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ZIM Integrated Shipping Services has hired Wall Street advisory house Evercore to trawl for alternative buyers, as early signals from CEO Eli Glickman and long-time shipping investor Rami Unger have failed to satisfy the board’s valuation expectations. According to Israeli financial title Calcalist, Glickman and Unger are exploring a take-private transaction for the Haifa-headquartered liner. …
https://splash247.com/race-for-zim-tipped-to-widen/
https://splash247.com/race-for-zim-tipped-to-widen/Hanwha Ocean, one of the leading shipbuilders in South Korea, has awarded ABB the contract to supply a complete electric power and propulsion system for Singapore’s first floating liquefied natural gas (LNG) terminal.ABB ’s integrated electrical…
https://www.marinelink.com/news/hanwha-ocean-enlists-abb-singapores-first-530058
https://www.marinelink.com/news/hanwha-ocean-enlists-abb-singapores-first-530058The Digitally Enabled Efficient Propeller (D.E.E.P) project, led by industry consortium and funded by Innovate UK, has been launched to investigate the development of a new generation of marine propellers produced using advanced additive manufacturing (AM) processes…
https://www.marinelink.com/news/deep-project-assess-nextgen-additive-530061
https://www.marinelink.com/news/deep-project-assess-nextgen-additive-530061The Port of Tyne has unveiled plans to invest around $200 million to redevelop 230 acres into the Tyne Clean Energy Park, adding 400 meters of deep-water quayside to support offshore renewables, clean energy and advanced manufacturing.The project could create up to 12…
https://www.marinelink.com/news/uks-port-tyne-unveils-m-upgrade-plan-back-530065
https://www.marinelink.com/news/uks-port-tyne-unveils-m-upgrade-plan-back-530065Roll Group has signed the long-term charter of the wide deck carrier Bigroll KMC Beaumont from its partner KMC Bluewhale.The vessel was delivered in Singapore and will immediately begin operations to support of Roll Group’s expanding global…
https://www.marinelink.com/news/roll-group-welcomes-wide-deck-carrier-530066
https://www.marinelink.com/news/roll-group-welcomes-wide-deck-carrier-530066Mammoet has entered into a strategic partnership with Tugdock Submersible Platforms to expand the use of the Tugdock Submersible Platform (TSP), a technology which improves buoyancy, stability and load transfer activities in marine transport operations.The TSP is a modular…
https://www.marinelink.com/news/mammoet-tugdock-form-strategic-530068
https://www.marinelink.com/news/mammoet-tugdock-form-strategic-530068ABS has granted Approval in Principle (AIP) to Lemissoler Corporate Management Ltd. for its watertight hatch cover design for bulk carriers.The design improves hatch cover water tightness through an innovative seal arrangement, features an enclosed…
https://www.marinelink.com/news/watertight-hatch-cover-design-lemissoler-530070
https://www.marinelink.com/news/watertight-hatch-cover-design-lemissoler-530070Lloyd’s Register (LR) has launched its new Biofuel Advisory service at London International Shipping Week to help shipowners, fuel suppliers and producers adopt biofuels safely and at scale. Biofuels are emerging as one of the most proven and…
https://www.marinelink.com/news/lloyds-register-launches-biofuel-advisory-530074
https://www.marinelink.com/news/lloyds-register-launches-biofuel-advisory-530074U.S. President Donald Trump's administration is on a mission to weaken China's global network of ports and bring more strategic terminals under Western control, according to three sources familiar with the plan.The drive is part of the most ambitious effort to expand U.S.
https://www.marinelink.com/news/chinas-hold-global-ports-focus-trump-530076
https://www.marinelink.com/news/chinas-hold-global-ports-focus-trump-530076EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it has signed an agreement to sell M/V Eirini P., a 76,466 dwt drybulk vessel, built in 2004, to an unaffiliated third party, for approximately $8.5 million. The vessel is expected to be delivered to ...
https://www.hellenicshippingnews.com/eurodry-ltd-announces-agreement-to-sell-m-v-eirini-p-a-2004-built-panamax-bulk-carrier/