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Seven days ago, New York-listed dry bulk owner Genco Shipping & Trading revealed it was adding a modern capesize to its fleet. The company has agreed to acquire a 2019 Imabari-built, 182,000 dwt scrubber-fitted vessel, with delivery expected in June 2026. Now, sales registers link the ship to Singapore-based tonnage provider Goodwill Maritime. The vessel, …
https://splash247.com/goodwill-maritime-exits-the-capesize-segment-with-genco-deal/
https://splash247.com/goodwill-maritime-exits-the-capesize-segment-with-genco-deal/BIMCO has introduced a new standard contract aimed at the fast-developing market for shipping liquefied carbon dioxide, as carbon capture projects begin to move from concept to execution. The world’s largest shipping association’s Documentary Committee has adopted CO2TIME 2026, a time charter party designed specifically for the carriage of liquefied CO₂ (LCO₂). It marks the …
https://splash247.com/bimco-rolls-out-first-co2-shipping-charter-party/
https://splash247.com/bimco-rolls-out-first-co2-shipping-charter-party/UK-based shipbroking house Clarksons is expanding its presence along South America’s Pacific coast with the acquisition of the broking business of Serpac International. The deal gives the London-listed firm a foothold in Peru, a market it sees as increasingly important as trade flows between South America and Asia continue to grow. Based in Lima, Serpac …
https://splash247.com/clarksons-builds-americas-footprint-with-serpac-deal/
https://splash247.com/clarksons-builds-americas-footprint-with-serpac-deal/Denmark’s maritime sector is widely respected for its technical strength, talent and early-stage support, but a new report from Studio 30 50, developed in partnership with Danish Entrepreneurs, argues that the country’s biggest innovation challenge is not a lack of ideas. It is the lack of clear pathways to turn those ideas into commercial-scale businesses. …
https://splash247.com/report-highlights-denmarks-maritime-innovation-weaknesses/
https://splash247.com/report-highlights-denmarks-maritime-innovation-weaknesses/The 84th session of the Marine Environment Protection Committee (MEPC 84) closes today. Delegates are advancing on areas of broad agreement while systematically pushing the hardest questions – notably the Greenhouse Gas Fuel Intensity mechanism and the funding architecture of the Net Zero Framework – toward the closing plenary session this afternoon. A US administrative …
https://splash247.com/splash-wrap-regulators-raiders-and-deals-in-geneva-shape-shipping-this-week/
https://splash247.com/splash-wrap-regulators-raiders-and-deals-in-geneva-shape-shipping-this-week/The third edition of Geneva Dry opened in characteristically candid style, with the commodities shipping outlook panel setting the scene for two days of debate by tackling the markets, the two-tier fleet, the bunker crisis, and the faltering green transition – and pulling no punches on any of them. Moderator Sam Chambers opened with a …
A vessel carrying grain that Ukraine says was stolen from areas occupied by Russia will not unload in Israel, Ukraine said on Thursday, after Kyiv requested Israel to seize the cargo.Ukraine's prosecutor general, Ruslan Kravchenko, said on the Telegram app that the vessel…
https://www.marinelink.com/news/russianstolen-grain-vessel-not-unload-538664
https://www.marinelink.com/news/russianstolen-grain-vessel-not-unload-538664Everllence is readying to introduce its new Engine Supported Air Lubrication (ESAL) solution aimed at improving net fuel savings from air lubrication systems.The new system uses pressurized scavenge air from the main engine. In contrast, conventional…
https://www.marinelink.com/news/engine-scavenge-air-boosts-hull-538678
https://www.marinelink.com/news/engine-scavenge-air-boosts-hull-538678Pakistan's Navy will be getting a fleet of advanced Chinese submarines, a statement from the military and a government official said on Thursday, a move to strengthen Islamabad's maritime security as part of a growing defence cooperation with Beijing.The subs are in addition to Chinese-made J10-C fi
https://www.marinelink.com/news/pakistan-navy-add-advanced-chinese-538679
https://www.marinelink.com/news/pakistan-navy-add-advanced-chinese-538679Iran said on Thursday it would respond with "long and painful strikes" on U.S. positions if Washington renewed attacks, and also reasserted its control over the Strait of Hormuz, complicating U.S. plans for a coalition to reopen the waterway.Two months into the U.S.-Israeli war with Iran…
https://www.marinelink.com/news/iran-threatens-painful-retaliation-us-538662
https://www.marinelink.com/news/iran-threatens-painful-retaliation-us-538662