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Shipbuilding might be enjoying record-long orderbooks and elevated prices, but margins remain wafer-thin for many as evidenced in South Korea where one of the nation’s oldest shipyards has applied for a debt workout with its main creditor. Busan-based Daesun Shipbuilding & Marine Engineering, whose history dates back to 1945, has sought debt protection from the …
https://splash247.com/korean-shipyard-seeks-bank-protection/
https://splash247.com/korean-shipyard-seeks-bank-protection/With just over two months to go until its implementation, the European Union’s emissions trading system (EU ETS) is proving to be as contentious as the 2020 scrubber debate. The lead story in this month’s Splash Extra identifies the inconsistencies with the new regulation with suggestions for urgent patches to make the ruling more functional. …
https://splash247.com/inconsistencies-of-the-upcoming-eu-emissions-trading-system-laid-bare/
https://splash247.com/inconsistencies-of-the-upcoming-eu-emissions-trading-system-laid-bare/French family-owned shipowner Louis Dreyfus Armateurs (LDA) has been tapped by Airbus, the world’s biggest planemaker to renew its fleet of chartered roro vessels. LDA is to build, own and operate three modern, low-emission sips, supported by wind-assisted propulsion. “This new project, setting high targets, reflects our ambition regarding the decarbonisation of the shipping industry,” …
https://splash247.com/louis-dreyfus-armateurs-to-order-wind-assisted-roros-for-airbus-charter/
https://splash247.com/louis-dreyfus-armateurs-to-order-wind-assisted-roros-for-airbus-charter/Fort Lauderdale, Fla. based SEACOR Holdings Inc. announced it has signed a definitive agreement to sell its inland river transportation and logistics business to Ingram Barge Company LLC, a division of Nashville-based Ingram Marine Group.Part of the SEACOR family of businesses for over two decades…
https://www.marinelink.com/news/seacor-sells-inland-river-business-ingram-509016
https://www.marinelink.com/news/seacor-sells-inland-river-business-ingram-509016Louis Dreyfus Armateurs (LDA) said it has been tapped by Airbus to renew its entire fleet of chartered vessels for aircraft subassembly transport with three modern, low-emission roll-on / roll-off vessels, supported by wind-assisted propulsion.LDA…
https://www.marinelink.com/news/louis-dreyfus-operate-methanol-509018
https://www.marinelink.com/news/louis-dreyfus-operate-methanol-509018Bellingham, Wash. boatbuilder All American Marine (AAM) has launched the newly built RV Gannet for NOAA Gray’s Reef National Marine Sanctuary (GRNMS).The newbuild is a 52’- by 19-foot semi-displacement aluminum catamaran hull that was developed by Nic de Waal of Teknicraft Design in Auckland…
https://www.marinelink.com/news/american-marine-launches-new-research-509019
https://www.marinelink.com/news/american-marine-launches-new-research-509019The Ocean Alliance risks running the wrath of regulators given how large it is set to become in the coming years, new analysis from box watchers at Alphaliner suggests. The Ocean Alliance, whose members are Evergreen, CMA CGM, COSCO and its subsidiary Orient Overseas Container Line (OOCL), have an agreement in place to work together …
https://splash247.com/growing-dominance-of-the-ocean-alliance-risks-running-the-wrath-of-regulators/
https://splash247.com/growing-dominance-of-the-ocean-alliance-risks-running-the-wrath-of-regulators/Maritime voyage management system firm Dataloy and US maritime artificial intelligence firm Nautilus Labs have teamed up to design a unified maritime decision-making platform. The integration will leverage Dataloy’s robust API infrastructure, allowing Nautilus Labs to ingest vital maritime data — from noon reports and commercial specifics to pertinent environmental metrics. Using this source of …
https://splash247.com/dataloy-and-nautilus-labs-in-maritime-decision-making-partnership/
https://splash247.com/dataloy-and-nautilus-labs-in-maritime-decision-making-partnership/Global adoption of just-in-time (JIT) port arrivals in the container shipping sector has the potential to diminish emissions by 5%. This reduction translates to roughly 17m tonnes of CO2 emissions annually, according to a recently published white paper. The ‘Untapped Potential of Just-In-Time Port Arrivals’ white paper is based on findings of field trials conducted …
https://splash247.com/just-in-time-port-calls-could-slash-boxship-emissions-by-at-least-5/
https://splash247.com/just-in-time-port-calls-could-slash-boxship-emissions-by-at-least-5/Yara Growth Ventures, part of Norwegian fertilizer maker Yara, and New York-listed handysize gas carrier owner and operator Navigator Holding are backing Norwegian startup Azane Fuel Solutions which aims to establish a green ammonia fuel bunker network. The duo led a $5.7m investment round, acquiring a 14.5% stake in a joint venture between ECONNECT Energy …
https://splash247.com/yara-and-navigator-pump-cash-into-norwegian-ammonia-bunkering-startup-azane/
https://splash247.com/yara-and-navigator-pump-cash-into-norwegian-ammonia-bunkering-startup-azane/