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China’s iron ore imports in August climbed 0.6% from July, as lower prices encouraged sustained buying and as mills prepared for the peak steel demand period in September. The world’s largest iron ore consumer brought in 105.23 million metric tons of the steelmaking ingredient last month, staying above 100 million tons for a third month, ...
https://www.hellenicshippingnews.com/china-august-iron-ore-imports-stay-high-as-mills-prepare-for-peak-season/A new market could be emerging for dry bulk shipping, which while not big enough to change trade flows, is still enough to provide some much needed momentum in the freight market. In its latest weekly report, shipbroker Intermodal noted that “the global iron ore market continues to navigate a period of uncertainty in 2025, ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-vietnam-can-add-momentum/
https://www.hellenicshippingnews.com/dry-bulk-shipping-vietnam-can-add-momentum/Singapore offshore vessel player and shipyard Marco Polo Marine has chosen Norwegian ship designer Salt Ship Design to design the company’s next-generation CSOV. The contract was signed between the group’s Taiwan-based subsidiary PKR Offshore, Salt Ship Design, and Marco Polo Shipyard. Unlike standard CSOVs and CSVs with retrofitted walk-to-work systems, this next-generation vessel, named CSOV …
https://splash247.com/marco-polo-marine-teams-with-salt-ship-design-on-next-gen-csov/
https://splash247.com/marco-polo-marine-teams-with-salt-ship-design-on-next-gen-csov/Japan’s Mitsui OSK Lines (MOL) has obtained approval in principle (AiP) from a classification society, Lloyd’s Register (LR), for two new designs of a membrane-type LNG carrier equipped with four Wind Challengers, a hard sail wind-assisted propulsion system. In addition, safety evaluations were conducted in collaboration with the respective flag states. As a result, this …
https://splash247.com/mol-debuts-radical-new-lng-carrier-design/
https://splash247.com/mol-debuts-radical-new-lng-carrier-design/Ningbo Ocean Shipping has revealed a plan to invest around CNY2.9bn ($406.5m) via its Singapore arm to set up two more subsidiaries in the country to further grow its fleet. The company will invest CNY1.2bn ($168.2m) to establish Ningbo Ocean Shipping Singapore Longitude and CNY1.7bn ($238.3m) to set up Ningbo Ocean Shipping Singapore Latitude. The …
https://splash247.com/ningbo-ocean-shipping-looks-to-singapore-for-global-fleet-expansion/
https://splash247.com/ningbo-ocean-shipping-looks-to-singapore-for-global-fleet-expansion/Offshore wind developer Orsted won shareholder approval on Friday for a $9.4 billion emergency rights issue to help fund U.S. projects thrown into uncertainty by President Donald Trump's opposition to the renewable energy source.The stakes are high for the Danish state-controlled firm…
https://www.marinelink.com/news/orsted-gets-goahead-b-emergency-rights-529710
https://www.marinelink.com/news/orsted-gets-goahead-b-emergency-rights-529710Mitsui O.S.K. Lines (MOL) has secured approval in principle (AiP) from a Lloyd's Register (LR) for two new different designs of a membrane-type LNG carrier equipped with four units of Wind Challenger, a hard sail wind assisted propulsion system.The AiP covers a new vessel design…
https://www.marinelink.com/news/lloyds-register-clears-mols-design-wind-529714
https://www.marinelink.com/news/lloyds-register-clears-mols-design-wind-529714Petrodec’s newly constructed heavy lift jack-up vessel, named Obana, has started decommissioning work in the Southern North Sea for Perenco.Obana is working on the decommissioning of the Galahad platform, after which it will move to the Amethyst field for the removal of the C1D…
https://www.marinelink.com/news/giant-jackup-vessel-newbuild-starts-decom-529715
https://www.marinelink.com/news/giant-jackup-vessel-newbuild-starts-decom-529715Germany-based Bernhard Schulte Offshore (BSO) has taken delivery of its newest Commissioning Service Operation Vessel (CSOV), built by Ulstein Verft in Norway.The vessel, named Windea Clausius, was officially christened on September 4, and will…
https://www.marinelink.com/news/bernhard-schulte-takes-delivery-second-529716
https://www.marinelink.com/news/bernhard-schulte-takes-delivery-second-529716ClassNK has issued an approval in principle (AiP) for an ammonia-fueled LPG/NH3 carrier, applied for jointly by Kawasaki Heavy Industries and MITSUI E&S.The certification demonstrates its feasibility from regulatory and safety perspectives.Ammonia…
https://www.marinelink.com/news/classnk-okays-ammoniafueled-gas-carrier-529723
https://www.marinelink.com/news/classnk-okays-ammoniafueled-gas-carrier-529723