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The second-largest shareholder in Klaveness Combination Carriers (KCC), EGD Shipping Invest, has sold 3m shares for around $20.6m. The Norwegian investment company offloaded the shares through a private placement at a discount price of NOK71 per share, compared to yesterday’s close at NOK78. Consequently, KCC shares opened at NOK73 on Wednesday. After the sale, EGD …
https://splash247.com/egd-sells-down-in-klaveness-combination-carriers/
https://splash247.com/egd-sells-down-in-klaveness-combination-carriers/A China-flagged cargo ship sank in the Strait of Tartary off the coast of Russia's Sakhalin island, the press service of Russia's Federal Agency for Maritime and River Transport told TASS on Wednesday, adding there were no casualties."The crew of 21 citizens of the People's Republic of China got ont
https://www.marinelink.com/news/chinaflagged-cargo-ship-sinks-off-russias-503283
https://www.marinelink.com/news/chinaflagged-cargo-ship-sinks-off-russias-503283A.P. Moller-Maersk's towage arm Svitzer announced it has expanded its presence in Brazil to provide operations and services at the Port of Salvador, including Aratu Port Complexes.Svitzer said it will deploy two "modern and high-powered" tugs…
https://www.marinelink.com/news/svitzer-expands-brazils-port-salvador-503284
https://www.marinelink.com/news/svitzer-expands-brazils-port-salvador-503284Cargill, one of the world's biggest ship charterers, is stepping up a push to resurrect wind power for cargo ships as the agricultural commodities group moves to cut emissions from its chartered fleet, a top executive said.With about 90% of world trade transported by sea…
https://www.marinelink.com/news/cargill-testing-new-sail-technology-cargo-503285
https://www.marinelink.com/news/cargill-testing-new-sail-technology-cargo-503285Japan will stress the importance of investment in natural gas, liquefied natural gas as well as cleaner fuels such as hydrogen and ammonia during its presidency of the G7 this year, a source said, but would keep it clean to meet 2050 carbon neutral goal.Japan…
https://www.marinelink.com/news/japan-promote-gas-lng-hydrogen-during-g-503286
https://www.marinelink.com/news/japan-promote-gas-lng-hydrogen-during-g-503286Russia's second-largest oil producer Lukoil has set up ship-to-ship (STS) loadings of Urals oil near the western port of Kaliningrad, Refinitiv Eikon data showed and trading sources told Reuters on Wednesday.The data shows 100,000 tonnes of…
https://www.marinelink.com/news/lukoil-sets-shiptoship-russian-oil-503288
https://www.marinelink.com/news/lukoil-sets-shiptoship-russian-oil-503288Researchers from NOAA, the state of Michigan, and Ocean Exploration Trust discovered an intact shipwreck resting hundreds of feet below the surface of Lake Huron. Located within NOAA's Thunder Bay National Marine Sanctuary, the shipwreck has been identified as the sailing ship Ironton.
https://www.marinelink.com/news/discovery-historic-shipwreck-found-lake-503296
https://www.marinelink.com/news/discovery-historic-shipwreck-found-lake-503296Offshore seismic survey firm PXGEO announced it has appointed Tony Bowman as chief executive officer, effective April 3, 2023.Bowman joins PXGEO from an executive career at Schlumberger. During his almost 30-year tenure, he held a number of senior roles across multiple geographical locations…
https://www.marinelink.com/news/pxgeo-names-tony-bowman-ceo-503297
https://www.marinelink.com/news/pxgeo-names-tony-bowman-ceo-503297Global merchandise trade growth slowed at the end of 2022 and was likely to remain weak in the first quarter of this year, the World Trade Organization said on Wednesday.However, the WTO said any slowdown may be short-lived given that container throughput at Chinese ports and new export orders have
https://www.marinelink.com/news/wto-expects-global-trade-slowdown-503298
https://www.marinelink.com/news/wto-expects-global-trade-slowdown-503298Commercial engine distributor Laborde Products announced it has appointed Michael Murzi, Jr. as its new marine sales manager. Murzi brings with him over 10 years of experience in the marine industry and over 30 years of experience in sales,…
https://www.marinelink.com/news/laborde-products-names-murzi-marine-sales-503300
https://www.marinelink.com/news/laborde-products-names-murzi-marine-sales-503300