Latest News for: Vessel values

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Cocaine dropped at sea for UK drug gangs to collect

The Daily Telegraph 21 Mar 2025
The drugs – packed in waterproof parcels and equipped with trackers – were found behind the locked doors of a container on the vessel, which was stopped off the coast of Dover, Kent, and had a street value of more than £50 million.
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Cyprus Foreign Trade Statistics: December 2024

Famagusta Gazette 20 Mar 2025
Imports in January 2025 include the transfer of economic ownership of vessels valued at €70,8 million, up from €65,6 million in January 2024.
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Six DOF Vessels Set to Sail to Africa for Multi-Million Dollar Subsea Job

MarineLink 20 Mar 2025
Norwegian offshore supply vessel operator DOF Group has secured a ‘very large’ subsea umbilical, riser, and flowline (SURF) project for an undisclosed energy company offshore Africa.
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Commercial update – NORDEN sells vessels and continues to buy back shares

Hellenic Shipping News Worldwide 20 Mar 2025
In line with our intention to realise asset values, we have sold ...
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Hafnia debuts bunker platform

Splash24/7 20 Mar 2025
By integrating real-time vessel feedback, lab analyses, and financial loss data, FuelSure aims to quantify the value of trust for shipowners and traders navigating one of the shipping industry’s most opaque sectors.
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EDGE expands naval capabilities through multi-billion Euro joint venture with CMN NAVAL

Eye Of Riyadh 20 Mar 2025
... under an exclusivity agreement on the segment of high value small to mid-size naval vessels including Corvettes, Offshore Patrol Vehicles (OPVs), High-speed Interceptors, Trimarans, and Landing Craft.
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UAE Shipbuilding Joint Venture Announced

MarineLink 19 Mar 2025
... under an exclusivity agreement on the segment of high value small to mid-size naval vessels including Corvettes, Offshore Patrol Vehicles (OPVs), High-speed Interceptors, Trimarans, and Landing Craft.
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Edge, CMN NAVAL to create new Abu Dhabi-based shipbuilding JV

The Gulf Time 19 Mar 2025
exclusivity agreement on the segment of high value small to mid-size naval vessels including Corvettes, Offshore Patrol Vehicles (OPVs), High-speed Interceptors, Trimarans, and Landing Craft.
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Weekly Vessel Valuations Report, March 18 2025

Hellenic Shipping News Worldwide 19 Mar 2025
Bulker Values firming across the board this week, owing to ...
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Seapeak eyes triple sale of vintage LNG tonnage

Splash24/7 19 Mar 2025
The values of these vessels were written down last December, and their projected use was cut from 35 years to 25 years, resulting in an impairment charge of about $387m, with Seapeak saying it had ...
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Marine insurance industry explores climate alignment objectives

SAFETY4SEA 19 Mar 2025
... scores using vessel data from 2023 ... To calculate well-to-wake carbon equivalent values, signatories apply well-to-wake emission factors when calculating the overall emissions for a specific vessel.
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Polar Icebreakers May Be Key to Jumpstarting American Shipbuilding New Report Finds

gCaptain 18 Mar 2025
... and complex nature represents an opportunity to rebuilding American shipbuilding competitiveness in high quality vessels, rather than attempting to compete with China on low-tech, low-value vessels.
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NIMASA’s Crusade to End War Risk InsurancePremiums to Save Nigeria Over $400bn Annually

This Day 17 Mar 2025
... based on the indemnity amount, and war risk hull, which covers the vessel itself and is determined by its value ... For new container vessels valued at $150 million, the cost rises to $525,000 per voyage.
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Ship buys ‘on the horizon’ for Pyxis Tankers after fall in values, CEO says

Tradewinds 14 Mar 2025
... vessel values to grow the fleet in the near future.
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Trinidad police seize drugs worth millions of dollars onboard vessel bound for St Martin - Jamaica Observer

Jamaica Observer 14 Mar 2025
... over 180 kilogrammes of cocaine with an estimated street value of TT$250 million (One TT dollar=US$.016 cents) from a vessel bound for St Martin.

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