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South Korea’s largest shipbuilding group HD Hyundai signed a partnership with A.P. Moller-Maersk to jointly develop decarbonised shipping technology and global integrated logistics services. The two companies have signed a memorandum of understanding (MOU) at the HD Hyundai Global R&D Center in Seongnam, Gyeonggi, at a ceremony attended by key figures including HD Hyundai executive …
https://splash247.com/maersk-and-hd-hyundai-forge-decarbonisation-pact/
https://splash247.com/maersk-and-hd-hyundai-forge-decarbonisation-pact/Eman Abdalla, global operations and supply chain director at Cargill Ocean Transportation, has been elected chair of the Sea Cargo Charter, a framework developed to measure shipping emissions against decarbonisation benchmarks. “Stepping into the role of chair at this pivotal new chapter is both an honour and a responsibility,” said Abdalla, adding: “At a time …
https://splash247.com/cargills-eman-abdalla-takes-helm-at-sea-cargo-charter/
https://splash247.com/cargills-eman-abdalla-takes-helm-at-sea-cargo-charter/Celsius Shipping, a 36-ship-strong owner, has once again demonstrated sharp asset play skills by turning a healthy profit on its remaining two MR2 tankers. Broking sources tell Splash that Celsius has flipped both 2021-built MR2s for around $35.5m each, having acquired them as resales in 2021 for $31.5m each. The tankers are 50,000 dwt in …
https://splash247.com/celsius-exits-mr2-sector/
https://splash247.com/celsius-exits-mr2-sector/Greek owner and operator Meadway Bulkers has bolstered its shipbuilding programme in Japan by adding another ultramax to its orderbook. The George Dellaportas-led outfit has revealed a 64,000 dwt newbuilding at Imabari Shipbuilding with delivery expected in the second quarter of 2027. Prior to this, the Athens-based company, which currently lists 15 ships in its …
https://splash247.com/meadway-bulkers-reveals-ultramax-order-in-japan/
https://splash247.com/meadway-bulkers-reveals-ultramax-order-in-japan/French gas containment specialist GTT is spending $219.7m to buy maritime analytics firm Danelec from Verdane, a European private equity company. The transaction is expected to be completed at the beginning of the second half of 2025. Danelec initially specialised in the development of voyage data recorders (VDRs), before branching out into safety and performance …
https://splash247.com/gtt-buys-danelec/
https://splash247.com/gtt-buys-danelec/All week, Splash will be bringing readers reports from Geneva Dry, the world’s premier commodities shipping conference, which took place on April 28 and 29 with more than 820 delegates in attendance. Today’s panel in focus features a brand new slot: EVs And The Supercharging Of Dry Bulk. Electric vehicles are changing seaborne trading patterns …
https://splash247.com/how-rising-demand-for-electric-vehicles-is-changing-the-face-of-dry-bulk/
https://splash247.com/how-rising-demand-for-electric-vehicles-is-changing-the-face-of-dry-bulk/Ports across Northern Europe are dealing with what broker Braemar describes as “serious congestion” right now. In Antwerp, Braemar reported yesterday the yard is already at 96% capacity, and reefer plugs are overloaded at 112%. Nearly half the arriving ships are waiting for a berth, and there are 52 more containerships on the way. Bremerhaven …
https://splash247.com/boxships-back-up-across-northern-europe/
https://splash247.com/boxships-back-up-across-northern-europe/At least three people died and nine others, including two children, were missing after a small boat capsized in choppy seas off the California coast in an apparent migrant smuggling attempt north of San Diego, U.S. officials said on Monday.Four…
https://www.marinelink.com/news/least-three-dead-small-boat-capsizes-near-525383
https://www.marinelink.com/news/least-three-dead-small-boat-capsizes-near-525383U.S. Defense Secretary Pete Hegseth on Monday ordered a 20% reduction in the number of four-star officers, deepening cuts at the Pentagon that have shaken the Department of Defense at the start of President Donald Trump's second term in office.Hegseth…
https://www.marinelink.com/news/us-slash-seniormost-ranks-military-525384
https://www.marinelink.com/news/us-slash-seniormost-ranks-military-525384Maersk has begun the roll-out of its new digital connectivity platform OneWireless aboard 450 vessels.The IoT connectivity platform will be used by all Maersk-owned vessels and more than 100 time-chartered vessels in the fleet.The platform is…
https://www.marinelink.com/news/maersk-upgrading-iot-connectivity-across-525386
https://www.marinelink.com/news/maersk-upgrading-iot-connectivity-across-525386