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Sinobunker, one of COSCO Shipping’s subsidiaries, has completed the world’s first green ammonia bunkering operation at COSCO Shipping Heavy Industry’s Dalian terminal.The ammonia was sourced from the world’s largest green hydrogen and ammonia…
https://www.marinelink.com/news/worlds-first-green-ammonia-bunkering-528747
https://www.marinelink.com/news/worlds-first-green-ammonia-bunkering-528747Class society DNV has formally launched CFARER, a new maritime software company spun out from its former DNV Maritime Software business. The new brand becomes operational immediately, with majority ownership retained by DNV and a strategic minority stake held by Wilhelmsen Port Services. CFARER will continue to offer its software tools — including ShipManager, Hull …
https://splash247.com/dnv-spins-off-maritime-software-unit-as-cfarer/
https://splash247.com/dnv-spins-off-maritime-software-unit-as-cfarer/South Korea’s Kukje Maritime Investment (Kmarin) has returned to the newbuilding market with an order for two newcastlemax bulk carriers, ending a seven-year absence from the shipyard orderbooks. The Seoul-based owner has contracted Jiangsu New Hantong Ship Heavy Industry to build the 210,000 dwt vessels. No price or delivery schedule has been confirmed. The deal …
https://splash247.com/kmarin-books-newcastlemax-newbuilds-in-china/
https://splash247.com/kmarin-books-newcastlemax-newbuilds-in-china/Chinese dry bulk player Jinhui Shipping and Transportation has agreed to sell yet another supramax bulker, marking its fifth vessel sale of the year. The Oslo- and Hong Kong-listed company is offloading the 2009-built 65,900 dwt Jin Jun to Singapore-incorporated Huwell Global Resources in a deal worth $10.5m. Jinhui said the deal is expected to …
https://splash247.com/jinhui-continues-ship-sales-with-fifth-deal-of-the-year/
https://splash247.com/jinhui-continues-ship-sales-with-fifth-deal-of-the-year/Maris Fiducia Finance, the investment arm of Maris Fiducia, has created a new platform for investors based on its eight-strong Bird Fleet. According to the company, the platform is for robust maritime investments, backed by real ships, long-term contracts, and a focus on sustainability. Maris Fiducia’s Bird Fleet consists of eight 8,000 dwt shortsea vessels, …
https://splash247.com/maris-fiducia-debuts-eight-vessel-investment-platform/
https://splash247.com/maris-fiducia-debuts-eight-vessel-investment-platform/US tanker owner International Seaways has snapped up a modern VLCC while disposing ageing product carriers. The New York-listed firm said in its quarterly earnings report it had struck a deal to buy an unnamed 2020-built scrubber-fitted supertanker for $119m. The purchase, expected to close in the fourth quarter, will be funded by proceeds from …
Tallink Grupp’s subsidiary, Tallinn–Helsinki Lin, has sold the cargo vessel Regal Star to the Turkish company Ams Line Shipping.The vessel was officially handed over to its new owner on August 6, 2025, and the details of the transaction have not been disclosed.In April…
https://www.marinelink.com/news/regal-star-cargo-vessel-changes-hands-528720
https://www.marinelink.com/news/regal-star-cargo-vessel-changes-hands-528720On August 5, a naming ceremony took place at the Sakaide Works of Kawasaki Heavy Industries Ltd. for a newly built very large gas carrier (VLGC). This vessel marks the sixth dual-fuel LPG (liquefied petroleum gas) carrier ordered by NYK, following…
https://www.marinelink.com/news/nyk-newly-built-lpg-carrier-named-luna-528724
https://www.marinelink.com/news/nyk-newly-built-lpg-carrier-named-luna-528724Pacific-Gulf Marine (PGM) has been awarded three 10-year firm contracts with a total value of approximately $621 million, including fixed fees and reimbursables. Of the six ships PGM will manage on behalf of the U.S. Maritime Administration (MARAD)…
https://www.marinelink.com/news/pacificgulf-marine-awarded-ship-manager-528726
https://www.marinelink.com/news/pacificgulf-marine-awarded-ship-manager-528726Today, Friday, Wednesday 06 2025, the Baltic Dry Index climbed by 73 points, reaching 1994 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1994-up-73-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1994-up-73-points/