Latest News for: Vessel values

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Tugboats Market growth accelerating at 13.61% CAGR | APAC to occupy 37% market share| Technavio

Victoria Advocate 30 Jun 2022
Market Dynamics ... Competitive Analysis ... The market is characterized by its capital-intensive nature because of the need for the vessels to incorporate advanced technologies. The key differentiating element in this market is the value-added services provided by the companies ... Market characteristics2.2 Value chain analysisExhibit 03. Value Chain Analysis.
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Nordic American Tankers Ltd (NYSE: NAT) – Two suezmax newbuildings delivered and two long term ...

Eagle-Tribune 29 Jun 2022
Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel ...
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Samsung Sets New Record as Large Crude Oil Carrier Berths in Lagos

This Day 28 Jun 2022
But the beauty of our yard is that it is highly scalable, which means that it is not only optimized for world-class, ultra-large and high value-added projects, but also is designed to service and maintain vessels of any size.’ Kim explained.
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Bulker's Captain and Officer Fined for Sailing Near Great Barrier Reef

The Maritime Executive 28 Jun 2022
Major shipping incidents can have catastrophic consequences for the environmental, cultural, and economic values of the Great Barrier Reef, and vessel operators who flout the laws will be held to account,” said Josh Thomas, Chief Executive Officer for the Great Barrier Reef Marine Park Authority.
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Lee Wenner Park Boat Ramps in Cocoa Village Back Open After $500,000 Redevelopment

Space Coast Daily 28 Jun 2022
The project included dredging of the boat ramps to allow for larger vessels to access the basin ... The project included dredging of the boat ramps to allow for larger vessels to access the basin. The FIND grants valued at over $500,000 included a match from the City of Cocoa in ...
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With Market Size Valued at $13.3 Billion by 2026, it`s a Healthy Outlook for the ...

Longview News-Journal 28 Jun 2022
Global Naval Vessels MRO Market to Reach $13.3 Billion by 2026 ... The Naval Vessels MRO market in the U.S ... View original content to download multimedia.https.//www.prnewswire.com/news-releases/with-market-size-valued-at-13-3-billion-by-2026--its-a-healthy-outlook-for-the-global-naval-vessels-mro-market-301575932.html.
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Master and first officer of Korean bulker fined for sailing through Great Barrier Reef

Splash24/7 28 Jun 2022
Major shipping incidents can have catastrophic consequences for the environmental, cultural and economic values of the Great Barrier Reef, and vessel operators who flout the laws will be held to account,” said Thomas ... The 2005-built Sea Coen is owned by South Korea’s SW Shipping and operated by compatriot Polaris Shipping. .
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Fleet changes at Taylor Maritime Investments

Splash24/7 27 Jun 2022
... 2009-built handysize vessel for $17.2m ... The vessel’s value has increased by more than 10% over the sale price since late March and the ship has ​now been fixed on a one-year charter at a yield in excess of 40%.
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Samsung Sets New Record as Very Large Crude Oil Carrier Berths in Lagos

This Day 27 Jun 2022
But the beauty of our yard is that it is highly scalable, which means that it is not only optimized for world-class, ultra-large and high value-added projects, but also is designed to service and maintain vessels of any size.’ Kim explained.
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Value Maritime to Install Carbon Capture on Two X-Press Feeders Ships

The Maritime Executive 26 Jun 2022
Value Maritime has been awarded the contract for the two vessels by Eastaway, a member of the X-Press Feeders Group ... The two vessels will be outfitted with Value Maritime's Carbon Capture Module and CO2 Battery to capture and store CO2 on board ... In 2021, Value Maritime’s ...
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MacGregor Recieves Significant Repeat RoRo Equipment Order for PCTCs

The Maritime Executive 26 Jun 2022
This will extend Höegh Autoliners’ Aurora class newbuilding programme to eight vessels, all of which will be built by China Merchant Heavy Industries (Jiangsu) Co., Ltd. The order, with a value of more than USD 15 million, was booked into Cargotec’s 2022 second quarter orders received.
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A Russian oligarch's seized $75 million superyacht will be first up for auction, report says

Business Insider 26 Jun 2022
The vessel was reportedly on its way to Turkey where many others found a safe haven ... In most cases, authorities cannot sell a seized superyacht without going through legal battles, saddling them with running and maintenance costs that can amount to between 10% and 15% of the vessel's value a year.
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Local citizens split over Roe v. Wade

Decatur Daily 26 Jun 2022
Some local residents said the overturning of Roe v ... “I feel like you should have a choice," said Tonya James, 26, of Decatur ... The U.S ... The end of abortions was welcomed by many in the state ... "It would be totally different ... "We have clearly been told by an extreme minority of Americans that women hold no value except to serve as a vessel for fetuses.” ... .
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Coast Guard Cutter Steadfast returns home after 55-day counter narcotics patrol

The News Guard 25 Jun 2022
The crew of the Steadfast also worked with Mexican law enforcement assets on two occasions, to locate, track, and interdict fast-moving drug smuggling vessels, resulting in the seizure of 2,747 kilograms of cocaine by Mexican authorities, valued at $109 million ... Steadfast approached the vessel to investigate and determine the nature of distress.
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Years After MLC's Passage, Seafarer Abandonment Persists at High Rate

The Maritime Executive 24 Jun 2022
RightShip's records show that as of the end of May, there are fully 247 vessels abandoned at ports worldwide and over 3,600 seafarers awaiting repatriation ... Perhaps unsurprisingly, vessels at the end of their commercial lifespan - when ships have the highest maintenance costs and lowest resale value - are the most likely to be abandoned.

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