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Greek owner Kyklades Maritime has almost doubled its money on a 2009-built VLCC it has just sold for $62m, offloading the Imabari-built, 310,000 dwt . The ship was added from Nippon Yusen Kaisha (NYK) for $38m in July 2021. The Greek tanker player has decided to let go of its only VLCC despite the fact …
https://splash247.com/kyklades-nets-big-price-for-2009-built-vlcc/
https://splash247.com/kyklades-nets-big-price-for-2009-built-vlcc/The car carrier orderbook is surging, up by 30% in the year-to-date, and now represents 25% of the fleet on the water, according to data from Gersemi Asset Management. Another notable trend in this booming sector is the reentry of global container carriers. After a decade of limited orders, car carriers have become hot shipping …
https://splash247.com/car-carrier-orderbook-surges-by-30-in-opening-three-months-of-2023/
https://splash247.com/car-carrier-orderbook-surges-by-30-in-opening-three-months-of-2023/John Fredriksen-backed Flex LNG has completed its fleet refinancing programme, which resulted in a total cash position boost of $387m. The New York and Olso-listed company with a fleet of 13 LNG carriers has finalised the process with a new $290m loan deal to refinance the 2021-built Flex Freedom and Flex Vigilant. It also completed …
https://splash247.com/flex-lng-wraps-up-fleet-refinancing/
https://splash247.com/flex-lng-wraps-up-fleet-refinancing/Danish shipping and logistics group Maersk has sealed a strategic cooperation deal with Shanghai International Port Group (SIPG) for a methanol marine fuel project at the world’s largest container port. Under a memorandum of understanding, the two parties will work together to explore green methanol ship-to-ship bunkering after Maersk takes delivery of its dual-fuel containerships …
https://splash247.com/maersk-teams-up-with-shanghai-port-on-green-methanol-bunkering/
https://splash247.com/maersk-teams-up-with-shanghai-port-on-green-methanol-bunkering/Singapore’s Norstar Shipping and Dubai’s Tristar Group have established a joint venture company to charter and operate chemical and clean petroleum product tankers. Norstar Chartering Services DMCC, set to commence operations within the next few weeks, will be based in Dubai and have additional regional offices in the US and Singapore. “This latest business decision …
https://splash247.com/norstar-and-tristar-set-up-chemical-tanker-venture/
https://splash247.com/norstar-and-tristar-set-up-chemical-tanker-venture/North Korea has tested a new nuclear-capable underwater attack drone, state media reported on Friday, as leader Kim Jong Un warned joint military drills by South Korea and the U.S. should stop.During the test, the new North Korean drone cruised…
https://www.marinelink.com/news/north-korea-tests-new-nuclearcapable-503901
https://www.marinelink.com/news/north-korea-tests-new-nuclearcapable-503901Danish shipping company Maersk Tankers announced its chief commercial officer Eva Birgitte Bisgaard is stepping down effect immediately.Christian M. Ingerslev, chief executive officer of Maersk Tankers, takes over responsibility for the company’s…
https://www.marinelink.com/news/maersk-tankers-cco-eva-birgitte-bisgaard-503902
https://www.marinelink.com/news/maersk-tankers-cco-eva-birgitte-bisgaard-503902Recent storms that crossed the San Francisco Bay Area earlier this week left multiple vessels, docks, and barges adrift, causing navigational safety issues around the areaThree 60-foot deck barges were adrift, causing an allision with the 3rd Street Bridge at McCovey Cove leading to Mission Creek.
https://www.marinelink.com/news/san-francisco-area-storms-wreak-havoc-503903
https://www.marinelink.com/news/san-francisco-area-storms-wreak-havoc-503903HII announced Julie Jarrell Gresham has been named vice president and chief counsel of the company’s Ingalls Shipbuilding division. She will succeed George Simmerman Jr. who will retire March 31, 2023, after 32 years with the company.Gresham…
https://www.marinelink.com/news/gresham-named-vp-chief-counsel-ingalls-503904
https://www.marinelink.com/news/gresham-named-vp-chief-counsel-ingalls-503904Alice Cosulich, the first of two Small Scale & Bunker Vessels for Fratelli Cosulich Group was recently christened and luanced at the CIMC SOE shipyard in China.Giulia Cosulich, ESG Corporate Director at Fratelli Cosulich Group, acted as the…
https://www.marinelink.com/news/first-lng-bunker-ship-launched-china-503890
https://www.marinelink.com/news/first-lng-bunker-ship-launched-china-503890