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China’s iron ore imports in March rose about 0.5% from a year earlier, customs data showed on Friday, amid expectations that demand will pick up after the Lunar New Year holiday break as steelmakers typically ramp up production. The world’s largest iron ore consumer brought in 100.72 million metric tons of the key steelmaking ingredient ...
https://www.hellenicshippingnews.com/china-march-iron-ore-imports-edge-up-steel-exports-near-8-year-high/The Baltic Exchange’s dry bulk sea freight index surged to a more than two-week high on Friday, capping off a strong week with rising rates across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose by 39 points, or 2.3%, to 1,729 points, it highest level ...
https://www.hellenicshippingnews.com/baltic-index-logs-weekly-gain-on-strong-vessel-rates-2/
https://www.hellenicshippingnews.com/baltic-index-logs-weekly-gain-on-strong-vessel-rates-2/Japan’s largest utility JERA has decided to implement truck-to-ship bunkering of ammonia to an ammonia-fuelled tugboat owned by NYK Line. JERA has concluded a joint study agreement with NYK and Resonac aimed at achieving the world’s first bunkering of ammonia to ships. The Japanese company has now opted to supply ammonia to the A-Tug by …
https://splash247.com/jera-to-perform-first-ever-truck-to-ship-bunkering-of-fuel-ammonia/
https://splash247.com/jera-to-perform-first-ever-truck-to-ship-bunkering-of-fuel-ammonia/Acronym-heavy shipping needs to get used to a rising four-letter vessel type. VLACs are being tipped to overhaul VLGCs in a changing of the guard in the gas trades. The global trade of ammonia is increasing every year with a rise in trade projected until at least the middle of the century. With ammonia becoming …
https://splash247.com/the-rise-of-the-seaborne-ammonia-trades-2/
https://splash247.com/the-rise-of-the-seaborne-ammonia-trades-2/Friday morning saw activists from Greenpeace Nordic launch a protest against a bunker vessel accused of fuelling the Russian so-called shadow fleet in open seas off the Swedish island, Gotland. The activists approached the vessel in two ribs and painted Oil is war – People want peace on the side. “The 125 metre long bunker …
https://splash247.com/greenpeace-targets-vessel-accused-of-fuelling-russias-shadow-fleet/
https://splash247.com/greenpeace-targets-vessel-accused-of-fuelling-russias-shadow-fleet/Bakker Sliedrecht has implemented energy storage systems (ESS) on board of the two Boskalis diving support vessels - BOKA Atlantis and BOKA Da Vinci.The installation of the ESS reduces the vessels’ fuel consumption and associated carbon dioxide…
https://www.marinelink.com/news/bakker-sliedrecht-completes-ess-upgrade-512921
https://www.marinelink.com/news/bakker-sliedrecht-completes-ess-upgrade-512921Partners CY Shipping and BigLift Shipping have ordered two new heavy transport vessels (HTVs), increasing their HTV fleet to six vessels.The first vessel, owned by CY Shipping will be delivered in the fourth quarter of 2025, while the second vessel…
https://www.marinelink.com/news/cy-shipping-biglift-shipping-order-two-512922
https://www.marinelink.com/news/cy-shipping-biglift-shipping-order-two-512922Offshore vessel owner Atlantic Oceanic has chartered out its recently acquired multipurpose supply unit. The 1991-built Atlantic Spirit has been fixed for four years to Connecticut-based ThayerMahan for offshore wind-related work in Asia. The US outfit with eight European and Jones Act-compliant offshore vessels, picked up the vessel as Tek-Ocean Spirit from Melbourne-based Tek-Ocean Energy …
https://splash247.com/atlantic-oceanic-puts-fresh-mpsv-acquisition-to-work/
https://splash247.com/atlantic-oceanic-puts-fresh-mpsv-acquisition-to-work/Oslo-listed Subsea 7 has landed a contract worth between $50m and $150m with Talos Energy for the Sunspear development in the Gulf of Mexico. The project in Green Canyon Block 78 involves the subsea tieback of one production well at Sunspear to the Prince platform, 12 km to the north. Under the contract, Subsea 7 …
https://splash247.com/subsea-7-lands-gulf-of-mexico-contract/
https://splash247.com/subsea-7-lands-gulf-of-mexico-contract/The Kuok Maritime Group-led Coastal Sustainability Alliance (CSA) has announced the start of construction of the first fully electric PXO tug and supply boat by PaxOcean Group. These zero-emissions vessels are among the first and largest local electric harbour craft designed for operation in Singapore’s coastal waters. They are targeted for deployment in 2025, ahead …
https://splash247.com/paxocean-to-build-first-electric-vessels-for-kuok-led-alliance/
https://splash247.com/paxocean-to-build-first-electric-vessels-for-kuok-led-alliance/