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Container shipping appears to be suffering from long covid. New data from Danish consultancy Sea-Intelligence shows that the continuing lack of vessel reliability has created a new baseline for vessel capacity absorption, at a level two to three times higher than the pre-pandemic normality. Capacity absorption due to low reliability during the pandemic at the …
https://splash247.com/container-shippings-long-covid-reshapes-capacity/
https://splash247.com/container-shippings-long-covid-reshapes-capacity/Somali piracy is back in the spotlight after four attacks in as many days, including two vessel hijackings, prompting authorities to raise the threat level for the region and warn commercial shipping to exercise extreme caution. The United Kingdom Maritime Trade Operations (UKMTO) reported yesterday that a cargo ship located six nautical miles northeast of …
https://splash247.com/piracy-resurges-in-somali-waters-amid-wider-regional-shipping-crisis/
https://splash247.com/piracy-resurges-in-somali-waters-amid-wider-regional-shipping-crisis/Qatar’s LNG export machine has suffered its most severe disruption in more than two decades, with analysts warning that while flows could partially recover within months, a full return to pre-war levels may take years. Data compiled by tanker and gas analyst Nikolas Zannikos at AXSMarine shows just how sharp the drop has been. After …
https://splash247.com/qatar-lng-faces-long-road-back-after-unprecedented-disruption/
https://splash247.com/qatar-lng-faces-long-road-back-after-unprecedented-disruption/U.S. Central Command said it intercepted a merchant vessel trying to get through the blockade of Iran on Saturday.The ship, identified as the Sevan, was part of a 19-vessel "shadow fleet" transporting Iranian oil and gas products to foreign markets, the U.S.
https://www.marinelink.com/news/us-intercepts-sanctioned-tanker-arabian-538470
https://www.marinelink.com/news/us-intercepts-sanctioned-tanker-arabian-538470Saronic Technologies has entered into a Memorandum of Understanding (MoU) with Taiwan’s National Chung-Shan Institute of Science and Technology (NCSIST) to explore collaboration on advancing AI-enabled maritime capabilities, including autonomous surface vessels (ASVs)…
https://www.marinelink.com/news/saronic-collaborate-korea-asvs-538471
https://www.marinelink.com/news/saronic-collaborate-korea-asvs-538471IMO Secretary-General Arsenio Dominguez has called on all member states to support efforts to address the situation in the Strait of Hormuz, where around 20,000 seafarers remain trapped and unable to leave.In an informal briefing to member states and industry representatives…
https://www.marinelink.com/news/imo-safe-passage-strait-hormuz-538472
https://www.marinelink.com/news/imo-safe-passage-strait-hormuz-538472Pacific International Lines (PIL) and PSA International (PSA), supported by DNV, have launched Singapore’s first joint land-sea green value-added service for cargo transhipped through the Port of Singapore.The new service enables participating…
https://www.marinelink.com/news/green-shipping-service-launched-singapore-538473
https://www.marinelink.com/news/green-shipping-service-launched-singapore-538473The Maritime and Port Authority of Singapore (MPA) and Shanghai Maritime University (SMU) have signed a Memorandum of Understanding (MoU) to deepen cooperation in maritime talent development and knowledge exchange.Started in 2020, this partnership…
https://www.marinelink.com/news/singapore-mpa-renews-partnership-shanghai-538474
https://www.marinelink.com/news/singapore-mpa-renews-partnership-shanghai-538474Global orders to build liquefied natural gas carriers (LNGC) are set to rebound this year after a 2025 slump as growing LNG output and vessel fuel efficiency drive demand, industry executives and analysts say.The rise in orders is offsetting…
https://www.marinelink.com/news/lng-tanker-orders-pick-despite-shipping-538479
https://www.marinelink.com/news/lng-tanker-orders-pick-despite-shipping-538479European towage heavyweight Boluda has moved to strengthen its position in Southeast Asia, taking over tug assets and towage operations from Singapore’s Seatrium Group in one of the world’s busiest port hubs. The deal hands Boluda control of Seatrium’s harbour tug fleet and associated towage services supporting its shipyard activities, marking another step in the …
https://splash247.com/towage-giant-boluda-snaps-up-seatrium-assets-in-singapore/
https://splash247.com/towage-giant-boluda-snaps-up-seatrium-assets-in-singapore/