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Mercy Ships’ annual Cargo Day looks set to deliver its biggest fundraising haul yet, with organisers confident the maritime community will push this year’s total beyond last year’s $2.2m as pledges surge across the industry. The 2025 campaign — which officially opened on November 5 and runs through to year-end — has already passed $1.6m, …
Greek tanker newcomer Venergy Maritime is weighing its first move into the aframax/LR2 segment, with shipbuilding sources linking the company to a letter of intent at China’s New Times Shipbuilding. Market players say the Vyron Vasileiadis-led owner is close to securing two 115,000 dwt scrubber-fitted tankers for delivery in 2029, with an option for two …
https://splash247.com/venergy-maritime-shifts-up-a-gear-with-china-lr2-move/
https://splash247.com/venergy-maritime-shifts-up-a-gear-with-china-lr2-move/AD Ports Group has sold its 9.77% stake in National Marine Dredging Company (NMDC) to Alpha Dhabi Holding in a $436m transaction, marking the ports group’s third divestment of non-core assets this year. The stake was originally transferred to AD Ports Group by Abu Dhabi’s investment arm ADQ ahead of the company’s listing in 2022. …
https://splash247.com/ad-ports-cashes-out-of-nmdc-stake-in-436m-deal/
https://splash247.com/ad-ports-cashes-out-of-nmdc-stake-in-436m-deal/A fire onboard the Chiquita Voyager brought a major emergency response to the port of Wilmington on Wednesday morning, leaving four crewmembers injured, the second fire incident at an American port in under a week. The Chiquita Voyager, a 2,700 teu boxship vessel owned by United Reefer Services, reported an engine-room fire shortly after 09:30 …
https://splash247.com/engine-room-fire-on-chiquita-voyager-injures-four-in-wilmington/
https://splash247.com/engine-room-fire-on-chiquita-voyager-injures-four-in-wilmington/A new study from the University of Oxford estimates that disruptions at the world’s maritime chokepoints affect around $192bn worth of maritime trade each year. These disruptions result in estimated economic losses of about $14bn annually, through delays, rerouting, insurance premiums, and higher freight costs. The researchers analysed 24 major maritime chokepoints and found that …
https://splash247.com/oxford-flags-14bn-annual-hit-as-fragile-chokepoints-strain-global-trade/
https://splash247.com/oxford-flags-14bn-annual-hit-as-fragile-chokepoints-strain-global-trade/Nuclear-powered containerships could unlock $68m in annual savings and eliminate greenhouse gas emissions, according to a new Lloyd’s Register and LucidCatalyst report for Seaspan Corporation, the world’s largest containership tonnage provider. The report examines the technical, economic, and regulatory potential of integrating small modular reactors (SMRs) into the containership fleet. For vessel operators, nuclear-powered …
https://splash247.com/seaspan-eyes-nuclear-powered-boxships/
https://splash247.com/seaspan-eyes-nuclear-powered-boxships/Japan’s three major shipping lines — Nippon Yusen Kaisha, Mitsui OSK Lines, and Kawasaki Kisen Kaisha — are joining forces with the country’s top shipyards in a push to reinvigorate domestic shipbuilding. According to Nikkei Asia, the trio will invest in MILES, a Tokyo-based design company jointly owned by Mitsubishi Heavy Industries (51%) and Imabari …
https://splash247.com/japans-big-three-lines-back-homegrown-ship-design-push/
https://splash247.com/japans-big-three-lines-back-homegrown-ship-design-push/Brazilian federal prosecutors in Para state have filed a lawsuit to demand the removal of the hull and oily residues from the Haidar ship, which sank 10 years ago near Vila do Conde port, Brazil's biggest for live cattle shipments.In a statement on Wednesday, Para federal prosecutors recalled the Ha
https://www.marinelink.com/news/brazil-prosecutors-sue-livestock-carrier-532934
https://www.marinelink.com/news/brazil-prosecutors-sue-livestock-carrier-532934Swiss containership giant MSC has moved to strengthen Bangladesh’s inland logistics network through a new concession to operate the Pangaon Inland Container Terminal (PICT), marking one of the largest inland infrastructure commitments yet by a global liner in the country. Medlog, MSC’s fast-growing inland logistics arm, struck a deal to take over operations, supply and …
https://splash247.com/msc-seals-inland-terminal-deal-in-bangladesh/
https://splash247.com/msc-seals-inland-terminal-deal-in-bangladesh/Big names in global shipowning are signing up to speak at next year’s Splash Singapore with organisers determined to make the event Asia’s largest shipowner gathering. Splash Singapore is a new event building on eight editions of the Maritime CEO Forum Singapore, organised by the team behind shipping news site Splash and Geneva Dry. Andreas …
https://splash247.com/splash-singapore-confirms-stellar-global-shipowner-cast/
https://splash247.com/splash-singapore-confirms-stellar-global-shipowner-cast/