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Greek bulker and tanker owner Centrofin is expanding its presence in the dry segment with a pair of kamsarmax newbuildings added to the orderbook. The Dimitris Procopiou-led company has upped its newbuilding programme at China’s Hengli Heavy Industry to eight 82,000 dwt units, following the initial order for six firm vessels. The company had been …
https://splash247.com/centrofin-builds-out-dry-bulk-orderbook-at-hengli/
https://splash247.com/centrofin-builds-out-dry-bulk-orderbook-at-hengli/The Panama Ship Registry has become the first flag in the world to implement stricter controls and mandatory traceability for offshore ship-to-ship (STS) transfers of hydrocarbons. Non-compliance—depending on its severity—may lead to the cancellation of a vessel’s Panamanian registration. The regulation requires all Panamanian-flagged oil tankers with a gross tonnage of 150 or more to …
https://splash247.com/panama-cracks-down-on-sts-transfers-in-bid-to-clean-up-fleet/
https://splash247.com/panama-cracks-down-on-sts-transfers-in-bid-to-clean-up-fleet/Sanctions, the shadow fleet, and the many ways authorities are trying to clamp down on this illicit trade kept Splash reporters busy all week, with clear evidence that the dark fleet is growing quicker than the West can contain. The grey fleet – as tracked by broker BRS – has been growing by 30 vessels …
https://splash247.com/splash-wrap-flags-fines-and-fakes/
https://splash247.com/splash-wrap-flags-fines-and-fakes/Norwegian authorities will require foreign-flagged tankers operating within the country’s economic zone to disclose their insurance arrangements starting August 11. The new rule, announced by Norway’s coastal administration, is part of a broader push to enhance maritime safety and environmental protection amid mounting concerns over the growing presence of shadow tankers in northern European waters. …
https://splash247.com/norway-to-demand-insurance-disclosure-from-foreign-tankers/
https://splash247.com/norway-to-demand-insurance-disclosure-from-foreign-tankers/The Association of Average Adjusters (AAA) has issued a warning to the maritime sector, highlighting the growing legal ambiguity around insurance claims involving vessel groundings linked to GPS spoofing. In a new discussion paper, the AAA warns that cyber exclusion clauses increasingly found in hull & machinery (H&M) policies—most notably the LMA5403 clause—could leave shipowners …
https://splash247.com/shipowners-warned-gps-spoofing-groundings-may-not-be-covered-by-insurance/
https://splash247.com/shipowners-warned-gps-spoofing-groundings-may-not-be-covered-by-insurance/Two people died on Thursday after a helicopter they were on board crashed into a barge on the Mississippi River, shutting the waterway to traffic near Alton, Illinois, the U.S. Coast Guard said.Preliminary information indicated the MD 369 helicopter hit power lines before the crash…
https://www.marinelink.com/news/helicopter-crash-shuts-mississippi-river-528791
https://www.marinelink.com/news/helicopter-crash-shuts-mississippi-river-528791When the maritime trade union Nautilus International asked memberswhat they thought of AI at a forum in January, there was some positive sentiment:“We shouldn’t automatically assume there will be problems with AI, as we’ve adopted other tech…
https://www.marinelink.com/news/algorithm-accountability-528793
https://www.marinelink.com/news/algorithm-accountability-528793Tougher U.S. trade penalties on goods originating in one country being re-shipped from another are not expected to immediately follow new U.S. tariffs, three people in Southeast Asia with knowledge of the matter said, easing a major cause of…
https://www.marinelink.com/news/tough-transshipment-penalties-not-528780
https://www.marinelink.com/news/tough-transshipment-penalties-not-528780In this live webinar, you’ll discover how our latest hydrographic survey innovations, developed and refined across multiple years of Great Lakes operations, can support your infrastructure, energy, and environmental initiatives.Hydrospatial experts from NV5…
https://www.marinelink.com/news/advancing-hydrography-great-lakes-528785
https://www.marinelink.com/news/advancing-hydrography-great-lakes-528785Ampereship, a shipbuilding company based in Stralsund that specializes in the construction of new electric solar-powered ships and ferries for inland waters, has completed its first conversion of a diesel-powered passenger ship to fully electric propulsion.
https://www.marinelink.com/news/ampereship-converts-passenger-ship-fully-528787
https://www.marinelink.com/news/ampereship-converts-passenger-ship-fully-528787