ShipOracle News
Mercuria Energy Trading has signed up for a fresh pair of very large crude carriers in China. The Swiss trader and charterer has struck a deal worth $240m with China State Shipbuilding Corporation for the construction of one owned and one chartered-in VLCC newbuild. The 300,000 dwt ships will be conventionally fueled and built at …
https://splash247.com/mercuria-seals-vlcc-newbuilds/
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ShipOracle News
Commodities giant Trafigura has contracted four ammonia dual-fuel midsize gas carriers at HD Hyundai Mipo Dockyard in South Korea. The vessels will carry LPG or ammonia, with the first delivery due in 2027. One of the world’s largest charterers, with around 400 ships under management, said the latest order was part of the company’s commitment …
https://splash247.com/trafigura-orders-ammonia-dual-fuel-gas-carriers/
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ShipOracle News
A new report from broker Braemar suggests mainstream tanker charterers might relax their ‘under 20’ rule over the coming couple of years as rates remain heightened and the tanker fleet ages to levels not experienced this century. Braemar analysis shows a full 18% of the world tanker capacity is likely to be over 19 years …
https://splash247.com/mainstream-tanker-charterers-consider-relaxing-their-under-20-rule/
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ShipOracle News
The global dry bulk shipping community has converged in Switzerland this week for today’s grand opening of the first Geneva Dry, a conference designed to be the annual summit for shipping’s largest sector. Myriad parties on the sidelines of Geneva Dry organised by trading houses, shipowners, port agents, tech firms and brokers have given the …
https://splash247.com/inaugural-geneva-dry-launches/
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ShipOracle News
Two six-year-old, 174,000 cu m Korean LNG carriers have anchored in the layup waters of Labuan in Malaysia having remarkably never entered the gas trades thanks to faulty containment systems. South Korean media suggest the SK Shipping vessels – the SK Serenity and SK Spica – are now likely to be sold for scrap. Last …
https://splash247.com/pair-of-six-year-old-lng-carriers-primed-for-scrapping-having-never-traded/
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ShipOracle News
Dominion Energy has announced that any reports that the Coastal Virginia Offshore Wind (CVOW) project has been delayed are false and grossly misrepresent the facts.“On April 29, anti-wind groups filed a petition in the United States District…
https://www.marinelink.com/news/coastal-virginia-offshore-wind-project-513382
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ShipOracle News
The Unified Command recovered the body of another missing victim at the Key Bridge incident site on May 1, 2024.The victim is identified as Miguel Angel Luna Gonzalez, 49, of Glen Burnie, Maryland.Unified Command salvage teams located one of…
https://www.marinelink.com/news/fifth-victim-recovered-key-bridge-513383
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ShipOracle News
The El Nino climate phenomenon, not climate change, drove lower rainfall last year that reduced the Panama Canal's water levels and contributed to shipping restrictions that disrupted global trade, a study released on Wednesday found.Prioritizing…
https://www.marinelink.com/news/panama-canal-snarls-blamed-el-nino-water-513370
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ShipOracle News
The U.S. Navy's Submarine Industrial Base (SIB) program launched the Southern California Talent Pipeline Program in Newport Beach, Calif., April 26. The program will engage hundreds of shipbuilding and ship sustainment suppliers across the region…
https://www.marinelink.com/news/us-navy-expands-shipyard-talent-pipeline-513372
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ShipOracle News
Ferry operator Scandlines announced changes to its executive management team, hiring Eric Gregoire and Mikael Koch Jensen to join the company as CEO and CFO respectively.Gregoire will start in July 2024 and comes from a position as CEO of Goodpack Pte Ltd. in Singapore.
https://www.marinelink.com/news/scandlines-announces-executive-management-513373
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