ShipOracle News
It has been a month since the last vintage VLCC was reported sold. Now, a new deal is in the making involving a 318,000 dwt rusty workhorse named Timmus. Sources tell Splash that the ship has been sold for around $31m. The 21-year-old tanker has changed hands for the fifth time in three years. In 2020, the ship was named Seaways …
https://splash247.com/vintage-vlcc-sold/
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ShipOracle News
Greek dry bulk owner EuroDry has formed a joint venture with several investors represented by NRP Project Finance regarding the ownership of two recently acquired ultramax vessels. The JV will own the 63,197 dwt Christos K, formerly known as the Giants Causeway, and 63,153 dwt Maria, formerly known as the Sadlers Wells. Both bulkers were …
https://splash247.com/eurodry-forms-shipowning-joint-venture-for-bulker-duo/
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ShipOracle News
The German shipmanagement sector is in flux with mergers imminent and a new brand coming up. German owner Harren Group yesterday launched Harren Ship Management offering comprehensive shipmanagement services – both technical and crew – for all major vessel types, including heavylift and multipurpose vessels, tankers, bulkers, container vessels and offshore wind. Harren Group managing …
https://splash247.com/harren-unveils-new-shipmanagement-brand/
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ShipOracle News
A not-for-profit, non-partisan organisation United Against Nuclear Iran (UANI) has identified two vessels conducting an illegal ship-to-ship (STS) transfer of Iranian crude. UANI posted a satellite image on the X platform – formerly Twitter – of the Honduras-flagged 27-year-old 300,361 dwt tanker Artemis III and the Panama-flagged 19-year-old 159,106 dwt Ocean Hermana conducting STS transfer …
https://splash247.com/malaysia-detains-tankers-over-illegal-sts-operation/
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ShipOracle News
The Maritime CEO Forum held at the Monaco Yacht Club again pulled in the industry’s big guns earlier this month. Splash Extra’s special correspondent reflects on an event that mixed the upbeat with the cautious. It’s time to start thinking about 2024. As we enter the glide path towards the end of 2023, Maritime CEO’s …
https://splash247.com/taking-the-market-pulse-in-monaco/
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ShipOracle News
Aware of the risks to its supply chains from ships diverting from its risky coastline, Israel has said it will compensate any ships that are damaged in its waters due to the ongoing war with Hamas. Vessels calling at Israel already face the highest war risk surcharges anywhere in the world with the exception of …
https://splash247.com/israel-will-compensate-any-ships-damaged-during-its-war-with-hamas/
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ShipOracle News
One of Denmark’s most famous shipowning brands is readying to head back to previous glories, announcing plans to add 100 ships to its fleet. Speaking with Borsen, a Danish business daily, Amrit Peter Kalsi, the CEO of Clipper Group, has outlined plans to more than double the size of his fleet in the coming years, …
https://splash247.com/clipper-ceo-outlines-plans-to-add-100-ships/
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ShipOracle News
Global container ship fleet is showing its age, reaching highest average age on record of 14.2 years.“Container ships have reached their highest average age yet at 14.2 years, the highest average age of the three main shipping sectors. The dry…
https://www.marinelink.com/news/container-shipping-fleet-gets-long-tooth-509040
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ShipOracle News
Sea Forrest (SF), a provider of specialist marine electric propulsion and energy management solutions, has been awarded type approval from Bureau Veritas (BV) for its SEAGEN 11 modularized marine propulsion battery module system.SEAGEN 11 is…
https://www.marinelink.com/news/sea-forrests-marine-battery-system-earns-509043
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ShipOracle News
Silverstream Technologies announced it has signed a collaboration agreement with marine engine designer MAN Energy Solutions to explore solutions to drive retrofits and newbuild installations of its air lubrication system aboard vessels featuring…
https://www.marinelink.com/news/silverstream-man-ink-collaboration-509044
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