Global maritime, shipping and offshore news

September 24, 2021

Capes dial the clock back to 2008, ships being fixed for $70,000 a day

Capes are back in 2008 territory. The time charter equivalent C10 transpacific round voyage yesterday surpassed the $70,000 a day…

September 24, 2021

Samskip acquires Sea Connect

European transport group Samskip has broadened its Baltic operations by acquiring shortsea specialist Sea Connect. The Klaipeda-based shipping company, which…

September 24, 2021

Maersk invests in US start-up to develop e-fuels

A.P. Moller – Maersk has made a leading venture investment in Prometheus Fuels, a Silicon Valley-based startup with a direct…

September 24, 2021

New report highlights the rise of vessel identity laundering

The International Maritime Organization (IMO) is investigating claims that North Korea has been carrying out a sophisticated process of vessel…

September 24, 2021

Thai government fleshes out plans for flagship carrier reboot

The Thai government is pressing ahead with the creation of a national flagship carrier. Having first mooted the idea in…

September 24, 2021

Busan to build dedicated feeder terminal

Busan New Port has announced plans to launch a new dedicated feeder terminal by 2025. Most feeder ships currently head…

Dry Cargo
Sam ChambersSeptember 24, 2021
0 1,103
Capes dial the clock back to 2008, ships being fixed for $70,000 a day
Capes are back in 2008 territory. The time charter equivalent C10 transpacific round voyage yesterday surpassed the $70,000 a day threshold. The C14 transatlantic round voyage was also “on fire”, according to analysts at Lorentzen & Stemoco, on the verge…
Containers
Sam ChambersSeptember 24, 2021
0 541
Samskip acquires Sea Connect
European transport group Samskip has broadened its Baltic operations by acquiring shortsea specialist Sea Connect. The Klaipeda-based shipping company, which will be renamed Samskip Sea Connect, offers shortsea services connecting Russia, Lithuania, Denmark, Germany and the Netherlands. Sea Connect operates…
Environment
Adis AjdinSeptember 24, 2021
0 986
Maersk invests in US start-up to develop e-fuels
A.P. Moller – Maersk has made a leading venture investment in Prometheus Fuels, a Silicon Valley-based startup with a direct air capture technology to enable carbon neutral e-fuels for shipping. Maersk joins a team of investors which includes BMW and…
Operations
Sam ChambersSeptember 24, 2021
1 759
New report highlights the rise of vessel identity laundering
The International Maritime Organization (IMO) is investigating claims that North Korea has been carrying out a sophisticated process of vessel identity laundering. The novel tactic is detailed in a 56-page report from C4ADS, a Washington DC-based nonprofit organisation dedicated to…
Asia
Sam ChambersSeptember 24, 2021
0 366
Thai government fleshes out plans for flagship carrier reboot
The Thai government is pressing ahead with the creation of a national flagship carrier. Having first mooted the idea in June, transport minister Saksayam Chidchob has now provided more details on the new line. The aim is to launch the…

Ports and Logistics
Sam ChambersSeptember 24, 2021
0 205
Busan to build dedicated feeder terminal
Busan New Port has announced plans to launch a new dedicated feeder terminal by 2025. Most feeder ships currently head…
Gas
Sam ChambersSeptember 24, 2021
0 242
Jiangnan debuts largest VLGC design
Singapore-headquartered Sinogas has ordered what will become the world’s largest very large gas carriers (VLGCs) when they deliver from China…

Gas
Sam ChambersSeptember 24, 2021
0 244
China surpasses Japan as the world’s largest LNG importer
China has overtaken Japan as the world’s largest importer of LNG, adding to a long list of commodities where the People’s Republic ranks as the number one consumer. Customs data from China and Japan show…
September 24, 2021
Seismic vessel utilisation recovers to pre-Covid levels
September 24, 2021
Hydrogen-ready wind turbine installation vessel design seals US approval
September 24, 2021
Change of CEO at Transpetro
September 24, 2021
RWE invests in new offshore wind hub in Grimsby

