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Idan Ofer’s Eastern Pacific Shipping (EPS) has added to its massive orderbook with a fresh deal for MR product tanker newbuilds in China. The Singapore-based diversified shipowner, with more than 70 newbuilding projects, has contracted for up to eight 50,000 dwt product carriers at Fujian Mawei Shipbuilding. The order covers four firm conventionally fueled units …
https://splash247.com/eastern-pacific-books-up-to-eight-product-tankers-at-fujian-mawei/
https://splash247.com/eastern-pacific-books-up-to-eight-product-tankers-at-fujian-mawei/It is the largest port under construction in South America, something the Chinese ambassador in Lima has claimed will transform a former fishing village 70 km north of the capital into Peru’s Shanghai. However, the construction of Chancay port, set to be opened by president Xi Jinping in November, has not been without controversy. From …
https://splash247.com/coscos-battle-to-open-peruvian-megaport-could-go-to-international-arbitration/
https://splash247.com/coscos-battle-to-open-peruvian-megaport-could-go-to-international-arbitration/The U.S. military's cost estimate to build a pier off Gaza to deliver humanitarian aid has risen to $320 million, a U.S. defense official and a source familiar with the matter told Reuters.The figure, which has not been previously reported,…
https://www.marinelink.com/news/us-militarys-pier-gaza-cost-million-513315
https://www.marinelink.com/news/us-militarys-pier-gaza-cost-million-513315An Italian navy ship shot down a drone fired by Yemen's Houthi rebels and targeting a European cargo, the Italian defense ministry said in a statement on Monday.The drone was intercepted "in the late morning" near the Bab-el-Mandeb strait at the southern end of the Red Sea…
https://www.marinelink.com/news/italy-thwarts-houthi-drone-attack-red-sea-513316
https://www.marinelink.com/news/italy-thwarts-houthi-drone-attack-red-sea-513316The Baltic Exchange's dry bulk sea freight index fell on Monday, hurt by weaker demand across all vessel segments, with rates for capesize vessels hitting its lowest level in nearly three months.The overall index, which factors in rates for capesize…
https://www.marinelink.com/news/baltic-dry-index-slips-weaker-vessel-513319
https://www.marinelink.com/news/baltic-dry-index-slips-weaker-vessel-513319China's coast guard said on Monday it "expelled" a Philippine coast guard ship and another vessel from waters adjacent to the Scarborough Shoal, Chinese state media reported.The coast guard did not provide additional information, according to the report from Chinese state media broadcaster CCTV…
https://www.marinelink.com/news/chinas-coast-guard-expels-philippine-513320
https://www.marinelink.com/news/chinas-coast-guard-expels-philippine-513320The New Zealand government may restart the live export trade which has been banned since May 1, 2023.The ban was imposed in response to veterinarians, animal welfare advocates and the New Zealand public decrying conditions and outcomes for the animals.
https://www.marinelink.com/news/concerns-voiced-potential-restart-new-513321
https://www.marinelink.com/news/concerns-voiced-potential-restart-new-513321The IMO's Legal Committee met in person for its 111th session at IMO Headquarters in London from April 22 to 26 April 2024, and finalized guidelines on the fair treatment of seafarers detained on suspicion of committing crimes.These are to be…
https://www.marinelink.com/news/imo-finalizes-guidelines-fair-treatment-513322
https://www.marinelink.com/news/imo-finalizes-guidelines-fair-treatment-513322H2SITE’s AMMONIA to H2POWER technology for ammonia cracking onboard has received Approval in Principle (AiP) from Lloyd’s Register (LR).The technology is an onboard containerized solution that produces fuel-cell-quality hydrogen using ammonia.
https://www.marinelink.com/news/ammonia-cracking-technology-receives-lr-513323
https://www.marinelink.com/news/ammonia-cracking-technology-receives-lr-513323