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John Fredriksen’s SFL Corporation has locked in fresh revenue with Maersk, agreeing to five-year charter extensions for three 9,500 teu container ships, starting in 2026. The renewed deals will add around $225m to the company’s contracted backlog. The vessels will remain with the Danish liner through to 2031, the New York-listed owner said in its …
https://splash247.com/sfl-bags-225m-in-maersk-charter-extensions/
https://splash247.com/sfl-bags-225m-in-maersk-charter-extensions/Two well-known names in LNG shipping have been linked to fresh orders at Samsung Heavy Industries, as newbuilding activity in the gas carrier segment shows signs of life. The South Korean yard confirmed this week it had secured contracts for six 174,000 cu m vessels worth around $1.5bn. While owners were not publicly disclosed, industry …
https://splash247.com/tms-cardiff-gas-and-celsius-tied-to-1-5bn-samsung-lng-orders/
https://splash247.com/tms-cardiff-gas-and-celsius-tied-to-1-5bn-samsung-lng-orders/The tremendous, record volume of container newbuildings due to enter the market in the coming years will require a huge swathe of the box fleet to be scrapped, something that is not happening at present. Splash’s lead story yesterday carried data from Linerlytica suggesting the container orderbook had hit 10.4m teu, with the orderbook ratio …
One of the world’s most famous names in shipping has disappeared following a shareholder vote yesterday in Bermuda. Golden Ocean Group, originally founded in 1978 by Fred Cheng before being sold under Chapter 11 protection to John Fredriksen’s Frontline in 2000, has now been folded into Alexander Saverys-led CMB.TECH with its shares delisted in New …
https://splash247.com/golden-ocean-name-consigned-to-history-after-cmb-tech-takeover/
https://splash247.com/golden-ocean-name-consigned-to-history-after-cmb-tech-takeover/A Panama-flagged chemical/oil products tanker has reportedly been severely damaged in Russian drone strike at the port of Izmail, Ukraine. The 7,842 dwt Excellion was moored at the eastern pier of the Izmail Oil Transshipment Complex during the early hours of August 20 when a series of UAV strikes were launched by Russian forces against …
https://splash247.com/tanker-hit-in-russian-drone-strike-on-izmail-port/
https://splash247.com/tanker-hit-in-russian-drone-strike-on-izmail-port/NV5 has unveiled its latest precision hydrography innovations in the Great Lakes, enabling maritime stakeholders to “Own the Lakebed, Master the Mission." To showcase these breakthrough capabilities, NV5 will host a free, live webinar on Wednesday…
https://www.marinelink.com/news/nv-advances-hydrography-great-lakes-join-529132
https://www.marinelink.com/news/nv-advances-hydrography-great-lakes-join-529132Giant black pipes inserted into the funnels of ships to contain emissions will be seen in Europe for the first time, following UK government funding to get California-based STAX Engineering’s carbon capture kit to British ports. STAX Engineering is working with UK-based onboard carbon capture specialist Seabound, Associated British Ports (ABP), and Lomar Shipping to …
https://splash247.com/black-pipes-land-in-europe-as-uk-backs-ship-carbon-capture-trial/
https://splash247.com/black-pipes-land-in-europe-as-uk-backs-ship-carbon-capture-trial/Donald Trump’s tariffs have had a surprising effect on the shipping’s largest sector, argues one of the most famous names in dry bulk in today’s Maritime CEO interview. “The shifts in global trades they caused have helped improve the dry bulk freight supply/demand picture mostly via increased tonne mile demand, which has raised spot and …
https://splash247.com/c-transport-maritime-radziwills-take-on-tariffs-and-dry-bulk/
https://splash247.com/c-transport-maritime-radziwills-take-on-tariffs-and-dry-bulk/It was at an 18th century Georgian manor house outside London that Japanese lawmaker Rui Matsukawa began to have serious doubts about America’s commitment to defending her country.Matsukawa, a former deputy defense minister, traveled in March…
https://www.marinelink.com/news/trump-shock-spurs-japan-unthinkable-529109
https://www.marinelink.com/news/trump-shock-spurs-japan-unthinkable-529109The navies of the Philippines, Australia and Canada were conducting a joint sail in the South China Sea on Tuesday, an area of flaring tensions following a collision between two Chinese vessels last week.The Philippine frigate BRP Jose Rizal…
https://www.marinelink.com/news/philippines-australia-canada-navies-sail-529110
https://www.marinelink.com/news/philippines-australia-canada-navies-sail-529110