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Celsius Shipping, a 36-ship-strong owner, has once again demonstrated sharp asset play skills by turning a healthy profit on its remaining two MR2 tankers. Broking sources tell Splash that Celsius has flipped both 2021-built MR2s for around $35.5m each, having acquired them as resales in 2021 for $31.5m each. The tankers are 50,000 dwt in …
https://splash247.com/celsius-exits-mr2-sector/
https://splash247.com/celsius-exits-mr2-sector/Greek owner and operator Meadway Bulkers has bolstered its shipbuilding programme in Japan by adding another ultramax to its orderbook. The George Dellaportas-led outfit has revealed a 64,000 dwt newbuilding at Imabari Shipbuilding with delivery expected in the second quarter of 2027. Prior to this, the Athens-based company, which currently lists 15 ships in its …
https://splash247.com/meadway-bulkers-reveals-ultramax-order-in-japan/
https://splash247.com/meadway-bulkers-reveals-ultramax-order-in-japan/French gas containment specialist GTT is spending $219.7m to buy maritime analytics firm Danelec from Verdane, a European private equity company. The transaction is expected to be completed at the beginning of the second half of 2025. Danelec initially specialised in the development of voyage data recorders (VDRs), before branching out into safety and performance …
https://splash247.com/gtt-buys-danelec/
https://splash247.com/gtt-buys-danelec/All week, Splash will be bringing readers reports from Geneva Dry, the world’s premier commodities shipping conference, which took place on April 28 and 29 with more than 820 delegates in attendance. Today’s panel in focus features a brand new slot: EVs And The Supercharging Of Dry Bulk. Electric vehicles are changing seaborne trading patterns …
https://splash247.com/how-rising-demand-for-electric-vehicles-is-changing-the-face-of-dry-bulk/
https://splash247.com/how-rising-demand-for-electric-vehicles-is-changing-the-face-of-dry-bulk/Ports across Northern Europe are dealing with what broker Braemar describes as “serious congestion” right now. In Antwerp, Braemar reported yesterday the yard is already at 96% capacity, and reefer plugs are overloaded at 112%. Nearly half the arriving ships are waiting for a berth, and there are 52 more containerships on the way. Bremerhaven …
https://splash247.com/boxships-back-up-across-northern-europe/
https://splash247.com/boxships-back-up-across-northern-europe/At least three people died and nine others, including two children, were missing after a small boat capsized in choppy seas off the California coast in an apparent migrant smuggling attempt north of San Diego, U.S. officials said on Monday.Four…
https://www.marinelink.com/news/least-three-dead-small-boat-capsizes-near-525383
https://www.marinelink.com/news/least-three-dead-small-boat-capsizes-near-525383U.S. Defense Secretary Pete Hegseth on Monday ordered a 20% reduction in the number of four-star officers, deepening cuts at the Pentagon that have shaken the Department of Defense at the start of President Donald Trump's second term in office.Hegseth…
https://www.marinelink.com/news/us-slash-seniormost-ranks-military-525384
https://www.marinelink.com/news/us-slash-seniormost-ranks-military-525384Maersk has begun the roll-out of its new digital connectivity platform OneWireless aboard 450 vessels.The IoT connectivity platform will be used by all Maersk-owned vessels and more than 100 time-chartered vessels in the fleet.The platform is…
https://www.marinelink.com/news/maersk-upgrading-iot-connectivity-across-525386
https://www.marinelink.com/news/maersk-upgrading-iot-connectivity-across-525386The US Coast Guard’s Office of Commercial Vessel Compliance has released the U.S. Port State Control Annual Report for 2024 noting a decrease in detention rate due to fire safety issues.The annual detention rate decreased from 1.22 to 0.94%.Fire…
https://www.marinelink.com/news/us-port-state-control-sees-decline-fire-525387
https://www.marinelink.com/news/us-port-state-control-sees-decline-fire-525387A life cycle assessment (LCA) conducted by the Global Centre for Maritime Decarbonisation (GCMD) has quantified onboard carbon capture’s potential to provide GHG emissions savings.The study provides an in-depth analysis of GHG emissions and…
https://www.marinelink.com/news/onboard-carbon-capture-lifecycle-525388
https://www.marinelink.com/news/onboard-carbon-capture-lifecycle-525388