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NYK Bulkship (Asia), a Singapore-based company of the NYK Group, has concluded a time-charter contract with JERA for two very large gas carriers (VLGCs).The two VLGCs are expected to transport low‑carbon ammonia produced in Louisiana to JERA’s Hekinan Thermal Power Station in Japan.
https://www.marinelink.com/news/nyk-vessels-chartered-lowcarbon-ammonia-540424
https://www.marinelink.com/news/nyk-vessels-chartered-lowcarbon-ammonia-540424More than 130 charities, experts and celebrities including Brian Cox CBE, Alan Cumming OBE, Zoë Wanamaker CBE, and Joanna Lumley DBE, are calling for a ban on live exports.Led by Compassion in World Farming, the global partners from 33 countries including Eurogroup for Animals…
https://www.marinelink.com/news/charities-celebrities-urge-end-live-540426
https://www.marinelink.com/news/charities-celebrities-urge-end-live-540426Japan Engine Corporation (J-ENG) engine licensees in China, Guangzhou Diesel Engine Factory (GDF) and Zhejiang Yungpu Diesel Engine (YDE), are expanding their UE engine manufacturing capacity in response to the strong engine demand in China's…
https://www.marinelink.com/news/chinese-licensees-expand-jeng-engine-540427
https://www.marinelink.com/news/chinese-licensees-expand-jeng-engine-540427HD Hyundai Heavy Industries and five other HD Hyundai affiliates are embarking on the development of a robot and data-based integrated hull management solution that automates the entire process—from hull diagnosis to cleaning and performance…
https://www.marinelink.com/news/korean-partners-develop-robotic-total-540428
https://www.marinelink.com/news/korean-partners-develop-robotic-total-540428Oil prices fell by more than $2 per barrel on Thursday after the U.S. and Iran signed an interim agreement that would end the Iran war, reopen the Strait of Hormuz and waive U.S. sanctions on Tehran's oil, boosting the oil supply outlook.Brent crude futures LCOc1 were down $2.14…
https://www.marinelink.com/news/oil-drops-month-low-usiran-deal-signals-540431
https://www.marinelink.com/news/oil-drops-month-low-usiran-deal-signals-540431The race to capitalise on the expected reopening of the Strait of Hormuz is already underway, with some of the world’s largest tanker and LNG operators repositioning vessels towards the Gulf ahead of Friday’s planned signing of a peace agreement between the US and Iran in Geneva. Shipowners appear increasingly confident that commercial traffic will …
https://splash247.com/fleets-reposition-for-hormuz-reopening-ahead-of-us-iran-deal/
https://splash247.com/fleets-reposition-for-hormuz-reopening-ahead-of-us-iran-deal/The US National Oceanic and Atmospheric Administration (NOAA) has officially declared that El Niño has developed in the tropical Pacific, issuing an El Niño advisory and warning that the event could intensify into one of the strongest on record by the end of the year – a development with direct and significant implications for global …
https://splash247.com/shipping-braces-for-monster-el-nino/
https://splash247.com/shipping-braces-for-monster-el-nino/Singapore-based Eastern Pacific Shipping (EPS) is exiting the chemical tanker business through an en bloc transaction involving Ace Tankers and Womar Tankers. The deal, expected to close this week, subject to customary conditions, will see ownership of EPS’s 14-vessel chemical tanker fleet transferred between the two operators. The fleet comprises vessels ranging from 19,000 dwt …
https://splash247.com/eastern-pacific-exits-chemical-tanker-sector-as-fleet-shifts-to-ace-and-womar/
https://splash247.com/eastern-pacific-exits-chemical-tanker-sector-as-fleet-shifts-to-ace-and-womar/Norwegian developer LH2 Shipping has secured fresh funding from Enova for two additional liquid hydrogen-powered bulk carriers, expanding its project pipeline to six vessels and taking total public support for its hydrogen shipping programme beyond NOK 800m ($74m). The Bergen-based company said it had been awarded NOK 344.3m ($36m) to develop and build two 7,700 …
https://splash247.com/norway-backs-new-generation-of-hydrogen-fuelled-bulkers/
https://splash247.com/norway-backs-new-generation-of-hydrogen-fuelled-bulkers/Echandia will supply the battery system Echandia Core for a new 78-meter hybrid catamaran being built by Incat Tasmania, Australia. The order marks Echandia’s first delivery to Incat, one of the world’s leading builders of high-speed aluminum…
https://www.marinelink.com/news/echandia-supply-battery-system-incat-540406
https://www.marinelink.com/news/echandia-supply-battery-system-incat-540406