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US-listed bulker owner Genco Shipping & Trading has hit back in its ongoing boardroom battle with Greek magnate George Economou saying his nominee to the Genco board has a history of declining shareholder value and underperformance. Economou, who, via his affiliated investment vehicles, holds about a 5.4% ownership stake in Genco, filed a proxy to …
https://splash247.com/genco-takes-aim-at-economous-board-pick/
https://splash247.com/genco-takes-aim-at-economous-board-pick/Officials expect to have removed the Dali containership from its lodged position in Baltimore port by May 10. The 9,962 teu ship took out the Francis Scott Key Bridge on March 26 and has been wedged onto the bed of the Patapsco River ever since. So far, 3,300 tons of debris have been removed from …
https://splash247.com/dali-boxship-to-be-removed-by-may-10/
https://splash247.com/dali-boxship-to-be-removed-by-may-10/The teu tsunami coming out of Asian yards shows no let-up, but for the time being the armada of newbuilds is being absorbed with liner executives confident of decent financial results for the coming months. March had already seen 41 new vessels and 260,000 teu delivered, but April topped this with Alphaliner recording 50 new …
https://splash247.com/11100-new-slots-a-day-april-smashes-records-for-liner-deliveries/
https://splash247.com/11100-new-slots-a-day-april-smashes-records-for-liner-deliveries/Corvus Energy has been selected by HAF Power Solutions (HPS) to supply Energy Storage Systems (ESS) for the Energy Subsea Construction Vessel (ESCV) to be built for shipowner REM Offshore.The new ESCV is of ST-245 design and will be the first…
https://www.marinelink.com/news/corvus-energy-supply-ess-first-net-zero-513353
https://www.marinelink.com/news/corvus-energy-supply-ess-first-net-zero-513353The evolving environmental, social and governance (ESG) agenda is a roadmap for thriving amidst challenges and securing sustainable success, says The International Association of Dry Cargo Shipowners (INTERCARGO) on publishing its first ESG Review.Kostas Gkonis…
https://www.marinelink.com/news/intercargo-publishes-first-esg-review-513354
https://www.marinelink.com/news/intercargo-publishes-first-esg-review-513354Carbon Clean has achieved a fabrication milestone on Ørsted’s FlagshipONE project, Europe’s largest commercial-scale e-methanol facility under construction. The first equipment has been mounted on the structural steel of the first module, marking…
https://www.marinelink.com/news/carbon-clean-starts-ccs-module-513356
https://www.marinelink.com/news/carbon-clean-starts-ccs-module-513356Since the European Union sanctioned Russian oil exports in 2022, crude oil and dirty and clean petroleum products (CPP) have found new buyers. “India and China have taken most of the crude oil and dirty products while Turkey and Brazil have emerged as the main buyers of CPP.
https://www.marinelink.com/news/brazils-import-russian-clean-petroleum-513357
https://www.marinelink.com/news/brazils-import-russian-clean-petroleum-513357Dennis Tetzlaff has been appointed Stena Line’s new Chief Operating Officer Fleet.Tetzlaff enters his new role with a wealth of experience, having worked in various professions within the shipping and cruise industry over the past two decades.
https://www.marinelink.com/news/dennis-tetzlaff-appointed-coo-fleet-stena-513358
https://www.marinelink.com/news/dennis-tetzlaff-appointed-coo-fleet-stena-513358Bellingham, Wash. shipbuilder All American Marine (AAM) has delivered a new high-speed and long-range eco-tour vessel to Phillips Cruises and Tours. The vessel will operate daily in Prince William Sound and will be based out of Whittier, AlaskaDeveloped…
https://www.marinelink.com/news/american-marine-delivers-513342
https://www.marinelink.com/news/american-marine-delivers-513342Greece has dropped criminal charges against dozens of international aid workers, ranging from spying to facilitating what authorities had called illegal entry into the country through the island of Lesbos, court documents showed on Tuesday.Most of the 35 people…
https://www.marinelink.com/news/greece-drops-criminal-charges-against-aid-513343
https://www.marinelink.com/news/greece-drops-criminal-charges-against-aid-513343