Access cargoes, ship positions, ships and parts for sale, news, events and jobs
Washington has overhauled the rules governing its Title XI ship and shipyard financing programme, lowering application costs and removing a potential bottleneck for projects using foreign equipment. The US Maritime Administration’s interim final rule took effect on August 28 and cuts the Title XI application fee from $5,000 to $1,000. The agency has also replaced …
https://splash247.com/us-cuts-costs-and-red-tape-in-shipbuilding-finance-overhaul/
https://splash247.com/us-cuts-costs-and-red-tape-in-shipbuilding-finance-overhaul/Newly established Xiamen Xinliansheng Shipping has moved straight into shipowning with a RMB158m ($24m) containership newbuild at Zhejiang Shenzhou Sunshine Heavy Industry. A Xiamen enterprise investment filing shows the company has commissioned the Chinese yard to build a 2,000 teu unit for delivery in July 2027. Xinliansheng is only a few months old. Business registration …
https://splash247.com/chinese-newcomer-lines-up-24m-boxship-newbuild/
https://splash247.com/chinese-newcomer-lines-up-24m-boxship-newbuild/German tonnage provider Peter Döhle Schiffahrts is being linked to another two containership newbuildings at Hudong-Zhonghua, extending one of the busiest boxship ordering runs among Germany’s independent owners. Shipbuilding sources reported the Hamburg outfit has returned to the CSSC yard for a fresh 14,000 teu two-ship contract, bringing its series at the yard to a …
https://splash247.com/peter-dohle-returns-to-hudong-zhonghua-for-boxship-brace/
https://splash247.com/peter-dohle-returns-to-hudong-zhonghua-for-boxship-brace/The Switch has secured 13 orders for their electric machines (EM) busines since the beginning of June, covering almost 50 oceangoing vessels and 59 permanent magnet (PM) machines. July marked the company’s strongest month to date for marine…
https://www.marinelink.com/news/switch-receives-highest-marine-electric-542554
https://www.marinelink.com/news/switch-receives-highest-marine-electric-542554A yacht being built for a private owner will be the first ever vessel to be equipped with Steerprop’s smallest contra-rotating propeller (CRP) azimuth propulsors to date. The order marks Steerprop’s first yacht project.The yacht will be fitted with two 700 kW Steerprop SP 8 CRP propulsors…
https://www.marinelink.com/news/steerprop-provides-contrarotating-542555
https://www.marinelink.com/news/steerprop-provides-contrarotating-542555The Panama Canal has temporarily loosened parts of its booking system in an effort to make scarce transit capacity more flexible as deteriorating water conditions continue to squeeze one of the world’s most important maritime chokepoints. From booking dates beginning September 13, neopanamax customers will be allowed to secure more than one reservation for the …
https://splash247.com/panama-canal-tweaks-booking-system-to-stretch-capacity/
https://splash247.com/panama-canal-tweaks-booking-system-to-stretch-capacity/Two crane operators have been injured after a heavylift operation went wrong at Mumbai port, sending a telescopic crane crashing against a ship before catching fire. The accident occurred at around 19:30 on Sunday at the Ballard Pier Station, close to Mumbai’s international cruise terminal, while a 140-tonne piece of cargo was being discharged from …
https://splash247.com/crane-fire-injures-two-at-mumbai-port/
https://splash247.com/crane-fire-injures-two-at-mumbai-port/Turkish and Somali forces have retaken the Cameroon-flagged general cargo ship Lutuf nearly two weeks after it was seized by Somali pirates. The 1,400 dwt vessel was taken on August 17 around 4.5 nautical miles off Somalia’s coast while carrying supplies to Turkey’s TURKSOM military base in Mogadishu. Somalia’s defence ministry said a 10-day operation …
https://splash247.com/turkish-commandos-retake-hijacked-ship-off-somalia/
https://splash247.com/turkish-commandos-retake-hijacked-ship-off-somalia/The agenda has been finalised for the inaugural Splash Singapore, with some of the biggest names in global shipping heading to the Lion City next month for a full day of market debate, technology discussion and high-level networking with hundreds of delegates already signed up. Taking place on September 24 in the Stamford Ballroom at …
https://splash247.com/splash-singapore-finalises-agenda-for-asias-top-shipping-conference/
https://splash247.com/splash-singapore-finalises-agenda-for-asias-top-shipping-conference/Port congestion is doing container shipping an enormous favour, absorbing 2.3m teu of vessel capacity at precisely the moment the industry is preparing for a potentially brutal release of tonnage from both newbuildings and a return to the Suez Canal. New Sea-Intelligence data shows worsening delays have rendered 6.6% of the global containership fleet effectively …
https://splash247.com/congestion-masks-container-shippings-coming-capacity-shock/
https://splash247.com/congestion-masks-container-shippings-coming-capacity-shock/