Signs that the container sector is getting towards a market bottom can be seen in the sale and purchase secondhand market where vessels are changing hands in significant numbers. As has been the case since the middle of 2020, Mediterranean Shipping Co (MSC) is leading the charge for tonnage. Describing the secondhand boxship market today …
https://splash247.com/busy-week-for-boxship-sales/
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Today marks International Women’s Day, a moment to reflect once again on the extraordinary dominance men hold within the shipping industry. Nevertheless, there are signs that maritime is becoming a better, more aspirational place for women to work in. According to the International Maritime Organization (IMO), women make up 29% of the maritime workforce across …
https://splash247.com/tricky-stats-for-shipping-on-international-womens-day/
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Tor Olav Troim-backed Himalaya Shipping, an LNG-fuelled newcastlemax specialist, has filed a registration with the US Securities and Exchange Commission for a proposed initial public offering of newly issued common shares in the United States to go alongside its existing listing on the Euronext Expand in Norway. DNB Markets will act as sole global coordinator, …
https://splash247.com/himalaya-shipping-readies-new-york-ipo/
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Norwegian offshore seismic specialist and vessel player Shearwater GeoServices is back in South Korea with a new contract from Korea National Oil Corporation (KNOC) for a 3D streamer survey. The award of the 1,200 sq km survey marks the third project for the South Korean national oil and gas company. Shearwater won its first contract …
https://splash247.com/shearwater-returns-to-south-korea-for-new-contract-with-knoc/
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Belgian partners DEME, Tractebel and Jan De Nul have introduced a new offshore floating photovoltaic (PV) technology that can operate in harsh marine conditions and be installed in offshore wind farms. As authorities allow for multi-use concessions and the grid infrastructure shows good potential for combined use, the addition of offshore floating solar to current …
https://splash247.com/belgians-float-offshore-solar-tech/
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An MSC panamax boxship has lost more than 40 empty containers overboard during bad weather some 350 nautical miles east of Bermuda. The incident was reported by the Bermuda Maritime Operations Center, which was advised via email from the that it had lost a total of 46 boxes at three different times. The 4,738 teu …
https://splash247.com/msc-ship-loses-more-than-40-boxes-overboard-in-bad-weather/
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Nasdaq-listed Greek owner Performance Shipping has signed a shipbuilding contract with China Shipbuilding Trading and CSSC-affiliated Shanghai Waigaoqiao Shipbuilding for the construction of LR2 aframax product/crude oil tanker. The 114,000 dwt newbuild will be delivered in the fourth quarter of 2025 at a price tag of $62.6m. The vessel will be LNG-ready and fitted with …
https://splash247.com/performance-shipping-in-for-lr2-newbuild-at-shanghai-waigaoqiao/
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The U.S. government is not planning a systematic easing of sanctions on Venezuela after an initial round allowed partners of state-run oil firm PDVSA to resume taking oil for past debts, a State Department official said.In November, Washington issued a six-month license allowing Chevron Corp.
https://www.marinelink.com/news/us-plans-wider-easing-sanctions-venezuela-503450
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Following a successful initial loading operation and maiden voyage on the river Rhine, Covestro and HGK Shipping GmbH officially put into service the new low-water vessel called 'Courage' at the beginning of March. Designed 'future-fuel-ready'…
https://www.marinelink.com/news/futurefuelready-courage-enters-service-503453
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Kohler announced the appointment of Charles Hunsucker to the role of President - Kohler Power Systems reporting to Brian Melka, Group President – Energy.Hunsucker joined Kohler Co. in 2000 and has held several leadership positions of increasing responsibility within the organization.
https://www.marinelink.com/news/hunsucker-named-president-kohler-power-503455
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