Ship Recycling Resurgence Greater Than Expected
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23m ago
Indian sub-continent ship recycling markets enjoyed a greater than expected degree of a post-Ramadan resurgence, reports cash buyer GMS.“Vessel prices across the various destinations seemed to have concurrently enjoyed varying degrees of an ..read more
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EU Tanker Import Tonne Mile Demand up 12%
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23m ago
In 2023, sanctions on Russian oil exports by the EU caused a major shift in tanker trades and a 10% increase in average sailing distances for EU tanker imports. Now, attacks on ships in the Red Sea area have caused average sailing distances ..read more
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New Order for MAN’s Ammonia Engine
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23m ago
Imabari Shipbuilding will install a MAN B&W 7S60ME-Ammonia engine with SCR in connection with the construction of a 200,000 dwt bulk carrier for a joint venture between K Line, NS United and Itochu Corporation.The business represents one of ..read more
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Esgian Week 15 Report: South America Remains Vital
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23m ago
Esgian reports on new contracts for Borr Drilling and Shelf Drilling (North Sea) jackups in its Week 15 Rig Analytics Market Roundup. Additionally, Energean has selected a drillship for its upcoming drilling campaign offshore Morocco. South America remains vital to the floating rig market ..read more
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Denmark Bans Discharge of Scrubber Water
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23m ago
The discharge of scrubber water from ships out to 22km (12 nautical miles) from the Danish coasts will be prohibited by law. The ban will come into effect on July 1, 2025, for ships with scrubbers in open operation, where the wash water is discharged into the sea ..read more
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Updated Version of Guidelines for Cleaning Containers Released
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23m ago
Every year, 250 million containers are transported across the world with food, clothes, electronics and other goods. While crucial for the smooth functioning of the global supply chain, containers and their cargoes can also harbour and transfer ..read more
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Singapore Alliance Building Electric Tug and Supply Boat
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23m ago
The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has announced the start of construction of its first fully electric PXO-series tug (e-tug) and supply boat (e-supply boat) by PaxOcean ..read more
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Vessel Seized by Iran is Managed by MSC
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23m ago
MSC is the manager and commercial operator of a vessel seized on Saturday by Iranian authorities, international shipping company Zodiac Maritime said in a statement."MSC is responsible for all vessel activities including cargo operations and maintenance ..read more
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Somali Pirates Release Ship after Ransom Paid
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3h ago
Somali pirates released a hijacked ship, MV Abdullah, and its crew of 23 early on Sunday after a $5 million ransom was paid, according to two pirates."The money was brought to us two nights ago as usual... we checked whether the money was fake or not ..read more
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Stranded Tanker Moved to Egyptian Port
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3h ago
A Liberian-flagged natural gas tanker that was stranded in the Gulf of Aqaba on Friday has been moved away, said two Egyptian sources at the southern Sinai nature reserves.One of the sources said the ship was moved to Sharm el-Sheikh port, with ..read more
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