Latest News for: Vessel values

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UK Renews Royal Navy’s More Than $1.3B Marine Services Outsourcing Contract

The Maritime Executive 15 May 2025
The contracts, which are reportedly valued at more than £1 billion ($1.33 billion), had become a point of contention between Serco and its two unions leading to a possible strike earlier this year.
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STNG Q1 Earnings Call: Revenue Beats Expectations Amid Market Uncertainty and Supply Shifts

The Call 15 May 2025
19.2%, down from 54.3% in the same quarter last yeartotal vessels ... Asked about the disconnect between ship values and tanker rates, and whether vessel values might adjust upwards if rates remain strong.
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JDF makes $40-million marijuana haul

Jamaica Star 15 May 2025
... approximately 663 pounds of marijuana valued at approximately $40 million during a successful vessel interdiction offshore Westmoreland yesterday.
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Walters’ Latin American art exhibit lost $70K in Trump cuts. It’s opening anyway.

Baltimore Sun 15 May 2025
On view in the new installation is a small, silver drinking vessel from Peru purchased by museum founder Henry Walters in 1897 ... “Those are the values that have always guided the museum and that will continue to guide it.”.
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Bags of ganja valued at $40 million seized offshore Westmoreland

Jamaica Star 14 May 2025
... Air and Cyber Command seized several bags of marijuana valued at approximately $40 million during a successful vessel interdiction offshore Westmoreland on Wednesday.
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Aurora Tankers sells veteran brace amid dip in asset values

Tradewinds 14 May 2025
Aurora Tankers has moved on from two of its oldest vessels in ...
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Europe to baptize colossal carbon ship to bury 400,000 tons of CO2 undersea yearly

Interesting Engineering 13 May 2025
The colossal vessel will reportedly be christened and launched at the Royal Niestern Saner shipyard in the north of the Netherlands on Wednesday, May 14, marking a new era for carbon capture and storage (CCS) efforts across the continent.
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How iFX Brokers is Redefining Leadership in Finance through Women Empowerment

Finance Magnates 13 May 2025
Anchored in Jeffreys Bay, South Africa, iFX Brokers is a trusted trading vessel navigating the global financial markets. They blend time-honoured values with cutting-edge technology to offer a ...
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South Korean Makes Second Major Cocaine Smuggling Bust in Weeks

The Maritime Executive 12 May 2025
Acting on information from the United States authorities, South Korea’s Busan Regional Customs made the second major cocaine seizure from an inbound vessel in just a matter of weeks ... The vessel, ...
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Prosafe pens four-year floatel deal in Brazil

Splash24/7 12 May 2025
The total value of the contract is approximately $204m. The vessel is capable of operating in harsh environments and accommodating up to 500 people.
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Cyprus trade deficit widens to €1.85 billion in first quarter of 2025

CyprusMail 12 May 2025
March’s import figures include the transfer of economic ownership of vessels valued at €53.7 million, up from €9.5 million recorded in March 2024 ... The statistical value reported reflects the value of ...
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National fisheries policy soon

Dawn 10 May 2025
ISLAMABAD ... This includes support for fishing vessels, aquaculture equipment, and value-added seafood products, and the Ministry of Maritime Affairs has finalised plans to revitalize the Korangi Fisheries Harbour Authority (KHFA) ... .
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Alphard Maritime subsidiary hires PSV for ONGC

Splash24/7 09 May 2025
The contract for the vessel is valued at approximately Rs 20.60 crore ($2,4m).
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Berge Bulk equips vessel with carbon capture system

SAFETY4SEA 09 May 2025
Berge Bulk has completed the installation of a carbon capture system on board its 63,000 DWT Ultramax vessel, Berge Yotei. As announced, the system which was developed by Value Maritime, ...
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Korea to build world's largest liquefied hydrogen carrier by 2027

Korea Times 09 May 2025
LHC is considered a type of high-value and high-tech vessel that is widely expected to play a significant role in the shipbuilding market.
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