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Oskar Levander from Kongsberg Maritime writes for Splash today. For almost two decades, efficiency has been routine good practice in shipping. Owners have cut fuel burn and improved hull and propeller performance. These useful measures were often treated in isolation as cost control. However, this approach no longer fits the complexity facing the sector, nor …
https://splash247.com/efficiency-and-the-new-economics-of-shippings-decarbonisation/
https://splash247.com/efficiency-and-the-new-economics-of-shippings-decarbonisation/After seven strikes on cargo ships near NATO members Romania and Bulgaria last month, the US-led military alliance said it would deploy maritime patrol aircraft, radars and drones to bolster its eastern flank in the Black Sea.Three days later…
https://www.marinelink.com/news/black-sea-maritime-war-spreads-nato-faces-544091
https://www.marinelink.com/news/black-sea-maritime-war-spreads-nato-faces-544091Singapore-based Asia Break Bulk has secured four 12,600 dwt multipurpose heavylift newbuildings through a long-term deal with Schoeller Holdings. The COLI Group-controlled carrier said the Octopus-type vessels, designed by China’s CSSC-SDARI, will feature two 250-tonne cranes capable of tandem lifts of up to 500 tonnes. The first ship is scheduled for delivery in October 2028, …
https://splash247.com/asia-break-bulk-adds-heavylift-muscle-in-schoeller-deal/
https://splash247.com/asia-break-bulk-adds-heavylift-muscle-in-schoeller-deal/Offshore engineering and construction specialist Subsea 7 has secured a contract worth between $150m and $300m from Aker BP for the fast-track development of the Lyra field in the Norwegian North Sea. The award covers EPCI for gas lift and production pipelines and associated subsea infrastructure for the development, formerly known as Kjøttkake. Located approximately …
https://splash247.com/subsea-7-lands-north-sea-subsea-contract-from-aker-bp/
https://splash247.com/subsea-7-lands-north-sea-subsea-contract-from-aker-bp/Singapore-listed Yangzijiang Maritime Development has signed a contract for four 50,000 dwt MR product tankers at Jiangsu Haifeng Shipbuilding, extending its extensive newbuilding programme in China. The Ren Yuanlin-led group recently concluded the deal after several rounds of tanker orders at Haifeng this year. No contract price or delivery schedule has been disclosed. The two …
https://splash247.com/yangzijiang-maritime-extends-tanker-buying-spree-at-haifeng/
https://splash247.com/yangzijiang-maritime-extends-tanker-buying-spree-at-haifeng/US banking giant JP Morgan has signed up for another two VLCC newbuildings at South Korea’s Hanwha Ocean, lifting its growing crude tanker orderbook to 12 vessels across yards in China and South Korea. Shipbuilding sources have tied the latest deal to the Wall Street lender’s maritime investment arm after Hanwha disclosed a KRW356.8bn ($267m) …
https://splash247.com/jp-morgan-doubles-down-on-vlccs-with-fresh-hanwha-deal/
https://splash247.com/jp-morgan-doubles-down-on-vlccs-with-fresh-hanwha-deal/Fuel-saving retrofits can pay for themselves long before the shipowner who funded them sees a return. A new BIMCO contract seeks to resolve shipping’s longstanding divide between who pays for efficiency and who pockets the savings. Alex Byelyavtsev reports. DNV’s Maritime Forecast to 2050 has a 5,000 teu case: bow modification, propeller retrofit and propeller …
https://splash247.com/when-the-ship-pays-back-before-the-owner-does/
https://splash247.com/when-the-ship-pays-back-before-the-owner-does/On October 31, the World Maritime University (WMU) celebrated the graduation of the Class of 2026. Representing a global community of maritime and oceans professionals, the graduates are equipped to apply their knowledge and expertise to the challenges facing the sector and contribute to a safer…
https://www.marinelink.com/news/wmu-celebrates-graduates-544076
https://www.marinelink.com/news/wmu-celebrates-graduates-544076Jody Peacock concluded his service as Chief Executive Officer of Ports of Indiana effective November 1. On that date, Ports of Indiana Chief Operating Officer Dave Parrott and Chief Financial Officer Erica Jackson began serving as the organization’s interim leadership team.
https://www.marinelink.com/news/ports-indiana-makes-november-leadership-544078
https://www.marinelink.com/news/ports-indiana-makes-november-leadership-544078At least seven migrants died off Spain's Canary Islands while more than 380 people were rescued on Monday, the country's maritime rescue services said.Two deceased people were found aboard a migrant boat when the coast guard rescued 132 people on Monday, 150 km (94 miles) off Lanzarote.
https://www.marinelink.com/news/seven-migrants-die-offshore-canary-544079
https://www.marinelink.com/news/seven-migrants-die-offshore-canary-544079