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Commodities giant Trafigura has contracted four ammonia dual-fuel midsize gas carriers at HD Hyundai Mipo Dockyard in South Korea. The vessels will carry LPG or ammonia, with the first delivery due in 2027. One of the world’s largest charterers, with around 400 ships under management, said the latest order was part of the company’s commitment …
https://splash247.com/trafigura-orders-ammonia-dual-fuel-gas-carriers/
https://splash247.com/trafigura-orders-ammonia-dual-fuel-gas-carriers/A new report from broker Braemar suggests mainstream tanker charterers might relax their ‘under 20’ rule over the coming couple of years as rates remain heightened and the tanker fleet ages to levels not experienced this century. Braemar analysis shows a full 18% of the world tanker capacity is likely to be over 19 years …
https://splash247.com/mainstream-tanker-charterers-consider-relaxing-their-under-20-rule/
https://splash247.com/mainstream-tanker-charterers-consider-relaxing-their-under-20-rule/The global dry bulk shipping community has converged in Switzerland this week for today’s grand opening of the first Geneva Dry, a conference designed to be the annual summit for shipping’s largest sector. Myriad parties on the sidelines of Geneva Dry organised by trading houses, shipowners, port agents, tech firms and brokers have given the …
https://splash247.com/inaugural-geneva-dry-launches/
https://splash247.com/inaugural-geneva-dry-launches/Two six-year-old, 174,000 cu m Korean LNG carriers have anchored in the layup waters of Labuan in Malaysia having remarkably never entered the gas trades thanks to faulty containment systems. South Korean media suggest the SK Shipping vessels – the SK Serenity and SK Spica – are now likely to be sold for scrap. Last …
https://splash247.com/pair-of-six-year-old-lng-carriers-primed-for-scrapping-having-never-traded/
https://splash247.com/pair-of-six-year-old-lng-carriers-primed-for-scrapping-having-never-traded/Dominion Energy has announced that any reports that the Coastal Virginia Offshore Wind (CVOW) project has been delayed are false and grossly misrepresent the facts.“On April 29, anti-wind groups filed a petition in the United States District…
https://www.marinelink.com/news/coastal-virginia-offshore-wind-project-513382
https://www.marinelink.com/news/coastal-virginia-offshore-wind-project-513382The Unified Command recovered the body of another missing victim at the Key Bridge incident site on May 1, 2024.The victim is identified as Miguel Angel Luna Gonzalez, 49, of Glen Burnie, Maryland.Unified Command salvage teams located one of…
https://www.marinelink.com/news/fifth-victim-recovered-key-bridge-513383
https://www.marinelink.com/news/fifth-victim-recovered-key-bridge-513383The El Nino climate phenomenon, not climate change, drove lower rainfall last year that reduced the Panama Canal's water levels and contributed to shipping restrictions that disrupted global trade, a study released on Wednesday found.Prioritizing…
https://www.marinelink.com/news/panama-canal-snarls-blamed-el-nino-water-513370
https://www.marinelink.com/news/panama-canal-snarls-blamed-el-nino-water-513370The U.S. Navy's Submarine Industrial Base (SIB) program launched the Southern California Talent Pipeline Program in Newport Beach, Calif., April 26. The program will engage hundreds of shipbuilding and ship sustainment suppliers across the region…
https://www.marinelink.com/news/us-navy-expands-shipyard-talent-pipeline-513372
https://www.marinelink.com/news/us-navy-expands-shipyard-talent-pipeline-513372Ferry operator Scandlines announced changes to its executive management team, hiring Eric Gregoire and Mikael Koch Jensen to join the company as CEO and CFO respectively.Gregoire will start in July 2024 and comes from a position as CEO of Goodpack Pte Ltd. in Singapore.
https://www.marinelink.com/news/scandlines-announces-executive-management-513373
https://www.marinelink.com/news/scandlines-announces-executive-management-513373Sunil Krishnakumar, Senior Technical Manager at the International Chamber of Shipping, provides his key insights on the newly released Engine Room Procedures Guide, Second Edition, by ICS.The shipping industry has embarked on a transformative journey…
https://www.marinelink.com/news/shaping-a-safer-sustainable-future-513374
https://www.marinelink.com/news/shaping-a-safer-sustainable-future-513374