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From splash247.com
New York-listed diversified owner SFL Corporation has shipped out its oldest suezmax tanker at a profit. The John Fredriksen-controlled company said it had sold and delivered the 2010-built to an unrelated third party for net proceeds of around $41.1m. The ship, built at Jiangsu Rongsheng in China, was debt-free at the end of the first …
From splash247.com
Singapore-based owner Berge Bulk has crossed another hurdle on its decarbonisation pathway by signing up one of its ships for a potential conversion to run on methanol. In what is being described as a pioneering joint development project, the James Marshall-led company, which owns and manages a fleet of over 80 vessels, has teamed up …
From splash247.com
Over the weekend, brokers report two rare modern bulker deals, ships sold shortly after being circulated for sale. The price tag attached to the latest deals also shows an increased appetite for modern ships. Ten days ago, Belgian Conti Lines tempted the market with the 61,000 dwt Iwagi-built Cl Ebisu. The ultramax was quickly sold …
Singapore’s Coastal Sustainability Alliance (CSA) has received its first commitment to order and operate electric-supply boats from Ken Energy.
In this edition of the Seatrade Maritime Special Report, we talk to key Panama maritime industry stakeholders about what lies ahead in 2023 what the measures would be to re-invent the system.
Container line Hapag-Lloyd has completed its acquisition of 40% shareholding in J M Baxi Ports & Logistics Limited (JMBPL) previously approved by antitrust authorities.
From www.marinelink.com
New Zealand's last exports of livestock by sea have been completed and live exports have ceased, its agriculture minister said on Friday, as it fully implemente
Reliance: The block averaged 20 million standard cubic meters per day of production in the January-March quarter, the company said in an investor presentation post-presentation of the March quarter earnings.
"Initially, everybody was asking how are you importing it (fuel) from Russia (or is it) because it is giving concession," Sitharaman said, reiterating India's position it was accountable to its people.
This will be Brookfield's second renewable deal in as many months, having agreeing to invest $1 billion in serial Avaada Ventures, run by serial entrepreneur Vineet Mittal.
Sunday's Energy Absurdity: The Utter Futility of the Energy Transition in Two Illustrations [Follow me on Twitter at @EnergyAbsurdity] I can write all the thousands of words I want on this topic, but the visual learners among us need, well, visuals to learn the futile reality of this “energy transition” which western governments are bankrupting themselves to try to subsidize into reality. I came across two such visuals that, taken together, do a great job of telling this story.
NEW DELHI : The Union Minister of Ports, Shipping & Waterways Shri Sarbananda Sonowal inaugurated major infrastructure projects in Tamil
NEW DELHI : India’s major ports handled the highest ever cargo at 795 million tonne in 2022-23, Ministry of Ports, Shipping and Waterways Secretary Sudhansh
From www.world-grain.com
Farmers to receive support through customized action plan, market connections.
From www.world-grain.com
West Coast labor issues remain top priority for rail freight.
From www.world-grain.com
Grain Craft director of technology receives honor at annual IAOM banquet.
Does the creation of a state-owned Lithium company presage a deal with China?
From www.youtube.com
In this video we take you through Spot Ship's Search page and all it's functionality.
Want to learn more? Visit our website at www.spot-ship.com
US inbound containers fell by 32.2% on-year in March, the largest recorded drop as volumes fell from pandemic-inflated levels.
From splash247.com
A first shipment of independently-certified low-carbon ammonia has arrived in Japan for use as fuel in power generation. The shipment is the result of a successful multiparty collaboration across the low-carbon ammonia value chain. The ammonia was produced by SABIC Agri-Nutrients with feedstock from Aramco, and sold by Aramco Trading Company to the Fuji Oil …
From splash247.com
Boskalis’ SMIT Salvage has been tasked to remove oil from the decaying floating storage and offloading unit (FSO) moored off Yemen’s Red Sea coast. The single-hulled oil tanker, built in 1976 and converted in 1987, is believed to hold 1.14m barrels of light crude oil. Due to the crisis in Yemen, the FSO has not been maintained …
From splash247.com
Greek bulker owner Diana Shipping has tapped Danish Ship Finance for a $100m loan maturing in April 2028. The New York-listed firm has used the proceeds to refinance two existing loans with BNP Paribas of about $75.2m and another loan facility with DNB Bank of approximately $11.8m. Diana said the leftover cash may be used …
From splash247.com
A first shipment of independently-certified low-carbon ammonia has arrived in Japan for use as fuel in power generation. The shipment is the result of a successful multiparty collaboration across the low-carbon ammonia value chain. The ammonia was produced by SABIC Agri-Nutrients with feedstock from Aramco, and sold by Aramco Trading Company to the Fuji Oil …
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