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A 6km long, 4km wide diesel slick has been detected near the white sandy beaches of the popular island resort destination of Mindoro in the Philippines following the sinking yesterday of the locally flagged product tanker Princess Empress. The laden ship’s engine overheated early yesterday morning, having encountered rough weather on a domestic trip. The …
https://splash247.com/product-tanker-sinks-off-popular-filipino-tropical-holiday-island/
https://splash247.com/product-tanker-sinks-off-popular-filipino-tropical-holiday-island/A.P. Moller – Maersk has reduced its stake in Norwegian car carrier player Höegh Autoliners by selling shares for nearly $80m. The Danish shipping and logistics group has offloaded around 13.5m shares, corresponding to around 7.1% of Höegh Autoliners, at a price of NOK61 per share, or a total of NOK821.5m ($79.5m). The shares closed …
https://splash247.com/maersk-offloads-80m-of-hoegh-autoliners-shares/
https://splash247.com/maersk-offloads-80m-of-hoegh-autoliners-shares/Yesterday, Splash detailed the main container names operating in and out of Russia, with a slew of new capacity entering the region as many global carriers have exited in the wake of war with Ukraine. One of the most ambitious new players is Hong Kong-registered OVP Shipping, formed in late 2020. OVP launched a first …
https://splash247.com/hong-kong-liner-rapidly-builds-up-links-with-russia/
https://splash247.com/hong-kong-liner-rapidly-builds-up-links-with-russia/As widely telegraphed last month, India has officially banned bulkers and tankers aged 25 or above from entering its waters. The new rules are for for Indian-registered ships while also applying to foreign vessels discharging in India. The government has given existing vessels affected by the new cap three more years’ sailing time, regardless of …
https://splash247.com/india-makes-vintage-ship-ban-official/
https://splash247.com/india-makes-vintage-ship-ban-official/The container segment is leading shipping to green new pastures, taking a massive lead when it comes to investing in methanol propulsion. According to Alphaliner, methanol boxship orders have grown more rapidly than LNG in the last six months, while carriers have all but ditched orders for conventional fuel oil tonnage with just 8% of …
https://splash247.com/methanol-boxship-orders-growing-more-rapidly-than-all-other-fuel-types/
https://splash247.com/methanol-boxship-orders-growing-more-rapidly-than-all-other-fuel-types/Irish crew transfer vessel (CTV) owner and operator Farra Marine is bolstering its fleet with a contract for seven newbuilds at Singapore’s Penguin Shipyard. The vessels will be delivered in 2023 and early 2024. The newbuilds, part of the WindFlex-27 series, will when complete, see Farra Marine boast a fleet of 14 CTVs servicing the …
https://splash247.com/farra-marine-books-seven-ctv-newbuilds/
https://splash247.com/farra-marine-books-seven-ctv-newbuilds/Spanish developer BlueFloat Energy has revealed plans for a new floating offshore wind project in Australia. The Eastern Rise offshore wind project, which sits within the proposed offshore wind zone in the Pacific Ocean off the Hunter region of New South Wales, is the latest in BlueFloat Energy’s growing portfolio of projects currently standing at …
https://splash247.com/bluefloat-reveals-1-7-gw-austalian-floater-scheme/
https://splash247.com/bluefloat-reveals-1-7-gw-austalian-floater-scheme/The U.S. Department of Transportation’s Maritime Administration (MARAD) on Wednesday announced a Notice of Funding Opportunity making $12,423,000 available in Fiscal Year 2023 funds through the United States Marine Highway Program (USMHP).Designed…
https://www.marinelink.com/news/marad-announces-million-us-marine-highway-503281
https://www.marinelink.com/news/marad-announces-million-us-marine-highway-503281Norwegian LR2 owner and operator SKS is looking to grow its pool of LR2 product tankers by partnering up with diversified shipping services group Signal. The new setup, named “SKS LR2 Pool – powered by Signal”, has been launched with SKS’ five LR2 spot vessels, co-owned with funds managed by Hayfin Capital, with the goal …
https://splash247.com/sks-eyes-lr2-pool-expansion-with-signal-tie-up/
https://splash247.com/sks-eyes-lr2-pool-expansion-with-signal-tie-up/Tanker operator AET announced it has signed a memorandum of understanding (MOU) with Malaysia's PETCO Trading Labuan Company Ltd (PTLCL) to explore a potential collaboration to deploy a future zero-emission Aframax tanker powered by green ammonia.AET…
https://www.marinelink.com/news/aet-ptlcl-sign-mou-zeroemission-aframax-503263
https://www.marinelink.com/news/aet-ptlcl-sign-mou-zeroemission-aframax-503263