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Singapore-based Eastern Pacific Shipping (EPS) is exiting the chemical tanker business through an en bloc transaction involving Ace Tankers and Womar Tankers. The deal, expected to close this week, subject to customary conditions, will see ownership of EPS’s 14-vessel chemical tanker fleet transferred between the two operators. The fleet comprises vessels ranging from 19,000 dwt …
https://splash247.com/eastern-pacific-exits-chemical-tanker-sector-as-fleet-shifts-to-ace-and-womar/
https://splash247.com/eastern-pacific-exits-chemical-tanker-sector-as-fleet-shifts-to-ace-and-womar/Norwegian developer LH2 Shipping has secured fresh funding from Enova for two additional liquid hydrogen-powered bulk carriers, expanding its project pipeline to six vessels and taking total public support for its hydrogen shipping programme beyond NOK 800m ($74m). The Bergen-based company said it had been awarded NOK 344.3m ($36m) to develop and build two 7,700 …
https://splash247.com/norway-backs-new-generation-of-hydrogen-fuelled-bulkers/
https://splash247.com/norway-backs-new-generation-of-hydrogen-fuelled-bulkers/Echandia will supply the battery system Echandia Core for a new 78-meter hybrid catamaran being built by Incat Tasmania, Australia. The order marks Echandia’s first delivery to Incat, one of the world’s leading builders of high-speed aluminum…
https://www.marinelink.com/news/echandia-supply-battery-system-incat-540406
https://www.marinelink.com/news/echandia-supply-battery-system-incat-540406Maritime recruitment has become more digital, but many platforms still replicate familiar agency workflows online. JobMarineMan.com, developed by ship and crew management company Marine MAN, is taking a different approach: a direct recruitment…
https://www.marinelink.com/news/jobmarineman-building-a-direct-crew-540408
https://www.marinelink.com/news/jobmarineman-building-a-direct-crew-540408U.S. President Donald Trump said on Wednesday he had held a "very good" conversation with Indian Prime Minister Narendra Modi during the G7 summit in France and that their two countries were working on trade deals.Trump called Modi a "tough negotiator…
https://www.marinelink.com/news/trump-modi-discuss-seafarer-safety-gulf-540409
https://www.marinelink.com/news/trump-modi-discuss-seafarer-safety-gulf-540409While U.S. President Donald Trump has recently hailed the resumption of oil flows from Gulf allies, Iran, too, appears to be gearing up to resume exports and trading.At least three tankers carrying some five million barrels of Iranian oil have sailed through the U.S.
https://www.marinelink.com/news/iran-gears-boost-oil-exports-540410
https://www.marinelink.com/news/iran-gears-boost-oil-exports-540410Intellian Technologies, a provider of satellite communication antennas and ground gateway solutions, announced the opening of its new manufacturing facility in California. Marking the company’s first large-scale international manufacturing campus…
https://www.marinelink.com/news/intellian-celebrates-opening-new-540413
https://www.marinelink.com/news/intellian-celebrates-opening-new-540413As geopolitical instability disrupts key global shipping routes, Stamatis Tsantanis, Chairman & CEO of global shipping companies Seanergy Maritime (NASDAQ: SHIP) and United Maritime (NASDAQ: USEA), warns that although the U.S. has helped offset some global oil supply constraints, it won’t be enough, with consumers ultimately continuing to bear higher costs. He also notes that ...
https://www.hellenicshippingnews.com/china-increasing-coal-imports-as-power-needs-surge/
https://www.hellenicshippingnews.com/china-increasing-coal-imports-as-power-needs-surge/With the Monsoon seasons closing in, ship recycling activity was slower in India and other major markets. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian market remains subdued this week, with a persistent lack of sales activity and price declines recorded across all vessel segments, ...
https://www.hellenicshippingnews.com/ship-recycling-market-delegates-exercising-caution/
https://www.hellenicshippingnews.com/ship-recycling-market-delegates-exercising-caution/Energy services company Three60 Energy has been awarded a new long-term project support agreement with Vår Energi. The agreement, which has an initial term of four years with options to extend, will see the company continue to provide project support across the drilling, wells, and subsurface disciplines. According to the company, the support will contribute …
https://splash247.com/three60-scores-long-term-var-energi-contract/
https://splash247.com/three60-scores-long-term-var-energi-contract/