 325,000 dwt very large ore carriers (VLOC) for Chinese shipping companies, Shandong…
https://www.marinelink.com/news/chinese-companies-order-methanolfueled-530453
https://www.marinelink.com/news/chinese-companies-order-methanolfueled-530453Several news items this week highlight the potential consequences of uncertainty in the energy market.Fugro scrapped its annual outlook and announced further job cuts, citing an impact from project delays. The company said that projects in the…
https://www.marinelink.com/news/uncertainty-reduces-new-oil-gas-530454
https://www.marinelink.com/news/uncertainty-reduces-new-oil-gas-530454The United Nations is celebrating 80 years this year, and this week’s general assembly is meeting under the theme: Better together: 80 years and more for peace, development, and human rights.The UN Charter was signed on June 26, 1945, and came into force October 24 that year.From its founding…
https://www.marinelink.com/news/better-together-united-nations-turns-530455
https://www.marinelink.com/news/better-together-united-nations-turns-530455