Features

Maritime CEO
SplashSeptember 23, 2021
0 1,446
AET Tankers: Not sitting on the sidelines
Energy transition plays, decarbonisation of shipping, industry collaboration, a stronger focus on smart shipping and the ability to attract and retain talent have been identified as key to AET Tankers’ future strategy. Captain Rajalingam Subramaniam…
September 20, 2021
Shipping needs true, transparent and timely vessel emissions data
September 15, 2021
The risks of hire deductions and reductions in a booming market
September 14, 2021
The domino effect of port congestion
September 13, 2021
Critics question the climate crisis benefits of deep seabed mining

September 24, 2021
137
Lloyd’s Register acquires data intelligence firm

British class society Lloyd’s Register (LR) has acquired GreenSteam, a marine data…
September 24, 2021
145
Beks Shipmanagement linked to its first cape deal

Istanbul-based Beks Shipmanagement is reported joining a string of other Turkish owners,…
September 24, 2021
197
SBM Offshore secures $635m bridge loan for Brazil’s largest FPSO

Dutch floater specialist SBM Offshore has secured a $635 million bridge loan…
September 23, 2021
134
Dag von Appen elected Navigator chairman as David Butters retires

Navigator Holdings has announced the retirement of David Butters (pictured) as executive…
September 23, 2021
120
TotalEnergies eyes 270 MW French floater in partnership with GIG and Qair

A consortium of TotalEnergies, Green Investment Group (GIG) and Qair has been…
September 23, 2021
96
IOG raises funds for jackup contract extension

UK-headquartered IOG has raised £8.5m as part of its plan to extend…
September 23, 2021
1,894
Jury still out on 2021 container growth figures

Full year growth figures for the volume of containers shipped around the…
September 23, 2021
16,504
Synergy takes over technical management of the entire fleet of Maersk Tankers

Synergy Marine, a subsidiary of Singapore’s Synergy Group, has signed an agreement…
September 23, 2021
1,446
AET Tankers: Not sitting on the sidelines

Energy transition plays, decarbonisation of shipping, industry collaboration, a stronger focus on…
September 23, 2021
773
Grindrod to dispose of remaining stake in Singapore shipping player

South African logistics player Grindrod is selling its remaining 9.6% stake in…
September 23, 2021
693
China completes first carbon-neutral crude shipment

Three state-owned Chinese entities have revealed details of the country’s first carbon-neutral…
September 23, 2021
478
Singapore widens seafarer vaccination campaign

Singapore is widening its vaccination programme for seafarers calling at the key…
September 23, 2021
518
Safe Bulkers offloads kamsarmax

New York-listed dry bulk owner Safe Bulkers continues its fleet renewal programme,…
September 23, 2021
249
Adani Ports takes full ownership of Gangavaram Port

India’s largest private ports and logistics company, Adani Ports and Special Economic…
September 23, 2021
369
New CEO for Subsea 7 and Schlumberger alliance

Subsea Integration Alliance, a strategic partnership between Subsea 7 and Schlumberger’s OneSubsea,…
September 23, 2021
246
Acta Marine secures SOV contract from GE

Dutch offshore vessel owner Acta Marine has signed a contract with GE…

RT @Varunamarine: Navigator Gas is also currently pursuing several alternative fuel options, which could be adopted alongside carbon captur…
5 hours ago
RT @Varunamarine: Panicked overbuying, questionable forward sales predictions, and weak, none too transparent procurement systems among Ame…
5 hours ago
RT @Varunamarine: Both parties have agreed to explore the setup of a serial production line dedicated to the delivery of locally manufactur…
5 hours ago
RT @Varunamarine: The #LNG that will power the containerships will come from the #CleanEnergy plant in Boron, #California. The company plan…
5 hours ago
RT @ProspectUpdate: China completes first carbon-neutral crude shipment.#shipping #netzero #decarbonisation https://t.co/oFWaehaAn5
5 hours ago