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Closely watched U.S. retail trade forecasters on Monday lowered their import target for the first half of 2023 and said they expect incoming ocean container volume to remain soft going into this autumn - when retailers like Walmart (WMT.N) should…
https://www.marinelink.com/news/us-consumer-goods-import-forecast-lowered-504931
https://www.marinelink.com/news/us-consumer-goods-import-forecast-lowered-504931The crew of two ships detained by Iran in the past 10 days must brace for an extended time away from loved ones if recent similar ship seizures by Tehran are anything to go by. The Advantage Sweet suezmax and the Niovi VLCC were both apprehended by Iranian military forces in recent days while transiting …
https://splash247.com/apprehended-crews-in-iran-brace-for-extended-detention/
https://splash247.com/apprehended-crews-in-iran-brace-for-extended-detention/Tankers still working aged above 20 years of age made up just 1% of the global tanker fleet pre-covid, and were still a rarity at 3% before the invasion of Ukraine in late February last year. They’re now on track to make up 11% of all tanker demand by mid-2025, according to data from brokers …
https://splash247.com/20-year-old-tankers-set-to-make-up-11-of-all-tanker-demand-by-mid-2025/
https://splash247.com/20-year-old-tankers-set-to-make-up-11-of-all-tanker-demand-by-mid-2025/One of the tanker industry’s greatest fears with the rise of the so-called shadow fleet is unfolding in Southeast Asia where an uninsured 1997-built ship exploded last week, killing three crew, and with oil washing up on nearby shores. The unladen Gabon-flagged , owned by a single ship shell company in the Marshall Islands, exploded …
https://splash247.com/pablo-explosion-a-warning-sign-of-worse-to-come/
https://splash247.com/pablo-explosion-a-warning-sign-of-worse-to-come/US shipowner Ridgebury Tankers has continued pruning its fleet with the sale of a fourteen-year-old suezmax. Multiple industry sources said the Connecticut-based outfit led by Bob Burke has offloaded the 2009-built to an unnamed buyer for a reported price of $45m. The scrubbed-fitted 164,800 dwt vessel built by Hyundai Samho Heavy Industries was picked …
https://splash247.com/ridgebury-tankers-ships-out-suezmax-for-45m/
https://splash247.com/ridgebury-tankers-ships-out-suezmax-for-45m/UK-based diversified owner Lomar Shipping has expanded its bulk carrier fleet to nine ships with the purchase of three Chinese-built supramaxes. The maritime subsidiary of New York-based Libra Group has officially taken over the recently acquired 57,000 dwt Ariadne, renamed Oslo Trader, after paying around $13m for the 2010-built ship. Lomar said it also expects …
https://splash247.com/lomar-spends-over-40m-on-supramax-trio/
https://splash247.com/lomar-spends-over-40m-on-supramax-trio/Greek bulker owner Diana Shipping has secured employment for two of its ships that should bring in about $16.71m for the minimum scheduled period of their contracts. The Semiramis Paliou-led company has sealed a time charter deal with Smart Gain Shipping for its 2015-built capesize Santa Barbara until October 10, 2024, with options until December …
https://splash247.com/diana-shipping-fixes-out-bulker-pair/
https://splash247.com/diana-shipping-fixes-out-bulker-pair/The US has undertaken a $4bn initiative to electrify its ports and reduce heavy-duty vehicle emissions as the government seeks to address excessive consequences on adjacent communities. The US Environmental Protection Agency (EPA) is seeking public input on its $3bn Clean Ports Program to reduce pollutants at US ports and its $1bn Clean Heavy-Duty Vehicle …
https://splash247.com/us-earmarks-4bn-for-clean-port-upgrades/
https://splash247.com/us-earmarks-4bn-for-clean-port-upgrades/Greece’s Zeus Lines Management has pleaded guilty in Providence, Rhode Island and agreed to pay $2.25m for violations of environmental laws that were carried out by the captain and chief engineer of one of its tankers. The Panama-flagged 2008-built chemical/product tanker discharged 9,544 gallons (36,128 litres) of oily bilge water directly into the ocean and …
https://splash247.com/greek-tanker-operator-fined-2-25m-in-us-pollution-case/
https://splash247.com/greek-tanker-operator-fined-2-25m-in-us-pollution-case/Six crewmembers who were kidnapped by pirates from the Liberian-flagged product tanker, in the Gulf of Guinea in late March have been rescued in Nigeria, Danish bunker supplier Monjasa confirmed on Monday. The 2003-built 13,700 dwt ship, managed by Montec Ship Management was hijacked on March 25 together with 16 crewmembers some 140 nautical miles …
https://splash247.com/six-kidnapped-monjasa-crew-freed/
https://splash247.com/six-kidnapped-monjasa-crew-freed/