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South Korean shipowner Sinokor Merchant Marine has placed an order with compatriot shipbuilder HD Hyundai, securing four containerships in a deal valued at KRW 834.8bn ($611m). HD Korea Shipbuilding & Offshore Engineering, the holding company of HD Hyundai, revealed the contract in a stock exchange filing, without disclosing the counterparty, but shipbuilding sources have named …
https://splash247.com/sinokor-books-four-boxships-at-hd-hyundai-yards/
https://splash247.com/sinokor-books-four-boxships-at-hd-hyundai-yards/Greece’s Navios Maritime Partners is ramping up its exposure in the container shipping sector with a fresh order for four modern boxships at South Korea’s HJ Shipbuilding & Construction. The Angeliki Frangou-led company is understood to have signed for four 8,000 teu vessels, in a deal valued at approximately $440m, building on its prior orderbook …
https://splash247.com/navios-maritime-adds-to-south-korean-boxship-newbuild-series/
https://splash247.com/navios-maritime-adds-to-south-korean-boxship-newbuild-series/Hanwha Shipping, the shipowning arm of South Korean builder Hanwha Ocean, has added another vessel to its growing in-house fleet, placing an order for an additional VLCC. The Okpo-based yard — formerly known as Daewoo Shipbuilding & Marine Engineering (DSME) — is scheduled to deliver the 300,000 dwt scrubber-fitted supertanker in mid-2027. Hanwha Shipping was …
https://splash247.com/hanwha-shipping-bags-third-vlcc-newbuild/
https://splash247.com/hanwha-shipping-bags-third-vlcc-newbuild/Global commodities powerhouse Trafigura has taken a strategic equity stake in a well-known vessel optimisation brand, ZeroNorth. The new partnership will see ZeroNorth’s platform deployed across Trafigura’s controlled fleet of over 350 vessels, including its voyage optimisation systems, emissions analytics and vessel reporting tools. While financial terms of the transaction were not disclosed, the deal …
https://splash247.com/trafigura-takes-stake-in-zeronorth/
https://splash247.com/trafigura-takes-stake-in-zeronorth/Woodside Energy has signed a non-binding memorandum of understanding (MoU) with Hyundai Engineering and Hyundai Glovis, establishing a strategic framework to collaborate on liquefied natural gas (LNG) project development, engineering services…
https://www.marinelink.com/news/woodside-finds-south-korean-partners-527766
https://www.marinelink.com/news/woodside-finds-south-korean-partners-527766Artemis Technologies has demonstrated its latest electric crew transfer vessel (E-CTV) at Vattenfall's Aberdeen offshore wind farm, in partnership with Vattenfall, Tidal Transit, Lloyd's Register and the Offshore Renewable Energy (ORE) Catapult.The technical demonstration of a dual propulsion…
https://www.marinelink.com/news/ectv-aces-tryouts-scottish-offshore-wind-527769
https://www.marinelink.com/news/ectv-aces-tryouts-scottish-offshore-wind-527769“During the first half of 2025, global coal shipments fell 6% y/y amid weak import demand in large markets. Cargo loadings headed to China and advanced economies slowed considerably, partly due to stronger electricity generation from renewables and to weaker steel production…
https://www.marinelink.com/news/coal-shipments-plummet-chinas-driver-527772
https://www.marinelink.com/news/coal-shipments-plummet-chinas-driver-527772Marlink, a specialist in managed services for business-critical IT solutions, has signed a definitive agreement to merge its fully-owned subsidiary Telemar Group with TNL Group, the Athens-based maritime specialist in high-quality technical…
https://www.marinelink.com/news/marlinks-telemar-tnl-merge-boost-maritime-527775
https://www.marinelink.com/news/marlinks-telemar-tnl-merge-boost-maritime-527775New U.S. tariffs and escalating global trade tensions have reshaped vessel markets in the first half of 2025, curbing investment in some sectors while accelerating strategic orders in others, according to the Half-Year Market Report by Veson Nautical…
https://www.marinelink.com/news/turbulent-first-half-echoes-across-global-527776
https://www.marinelink.com/news/turbulent-first-half-echoes-across-global-527776Market average spot rates – July 8, 2025:Far East to US West Coast: USD 2673 per FEU (40ft container)Far East to US East Coast: USD 5151 per FEUFar East to North Europe: USD 3393 per FEUFar East to Mediterranean: USD 4197 per FEUNorth Europe…
https://www.marinelink.com/news/xeneta-ocean-container-shipping-market-527782
https://www.marinelink.com/news/xeneta-ocean-container-shipping-market-527782