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Faroe Islands owner and operator Navigare Shipping & Logistics is bringing in new vessels in operation trough a deal for a quartet of minibulkers. The Hojgaard family-controlled company has struck a long-term charter agreement with Briese Schiffahrts and Futurum Shipping for the so-called Groot 5200 XL vessels. “This collaboration marks a major step in strengthening …
https://splash247.com/navigare-shipping-seals-deal-for-four-mini-bulkers/
https://splash247.com/navigare-shipping-seals-deal-for-four-mini-bulkers/The port of Ningbo-Zhoushan in China, the world’s largest port in terms of cargo throughput, has announced three initiatives it has undertaken with three European ports — Hamburg and Wilhelmshaven in Germany, and Valencia in Spain — to create green shipping corridors. The ports involved will work with shipping lines, cargo owners, energy providers, research …
https://splash247.com/worlds-largest-port-launches-three-european-green-corridor-projects/
https://splash247.com/worlds-largest-port-launches-three-european-green-corridor-projects/Allianz’s latest Safety and Shipping Review makes a stark warning about the dangers posed to the global merchant fleet by the worsening geopolitical climate. “While still posing major challenges and concerns, traditional causes of maritime losses, such as fires and collisions, have decreased over time. However, geopolitical tensions now pose a substantial threat that could …
Pacific International Lines (PIL) of Singapore, once nearly doomed, is now top of the charts when it comes to operating margins among the world’s largest containerlines. Describing the “renaissance” PIL has been through since its majority takeover by Singapore’s state-owned investment arm Temasek in 2021, analysts at Alphaliner have crunched the numbers on the company’s …
https://splash247.com/pils-renaissance-sees-it-top-the-operating-margin-charts-among-leading-liners/
https://splash247.com/pils-renaissance-sees-it-top-the-operating-margin-charts-among-leading-liners/Alphaliner is reporting that Ocean Network Express (ONE) and Hapag-Lloyd are close to finalising big orders in Asia as the record global container orderbook nears 10m teu. Singapore-based, Japanese-owned ONE is in discussions with HD Hyundai in South Korea for up to twelve 16,000 teu ships, in a deal estimated to be worth $2.6bn, while …
https://splash247.com/one-and-hapag-lloyd-line-up-more-than-30-newbuild-contracts/
https://splash247.com/one-and-hapag-lloyd-line-up-more-than-30-newbuild-contracts/Maritime identity laundering and the rise of so-called zombie vessels have evolved from a niche tactic into a “systemic enabler of large-scale sanctions evasion” with global authorities unable to keep up, according to a new report from Kpler, a maritime analytics platform. “Zombie vessels represent the bleeding edge of maritime deception – combining digital obfuscation …
https://splash247.com/the-floating-dead-oversight-lags-behind-the-rise-of-zombie-vessels/
https://splash247.com/the-floating-dead-oversight-lags-behind-the-rise-of-zombie-vessels/Japanese insurer Tokio Marine 8766.T has set up a unit to insure activities linked to the low-carbon transition such as green hydrogen, shipping and cement and is targeting $1 billion in revenues by the end of the decade, its chair told Reuters.The new unit…
https://www.marinelink.com/news/insurer-tokio-marine-launches-green-unit-526192
https://www.marinelink.com/news/insurer-tokio-marine-launches-green-unit-526192As shipping activity in the Arctic and North Atlantic oceans increases with reductions in sea ice because of climate change, the National Research Council of Canada (NRC) is working to improve the safety of vessel operations and decrease the…
https://www.marinelink.com/news/machine-learning-tool-developed-arctic-526194
https://www.marinelink.com/news/machine-learning-tool-developed-arctic-526194The Global Ro-Ro Community including Eastern Car Liner, Kawasaki Kisen Kaisha, Mitsui O.S.K. Lines, Nippon Yusen Kabushiki Kaisha, Wallenius Wilhelmsen and ClassNK have developed guidelines for calculating GHG emission intensity for ro-ro ships…
https://www.marinelink.com/news/global-roro-community-develops-ghg-526196
https://www.marinelink.com/news/global-roro-community-develops-ghg-526196Australia is losing its competitive edge in attracting investment in natural gas exploration and production, threatening the nation’s energy security, economic growth and emissions reduction targets, a new report by Wood Mackenzie has found.The…
https://www.marinelink.com/news/report-gas-investments-australia-stalling-526197
https://www.marinelink.com/news/report-gas-investments-australia-stalling-526197