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UK-based consulting and engineering firm Wood has achieved a record-breaking year in the Asia Pacific region, securing A$3 billion (US$2 billion) in contract awards over the past 12 months. Headquartered in Aberdeen, the company has won a combination of new contracts, extensions, and renewals to deliver advisory, design, execution, and operational services for major energy, …
https://splash247.com/wood-brings-in-2bn-asia-pacific-contracts/
https://splash247.com/wood-brings-in-2bn-asia-pacific-contracts/A coalition of major global car carrier operators, known as the Global Ro-Ro Community (GRC), has announced the release of a unified set of guidelines aimed at accurately calculating their fleets’ greenhouse gas (GHG) emissions intensity. The new initiative has been developed in partnership with the international non-profit Smart Freight Centre (SFC). The six founding …
https://splash247.com/car-carrier-coalition-harmonises-emissions-data/
https://splash247.com/car-carrier-coalition-harmonises-emissions-data/New York-listed Costamare Bulkers has extended contracts on two newcastlemaxes from 2020 Bulkers. The Gregory Zikos-led recently launched spinoff of Greek owner Costamare has fixed the 2020-built Bulk Santos and Bulk Sao Paulo on index-linked deals for 11 to 13 months. The Lars-Christian Svensen-led owner of six newcastlemaxes said in a filing that the index-linked …
https://splash247.com/costamare-bulkers-extends-charters-for-2020-bulkers-newcastlemax-pair/
https://splash247.com/costamare-bulkers-extends-charters-for-2020-bulkers-newcastlemax-pair/Dubai-based Lila Global is continuing its fleet diversification strategy with a string of acquisitions in the tanker segment, a notable pivot from its traditionally dry bulk-heavy profile. The shipowning affiliate of ship recycling powerhouse GMS has now added its third stainless steel chemical tanker in the niche J19 size bracket, reflecting growing appetite for smaller …
https://splash247.com/lila-global-expands-tanker-fleet/
https://splash247.com/lila-global-expands-tanker-fleet/The Panama flag has strengthened its requirements for ship-to-ship (STS) oil transfer operations involving tankers registered under its flag in a bid to crack down on the shadow fleet. Effective immediately, all Panama-flagged vessels with a gross tonnage of 150 or more must notify the flag sate at least 48 hours in advance of any …
https://splash247.com/panama-tries-to-crack-down-on-shadow-fleet/
https://splash247.com/panama-tries-to-crack-down-on-shadow-fleet/The Liberian-flagged container ship MSC Elsa 3 has sunk approximately 38 nautical miles southwest of Kochi, with concerns growing over potential environmental fallout along Kerala’s coast. The 28-year-old, 184 m long vessel, en route from Vizhinjam to the Port of Cochin, began listing severely early Saturday,. The ship, which carried 640 containers—including 13 with hazardous …
https://splash247.com/msc-ship-sinks-off-the-east-coast-of-india/
https://splash247.com/msc-ship-sinks-off-the-east-coast-of-india/A Ukrainian second officer aboard the container vessel NCL Salten has been charged with negligent navigation following a grounding incident early Thursday morning near Trondheim, Norway. The ship ran aground just meters from a summer home in Byneset, narrowly avoiding significant property damage. The officer admitted to falling asleep while on watch at the time …
The depressed liquefied natural gas (LNG) carrier sector sees nearly 60 vessels, according to data from Clarksons Research. In a striking sign of shifting market fundamentals, shipowners—particularly in South Korea—have begun sending older, less efficient LNG carriers to the scrapyards in increasing numbers. According to leading shipbroker Clarksons, four LNG steam turbine ships were sold …
https://splash247.com/nearly-60-lng-carriers-stand-idle/
https://splash247.com/nearly-60-lng-carriers-stand-idle/Port congestion seen across key Northern European hubs is intensifying and is now spreading to China and the US, a situation expected to worsen as a result of Donald Trump’s on/off tariff strategy. Compounding the situation, low water levels on the Rhine are limiting barge capacity, particularly out of Antwerp and Rotterdam—further straining inland logistics. …
https://splash247.com/boxport-congestion-spreads-from-europe-to-the-us-and-china/
https://splash247.com/boxport-congestion-spreads-from-europe-to-the-us-and-china/Titomic is ‘leading the future’ with Cold Spray Solutions, additive manufacturing of new products and components for newbuild and repair projects. Chris Myers, SVP Global Growth; and James Caldwell, Regional Sales Manager APAC, discuss the advantages…
https://www.marinelink.com/news/cold-spray-technology-parts-production-526137
https://www.marinelink.com/news/cold-spray-technology-parts-production-526137