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BP is reportedly selling six MR tankers for $200m. The 57,000 dwt vessels are the British Chief (2017), and the 2016-built sisters British Engineer, British Officer, British Cadet, and British Sailor. Over the weekend, brokers reported that the ships had received a string of offers over the last fortnight, and while the ownership has been transferred, …
https://splash247.com/bp-offloads-tanker-sextet/
https://splash247.com/bp-offloads-tanker-sextet/Andrew Lemmis questions the regulator’s global role from a lifeboat industry perspective. Imagine a football match where the referee is paid by the teams and has no power to issue a red card. He can suggest the rules, sure, but it’s up to the players whether to follow them. Sound absurd? That’s essentially how the …
https://splash247.com/is-the-imo-fit-for-purpose/
https://splash247.com/is-the-imo-fit-for-purpose/All week, Splash will be bringing readers reports from Geneva Dry, the world’s premier commodities shipping conference, which took place on April 28 and 29 with more than 820 delegates in attendance. Up first in our coverage is the Commodities Shipping Outlook, a high-level scene-setter to open proceedings, designed to give delegates an indication of …
https://splash247.com/unprecedented-uncertainty-geneva-dry-takes-the-pulse-of-the-global-trading-outlook/
https://splash247.com/unprecedented-uncertainty-geneva-dry-takes-the-pulse-of-the-global-trading-outlook/There’s just over three weeks to go until the enacting of one of this year’s most significant shipping regulations, and one key country is ill-prepared for the imminent changes coming to the ship recycling sector. June 1 sees the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships enter into force …
https://splash247.com/bangladesh-ill-prepared-for-next-months-ship-recycling-changes/
https://splash247.com/bangladesh-ill-prepared-for-next-months-ship-recycling-changes/Wallenius Wilhelmsen has acquired the remaining shares in Armacup, bringing the shareholding percentage from 65 to 100%.Armacup is a New Zealand-headquartered shipping company that has pioneered the Japanese used car trade since the 1980s. Armacup…
https://www.marinelink.com/news/wallenius-wilhelmsen-finalizes-525347
https://www.marinelink.com/news/wallenius-wilhelmsen-finalizes-525347Incat Hull 096 – the world’s largest battery-electric ship – has been officially launched in Tasmania, Australia.Built for South American ferry operator Buquebus, the 130-meter ferry will enter enters service between Buenos Aires and Uruguay…
https://www.marinelink.com/news/worlds-largest-batteryelectric-ship-525349
https://www.marinelink.com/news/worlds-largest-batteryelectric-ship-525349As inflation starts to slowly ramp up across the world, the US is gradually heading for a recession as the American economy shrank through Q1, reports cash buyer GMS, and the U.S. Dollar has weakened against some recycling nation currencies.The…
https://www.marinelink.com/news/ship-recycling-fundamentals-remain-shaky-525351
https://www.marinelink.com/news/ship-recycling-fundamentals-remain-shaky-525351An international NGO that intends to deliver humanitarian aid to Gaza by sea said on Sunday it was in talks with Malta's government about allowing the vessel to enter Maltese waters to repair damage caused by a drone attack.The ship "Conscience"…
https://www.marinelink.com/news/ngo-talks-malta-repair-gazabound-aid-ship-525345
https://www.marinelink.com/news/ngo-talks-malta-repair-gazabound-aid-ship-525345Capesize The Capesize market maintained a generally firm tone this week, supported by a tightening of tonnage in both the Pacific and North Atlantic, alongside a steady flow of cargo. In the Pacific, early-week momentum was driven by active miners on the C5 route and healthy operator volumes, while a notably shorter tonnage list helped ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-supported-by-tightening-of-tonnage/
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-supported-by-tightening-of-tonnage/Fast-growing energy demand is driving the need for technical support and guidance in new locations, writes Terrance Roberts, Manager, Global Business Development, ABS.Surging appetite for natural gas is accelerating the development of global and regional supply chains…
https://www.marinelink.com/news/flng-tech-supports-energy-transition-525342
https://www.marinelink.com/news/flng-tech-supports-energy-transition-525342