ShipOracle News
China Energy Shipping Investment (CESI), a joint venture between COSCO Shipping and Sinopec, is set to order three 175,000 cu m LNG carriers worth around $761m. In a regulatory filing, Sinopec said the Hong Kong-incorporated investment holding company, 51% owned by Shanghai Cosco Shipping LNG, a subsidiary of COSCO Shipping Energy Transportation and 49% owned …
https://splash247.com/cosco-and-sinopec-venture-readies-lng-carrier-orders/
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ShipOracle News
Another week, and more images of giant wind-assisted creations bolted on to decks of huge merchant ships. This week’s two most eye-catching wind-assisted ship propulsion developments come from France and Singapore. Starting in Europe, , the world’s first hybrid industrial cargo ship powered by wind (pictured above), now sports four Oceanwings – automated, collapsible and …
https://splash247.com/more-amazing-images-of-wind-assisted-ships-emerge/
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ShipOracle News
Lauritzen Bulkers has added to its fleet, taking full ownership of three ships. The Copenhagen-based handysize player announced the delivery of the 2017-built Asian Bulker and Australian Bulker and the 2015-built Iceland Bulker. All three cranefitted vessels joined the company’s fleet in August. VesselsValue data shows the company currently owns eight handies with an average …
https://splash247.com/lauritzen-bulkers-adds-three-handies/
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ShipOracle News
Two seafarers are feared dead after a general cargo ship capsized in Japanese waters having collided with a boxship. The accident happened just before midnight last night some 15 km off the coast of Wakayama prefecture to the south of Osaka. The 72.58 m long flipped over having come into contact with TS Lines-chartered 148 …
https://splash247.com/two-feared-dead-as-japanese-ship-capsizes-following-collision/
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ShipOracle News
Tomorrow marks 250 days to go until the inaugural Geneva Dry, the global dry bulk summit linking every rung in the commodities supply chain. The numbers speak for themselves in terms of how the dry bulk community has lapped up this unique event: 29 confirmed speakers, 22 sponsors, dozens of paid delegates, not forgetting one …
https://splash247.com/250-days-to-go-geneva-dry-by-numbers/
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ShipOracle News
Nicolas Saverys has opted to remain firm on his initial bid to take over Belgian gas shipowner and infrastructure provider Exmar, despite shareholders’ push for an increase in the price. After failing in its first bid, Saverys’ investment vehicle Saverex is maintaining its offer of €11.1 per Exmar share, which will be reopened this Monday, …
https://splash247.com/saverys-holds-firm-on-exmar-price-as-he-reopens-takeover-bid/
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ShipOracle News
Global shipping bodies have been urged to come together to share transit plans at one of the world’s key maritime chokepoints with officials at the Panama Canal Authority warning yesterday that water-conserving measures will be in place for at least the next 10 months. Faced with an unprecedented drought this year, combined with the onset …
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ShipOracle News
On August 25, NYK was commissioned by a consortium comprising ENEOS Corporation, Electric Power Development (J-POWER), and JX Nippon Oil & Gas Exploration to conduct a study on the marine transportation of liquefied carbon dioxide (CO2).The…
https://www.marinelink.com/news/nyk-conduct-study-transportation-507524
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ShipOracle News
Spanish police have made a record cocaine seizure, finding 9.5 tonnes of the drug hidden among boxes of bananas in a shipping container from Ecuador in the southern port of Algeciras.The stash was the largest ever found in a single container in Spain…
https://www.marinelink.com/news/spanish-police-record-cocaine-bust-507528
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ShipOracle News
The Baltic Exchange's main sea freight index fell on Friday to finish its worst week since early-June, weighed down by lower rates for capesize and panamax vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities…
https://www.marinelink.com/news/baltic-dry-index-logs-worst-week-two-507529
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