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Taiwan’s Wan Hai Lines has set out to expand its fleet with up to 20 methanol dual-fuel vessels. The world’s 11th largest containerline, which had ordered around 40 ships during the box shipping boom of 2021 and 2022, has inked a letter of intent with compatriot shipbuilder CSBC Corporation for 12 firm and four optional …
https://splash247.com/tsunami-of-boxship-orders-grows-as-wan-hai-lines-up-20-newbuilds/
https://splash247.com/tsunami-of-boxship-orders-grows-as-wan-hai-lines-up-20-newbuilds/Arab Shipbuilding and Repair Yard Company (ASRY) has appointed Ahmed Al-Abri as the new chief executive officer. The Omani national and former chairman of Asyad Container Terminals and CEO of Asyad Ports brings over 25 years of experience to Bahrain-based ship repair and fabrication yard. Tawfeeq AlMoayed, ASRY chairman of the board of directors, said: …
https://splash247.com/asry-appoints-new-ceo/
https://splash247.com/asry-appoints-new-ceo/Crew transfer vessel operator Windcat, part of Saverys family-controlled CMB.TECH, has selected Hong Kong-based shipmanager Anglo-Eastern for the technical and crewing management of six commissioning service operation vessels (CSOVs) currently under construction at Dutch shipbuilder Damen Shipyards. The partnership builds on the deal with Anglo-Eastern Technical Services (AETS), Anglo-Eastern’s technical consulting arm, in October 2021 …
https://splash247.com/anglo-eastern-seals-windcat-csov-shipmanagement-deal/
https://splash247.com/anglo-eastern-seals-windcat-csov-shipmanagement-deal/UK-based VLCC pool operator Tankers International has added two Vietnamese-flagged tankers to increase the pool size to 35. The two vessels in question are the 2010-built Felix and the 2009-built Symphony VLCCs. The former joined the pool earlier this year, with the latter joining earlier this month. Although the owners of the vessels were not …
https://splash247.com/tankers-international-increases-vlcc-pool-to-35/
https://splash247.com/tankers-international-increases-vlcc-pool-to-35/New York-listed Greek bulker owner Diana Shipping has entered into a time charter contract with Paralos Shipping for one of its vessels. Aquavita chartered the 2013-built, 81,513 dwt kamsarmax bulker Astarte for a gross charter rate of $14,000, minus a 5% commission paid to third parties, for a period until a minimum of July 15, 2025, …
https://splash247.com/diana-shipping-fixes-out-kamsarmax-bulker-to-paralos-shipping/
https://splash247.com/diana-shipping-fixes-out-kamsarmax-bulker-to-paralos-shipping/Swiss marine power company WinGD has teamed up with global shipping line CMA CGM to test its Variable Compression Ratio (VCR) technology for dual-fuel engines onboard one of CMA CGM’s vessels.The collaboration marks the first field test for…
https://www.marinelink.com/news/wingd-cma-cgm-trial-dualfuel-engine-tech-515912
https://www.marinelink.com/news/wingd-cma-cgm-trial-dualfuel-engine-tech-515912Offshore personnel transfer company Windcat, part of CMB.TECH, has partnered with Anglo-Eastern for the technical and crewing management of the first out six ordered hydrogen-powered Commissioning Service Operation Vessels (CSOVs).Windcat has ordered six Elevation Series CSOVs…
https://www.marinelink.com/news/angloeastern-manage-windcats-515915
https://www.marinelink.com/news/angloeastern-manage-windcats-515915Bellingham, Wash. shipbuilder All American Marine (AAM) announced it has been awarded a contract to build a 73-foot research vessel for the University of North Carolina Wilmington (UNCW). The vessel will operate as a multipurpose research platform…
https://www.marinelink.com/news/university-north-carolina-wilmington-515921
https://www.marinelink.com/news/university-north-carolina-wilmington-515921Driven by rising operator expenditure on equipment and installation services, the subsea market segment will see a 10% annual compound growth rate from 2024 to 2027 with total spending exceeding $42bn by the end of this period, a new Rystad Energy report suggests. Investment activity in the sector has been strong in South America and …
https://splash247.com/subsea-sector-global-spending-to-go-past-42bn-by-2027/
https://splash247.com/subsea-sector-global-spending-to-go-past-42bn-by-2027/Offshore cable maker Prysmian has won its trade secrets case against its India-based competitor Sterlite Technologies and the Italian firm’s former executive Stephen Szymanski. A South Carolina jury found in favour of Prysmian following a three-week jury trial in the US District Court in Columbia, South Carolina. The jury found that Sterlite was ‘unjustly enriched’ …
https://splash247.com/prysmian-awarded-96m-in-trade-secrets-case-against-sterlite/
https://splash247.com/prysmian-awarded-96m-in-trade-secrets-case-against-sterlite/