Latest News for: Vessel values

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Hanwha Ocean joins GCMD as Strategic Partner

The Maritime Executive 22 Oct 2024
An affiliate of Hanwha Group, Hanwha Ocean is committed to building the green energy value chain ... Complementary roles in the ammonia value chain. Hanwha Ocean and GCMD play complementary roles to support the ammonia value chain for the maritime sector.
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Hanwha Ocean Joins GCMD on Ammonia and Carbon Capture

MarineLink 21 Oct 2024
Hanwha Ocean and GCMD play complementary roles in supporting the maritime ammonia value chain ... This paves the way for assessing the feasibility of ammonia bunkering in multiple ports when ammonia-fueled vessels become available.
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South Korean shipbuilder and GCMD unite over decarbonisation

SAFETY4SEA 21 Oct 2024
Hanwha Ocean and GCMD play complementary roles in addressing different parts of the value chain, whether in enabling ammonia as a marine fuel or further closing gaps in the onboard carbon capture value chain.�.
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Kendrick Lamar, after releasing ruthless ‘Not Like Us,’ says he’s not ‘an angry person’

The Los Angeles Times 21 Oct 2024
... allowing them to hear these stories and hear these experiences and catch up to them,' he said, adding he values more communication 'with people in general.' 'Music is just a vessel to get me there.' .
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Op-Ed: Legacy Pollution in Union Bay is Not Linked to Working Waterfront

The Maritime Executive 20 Oct 2024
Today, Deep Water Recovery (DWR), a company specializing in the recycling of steel vessels, is facing scrutiny from provincial regulators – but there is well-documented evidence pointing to the area’s long history of contamination.
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Greek shipowners go on multi-billion order spree

SAFETY4SEA 18 Oct 2024
The report adds that offshore values for five-year-old, large anchor handling tug supply (AHTS) vessels, which are used to anchor and secure oil and gas platforms have spiked by ~97% since 2021. Platform supply vessels (PSV’s) have spiked by 67%.
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Santova expects first-half earnings to fall as much as 20%

Business Day 18 Oct 2024
Business Day reported in June that Santova, which is valued at R934m on the JSE, was scrambling to secure vessel space for clients amid a global rise in freight rates, which it is banking on to change its fortunes after its “four lost years” ... .
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d’Amico exercises option to buy another product tanker at a discount

Splash24/7 17 Oct 2024
The company added that the price of the vessel, which has been with d’Amico since 2018, is around 26% below its current market value.
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Op Naga: 598 Foreign Fishing Vessels Detained From May 2019 To September 2024

Malaysian National News Agency 17 Oct 2024
He noted that 75 per cent of the arrests involved 451 Vietnamese fishing vessels, with 4,391 crew members apprehended, resulting in seizures valued at ...
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AHTS newbuild prices double in the space of just three years

Splash24/7 17 Oct 2024
Offshore values for five-year-old, large anchor handling tug supply (AHTS) vessels have spiked by 97% since 2021, according to data from VesselsValue. Platform supply vessels (PSVs) have spiked by 67%.
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PNS ZULFIQUAR seizes 1.3 tons of narcotics during focused operation Himalayan Spirit

Urdu Point 17 Oct 2024
Information regarding suspicious boats was regularly exchanged among the participating units, leading to the interdiction of a vessel by PNS ZULFIQUAR, which was found carrying 1.3 tons of Hashish, ...
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Greek Shipowners Betting Billions on Gas

MarineLink 16 Oct 2024
The report adds that offshore values for five-year-old, large anchor handling tug supply (AHTS) vessels, which are used to anchor and secure oil and gas platforms have spiked by some 97% since 2021. Platform supply vessels (PSV) have spiked by 67%.
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CDO port now connects to HK, Taiwan

Manila Bulletin 15 Oct 2024
He added that, “As we continue to grow and expand our network, we’re confident that this new service will bring greater value to the region’s agricultural sector and foster economic growth.”.
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BERG Propulsion OpWind� to Optimize Operations for Sail & Engine Combustion

The Maritime Executive 14 Oct 2024
... to compare detailed theoretical information and calculations about operating with propellers and sails against measured values on-board the vessel, said Chief Technology Officer Emil Cerdier.
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Alaska’s seafood industry lost $1.8 billion last year, NOAA report says

Yahoo Daily News 14 Oct 2024
For harvesters, lower dockside prices, higher costs and reduced catches resulted in a $617 million decline from 2022 to 2023 in payments for fish delivered from their vessels, a first payment known as ex-vessel value.

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Russian President Vladimir Putin, right, and Indian Prime Minister Narendra Modi shake hands during their meeting on the sidelines of BRICS Summit at Kazan Kremlin in Kazan, Russia, Tuesday, Oct. 22, 2024
AP / /Alexander Zemlianichenko, Pool
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