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What will be the percentage breakdown of fuel types for all the ships that come out of yards in 2030? It’s the crystal ball guesstimate that divides shipping more than any other topic these days. The winner of the future fuels debate. For the purposes of our new magazine, Ship Concept 2030, the breakdown of …
https://splash247.com/shippings-64bn-fuel-question/
https://splash247.com/shippings-64bn-fuel-question/The Shanghai Containerized Freight Index (SCFI) fell another 4% today, the key box spot index remaining stubbornly below 1,000 points at 911.71 points. Likewise, Drewry’s World Container Index, another composite spot indicator, fell 5.2% to $1,479.48 per feu, albeit it remains 4% higher than average 2019, pre-pandemic rates. Rates from Asia to North Europe and …
https://splash247.com/blanked-sailings-fail-to-halt-plummeting-spot-indices/
https://splash247.com/blanked-sailings-fail-to-halt-plummeting-spot-indices/Malaysia’s Dayang Enterprise has secured a contract extension from Sapura OMV Upstream, the parent company said in a filing with Bursa Malaysia. The deal, which covers maintenance, construction, and modification services offshore Malaysia, will last through to December 31, 2024. The value of the contract extension is based on work orders issued by Sapura OMV …
https://splash247.com/dayang-awarded-more-work-by-sapura-omv/
https://splash247.com/dayang-awarded-more-work-by-sapura-omv/Chinese boxship operator SITC International Holdings is expanding its owned fleet with the acquisition of five secondhand ships and two new units under construction from a company associated with its chairman, Yang Shaopeng. The Hong Kong-listed shipowner has sealed a deal with SITC Investment to take over five of its shipowning entities and one that …
https://splash247.com/sitc-boosts-owned-fleet-with-seven-ship-deal/
https://splash247.com/sitc-boosts-owned-fleet-with-seven-ship-deal/French cabling specialist Nexans has returned to Norwegian shipbuilder Ulstein with a contract on the construction of a large DP3 cable laying vessel. The vessel, an ST-297 CLV design by Skipsteknisk, will be an updated version of the Nexans Aurora, delivered in 2021. “We awarded the contract for a new vessel to Ulstein after an …
https://splash247.com/nexans-contracts-cable-layer-newbuild-at-ulstein/
https://splash247.com/nexans-contracts-cable-layer-newbuild-at-ulstein/Greek owner Pyxis Tankers is selling one of its product carriers to an unaffiliated US buyer for $40.75m in cash. The Nasdaq-listed company has struck a deal to offload the 2015-built 50,295 dwt MR2 , currently estimated by VesselsValue at $35.5m. Up until recently, a product tanker pure-play with four ships in its fleet said …
https://splash247.com/pyxis-tankers-gets-40-7m-from-us-buyer-for-eight-year-old-mr2/
https://splash247.com/pyxis-tankers-gets-40-7m-from-us-buyer-for-eight-year-old-mr2/Laser Weapon Demonstrator (LWD) trials onboard the German frigate Sachsen have successfully been completed, following on from the integration of the LWD in June 2022, MBDA, a multi-national European group specializing in the field of complex…
https://www.marinelink.com/news/nextgen-naval-defense-laser-weapon-system-508255
https://www.marinelink.com/news/nextgen-naval-defense-laser-weapon-system-508255Bremerton, Wash. based boatbuilder SAFE Boats International announced that retired Vice Admiral William “Dean” Lee and Tom Norton have joined its board of directors.Vice Admiral Lee served in the U. S. Coast Guard for more than 36-years, most recently serving as the Commander…
https://www.marinelink.com/news/two-new-members-join-safe-boats-board-508256
https://www.marinelink.com/news/two-new-members-join-safe-boats-board-508256Pope Francis said on Friday that migrants who risk drowning at sea "must be rescued" because doing so was "a duty of humanity" and that those who impede rescues commit "a gesture of hate".Francis, 86, spoke at an inter-religious prayer service before a monument dedicated to those lost at sea.
https://www.marinelink.com/news/pope-says-impeding-migrant-rescues-sea-508257
https://www.marinelink.com/news/pope-says-impeding-migrant-rescues-sea-508257Greek shipping company Pyxis Tankers announced it has agreed to sell the vessel Pyxis Epsilon, a 2015 built 50,295 dwt. product tanker, for a sale price of $40.75 million in cash to an unaffiliated buyer located in the United States.Completion…
https://www.marinelink.com/news/us-buyer-scoops-pyxis-product-tanker-508258
https://www.marinelink.com/news/us-buyer-scoops-pyxis-product-tanker-508258