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Lamprell has signed a memorandum of understanding (MoU) with Dong Fang Offshore (DFO) for a newbuild NG-9000X wind turbine installation and maintenance vessel.The newbuild vessel will support offshore wind activities in the Asia Pacific region…
https://www.marinelink.com/news/lamprell-dong-fang-offshore-sign-wind-525856
https://www.marinelink.com/news/lamprell-dong-fang-offshore-sign-wind-525856Chinese bulker owner and operator Jinhui Shipping and Transportation has confirmed its second supramax sale this year. The Oslo- and Hong Kong-listed company said in a filing it will be shipping out the 2008-built 57,000 dwt Jin Tong to Marshall Islands-incorporated Famous Shine Development in a deal worth $10.22m. Earlier this month, brokers told Splash …
https://splash247.com/jinhui-confirms-supramax-disposal/
https://splash247.com/jinhui-confirms-supramax-disposal/China’s Taizhou Hailian Shipping has emerged behind multipurpose newbuildings that are backed by charters with Norden’s project cargo division. Splash reported last week that the Danish shipping giant would be adding two more 17,500 dwt MPPs as part of the four-ship newbuild move initiated earlier this year. The Jan Rindbo-led owner and operator did not …
https://splash247.com/taizhou-hailian-emerges-behind-norden-bound-mpp-newbuilds/
https://splash247.com/taizhou-hailian-emerges-behind-norden-bound-mpp-newbuilds/Chinese state-owned shipping giant COSCO has made a fresh newbuilding move in the gas carrier segment. Clarksons reports a subsidiary, COSCO Shipping Investment Dalian, has contracted two 88,000 cu m newbuilds at COSCO Heavy Industry Qidong Offshore, with delivery expected in September and December of 2027. No price has been revealed, but shipbuilding sources are …
https://splash247.com/cosco-inks-vlgc-orders/
https://splash247.com/cosco-inks-vlgc-orders/Antwerp-based owner and operator CMB.TECH has been tied to a newbuilding deal in China for up to five tankers. The Saverys family-led group has reportedly returned to Qingdao Beihai Shipyard for one VLCC and two firm plus two optional suezmaxes. Brokers estimate the VLCC newbuild at around $135m, while the suezmaxes are costing $96m apiece. …
https://splash247.com/cmb-tech-linked-to-tanker-newbuilds-in-china/
https://splash247.com/cmb-tech-linked-to-tanker-newbuilds-in-china/Latest data from Clarksons Research shows that after three bumper years of orders, the appetite for newbuilds among owners is weak, down 57% year-on-year, which has also seen newbuild prices finally edge down. Clarksons is reporting newbuild prices are down 1.2% from the start of 2025, though they are still historically firm. Prices have dropped …
https://splash247.com/newbuild-prices-edge-down/
https://splash247.com/newbuild-prices-edge-down/The vintage state of the global tanker fleet is leading to severe inefficiencies, with new data showing how many rust buckets have to spend more time not moving or in ballast. Data from broker Gibson shows 51% of the total tanker fleet of 25,000 dwt and above is aged 15 years and older and 22% …
https://splash247.com/inefficiencies-proliferate-across-ageing-global-tanker-fleet/
https://splash247.com/inefficiencies-proliferate-across-ageing-global-tanker-fleet/NEW YORK, May 18, 2025 — The celebration of a Mexican Navy tall ship Cuauhtemoc turned into a maritime disaster Saturday night when it collided with Brooklyn Bridge. Two people were killed and 17 injured, including two seriously.Last night,…
https://www.marinelink.com/news/mexican-navy-ship-slams-brooklyn-bridge-525842
https://www.marinelink.com/news/mexican-navy-ship-slams-brooklyn-bridge-525842China’s soybean imports recently dipped to a 12-year low, and trade estimates suggest the overall intake pace could still be sluggish by mid-year. But top supplier Brazil has harvested a record crop and its latest export volumes to China have hit all-time highs. So how does this all fit together? For one, soybean import data ...
https://www.hellenicshippingnews.com/light-chinese-soy-imports-should-raise-eyebrows/
https://www.hellenicshippingnews.com/light-chinese-soy-imports-should-raise-eyebrows/Capesize The Capesize market closed the week on a firm and optimistic note. Early activity was stifled by the Vesak Day holiday in Singapore, and while initial trading was subdued, sentiment remained bullish from the previous week, underpinned by stronger bids and tightening tonnage. In the Pacific, although early-week rates softened slightly amid heavy enquiry, ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-step-on-higher-ground/
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-step-on-higher-ground/