The United Nations said on Saturday that the Black Sea Grain Initiative has been renewed, allowing for grain exports from three Ukrainian ports. The length of the extension remains unclear. “The Black Sea Grain Initiative, signed in Istanbul on 22 July 2022, has been extended,” the UN said. Ukrainian officials suggested that the shipping deal …
https://splash247.com/black-sea-grain-initiative-renewed/
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S&P Global Market Intelligence has become the latest firm to put a figure on the scale of the so-called dark fleet, the growing list of ships operating in contravention of sanctions in place against countries such as Iran, Venezuela and Russia. The New York-based company, one of the largest shipping data providers in the world, …
https://splash247.com/cameroons-role-in-the-fast-growing-dark-fleet-exposed/
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UBS has taken on a very significant shipping portfolio following yesterday’s emergency takeover of compatriot bank Credit Suisse. UBS came to the rescue of troubled Credit Suisse yesterday in a $3.15bn government-backed deal to avert financial disaster. UBS has not had a strong shipping focus previously, something that has changed overnight with the Credit Suisse …
https://splash247.com/ubs-assumes-leading-greek-ship-finance-position-with-credit-suisse-takeover/
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Newbuild prices are on the way back up. Prices for new ships plateaued briefly for a couple of months towards the end of last year, but have been pushing back up since December. According to data from Clarksons Research, newbuild prices have increased by 2% in the year to date following rises of 5% in …
https://splash247.com/newbuild-prices-picking-up/
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This week brokers have reported a string of cape sales with Jiangsu Steamship one of the most active buyers of vintage capes in China, adding its fourth big bulker. The Chinese outfit has for the second time in two months laid down the winning bid for a vintage cape up for sale. Sources tell Splash …
https://splash247.com/jiangsu-steamship-focused-on-building-cape-arm/
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South Korean shipbuilder Samsung Heavy Industries (SHI) and Norwegian marine technology firm Kongsberg Maritime have penned an agreement to jointly develop a design for an autonomous 174,000 cu m LNG carrier. The two parties will leverage the latest remote autonomous and low-emission technology, with SHI acting as a system integrator with overall design responsibility, while …
https://splash247.com/samsung-heavy-and-kongsberg-maritime-move-to-develop-autonomous-lng-ships/
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Arab Maritime Petroleum Transport Company (AMPTC) has returned to its shipbuilder of choice, Hyundai Heavy Industries (HHI), with an order for a pair of very large gas carriers. Korea Shipbuilding & Offshore Engineering (KSOE), the shipbuilding holding company of Hyundai Heavy, revealed the order in a regulatory filing on Monday. The ships will be delivered …
https://splash247.com/amptc-returns-to-south-korean-yard-for-vlgc-duo/
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Cyprus-based Castor Maritime has sold its 2007-built panamax bulk carrier to an unrelated third party for $12.6m. The Nasdaq-listed bulker and boxship owner said it plans to deliver the 73,600 dwt vessel during the second quarter of 2023 and record a net gain of $4.4m. Castor owns a fleet of 22 vessels, the majority of …
https://splash247.com/castor-maritime-nets-4-4m-on-sale-of-elderly-panamax-bulker/
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A Mackinac Island passenger ferry will be converted to zero-emissions electric power with the help of a $3.06 million award from the Michigan Department of Environment, Great Lakes, and Energy (EGLE) Fuel Transformation Program (FTP) Part 2.Star Line…
https://www.marinelink.com/news/mackinac-island-ferry-set-electric-503754
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Classification society Bureau Veritas has issued an Approval in Principle (AiP) to Viridis Bulk […]
The post https://www.offshore-energy.biz/viridis-wins-aip-for-its-ammonia-powered-short-sea-bulk-vessel/">Viridis wins AiP for its ammonia-powered short-sea bulk vessel appeared first on https://www.offshore-energy.biz">Offshore Energy.
https://www.offshore-energy.biz/viridis-wins-aip-for-its-ammonia-powered-short-sea-bulk-vessel/
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