Germany’s Hapag-Lloyd, the world’s fifth largest liner, is set to roll out Starlink satellite internet technology across its fleet. This strategic decision comes after a successful pilot phase. Since May, crewmembers aboard four pilot vessels have had the opportunity to test the Starlink technology. The feedback from these trials has been very positive.  “The high-speed …

https://splash247.com/hapag-lloyd-to-roll-out-starlink-across-entire-fleet/

As has been well telegraphed, China’s state-owned shipping behemoths are going hard after methanol as a future fuel. To this end, COSCO, the world’s largest shipowner, has teamed with three other state-run firms – State Power Investment Corporation Limited (SPIC), Shanghai International Port Group (SIPG), and China Certification & Inspection Group (CCIC) – to develop …

https://splash247.com/cosco-developing-green-methanol-industrial-chain/

Trade union Nautilus International has made a joint statement with Swiss shipowners urging the Swiss government to save the Swiss flag. They reject the Swiss government’s current proposed draft framework for shipping which misses the opportunity to ensure ships register under the flag. It is well known that the number of ocean-going vessels flying the …

https://splash247.com/swiss-shipping-flag-in-danger-of-disappearing/

Norwegian shipbroker Fearnleys has snapped up UK-based Ocean Shipbrokers, bolstering its activities in tankers, sale and purchase and LPG. Fearnleys said the move will see the company double the size of its tanker team, client reach and market coverage.  Set up in 2006, Ocean Shipbrokers has a tanker presence in Beijing, Singapore, Dubai, Geneva, Oslo …

https://splash247.com/fearnleys-takes-over-ocean-shipbrokers/

What will be the percentage breakdown of fuel types for all the ships that come out of yards in 2030? It’s the crystal ball guesstimate that divides shipping more than any other topic these days. The winner of the future fuels debate. For the purposes of our new magazine, Ship Concept 2030, the breakdown of …

https://splash247.com/shippings-64bn-fuel-question/

The Shanghai Containerized Freight Index (SCFI) fell another 4% today, the key box spot index remaining stubbornly below 1,000 points at 911.71 points. Likewise, Drewry’s World Container Index, another composite spot indicator, fell 5.2% to $1,479.48 per feu, albeit it remains 4% higher than average 2019, pre-pandemic rates. Rates from Asia to North Europe and …

https://splash247.com/blanked-sailings-fail-to-halt-plummeting-spot-indices/

Malaysia’s Dayang Enterprise has secured a contract extension from Sapura OMV Upstream, the parent company said in a filing with Bursa Malaysia. The deal, which covers maintenance, construction, and modification services offshore Malaysia, will last through to December 31, 2024. The value of the contract extension is based on work orders issued by Sapura OMV …

https://splash247.com/dayang-awarded-more-work-by-sapura-omv/

Chinese boxship operator SITC International Holdings is expanding its owned fleet with the acquisition of five secondhand ships and two new units under construction from a company associated with its chairman, Yang Shaopeng. The Hong Kong-listed shipowner has sealed a deal with SITC Investment to take over five of its shipowning entities and one that …

https://splash247.com/sitc-boosts-owned-fleet-with-seven-ship-deal/

French cabling specialist Nexans has returned to Norwegian shipbuilder Ulstein with a contract on the construction of a large DP3 cable laying vessel. The vessel, an ST-297 CLV design by Skipsteknisk, will be an updated version of the Nexans Aurora, delivered in 2021. “We awarded the contract for a new vessel to Ulstein after an …

https://splash247.com/nexans-contracts-cable-layer-newbuild-at-ulstein/

Greek owner Pyxis Tankers is selling one of its product carriers to an unaffiliated US buyer for $40.75m in cash. The Nasdaq-listed company has struck a deal to offload the 2015-built 50,295 dwt MR2 , currently estimated by VesselsValue at $35.5m. Up until recently, a product tanker pure-play with four ships in its fleet said …

https://splash247.com/pyxis-tankers-gets-40-7m-from-us-buyer-for-eight-year-old-mr2/