Shipping News

Maersk Honan has been cut in two in preparation for the undamaged aft part to be loaded on a HLV and transported to Hyundai Yard, Ulsan:

Well at least she will fit!

They will probably load the MH offset from CL of the HLV, but there will be some overhang.
Here is specs for XGH:

Maritime CEO Forum goes to Europe:

Anybody here got invited yet??:

CNC0 still in growth mode

What will 2019 bring for world shipping?:

As a consequence of Brexit there will now be Maerkxit:

It is the eve of the Lunar New Year today and as always there are predictions for the Year of the Pig by Fung Shui Masters in all respected media in Asia and beyond.
So also in Splash 24/7, but concentrated on the outlook for the shipping market:

Kong Hee Fat Choy (or Gong Xi Fa Chai) to all members and readers of gcaptain forum.
May the Year of the Pig be a happy and prosperous one for all:

More predictions for the year(s) ahead. This for the tanker market and consequently for the crude oil production up to 2023:

Boskalis (former Dockwise) has secured a contract to carry modules for a US LNG plant from China.
This will occupy two open stern HLV for several months in 2021-22:

Indonesia has tried to enforce laws to restrict coal export to Indonesian ships before without succeeding. Now they want to try again:

Landlocked Nepal wants to become a shipping nation with it’s own fleet sailing the oceans:

No it is not aiming to be a new FOC in the mould of Bolivia or Mongolia.

The VLCC market has been turned on it’s head:

CEO of Liberian Register is stepping down:

The Chairman of world’s largest shipping company COSCO, Capt. Xi Lirong has been given an award by BIMCO for his outstanding service to the shipping industry:

COSCO has a diverse fleet of 1248 vessels of all types:

Incl. a large fleet of Heavy Lift Vessels:

The largest being 98000 DWT:

Empty containers represent >25% of the numbers loaded on ships in US ports:

The number is slightly less from European ports, but still substantial at abt. 20%.

Here is a suggestion of how to cope with the problem (??):

Yet another Ship Management Company has started operation in Singapore:

They are presently mostly involved with Offshore vessels of various kinds.

PS> Maybe worth a try for those out of work and with few prospects of finding any in GoM.

COSCO to set up China’s first VLCC pool:

Time for the shipping world to change their mindset?

From this article on Splash 24/7 today:

Good question. What is your answer??:

Since I imagine that neither one has ever happened, it’s difficult to develop statistics.

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The UFO part is the Fermi paradox and the five-year forecast is a Fermi problem.

Saudi Aramco is looking east and changing their aim to MR tankers over VLCCs:

The Expedition Cruise boom set in perspective:

It open up a large market for mariners with polar experience, or who have other special skills and local knowledge.

MPC, which is a German owned shipping company started in 2017, registered and with HQ in Oslo. They are getting closer to their goal of owning and operating 100 Container Feed Vessels in the 1000 - 3000 TEU range:

The newly obtained revolving loan of USD 40 Mill. will help them get there by 2020:

Scrapping newer container ships likely to help improve the market: