The floating liquefied natural gas sector is poised for $35bn in engineering, procurement and construction (EPC) contract awards through to the end of 2027. In view of FLNG investments last year and planned investments expected between 2023 and 2027, energy market research and consultancy firm Westwood estimated 18.3 mtpa of additional FLNG capacity to come …
https://splash247.com/flng-sector-epc-spend-forecast-at-35bn-by-2027/
...See moreA well-known name in Singapore shipping circles has today launched his own consultancy. Punit Oza, whose career has included stints at Precious Shipping, Torvald Klaveness, and most recently Wiz Bulk, has established Maritime NXT. When questioned why, Oza tells Maritime CEO: “The simple answer is to give back to this amazing industry, pair my passion …
https://splash247.com/maritime-nxt-pairing-passion-with-purpose/
...See moreNasdaq-listed Greek boxship owner Euroseas has fixed its 2009-built panamax at a significantly improved rate compared to its previous charter. The Aristides Pittas-led company, with a fleet of 26 containerships on a fully-delivered basis, has inked a new two-year deal with an unnamed charterer with two months of options at $23,000 per day. The 4,253 …
https://splash247.com/euroseas-fixes-panamax-boxship-for-two-years-at-bumper-rate/
...See moreJapan Engine Corporation (J-ENG) has set out to work with compatriot Akasaka Diesels to develop hydrogen and ammonia ship engines. The pair have received funding from the Green Innovation Fund project by Tokyo-based New Energy and Industrial Technology Development Organization (NEDO). Japanese shipping lines and shipbuilders are among the world leaders in the development of …
https://splash247.com/japanese-set-out-to-develop-engines-for-tomorrows-alternative-fuel-mix/
...See moreCommercial maritime traffic along one of the world’s busiest shipping lanes face a tense few days ahead. China’s Fujian maritime safety administration has launched a three-day special joint patrol and inspection operation in the central and northern parts of the Taiwan Strait that includes moves to board ships. The operation runs from Wednesday through Friday …
https://splash247.com/china-launches-ship-inspection-campaign-in-the-taiwan-strait/
...See moreA 30-year-old Guinea-Bissau flagged general cargo ship with 14 Syrian crew sank off Turkey’s Mediterranean coast early on Wednesday morning, killing at least three of them. Eight people were rescued while efforts continued to find the other missing crew. The , laden with a cargo of aluminium, sank off the coast of Kumluca, in Antalya …
https://splash247.com/syrian-crew-die-as-elderly-ship-sinks-off-turkish-coast/
...See moreEuropol, the law enforcement agency of the European Union, has launched a joint analysis report with the Security Steering Committee of the ports of Antwerp, Hamburg, Bremerhaven and Rotterdam that looks into the risk and challenges for law enforcement posed by criminal networks in EU ports. Criminal networks are increasingly working toward the infiltration of …
https://splash247.com/europol-details-how-criminal-networks-have-infiltrated-leading-european-ports/
...See moreSay No To LNG, a global shipping campaign, has launched this month, with its backers saying they aim to debunk the “myth” that LNG is a climate friendly marine fuel alternative. LNG remains the number one alternative fuel chosen by owners when ordering newbuilds, with the number of LNG-fuelled ships soaring in recent years. Detractors …
https://splash247.com/say-no-to-lng-shipping-campaign-launches/
...See moreIt’s one of shipping’s most closely held secrets, up there with Greeks and the dark fleet, the true meaning of EEDI, defining an eco-ship, the hourly wage of a Burmese deckhand, and the full extent of the web of shipping interests of the Ofer family. Just how much is Switzerland’s richest man worth? News that …
https://splash247.com/just-how-much-did-mscs-container-business-make-last-year/
...See moreLiquefied petroleum gas (LPG) shipping company Dorian LPG announced it has taken delivery of the newly built very large gas carrier (VLGC) Captain Markos from Japanese shipbuilder Kawasaki Heavy Industries.The 84,000 cubic meter capacity VLGC…
https://www.marinelink.com/news/dorian-lpg-takes-delivery-dualfuel-vlgc-504172
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