Access cargoes, ship positions, ships and parts for sale, news, events and jobs
Japan’s largest shipping lines and shipbuilders are joining forces to study how to establish standard specifications and designs for liquefied carbon dioxide (LCO2) carriers. Kawasaki Kisen Kaisha (K Line), Mitsui OSK Lines (MOL), Nippon Yusen Kaisha (NYK) along with shipbuilders Mitsubishi Shipbuilding, Imabari Shipbuilding, Japan Marine United, and Nihon Shipyard are the partners in the …
A new long-term slot allocation will come into effect at the Panama Canal from the start of October. The Panama Canal Authority (ACP) said yesterday that the introduction of this new method for its larger neopanamax locks has been designed to increase transit certainty and flexibility. Through this method, several transit booking slot packages will …
https://splash247.com/panama-canal-seeks-more-long-term-clients/
https://splash247.com/panama-canal-seeks-more-long-term-clients/Ulrik Andersen has emerged at Danish maritime investment firm J. Lauritzen after stepping down as chief executive of John Fredriksen-backed dry bulk player Golden Ocean Group last year. Andersen has come aboard J. Lauritzen’s vehicle, Lauritzen NexGen, which has three methanol dual-fuel kamsarmax bulkers on order at Tsuneishi Shipbuilding in Japan for delivery in 2026 …
https://splash247.com/former-golden-ocean-boss-ulrik-andersen-joins-j-lauritzen/
https://splash247.com/former-golden-ocean-boss-ulrik-andersen-joins-j-lauritzen/Splash Extra provides useful analysis comparing today’s tanker rates to the averages of the past 10 years. The VLCC freight market slipped to an average of $29,800 a day for the first three weeks of August, adding to a three-month downturn from a peak of $48,000 a day average in May. The average for August …
https://splash247.com/todays-tanker-rates-taken-in-context/
https://splash247.com/todays-tanker-rates-taken-in-context/Looking at the futures market being traded in Shanghai, analysts at Asia-based container consultancy Linerlytica are predicting box freight rates from Asia to Europe will tumble by more than 70% by June next year. The Containerized Freight Index Futures (CoFIF) has been in existence for a year now, traded at the Shanghai International Energy Exchange, …
https://splash247.com/shanghai-futures-market-shows-liner-fortunes-plummeting/
https://splash247.com/shanghai-futures-market-shows-liner-fortunes-plummeting/“K” Line, MOL and NYK Line have commenced a joint study with a group of Japanese shipyards for the design and specification of LCO2 carriers and the development of a supporting construction supply chain.The companies believe that as the demand…
https://www.marinelink.com/news/japanese-consortium-readying-meet-lco-516380
https://www.marinelink.com/news/japanese-consortium-readying-meet-lco-516380Danelec has released a new simulation tool it says will bridge the gap between LNG carrier commercial and operations teams.LNG carrier operations are subject to several unique challenges, including balancing diverse factors to meet charter party requirements…
https://www.marinelink.com/news/danelec-launches-simulation-tool-lng-516383
https://www.marinelink.com/news/danelec-launches-simulation-tool-lng-516383When only six ships with a capacity of 4,746 TEU were contracted in the fourth quarter of 2023, many might have thought that the container ship contracting spree that began in 2021 had finally cooled. However, the appetite for new ships remains…
https://www.marinelink.com/news/appetite-new-container-ships-high-516384
https://www.marinelink.com/news/appetite-new-container-ships-high-516384Kongsberg Maritime’s rim-drive azimuth thruster has achieved Silent-E notation from DNV, the first of its kind to receive this certification.Installed on the new commissioning service operation vessel (CSOV) Norwind Hurricane and its sister vessels…
https://www.marinelink.com/news/first-rimdrive-thruster-achieves-silente-516385
https://www.marinelink.com/news/first-rimdrive-thruster-achieves-silente-516385An oil tanker managed by an Azerbaijan-based firm is travelling the Northern Sea Route to China for the first time, taking a route so far dominated by vessels managed by Russian shipping giant Sovcomflot, according to LSEG data and two traders.The…
https://www.marinelink.com/news/azerbaijanmanaged-vessel-first-head-china-516357
https://www.marinelink.com/news/azerbaijanmanaged-vessel-first-head-china-516357