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AW Shipping, a joint venture of ADNOC Logistics & Services (ADNOC L&S) and China’s Wanhua Chemical Group, has splashed around $1.9bn on up to 13 newbuilds at Jiangnan Shipyard. The jv has contracted nine firm very large ethane carriers (VLECs) worth about $1.4bn in total and up to four very large ammonia carriers (VLACs) at …
https://splash247.com/adnoc-ls-venture-splurges-1-9bn-on-ethane-and-ammonia-carrier-newbuilds/
https://splash247.com/adnoc-ls-venture-splurges-1-9bn-on-ethane-and-ammonia-carrier-newbuilds/One of the great names in shipowning, Spyros Polemis, passed away on July 21. The Greek owner, who ran Seacrest Shipping, served as chairman of the International Chamber of Shipping (ICS) from 2006 to 2012 and had a long history of leadership within the shipping industry. “Mr Polemis was a tireless advocate for shipping, and …
https://splash247.com/spyros-polemis-passes-away/
https://splash247.com/spyros-polemis-passes-away/A host of entities have been established in Dubai to move Russian gas shipments around the world, in a move that mirrors how Moscow attempted to dodge sanctions for its oil exports. Nur Global Shipping, White Fox Ship Management and New Transshipment are some of the new names that have been established in Dubai as …
https://splash247.com/dubai-emerges-as-russias-gas-shipping-artery/
https://splash247.com/dubai-emerges-as-russias-gas-shipping-artery/The Board of Directors of the International Chamber of Shipping (ICS) are deeply saddened by the death of Spyros M Polemis, who served as Chairman of ICS from 2006 to 2012.Polemis had a long history of leadership of the maritime industry, previously…
https://www.marinelink.com/news/spyros-m-polemis-dies-515375
https://www.marinelink.com/news/spyros-m-polemis-dies-515375Seatrium Limited has secured a series of repairs and upgrades contracts with an aggregate value of S$180 million.All projects, with the exception of one, will be completed by end 2024. The range of complex contracts include major repairs on offshore vessels…
https://www.marinelink.com/news/seatrium-secures-s-million-repair-upgrade-515376
https://www.marinelink.com/news/seatrium-secures-s-million-repair-upgrade-515376Russia and China are increasingly cooperating in the Arctic region, which could impact regional stability, the U.S. military said as it released its strategy for the Arctic region on Monday.Russia has reopened hundreds of Soviet-era military sites in the Arctic, the report said.
https://www.marinelink.com/news/pentagon-eyes-growing-cooperation-russia-515378
https://www.marinelink.com/news/pentagon-eyes-growing-cooperation-russia-515378Iran's Islamic Revolutionary Guard Corps has intercepted a Togo-flagged, UAE-managed products tanker carrying 1,500 tons of marine gas oil, the IRGC and British security firm Ambrey said on Monday.The vessel had loaded marine gas oil off the…
https://www.marinelink.com/news/irans-revolutionary-guards-seize-tanker-515379
https://www.marinelink.com/news/irans-revolutionary-guards-seize-tanker-515379Australia has awarded new offshore acreage for petroleum exploration and carbon capture and storage (CCS) opportunities.The Minister for Resources and Northern Australia Madeleine King will finalize permits for Esso and Beach Energy in the Otway and Sorrell Basins…
https://www.marinelink.com/news/australia-awards-new-offshore-acreage-515380
https://www.marinelink.com/news/australia-awards-new-offshore-acreage-515380NYK Bulkship (Atlantic) N.V. has installed two wind-assist VentoFoils on the bulk carrier NBA Magritte at the port of Rotterdam. The vessel is engaged in a long-term charter contract with Cargill (USA).This is the first time a unit of this type…
https://www.marinelink.com/news/nyk-group-installs-first-windassist-units-515381
https://www.marinelink.com/news/nyk-group-installs-first-windassist-units-515381Germany’s United Product Tankers (UPT) has closed up shop after experiencing difficulties securing tonnage for commercial management and pooling. The Hamburg-based outfit of the Columbia Group recently ceased its operations after 21 years in the business, citing the impact of positive sentiment in the product tanker segment that has led its clients to either cash …
https://splash247.com/united-product-tankers-closes-its-doors/
https://splash247.com/united-product-tankers-closes-its-doors/