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One seafarer has died in the severe blaze onboard the one-month-old Maersk Frankfurt off India. Indian Coast Guard ships, helicopters and planes spent the weekend dousing the ship, with latest reports suggesting the fire has been surpressed, but there is still much smoke from the front deck of the 5,500 teu vessel. The Panama-flagged Maersk …
https://splash247.com/seafarer-dies-in-severe-blaze-on-maersk-vessel-off-india/
https://splash247.com/seafarer-dies-in-severe-blaze-on-maersk-vessel-off-india/The nine-month long Red Sea shipping crisis entered a new, more dangerous phase over the weekend with Israel and the Houthis now in direct confrontation, carrying out long-range attacks on each other, and lending credence to the claims by the Houthis that they have the capacity to attack targets in the Mediterranean. A Houthi drone …
https://splash247.com/israel-and-houthis-trade-blows-as-red-sea-shipping-crisis-enters-new-phase/
https://splash247.com/israel-and-houthis-trade-blows-as-red-sea-shipping-crisis-enters-new-phase/Norway’s Sea1 Offshore has agreed a long-term contract extension with marine seismic player PXGEO for its multipurpose support vessel Siem Dorado. The Christen Sveaas-led OSV owner and operator has fixed the 2009-built MPSV for two years and four months in direct continuation of the vessel’s current employment. The new extension will keep the ship utilised …
https://splash247.com/sea1-offshore-bags-long-term-mpsv-extension-deal-from-pxgeo/
https://splash247.com/sea1-offshore-bags-long-term-mpsv-extension-deal-from-pxgeo/New York-listed offshore driller Valaris has won a multi-year contract with Equinor’s subsidiary in Brazil for the drillship Valaris DS-17. The deal covers work on the Ria project offshore Brazil, Equinor operates in partnership with Repsol Sinopec and Petrobras. The contract, worth about $498m is estimated to last 852 days and includes managed pressure drilling, …
https://splash247.com/valaris-lands-498m-drillship-deal-with-equinor-brazil/
https://splash247.com/valaris-lands-498m-drillship-deal-with-equinor-brazil/Nissen Kaiun has been tied to an order of very large ammonia carriers in China. Brokers reported Japanese shipping mammoth had contracted four 88,000 cu m newbuilds at Yangzi-Mitsui Shipbuilding (Yamic) a joint venture yard between China’s Yangzijiang Shipbuilding and Japan’s Mitsui E&S Shipbuilding. The ships are set for delivery from May 2028 through February …
https://splash247.com/nissen-kaiun-signs-for-very-large-ammonia-carriers-in-china/
https://splash247.com/nissen-kaiun-signs-for-very-large-ammonia-carriers-in-china/Darley—a Itasca, Ill. headquartered provider of technology and equipment to military and first responders, including pumps for fireboats—announced it has named Lee J. Wise as chief financial officer, effective July 22, 2024.Wise joins Darley from Covetrus…
https://www.marinelink.com/news/darley-names-lee-j-wise-cfo-515366
https://www.marinelink.com/news/darley-names-lee-j-wise-cfo-515366Spanish authorities have detained a German-operated cargo ship for causing a spill during a refueling operation near the Spanish enclave of Ceuta, Spain's Merchant Fleet said on Monday.The Antigua & Barbuda-flagged Tony Stark ship cannot leave…
https://www.marinelink.com/news/spain-detains-cargo-ship-fuel-spill-near-515368
https://www.marinelink.com/news/spain-detains-cargo-ship-fuel-spill-near-515368Prices of iron ore futures edged lower on Monday as investors and traders assessed mixed market signals from top consumer China following the end of its widely watched third plenum. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 0.31% lower at 798.5 yuan ($109.79) a metric ton. The ...
https://www.hellenicshippingnews.com/iron-ore-edges-lower-as-investors-digest-mixed-signals-from-china/Ukraine’s grain exports through the Romanian Black Sea port of Constanta fell by 43.5% on the year in the first half to 4.24 million metric tons, the port authority said, as Kyiv has been able to rely on its own ports this year. Constanta port had been Ukraine’s main alternative route for grain since Russia’s ...
https://www.hellenicshippingnews.com/ukraine-grain-exports-via-romanias-constanta-port-drop-43-5-in-first-half/China’s imports of major commodities are often viewed through the prism of the performance of, and outlook for, the world’s second-biggest economy. But it’s probably more important to look at price trends when assessing the world’s biggest commodity importer’s inbound shipments of crude oil, liquefied natural gas (LNG), copper, iron ore and coal. The diverging ...
https://www.hellenicshippingnews.com/chinas-commodity-import-trend-driven-by-prices-not-economy/
https://www.hellenicshippingnews.com/chinas-commodity-import-trend-driven-by-prices-not-economy/