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Taiwan’s Chinese Maritime Transport (CMT) has returned to China State Shipbuilding Corporation’s Qingdao Beihai yard with an order for two newcastlemax bulk carriers. The Taipei-listed owner confirmed it will pay between $76m and $79.8m per 210,000 dwt vessel. Deliveries have not yet been disclosed. The order builds on CMT’s ongoing newbuilding push, which already includes …
https://splash247.com/cmt-adds-pair-of-newcastlemax-orders-at-qingdao-beihai/
https://splash247.com/cmt-adds-pair-of-newcastlemax-orders-at-qingdao-beihai/US-based dry bulk owner Genco Shipping & Trading has adopted a limited-duration shareholder rights plan designed to prevent a takeover of the company. The rights plan is effective immediately and has a one-year duration expiring on September 30, 2026. Pursuant to the plan, Genco will issue one right for each share of common stock outstanding, as …
https://splash247.com/genco-adopts-poison-pill-to-limit-hostile-takeovers/
https://splash247.com/genco-adopts-poison-pill-to-limit-hostile-takeovers/Fabrication technology specialist ESAB has enhanced its Rogue ES and ET line of inverters by adding DC Pulsed Stick welding functionality to all three models in the series.The models that received the upgrade include Rogue ES 151iP PRO and Rogue…
https://www.marinelink.com/news/esab-enhances-rogue-stick-tig-inverters-530607
https://www.marinelink.com/news/esab-enhances-rogue-stick-tig-inverters-530607Fabrication technology specialist ESAB has announced that its new Rogue EMP 210 PRO, a compact, multiprocessor welding power source, is now in stock and available through standard distribution and online sales channels. The Rogue EMP 210 makes…
https://www.marinelink.com/news/esabs-new-rogue-emp-pro-compact-530609
https://www.marinelink.com/news/esabs-new-rogue-emp-pro-compact-530609U-Ming Marine Transport Corporation has completed the installation of four Rotor Sails on its very large ore carrier (VLOC) vessel Grand Pioneer, becoming the first Taiwanese shipowner to adopt the wind-assisted propulsion technology.The sails…
https://www.marinelink.com/news/uming-installs-anemois-rotor-sails-grand-530613
https://www.marinelink.com/news/uming-installs-anemois-rotor-sails-grand-530613ClassNK has issued an approval in principle (AiP) for a methanol fuel tank design concept developed by SRC Group, which uses a Sandwich Plate System (SPS) technology to almost double shipboard storage capacity for both methanol and ethanol.The…
https://www.marinelink.com/news/classnk-grants-approval-src-groups-530615
https://www.marinelink.com/news/classnk-grants-approval-src-groups-530615Windward Offshore has taken delivery of its first Commissioning Service Operation Vessel (CSOV), Windward Athens, built by Norwegian shipbuilder Vard.The vessel represents a major milestone on Windward Offshore’s growth path and marks the company’s…
https://www.marinelink.com/news/vard-delivers-windward-offshores-first-530618
https://www.marinelink.com/news/vard-delivers-windward-offshores-first-530618The international flotilla trying to deliver aid to Gaza said Israeli vessels approached some of its boats and engaged in "dangerous and intimidatory manoeuvres" on Wednesday as it neared the war-stricken strip.The mission's organisers said…
https://www.marinelink.com/news/gaza-flotilla-accuses-israeli-vessels-530624
https://www.marinelink.com/news/gaza-flotilla-accuses-israeli-vessels-530624Italy’s Fincantieri has signed a memorandum of understanding (MoU) with Aeronautical Service, a small and medium-sized enterprise specializing in aerospace solutions, to advance the use of carbon-based composite materials in naval shipbuilding.The…
https://www.marinelink.com/news/fincantieri-moves-beyond-steel-composites-530626
https://www.marinelink.com/news/fincantieri-moves-beyond-steel-composites-530626Italian yacht builder Sanlorenzo has unveiled the first 74Steel, the company’s largest yacht built to date, ahead of its launch in La Spezia.At 74 meters and around 1,900 GT, the 74Steel is Sanlorenzo’s largest yacht ever crafted, with steel…
https://www.marinelink.com/news/sanlorenzo-builds-largest-yacht-date-530629
https://www.marinelink.com/news/sanlorenzo-builds-largest-yacht-date-530629