Latest News for: Vessel values

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Moment US Coast Guard swoop and intercept suspected drug smugglers

The Daily Mail 20 Nov 2024
The crew offloaded more than 29,000 pounds of cocaine in San Diego on Tuesday - an estimated value of $335.8 million - as a result of eleven separate suspected drug smuggling vessel interceptions off ...
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‘The deal sucks’: MPs question Tauranga marine precinct sale

RNZ 20 Nov 2024
The 2.98-hectare precinct, also known as Vessel Works, was valued at $18.63m and $19.24m by different valuers ... An agreed value of $110,000 for the hardstand and $250,000 for the Vessel Works plant and ...
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Zentech Asset Integrity Management Solution Given Tier 2 PDA Certification

The Maritime Executive 19 Nov 2024
ZAIMSTM has been awarded this PDA in accordance with the ABS Guide for Smart Functions for Marine Vessels and Offshore Units ... “We have been providing ZAIMSTM to marine vessels and offshore unit operators for over 15 years.
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Green Era Shipping orders dozen bulkers from China

Splash24/7 19 Nov 2024
According to available data, all shipyards in Fujian exported 159 vessels by October 31 ... The total value of the exported ships stands at ...
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Trash gas to green gold: MIT spinout turns old engines into methane munchers 

Interesting Engineering 19 Nov 2024
Green methanol also serves as a key feedstock for producing high-value chemicals like sustainable aviation fuel. According to the firm, with many shipping vessels already converting to green methanol ...
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India Rolls Out Subsidies and Preferential Financing for its Shipyards

The Maritime Executive 18 Nov 2024
The proposed incentives are primarily focused on encouraging the development of fuel-efficient and technologically advanced vessels ... So far, 135 vessels have been delivered ... highly specialized vessels.
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Spanish Police Seize Fishing Vessel With Four Tonnes of Cocaine

The Maritime Executive 18 Nov 2024
Spain's National Police have intercepted a fishing vessel carrying a large consignment of cocaine in the Atlantic, about 500 nautical miles northwest of the Canary Islands ... Drug Enforcement Agency (DEA) to identify and intercept the vessel.
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MISC sounds alarm on LNG shipping asset values as weak market bites

Tradewinds 14 Nov 2024
Malaysia’s MISC sees the current ...
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Stakeholders Across Maritime Value Chain Align to Accelerate Adoption of Zero-Emission Fuels by 2030 for ...

Hellenic Shipping News Worldwide 14 Nov 2024
More than 50 leaders across the spectrum of the shipping value chain ...
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Electric tug achieves world record for its power

SAFETY4SEA 13 Nov 2024
The record was set by measuring the tugboat’s high peak value strength by bollard pull, demonstrating unprecedented performance for an all-electric vessel ... vessels due to lower maintenance expenditure.
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Hanwha Ocean Wins Second Repair Contract for USN Support Ship

The Maritime Executive 12 Nov 2024
(HD Hyundai’s overall orders for all its shipyards were reported last week at 175 vessels valued at $19.5 billion in 2024.) Hanwha said it has more than doubled its orders versus 2023 when it ...
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Bunker Fuel Market to Reach USD 158.34 Billion by 2031, Growing at 4.32% CAGR | ...

GetNews 12 Nov 2024
Key Questions Answered in Global Bunker Fuel Market Report What is the projected market value of the market by 2031? Why are tanker vessels dominating the global bunker fuel market? Which fuel type is ...
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Norden could sell more vessels to cut share valuation gap, says Clarksons

Tradewinds 12 Nov 2024
... by selling vessels, according to Clarksons Securities.
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Hanwha Ocean wins $510.9 mil. deal to set record-high order value

Korea Times 11 Nov 2024
The 174,000-ton vessels will be built at Hanwha Ocean's shipyard in Geoje on the southern coast and delivered to Maran Gas Maritime, a gas shipping unit of Angelicoussis Shipping Group of Greece, by December 2027, according to the company.
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56 Chinese cultural relics returned from Italy

Dawn 11 Nov 2024
Experts say the artifacts are from China’s Gansu, Qinghai and Shaanxi provinces with high historical, artistic and scientific value. Among them the Majiatao pottery vessels can help unveil the origins ...

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