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Sea1 Offshore has secured a one-year contract extension for its oil spill recovery vessel Sea1 Maragogi, keeping the unit on hire in Brazil through to January 2027. The extension comes in direct continuation of the current deal and adds a firm year of work for the vessel, which has been operating offshore Brazil in support …
https://splash247.com/sea1-adds-firm-year-to-brazil-osrv-charter/
https://splash247.com/sea1-adds-firm-year-to-brazil-osrv-charter/ESL Shipping has moved to shore up its fleet, picking up a secondhand bulker to keep capacity steady while it waits for newbuildings to arrive. The Baltic dry bulk specialist, part of Finnish conglomerate Aspo, has acquired a geared ice-class 1A 16,600 DWT vessel, following the recent sale of the 21,353 dwt handysize bulker Kallio …
https://splash247.com/esl-plugs-bulker-capacity-gap-with-secondhand-buy-ahead-of-newbuild-arrivals/
https://splash247.com/esl-plugs-bulker-capacity-gap-with-secondhand-buy-ahead-of-newbuild-arrivals/Nordic American Tankers has firmed up its move into new steel, signing contracts for two suezmax newbuildings in South Korea as the New York-listed owner continues to reshape its fleet. The Herbjørn Hansson-led company said the previously announced preliminary agreements have now been converted into firm contracts, with Daehan Shipbuilding named as builder. The two …
https://splash247.com/nordic-american-tankers-firms-up-korean-yard-choice-with-daehan-deal/
https://splash247.com/nordic-american-tankers-firms-up-korean-yard-choice-with-daehan-deal/Norwegian coastal owner K. Sætre Rederi has ordered a new all-electric dry cargo vessel, doubling down on zero-emission operations along the Norwegian coast. The 70-m ship has been contracted at Dutch yard Royal Bodewes, with delivery scheduled for March 2028. At the same time, Sætre has secured a long-term freight agreement with steel producer 7 …
https://splash247.com/zero-emission-bulker-bound-for-norwegian-coastal-trade/
https://splash247.com/zero-emission-bulker-bound-for-norwegian-coastal-trade/Eastern Pacific Shipping has moved to expand its LNG footprint, placing an order for two 175,000 cu m LNG carrier newbuildings as it scales up its gas shipping business. The Singapore-based owner, controlled by Idan Ofer, has contracted the pair at Jiangnan Shipyard for delivery in 2028, marking EPS’ first LNG carrier newbuilding order in …
https://splash247.com/eastern-pacific-adds-lng-muscle-with-jiangnan-newbuild-pair/
https://splash247.com/eastern-pacific-adds-lng-muscle-with-jiangnan-newbuild-pair/A full-blown boardroom fight is taking shape in the dry bulk sector after Diana Shipping moved to nominate an entirely new slate of directors at Genco Shipping & Trading, escalating a standoff over consolidation and control. Athens-based Diana, which owns about 14.8% of Genco, said it plans to put forward six director candidates for election …
https://splash247.com/diana-ups-pressure-on-genco-with-full-board-challenge/
https://splash247.com/diana-ups-pressure-on-genco-with-full-board-challenge/China's military said it had followed and monitored the transit of guided-missile destroyer USS Finn and oceanographic survey ship USNS Mary Sears through the Taiwan Strait on January 16 and 17, it said on an official WeChat account Saturday.A spokesman for the Eastern Theatre Command of the People'
https://www.marinelink.com/news/chinas-military-monitors-us-vessels-534568
https://www.marinelink.com/news/chinas-military-monitors-us-vessels-534568CF Industries, Trafigura and TFG Marine have signed a memorandum of understanding (MoU) to facilitate the adoption of low-carbon ammonia as a marine fuel.Building on the successful collaboration between CF Industries and Trafigura in the shipment of low-carbon ammonia…
https://www.marinelink.com/news/trafigura-advance-lowcarbon-ammonia-us-534569
https://www.marinelink.com/news/trafigura-advance-lowcarbon-ammonia-us-534569Tsuneishi Shipbuilding’s Philippines-based yard Tsuneishi Heavy Industries has delivered the world’s first methanol dual-fuel KAMSARMAX bulk carrier, Brave Pioneer.By adopting methanol as a propulsion fuel, the vessel achieves a reduction of approximately 10% in carbon dioxide emissions…
https://www.marinelink.com/news/worlds-first-methanol-dualfuel-kamsarmax-534573
https://www.marinelink.com/news/worlds-first-methanol-dualfuel-kamsarmax-534573Dry bulk shipping is entering a new era of both opportunity and challenge. Robust commodity demand and evolving trade patterns, driven by China’s quest for supply security, are transforming global flows. At the same time, regulatory pressure and sliding sustainability goals are redefining strategies for shipowners and operators worldwide. After years of volatility, shaped by ...
https://www.hellenicshippingnews.com/dnv-optimism-continues-as-bulk-carrier-market-enters-a-new-phase/