ombugge
September 5, 2024, 1:28pm
465
A new study by UCL Energy Institute on the relationship between financing terms and climate performance of shipping companies reveals what its authors terms as a “troubling trend” of green financing. The research paper in a sustainability...
Estimated reading time: 4 minutes
In admitting its frustration with the shipping’s slow green path, Germany’s Oldendorff Carriers has announced it is setting up a research centre for maritime sustainability with the University of Strathclyde (UoS) at the university in the centre of...
Estimated reading time: 2 minutes
Looks like not all banks and shipowners think the same way as tugsailor: European Short Sea ship design - #52 by tugsailor
ombugge
September 10, 2024, 12:14pm
466
Fleet expansion is flavour of the week:
South Korean flagship HMM today unveiled its expansion plans through to the end of the decade, setting aside a massive KRW23.5trn ($17.48bn) that will see its container fleet nearly double while its tanker and dry bulk fleets will triple in size come...
Estimated reading time: 1 minute
Among the outlay for the state-run line, HMM will spend KRW11trn to up its boxship fleet to 130 vessels of 1.55m slots. Alphaliner data shows the Korean line today has a fleet of 868,227 slots, marking it down as the eighth largest liner in the world. Also noteworthy is the KRW5.6trn earmarked to expand the company’s dry bulk and tanker business from today’s 36 ships to 110 vessels of 12.56m dwt.
Major state-run Asian lines making massive expansion plans is becoming a theme this September. Splash reported today on HMM, South Korea’s flagship, earmarking $17.5bn for expansion through to the end of the decade, while COSCO, China’s largest...
Estimated reading time: 1 minute
PIS’s goals through to 2034, in an updated business plan, call for a tripling of revenues to $8.9bn and to grow the fleet to 500 ships – 200 owned and 300 chartered in.
ombugge
September 20, 2024, 9:44pm
467
More mergers in European shipping:
Two Dutch shipowners are merging with news from Amsterdam today that Spliethoff Group has acquired a majority shareholding in fellow multipurpose operator ForestWave for an undisclosed sum. The acquisition takes Spliethoff’s fleet to 147...
Estimated reading time: 1 minute
ombugge
September 20, 2024, 9:47pm
468
Another BW affiliated company move to Singapore:
Hafnia, the world’s largest product tanker owner, has been given the go-ahead to redomicile from Bermuda to Singapore. The BW Group affiliate expects the redomiciliation to come into effect by the start of next month. Shares in Hafnia...
ombugge
September 24, 2024, 9:15pm
470
More news about seafarers’ rights and conditions of service:
President Ferdinand Marcos has signed into law the long awaited Magna Carta of Filipino Seafarers, a new law designed to protect the rights and overall welfare of domestic and overseas Filipino seafarers, as well as promote their full...
Estimated reading time: 1 minute
“With the Magna Carta of Filipino Seafarers now in place, our seafarers can look forward to greater protection of their rights and welfare, ensuring that their contributions are duly recognized and respected,” said Marissa Magsino, a member of the House of Representatives.
ombugge
November 14, 2024, 3:06pm
476
Hong Kong Maritime Week is getting near:
Ahead of Hong Kong Maritime Week, Splash today publishes an 80-page magazine on the Special Administrative Region. Recent weeks have seen plenty of much needed focus on reestablishing Hong Kong as a leading international maritime centre (IMC). The...
Estimated reading time: 7 minutes
At the turn of the century Hong Kong was Asia’s preeminent maritime centre, a position that has been eroded over the past couple of decades.
Hong Kong is also in the news for the Safe & Green Recycling of Ships Convention:
BIMCO, a leading shipping industry association, has launched a Ship Recycling Alliance to accelerate the implementation of safe and environmentally sound practices in the maritime sector. The initiative comes in...
Est. reading time: 3 minutes
ombugge
November 15, 2024, 3:41pm
478
More related to HK Maritime Week:
Splash has launched a special publication to celebrate the 30th anniversary of Fleet Management, the world’s second-largest shipmanager. The new magazine comes at a pivotal time for the Hong Kong manager as it prepares for a change of leadership with...
Estimated reading time: 2 minutes
ombugge
November 19, 2024, 11:38am
479
A memorable day in shipping:
Today is the one-year anniversary of the start of Red Sea crisis as well as being the 1,000th day since the start of Russia’s full-scale invasion of Ukraine – two events that have been seismic for shipping. On November 19 last year, Houthi...
Estimated reading time: 3 minutes
“I don’t remember any other time, at least in recent history, where we have two active major conflicts going on at the same time. You’ve also had two of the major canals, the Panama Canal and Suez Canal, disrupted, China potentially going through its worse economic slowdown, and at the same time, we have all these regulations kicking off,” Burak Cetinok, head of research at Arrow Shipbroking, told the exclusive, by-invitation-only shipowner gathering.
ombugge
November 28, 2024, 11:44am
481
Anybody here hold shears in Avance Gas Holdings?:
More money for Big Jon:
“Our plan is to reduce our capital to make the repayment of capital tax efficient while also distributing the BW LPG shares to our shareholders once the lock-up period for all shares has elapsed, which coincide[s] with our Q4 reporting in February next year,” the company said.
Latest info from Oslo Børs:https://newsweb.oslobors.no/message/633250
Is Crowley contemplating attracting crews from cheap labour reservoirs like Columbia Ship Management which has two major offices in Cyprus and Germany. I worked for both 2009-2015. They have a huge pool of PH, Indian/Sri Lanka, UKR, Russian and the whole collection of former Soviet block nationals.
https://www.facebook.com/share/p/Y2j2SQmy1rsfXcM1/
Rem: Knew Mr. Meyer in person when he was medium to low key official in CSM/D