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The protracted ordeal endured by the crew members of the 300,000 dwt very large […]
The post https://www.offshore-energy.biz/9-month-ordeal-of-heroic-idun-crew-approaching-resolution-after-a-plea-bargain/">9-month ordeal of Heroic Idun crew approaching resolution after a plea bargain appeared first on https://www.offshore-energy.biz">Offshore Energy.
https://www.offshore-energy.biz/9-month-ordeal-of-heroic-idun-crew-approaching-resolution-after-a-plea-bargain/Manfred Müller, the CEO of Germany’s EMS-Fehn-Group, passed away on Tuesday, aged 56. He had joined the organisation in 2008 as partner and managing director. Headquartered in Leer, Germany, EMS-Fehn Group consists of 19 companies in 11 countries. The roots of the group lie in shipping. Today, EMS-Fehn-Group is active in a vast variety of …
https://splash247.com/ems-fehn-group-ceo-passes-away/
https://splash247.com/ems-fehn-group-ceo-passes-away/CEVA Logistics, a subsidiary of French liner CMA CGM, has entered the car carrier trades, taking four dual-fuel Eastern Pacific ships on 10-year charters. The 7,000 ceu ships are currently under construction at China Merchants Jinling Shipyard (Weihai), with the first vessel expected to be delivered in December and the three subsequent ships coming in …
https://splash247.com/ceva-logistics-enters-the-car-carrier-trades/
https://splash247.com/ceva-logistics-enters-the-car-carrier-trades/San Francisco-based digital freight forwarder Flexport is buying the logistics business of Canada’s online retail services platform Shopify, including its logistics startup Deliverr. Financial details have not been disclosed, but the sale comes less than a year after Shopify paid $2.1bn to acquire Deliverr. Flexport said the move will strengthen its advanced AI-driven optimisation to …
https://splash247.com/flexport-snaps-up-shopifys-logistics-business/
https://splash247.com/flexport-snaps-up-shopifys-logistics-business/Nasdaq-listed tanker and LPG owner Toro has offloaded its nineteen-year-old aframax LR2 for $30.1m, nearly tripling its money from the deal. The spinoff of Cyprus-based Castor Maritime expects to score a net gain of approximately $19.6m, excluding any transaction-related costs. Castor bought the vessel formerly known as Megalonissos from Eletson Corp for $11.35m in April …
https://splash247.com/castor-tanker-spinoff-toro-flips-veteran-aframax-for-19-6m-profit/
https://splash247.com/castor-tanker-spinoff-toro-flips-veteran-aframax-for-19-6m-profit/Japanese shipping mammoth Nissen Kaiun has signed up for more MR2 tanker newbuilds in South Korea. Multiple brokers reported Nissen Kaiun had returned to Hyundai Mipo Dockyard for eight 50,000 dwt product carriers, paying just over $370m. The ships, expected to hit the water in 2024 and 2025 will be Tier III and EEDI Phase …
https://splash247.com/nissen-kaiun-books-eight-tankers-at-hyundai-mipo/
https://splash247.com/nissen-kaiun-books-eight-tankers-at-hyundai-mipo/Engine manufacturer Scania announced it has added seven new IMO Tier III compliant marine engines to its existing portfolio as it strives to slash emissions and support more sustainable marine operations.The new DI13 solutions of 257 kW, 280 kW…
https://www.marinelink.com/news/scania-expands-imo-tier-iii-engine-range-504871
https://www.marinelink.com/news/scania-expands-imo-tier-iii-engine-range-504871Towage provider SAAM on Thursday announced it has concluded the purchase of 21 tugboats from the Brazilian company Starnav, including 19 tugs currently in operation and two additional vessels in the final phase of construction.“This is one of…
https://www.marinelink.com/news/saam-buys-tugs-starnav-504873
https://www.marinelink.com/news/saam-buys-tugs-starnav-504873Shipping group Maersk on Thursday reported first-quarter earnings above expectations and maintained its 2023 profit guidance as it expects a recent drop in demand for container shipments to stabilize around mid-year.Maersk, which transports goods for retailers and consumer companies such as Walmart…
https://www.marinelink.com/news/maersk-expects-recent-drop-container-504874
https://www.marinelink.com/news/maersk-expects-recent-drop-container-504874Design, engineering and risk management consultancy BMT announced it has appointed Ian Tyler as chairman of BMT Group Ltd. Tyler joined the board on May 1 and will assume the role of Chairman in early June. Tyler has a wealth of experience with listed public companies…
https://www.marinelink.com/news/bmt-appoints-ian-tyler-chairman-504876
https://www.marinelink.com/news/bmt-appoints-ian-tyler-chairman-504876