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Nantong Xiangyu Shipbuilding & Offshore Engineering has reopened a previously bankrupt yard along the Yangtze. Last year, the shipbuilder won the auction to take over Jiangsu Hongqiang Ship Heavy Industry, and it has been renovating the facility in the intervening months. The site had been shut since 2018. The new yard – now renamed Qidong …
https://splash247.com/another-bankrupt-chinese-yard-reopens-for-business/
https://splash247.com/another-bankrupt-chinese-yard-reopens-for-business/Chinese boxship player SITC International Holdings is continuing to build out its fleet, returning to compatriot yard Huanghai Shipbuilding for a series of four new 2,700 teu vessels. The Hong Kong-listed carrier is spending nearly $153m on the newbuilds, which are scheduled for delivery from late 2027 through to mid-2028. The deal brings SITC’s current …
https://splash247.com/sitc-returns-to-huanghai-for-boxship-quartet/
https://splash247.com/sitc-returns-to-huanghai-for-boxship-quartet/Wah Kwong is expanding its dry bulk fleet, with four ultramax newbuilds linked to the Hong Kong-based owner at China’s Wuhu Shipyard. According to shipbuilding sources, the company has agreed to a deal worth around $132m for the 64,000 dwt quartet, with deliveries scheduled for 2028. The reported order follows Wah Kwong’s previous ultramax newbuild …
https://splash247.com/wah-kwong-linked-to-four-ultramax-newbuilds-at-wuhu/
https://splash247.com/wah-kwong-linked-to-four-ultramax-newbuilds-at-wuhu/Evergreen, Taiwan’s largest liner, has suffered two substantial container-loss incidents in South America within the span of a week. On August 1, the 8,500 teu Ever Lunar reportedly lost about 50 containers overboard while anchored off Callao, Peru. The vessel experienced sudden severe rolling, causing stern stacks to collapse into the bay. This prompted a temporary closure …
https://splash247.com/evergreen-ship-loses-50-boxes-off-peru/
https://splash247.com/evergreen-ship-loses-50-boxes-off-peru/As pre-trial motions grind forward in the sprawling litigation over the March 26, 2024, allision of the containership Dali with the Francis Scott Key Bridge—an impact that brought down the span, killed six construction workers and froze port traffic—the vessel’s owner and manager have launched a new front in court. In a product liability lawsuit …
https://splash247.com/hd-hyundai-sued-over-alleged-defective-switchboard-on-the-dali/
https://splash247.com/hd-hyundai-sued-over-alleged-defective-switchboard-on-the-dali/Singapore-based container carrier SeaLead has been forced into a dramatic fleet reshuffle after terminating the charters of 16 container vessels in response to fresh US sanctions. The move comes just days after the US Treasury’s Office of Foreign Assets Control (OFAC) unveiled new measures targeting ships allegedly linked to Iranian interests. The sanctioned vessels had …
https://splash247.com/sealead-drops-16-boxships-after-us-sanctions-target-iranian-linked-fleet/
https://splash247.com/sealead-drops-16-boxships-after-us-sanctions-target-iranian-linked-fleet/In its most firm action to date to counter dark fleet registrations, the Panamanian Ship Registry, the world’s second-largest flag, will no longer accept tankers or bulk carriers aged more than 15 years old. “By prioritizing quality over quantity and implementing more rigorous oversight mechanisms, it ensures that the Panamanian fleet complies with the most …
https://splash247.com/panama-will-not-register-tankers-and-bulk-carriers-older-than-15-years/
https://splash247.com/panama-will-not-register-tankers-and-bulk-carriers-older-than-15-years/The Russian and Chinese navies are carrying out artillery and anti-submarine drills in the Sea of Japan as part of scheduled joint exercises, the Russian Pacific Fleet was quoted as saying on Sunday.The drills are taking place two days after U.S.
https://www.marinelink.com/news/russia-china-conduct-drills-sea-japan-528613
https://www.marinelink.com/news/russia-china-conduct-drills-sea-japan-528613At least 54 migrants died when a boat carrying around 150 people sank off Yemen's coast in bad weather on Sunday, with dozens still unaccounted for, health officials said.The boat capsized off the Ahwar district in Yemen's southern Abyan province on the Arabian Sea…
https://www.marinelink.com/news/migrants-die-off-yemen-528614
https://www.marinelink.com/news/migrants-die-off-yemen-528614The federal district court in Anchorage, Alaska, has entered final judgment against three Kodiak-based commercial fishing companies and their manager for multiple violations of the Clean Water Act.The court entered default judgments against company manager Corey Potter and F/V Knot EZ LLC…
https://www.marinelink.com/news/court-fines-fishing-companies-million-528616
https://www.marinelink.com/news/court-fines-fishing-companies-million-528616