Latest News for: Vessel values

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MOL Plans First Japanese Installation of Carbon Capture/Scrubber System

The Maritime Executive 23 Apr 2024
The system, which is being supplied by the Netherlands-based Value Maritime, will be the first commercial installation of a CO2 capture system on a Japanese vessel as well as the first LR1 tanker and largest vessel to employ the Filtree System.
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Baltimore claims Dali was 'unseaworthy,' accuses owners of negligence in bridge collapse

The Hill 23 Apr 2024
... fit to put a clearly unseaworthy vessel into the water," the attorneys wrote ... The vessel is valued at up to $90 million and was owed more than $1.1 million in income from the freight, per the filings.
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Baltimore leaders accuse ship’s owner and manager of negligence in Key Bridge collapse

Daily Press 23 Apr 2024
owns the Dali, the vessel that veered off course and slammed into the bridge ... The petition estimates that the vessel itself is valued at up to $90 million and was owed over $1.1 million in income from freight.
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Baltimore leaders blame ship owner, manager for Key Bridge collapse

WPTV 23 Apr 2024
owns the Dali, the vessel that veered off course and slammed into the bridge ... The petition estimates that the vessel itself is valued at up to $90 million and was owed over $1.1 million in income from freight.
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Baltimore leaders accuse ship's owner and manager of negligence in Key Bridge collapse

Newsday 23 Apr 2024
Singapore-based Grace Ocean Private Ltd. owns the Dali, the vessel that veered off course and slammed into the bridge ... The petition estimates that the vessel itself is valued at up to $90 million and was owed over $1.1 million in income from freight.
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Imoto Lines a Marindows New Next-Gen Zero-Emission Container Ship Project

The Maritime Executive 22 Apr 2024
Next-generation advanced vessels currently under development and introduction are not only expensive but also technologically nascent, carrying the risk of future technology obsolescence (devaluation of vessel value).
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Imoto Lines - Marindows New Next-Gen Zero-Emission Container Ship Project

The Maritime Executive 22 Apr 2024
Next-generation advanced vessels currently under development and introduction are not only expensive but also technologically nascent, carrying the risk of future technology obsolescence (devaluation of vessel value).
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As tensions mount in Red Sea, freight charges, insurance premiums may surge further

The Times of India 22 Apr 2024
War risk insurance premiums, which were previously around 0.05% of the insured value of the vessel, ...
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MOL installs onboard CO2 capture system

SAFETY4SEA 22 Apr 2024
... system with a SOx scrubber manufactured by Value Maritime B.V ... MOL and VM aim to reduce GHG emissions from vessels and establish a CO2 capture value chain to contribute to a carbon-neutral society.
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The Dali & Ever Given: General Average and Salvage in Ocean Freight

The Maritime Executive 21 Apr 2024
Another seminal incident was the grounding of the large container vessel Ever Given within the Suez Canal while transiting the Suez Canal on March 23, 2021, lodging herself against both banks of the waterway.
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Hot take on wifi cold spots

Splash24/7 21 Apr 2024
The owners who know the costs but also the value of every part of their operations, who ... We can see the impact of doing good reflected in the market value of the vessel, and that has to be progress.
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Singapore’s FSL Trust could sell product tankers as charters expire

Tradewinds 19 Apr 2024
... vessels would provide better value for unitholders.
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Veson Nautical: Red Sea disruption is pushing up container values

SAFETY4SEA 18 Apr 2024
However, since January 2024, values have taken a turn in the opposite direction and older vessels have shown the most strength, with values for 20 year old Handy Containers of 1,750 TEU up by as much ...
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FRP Vessels Market Advanced Technology And New Innovations By 2027 Palmer, Link Engineers

MENA FN 18 Apr 2024
(MENAFN - EIN Presswire) FRP Vessels Market 1WILMINGTON, DE , UNITED STATES, April 18, 2024 /EINPresswire / -- The global FRP vessels market size was valued at $1.1 billion in 2019, and is ... .
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A company is turning former cruise ships into floating hotels — see inside its largest 'floatel'

Business Insider 17 Apr 2024
Other vessels find a more fortunate fate, receiving a second chance to do what they already do best ... The company also charters vessels long-term ... And once they are no longer needed, the vessels depart and "leave no trace behind," the company said.

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Why is Iran’s President Ebrahim Raisi visiting Pakistan?
Al Jazeera
22 Apr 2024
In this photo released by Prime Minister Office, Iranian President Ebrahim Raisi, right, with Pakistan's Prime Minister Shehbaz Sharif, left, prays after planting a tree in the prime minister house in Islamabad, Pakistan, Monday, April 22, 2024.
AP / Prime Minister Office via AP
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Khaama Press
22 Apr 2024
File - On 5 June 2022, Volodymyr Zelenskyy "visited command posts and frontline positions of Ukrainian troops in the area of Bakhmut in the Donetsk region and Lysychansk in the Luhansk region
Creative Commons / President.gov.ua / https://creativecommons.org/licenses/by/4.0/deed
Floods swamp China's south, spark extreme weather fears
LBC International
22 Apr 2024
File - Residents wash their mud covered suitcases and belongings on a bank of a canal clogged with flood debris in the Mentougou district on the outskirts of Beijing, Monday, Aug. 7, 2023. Rain continued to pelt northeastern China in the wake of Typhoon Doksuri, as authorities reported more fatalities and missing people while evacuating thousands more.
AP / Andy Wong
Biden implication that uncle was eaten by ‘cannibals’ sparks criticism from Papua New Guinea leader
The Hill
22 Apr 2024
FILE - Papua New Guinean Prime Minister James Marape, left, listens during a meeting with Pacific Islands Forum leaders during the U.S.-Pacific Islands Forum Summit in the East Room of the White House, Monday, Sept. 25, 2023, in Washington. Prime Minister Marape accused Joe Biden of disparaging the South Pacific island nation by implying that an uncle of the U.S. president had been eaten by “cannibals” there during World War II.
AP / Evan Vucci, File
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