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Chinese bulker owner and operator Fujian Guohang Ocean Shipping has firmed up its series of kamsarmax newbuildings at compatriot Wuhu Shipyard. The Beijing Stock Exchange-listed company has declared options on two additional 89,000 dwt vessels, bringing its orderbook at the yard to 10. In 2023, Fujian Guohang secured slots for up to 10 methanol-ready units …
https://splash247.com/fujian-guohang-lifts-options-on-wuhu-kamsarmax-series/
https://splash247.com/fujian-guohang-lifts-options-on-wuhu-kamsarmax-series/Yan Jun, the former president of Shanghai International Port Group (SIPG), has been sentenced to 12 years in prison and fined 2m yuan ($280,000) for accepting bribes of more than 36m yuan ($5m). The court claimed that he prevented others from reporting and providing evidence, engaged in money and sex transactions, participated in gambling activities, …
The once-seasonal port of Churchill is positioning itself at the forefront of a potential shipping revolution as climate change and geopolitical shifts accelerate interest in year-round trade routes through Hudson Bay. At a press conference this week, Chris Avery, CEO of Arctic Gateway Group — the Indigenous and northern community-led consortium that owns and operates …
https://splash247.com/year-round-hudson-bay-shipping-gains-momentum/
https://splash247.com/year-round-hudson-bay-shipping-gains-momentum/The Trump administration’s early ambition to revitalise US shipbuilding appears to be losing momentum, following the departure of Ian Bennitt, the White House National Security Council’s (NSC) senior director for maritime and industrial capacity. Bennitt’s exit, alongside that of NSC chief of staff Brian McCormack, underscores a broader hollowing out of the council’s maritime policy …
https://splash247.com/trumps-shipbuilding-revival-wavers-as-key-maritime-adviser-departs/
https://splash247.com/trumps-shipbuilding-revival-wavers-as-key-maritime-adviser-departs/The Clarion Group, a prominent Nigerian logistics and port services firm, has officially entered the regional liner shipping market with the launch of Clarion Shipping. The new shipping line took delivery of its first vessel, the 349 teu Ocean Dragon, on July 3 from China’s Qingdao Pengteng International Management, according to Alphaliner. The ship is …
https://splash247.com/clarion-group-sets-sail-with-launch-of-nigerian-owned-shipping-line/
https://splash247.com/clarion-group-sets-sail-with-launch-of-nigerian-owned-shipping-line/South Korea’s HD Hyundai Heavy Industries is eyeing a strategic leap into North Africa, as it seeks to secure long-term operating rights for Morocco’s flagship Casablanca shipyard. The latest global expansion effort comes at a time when South Korea’s largest shipbuilder aimed faces production bottlenecks at home amid a record orderbook. With domestic shipyards operating …
https://splash247.com/hd-hyundai-eyes-morocco-shipyard/
https://splash247.com/hd-hyundai-eyes-morocco-shipyard/HSG Sungdong Shipbuilding, once one of the top 10 shipbuilders in the world, has re-entered the finished shipbuilding market, forging a strategic partnership with Samsung Heavy Industries and securing major orders in offshore wind and marine infrastructure. After years of financial hardship that culminated in court receivership in 2018, the reborn HSG Sungdong — acquired …
https://splash247.com/hsg-sungdong-returns-to-shipbuilding-spotlight-with-samsung-heavy-tie-up/
https://splash247.com/hsg-sungdong-returns-to-shipbuilding-spotlight-with-samsung-heavy-tie-up/NYU Tandon School of Engineering, in partnership with Equinor, National Offshore Wind R&D Consortium (NOWRDC) and New York City Economic Development Corporation (NYCEDC), announced its selection of the 2025 annual cohort of companies that will…
https://www.marinelink.com/news/accelerator-chooses-six-companies-new-527988
https://www.marinelink.com/news/accelerator-chooses-six-companies-new-527988This year’s Port State Control Concentrated Inspection Campaign (PSC CIC), taking place from September 1 to November 30, will focus on ballast water management.DNV reports the Paris and Tokyo MoUs have agreed to run the CIC, and it is expected…
https://www.marinelink.com/news/port-state-control-targets-ballast-water-527992
https://www.marinelink.com/news/port-state-control-targets-ballast-water-527992Malaysia’s Tanjung Offshore has bagged a contract extension from Hibiscus Oil & Gas for maintenance, construction and modification services on the PM3-CAA oilfield. Under the agreement, the offshore services player of T7 Global will stay on the job until mid-December this year, following the initial fixture in December 2024. Financial terms surrounding the deal were …
https://splash247.com/tanjung-offshore-seals-hibiscus-extension/
https://splash247.com/tanjung-offshore-seals-hibiscus-extension/