Vessel Values

Wednesday, 27 September 2023

Latest News for: Vessel values

Edit

Suspected cocaine worth 157 million euro found in Ireland’s biggest drug seizure

AOL 27 Sep 2023

A total of 2,253 kilogrammes of suspected cocaine with a street value of 157 million euro has been seized from a cargo vessel off the south-east coast of Ireland ... The agencies said the seized MV Matthew is a Panamanian-registered bulk cargo vessel originating in South America.

Edit

Equinor gives go-ahead for $3.8bn investment in Rosebank offshore oil field

Splash24/7 27 Sep 2023

The field will be developed with subsea wells tied back to a redeployed floating production storage and offloading vessel (FPSO), with start-up planned in 2026-2027 ... TechnipFMC has been awarded an iEPCI contract for subsea production systems, umbilicals, risers and flowlines with an estimated value of around $500m for the local content part.

Edit

Cocaine ‘mothership’ seizure now estimated at €156million as Kinahan link probed

Irish Independent 27 Sep 2023

The value of the huge ...

Edit

Cocaine worth €157m found on ‘mothership’ as Kinahan link probed

Irish Independent 27 Sep 2023

The value of the huge ...

Edit

Cocaine worth £136m found on ‘mothership’ off Irish coast as Kinahan link probed

Belfast Telegraph 27 Sep 2023

The value of the huge ...

Edit

Enova grants Viridis $14m in funding for ammonia-powered bulker duo

Splash24/7 26 Sep 2023

The two ammonia-powered bulkers, designed by Kongsberg Maritime, will have a similar sailing range as the current fleet of short-sea bulk vessels and will maintain the crew and societal safety at the level of conventional vessels ... by the time the vessels start operations.

Edit

Large quantity of drugs found on board container vessel off Cork coast

The Irish Times 26 Sep 2023

Large container vessel impounded off Cork coast just 24 hours after trawler runs aground off Wexford. A cargo vessel named MV Matthew is escorted into Cobh in Co Cork by the Irish Navy after a 'significant quantity' of suspected drugs were found onboard ... While the value of the ...

Edit

Peta Murgatroyd and Maksim Chmerkovskiy Dish on 'Dancing with the Stars' Host, Future of Show ...

The Post and Courier 26 Sep 2023

For me, cards were a glorified vessel for cash, it could have been just an envelope really, for me. Peta did teach me the value of personalizing and writing messages ... And so, for me, that’s the value here, is that somewhere that I go, they don’t just enjoy my company, they also ...

Edit

Tidewater Engages Caterpillar for Global Fleet Management

The Maritime Executive 25 Sep 2023

(Tidewater), a global leader in the offshore support vessel (OSV) industry, announced today the execution of a Global Value Agreement (GVA) for Tidewater’s worldwide footprint of vessels that support the offshore energy industry ... Cat engines, increasing vessel uptime.

Edit

Pyxis Tankers gets $40.7m from US buyer for eight-year-old MR2

Splash24/7 22 Sep 2023

“On completion of this latest asset disposition, our substantial cash position and low leverage will further increase our operating and financial flexibility to potentially pursue additional vessel purchases as well as other corporate and strategic initiatives that should enhance shareholder value,” added Valentis.

Edit

BOC seizes P5.8M smuggled fuel in Zamboanga City

Manila Bulletin 21 Sep 2023

Seized from the vessel were 89,600 liters of Diesel Fuel worth approximately P5.8 million, and the vessel itself has an estimated value of P3 million ... “The vessel and its cargo are now under the custody of the BOC for the conduct of seizure and forfeiture proceeding for violating ...

Edit

Shipping, Ports and Logistics Enable Shift to Sustainable Energy

The Maritime Executive 21 Sep 2023

As the maritime industry looks ahead and dives deeper into the complexities of the three value chains – production, storage and consumption – it becomes clear that shipping is more than a spectator in the global green energy revolution ... Conversely, new, compliant ships might see a relative increase in market value.

Edit

Don’t get caught out by fraud and never let crime pay, says IUMI

Tanker Operator 21 Sep 2023

It was reported that the vessel was under attack by Somali pirates off Aden who (it was said) had fired rocket-propelled grenades into the vessel causing a fire in the accommodation block ... Although the vessel was purchased for US$46 million, its value in June 2011 was only US$13.5 million but it had been insured for US$77 million.

Edit

Positive Year for Hull Underwriters but Change is on the Horizon, Says IUMI

The Maritime Executive 20 Sep 2023

This was largely due to a combination of growing activity, increased vessel values and reduced market capacity ... From an underwriting perspective, inflation has not only been applicable to vessel repairs and claims but also to general office overheads ... This will increase the value of the global fleet and, consequently, the level of risk to be covered.

Edit

IUMI presents trends and threats in the maritime industry

SAFETY4SEA 20 Sep 2023

This was largely due to a combination of growing activity, increased vessel values and reduced market capacity ... Ilias Tsakiris also added that from an underwriting perspective, inflation has not only been applicable to vessel repairs and claims but also to general office overheads ... Inflation and its impact on asset values was also a factor.