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The global containership orderbook is closing in on the 13m teu mark, with carriers increasingly turning their attention away from megaships and towards smaller and medium-sized tonnage, according to new data from Alphaliner. The consultancy reports that the cellular containership orderbook now stands at 12.98m teu across 1,592 vessels, equivalent to 38.3% of the existing …
https://splash247.com/container-shipping-is-thinking-small-again/
https://splash247.com/container-shipping-is-thinking-small-again/Abu Dhabi-listed AD Ports Group has increased its holding in Dubai-based Global Feeder Shipping to 81% after acquiring an additional 30% stake for AED1.1bn ($300m). The deal sees AD Ports exercise a call option agreed as part of its earlier investment in GFS, one of the largest container feeder operators in the world. The transaction …
https://splash247.com/ad-ports-tightens-grip-on-global-feeder-shipping/
https://splash247.com/ad-ports-tightens-grip-on-global-feeder-shipping/Vessel transits through the Strait of Hormuz are picking up as international efforts intensify to move stranded ships out of the Gulf in a controlled manner. Allied Shipbroking said the waterway has “begun to breathe again, but only just” following the memorandum of understanding signed between the US and Iran, with completed transits rising to …
https://splash247.com/imo-and-oman-orchestrate-phased-reopening-of-hormuz/
https://splash247.com/imo-and-oman-orchestrate-phased-reopening-of-hormuz/Oman said it would keep the Strait of Hormuz open to shipping without imposing any tolls and had designated two temporary routes north and south of the existing shipping lane to facilitate the safe passage of vessels departing the region.In coordination with the International Maritime Organization…
https://www.marinelink.com/news/oman-opens-alternative-hormuz-lanes-540579
https://www.marinelink.com/news/oman-opens-alternative-hormuz-lanes-540579London-listed dry bulk owner Taylor Maritime is set to return at least $45m to shareholders after agreeing two more vessel-related disposals. The Ed Buttery-led company said it had sold one vessel that had been subject to a purchase option, generating net proceeds of $11.4m. Taylor Maritime has also agreed terms for the sale of its …
https://splash247.com/taylor-maritime-adds-two-more-deals-to-disposal-run/
https://splash247.com/taylor-maritime-adds-two-more-deals-to-disposal-run/US private equity giant Oaktree Capital Management is set to further reduce its stake in Danish product tanker owner Torm. A filing with the US Securities and Exchange Commission shows that Oaktree-linked OCM Njord Holdings has filed to sell 3.5m class A shares in the Nasdaq-listed company. The proposed sale values the shares at about …
https://splash247.com/oaktree-files-to-sell-103m-worth-of-torm-shares/
https://splash247.com/oaktree-files-to-sell-103m-worth-of-torm-shares/New York-listed VLGC owner Dorian LPG has ordered a new very large gas carrier at HD Hyundai as it moves to renew its fleet in a strong freight market. The John Hadjipateras-led company has signed up for one 90,000 cu m VLGC at the South Korean shipbuilding group for delivery in July 2029. The vessel …
https://splash247.com/dorian-lpg-books-vlgc-newbuild-and-sheds-older-trio/
https://splash247.com/dorian-lpg-books-vlgc-newbuild-and-sheds-older-trio/Three projects across Scotland have been awarded almost £1.7m ($2.25m) to boost training and skills for the country’s growing offshore wind sector. The funding will support the creation of a regional skills hub for the Highlands and Islands, the expansion of engineering construction programmes, and the development of new training courses at North East Scotland …
https://splash247.com/scotland-awards-funds-to-boost-offshore-wind-skills-pipeline/
https://splash247.com/scotland-awards-funds-to-boost-offshore-wind-skills-pipeline/Robert Gordon University’s Energy Transition Institute has warned that the next five years will be decisive for the North East of Scotland’s energy economy, as a new report sets out stark choices facing the region’s offshore workforce. The ‘Delivering Positive Energy’ report argues that the period to 2030 will not only shape the future of …
https://splash247.com/energy-transition-report-warns-of-offshore-workforce-cliff-edge/
https://splash247.com/energy-transition-report-warns-of-offshore-workforce-cliff-edge/An evacuation plan to enable hundreds of ships with some 11,000 seafarers stranded in the Gulf to sail through the Strait of Hormuz is underway after Iran and the U.S.
https://www.marinelink.com/news/evacuation-plan-underway-vessel-stranded-540565
https://www.marinelink.com/news/evacuation-plan-underway-vessel-stranded-540565