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In the wood-panelled world of Hong Kong shipping, succession is often a story of shaking things up. But for Angad Banga, the newly minted CEO of Caravel Group, the mandate is different. Sitting in an office that is notably not the corner suite – a space still occupied by his father, the legendary Harry Banga …
https://splash247.com/caravel-group-angad-banga-outlines-his-vision/
https://splash247.com/caravel-group-angad-banga-outlines-his-vision/Landlocked Zimbabwe has become the latest African nation to flag a false registry to the International Maritime Organization (IMO). Zimbabwe has let the UN body know it has no registry or maritime authority, after a flag hopping aframax was linked to the nation. The 2005-built Range Vale, which database Equasis lists as owned by Range …
https://splash247.com/landlocked-zimbabwe-flags-fraud-to-imo-after-tankers-bogus-registry-link/
https://splash247.com/landlocked-zimbabwe-flags-fraud-to-imo-after-tankers-bogus-registry-link/Workers at Israel’s flag carrier ZIM Integrated Shipping Services have escalated strike action following news of its planned $4.2bn sale to Germany’s Hapag-Lloyd. Around 800 unionised employees out of a workforce of roughly 1,000 began a warning strike on Sunday at the company’s Haifa headquarters after reports of an imminent takeover. On Tuesday, the action …
https://splash247.com/zim-workers-escalate-strike-action-over-hapag-lloyd-takeover/
https://splash247.com/zim-workers-escalate-strike-action-over-hapag-lloyd-takeover/Dubai-headquartered maritime tech firm Marcura has acquired UK-based chemical tanker demurrage specialist Shipdem from its parent company, Casper Shipping. The move strengthens Marcura’s position in one of the most technical corners of the tanker market, where demurrage claims often hinge on tight contractual wording and complex cargo operations. Founded in 2012, Shipdem has built its …
https://splash247.com/marcura-deepens-tanker-claims-play-with-shipdem-buy/
https://splash247.com/marcura-deepens-tanker-claims-play-with-shipdem-buy/The Maritime and Port Authority of Singapore (MPA) has reported notice of a fire in the engine room onboard the Singapore-registered bulk carrier Mandy off the coast of China. The incident occurred on February 17.The fire has been extinguished by the crew…
https://www.marinelink.com/news/two-dead-bulk-carrier-fire-535841
https://www.marinelink.com/news/two-dead-bulk-carrier-fire-535841US-listed Greek owner Seanergy Maritime has expanded its newbuilding programme, signing for two additional capesize-class vessels at Chinese yards and lifting its total investment in new tonnage to about $226m. The Stamatis Tsantanis-led company, which placed its first-ever newbuilding order in October, has now lined up three large scrubber-fitted bulkers for delivery between 2027 and …
https://splash247.com/seanergy-adds-two-bulkers-to-newbuild-slate/
https://splash247.com/seanergy-adds-two-bulkers-to-newbuild-slate/Nasdaq-listed Greek owner Performance Shipping has agreed the sale of its oldest tanker for $35.65m, securing a deal months after an earlier disposal attempt tied to an offshore conversion project fell through. The company has struck a deal with an unnamed buyer for the 2009-built aframax P Sophia, with delivery expected in mid-2026. The 105,071 …
https://splash247.com/performance-shipping-seals-second-try-sale-of-its-oldest-tanker/
https://splash247.com/performance-shipping-seals-second-try-sale-of-its-oldest-tanker/Boksa Marine Design (BMD), a full-service naval architecture and marine engineering firm based in Tampa, announced a strategic leadership transition and the opening of a new Fort Lauderdale, FL, office.After more than 20 years as Founder and President…
https://www.marinelink.com/news/boksa-marine-design-announces-leadership-535829
https://www.marinelink.com/news/boksa-marine-design-announces-leadership-535829Turkey and Ethiopia signed a memorandum of understanding on energy cooperation during a visit by President Tayyip Erdogan to Addis Ababa on Tuesday, the Turkish Energy Ministry said, adding the accord would lead to joint production and projects.Erdogan…
https://www.marinelink.com/news/turkey-ethiopia-cooperate-energy-projects-535831
https://www.marinelink.com/news/turkey-ethiopia-cooperate-energy-projects-535831The Czech Republic is offering small volumes of oil to Slovakia through an eastward flow of the Druzhba pipeline after westward flows from Ukraine were stopped after an attack on the pipeline last month, Czech Economy Minister Karel Havlicek said on Tuesday.The Czechs stopped using Russian supplies
https://www.marinelink.com/news/czechia-offers-limited-oil-slovakia-535833
https://www.marinelink.com/news/czechia-offers-limited-oil-slovakia-535833