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Mumbai-based coastal and domestic tanker operator Seven Islands Shipping is accelerating its pivot toward clean tonnage with the quiet acquisition of a third clean tanker. The company has emerged as the buyer of the 2008-built Prosper, formerly known as Songa Kari, from Norway’s Songa Chemicals. This latest addition brings the total number of clean tankers …
https://splash247.com/seven-islands-shipping-ramps-up-investment-in-clean-tanker-fleet/
https://splash247.com/seven-islands-shipping-ramps-up-investment-in-clean-tanker-fleet/Greek owner Evalend Shipping has bolstered its suezmax newbuilding orderbook in South Korea, with two additional units lined up for construction at HD Hyundai Samho. Shipbuilding sources have named the Kriton Lendoudis-led company behind the recently announced order for a pair of 157,000 dwt newbuilds with delivery expected in April and June 2027. The scrubber-fitted …
https://splash247.com/evalend-adds-to-south-korean-suezmax-orderbook/
https://splash247.com/evalend-adds-to-south-korean-suezmax-orderbook/The International Labour Organization (ILO) has initiated a comprehensive diagnostic study of Pakistan’s ship recycling value chain, aiming to enhance occupational safety, and facilitate a green transition within the sector. This effort is part of the Safe and Environmentally Sound Ship Recycling and Decent Work (SENSREC-DW) project, a collaboration between the ILO and the International …
https://splash247.com/ilo-seeks-to-help-out-pakistans-archaic-shipbreaking-practices/
https://splash247.com/ilo-seeks-to-help-out-pakistans-archaic-shipbreaking-practices/Singapore’s Global Centre for Maritime Decarbonisation (GCMD) has successfully completed the world’s first pilot demonstrating the full value chain for carbon dioxide (CO₂) captured onboard ships. The pilot was executed in two main phases. Phase one involved the ship-to-ship (STS) transfer of 25.44 metric tons of liquefied CO₂ (LCO₂) from the container vessel Ever Top …
https://splash247.com/landmark-carbon-capture-pilot-completed-in-china/
https://splash247.com/landmark-carbon-capture-pilot-completed-in-china/Mitsui OSK Lines (MOL) and Mitsubishi Shipbuilding have received the world’s first approval in principle (AiP) from ClassNK for a dual-purpose liquefied CO₂ (LCO₂) / methanol carrier with its backers claiming the vessel design marks a significant leap toward a more efficient and circular carbon economy at sea. It is engineered to transport liquefied carbon …
https://splash247.com/japanese-unveil-dual-purpose-carrier-for-co2-and-methanol/
https://splash247.com/japanese-unveil-dual-purpose-carrier-for-co2-and-methanol/India’s state-run Mazagon Dock Shipbuilders Limited (MDL) has announced its first international acquisition by securing a controlling 51% stake in Sri Lanka’s Colombo Dockyard for $52.96m. The Sri Lankan yard had previously been controlled by Japan’s Onomichi Dockyard which had been looking for investors to take over its stake. Colombo Dockyard, established in 1974 and …
https://splash247.com/indian-shipbuilder-buys-majority-stake-in-sri-lankas-largest-yard/
https://splash247.com/indian-shipbuilder-buys-majority-stake-in-sri-lankas-largest-yard/Indian state-owned Mazagon Dock Shipbuilders said it would buy a controlling stake in Sri Lankan peer Colombo Dockyard in a deal not exceeding $52.96 million to grow its shipbuilding and repair business.The transaction, involving the acquisition of at least 51% equity in Colombo Dockyard, will close
https://www.marinelink.com/news/india-buy-controlling-stake-colombo-527424
https://www.marinelink.com/news/india-buy-controlling-stake-colombo-527424The 110th session of the Maritime Safety Committee (MSC 110) was held from June 18 to 27, with significant progress on a new non-mandatory code of safety for autonomous ships (MASS Code).The code addresses the emerging need for a regulatory framework to ensure the safe…
https://www.marinelink.com/news/autonomous-ships-search-rescue-527425
https://www.marinelink.com/news/autonomous-ships-search-rescue-527425As there is currently a shortage of mariners, the U.S. Coast Guard has considered the barrier to mariner career progression presented by Title 46 CFR 11.211(d), Service on Articulated Tug Barges (ATB) and Integrated Tug Barges (ITB). This regulation…
https://www.marinelink.com/news/us-coast-guard-extend-credit-atb-service-527426
https://www.marinelink.com/news/us-coast-guard-extend-credit-atb-service-527426Mitsubishi Shipbuilding and Mitsui O.S.K. Lines have acquired Approval in Principle (AiP) from CLassNK for the design of their jointly developed liquefied CO2 (LCO2) and methanol carrier, a world first for this type of vessel.The vessel is based on a low-pressure LCO2 carrier.
https://www.marinelink.com/news/aip-granted-worlds-first-lco-methanol-527431
https://www.marinelink.com/news/aip-granted-worlds-first-lco-methanol-527431