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Yangshan Port, located offshore Shanghai, has taken top position in the third edition of the global Container Port Performance Index (CPPI), despite periods of disruption caused by typhoons and various other factors in 2022. Developed by the World Bank and S&P Global Market Intelligence, the third edition of the CPPI is a data-based comparable index …
https://splash247.com/yangshan-tops-new-container-port-performance-index/
https://splash247.com/yangshan-tops-new-container-port-performance-index/John Fredriksen’s Seatankers has contracted Qingdao Shipyard in China for up to eight 82,000 dwt bulk carriers. No price or delivery date has been revealed for four firm kamsarmaxes measuring 229 m in length and with a design speed of 14 knots. The deal includes options for four additional ships, all designed to meet the …
https://splash247.com/fredriksen-signs-for-up-to-eight-bulk-carriers-in-china/
https://splash247.com/fredriksen-signs-for-up-to-eight-bulk-carriers-in-china/Another part of the infrastructure jigsaw to create the long-planned International North–South Transport Corridor (INSTC) is taking shape. The INSTC, a project originally launched by Russia, Iran and India in 2002, is a 7,200 km-long multi-mode network of ship, rail, and road to move freight between India, Iran, Azerbaijan, Russia, Central Asia and Europe. The …
https://splash247.com/freight-corridor-linking-moscow-with-mumbai-slowly-taking-shape/
https://splash247.com/freight-corridor-linking-moscow-with-mumbai-slowly-taking-shape/Leaders of the Group of Seven (G7) nations are meeting in Hiroshima and discussing further shipping-related sanctions on Russia. New measures announced by the leaders during the May 19-21 meetings will target sanctions evasion involving third countries, and seek to undermine Russia’s future energy production and curb trade that supports Russia’s military. An official announcement …
https://splash247.com/g7-leaders-discuss-further-russian-shipping-sanctions/
https://splash247.com/g7-leaders-discuss-further-russian-shipping-sanctions/Mitsui OSK Lines (MOL) has tapped South Korea’s Hyundai Mipo Dockyard to build a dual-fuel methanol carrier for delivery in 2025. The Japanese shipping giant has fixed the 47,800 dwt ship on a long-term charter contract with Mitsubishi Gas Chemical Company. The vessel, which will run on either methanol or conventional heavy fuel oil, will …
https://splash247.com/mol-orders-dual-fuel-methanol-carrier-for-mitsubishi-gas-chemical-charter/
https://splash247.com/mol-orders-dual-fuel-methanol-carrier-for-mitsubishi-gas-chemical-charter/Samsung Heavy Industries (SHI) has unveiled its newly designed ships at a recently held technology roadshow in Europe. The South Korean shipbuilder is targeting its European customers, including those in Greece, the UK and Italy, with new concepts for LNG carriers and eco containerships. An LNG unit introduced features three cargo tanks instead of the …
https://splash247.com/samsung-heavy-showcases-new-ship-designs/
https://splash247.com/samsung-heavy-showcases-new-ship-designs/China Merchants Energy Shipping (CMES) is continuing to grow its fleet with four more newbuild vessels. The Shanghai-listed energy transport unit of China Merchants Group said its board had approved the construction of two 175,000 cu m liquefied natural gas (LNG) carriers and two aframax tankers. CMES has not named its yard of choice, which …
https://splash247.com/china-merchants-readies-four-more-newbuilds/
https://splash247.com/china-merchants-readies-four-more-newbuilds/Russia's Sakhalin Energy operating company has filed a lawsuit in a Russian court over tugboats owned by Denmark's Svitzer, a unit of shipping and oil group A.P. Moller-Maersk, court documents showed on Thursday. The Russian court on the Pacific…
https://www.marinelink.com/news/sakhalin-energy-sues-svitzer-tugboats-505222
https://www.marinelink.com/news/sakhalin-energy-sues-svitzer-tugboats-505222South Africa has granted Turkey's Karpowership access to the three ports of Ngqura, Durban and Saldanha Bay for a period of 20 years, the transport ministry said on Thursday, as it tries to find solutions to the country's power crisis.Karpowership aims…
https://www.marinelink.com/news/south-africa-grants-turkeys-karpowership-505228
https://www.marinelink.com/news/south-africa-grants-turkeys-karpowership-505228Mobile, Ala. shipbuilder Austal USA announced it has been awarded a contract potentially worth more than $3 billion for the detail design and construction of new TAGOS-25 class ocean surveillance ships for the U.S. Navy.The $113.9 million fixed…
https://www.marinelink.com/news/austal-usa-awarded-us-navy-tagos-contract-505231
https://www.marinelink.com/news/austal-usa-awarded-us-navy-tagos-contract-505231