Latest News for: Vessel values

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Shipping industry urges Red Sea action as Houthis sink second vessel

The New Arab 19 Jun 2024
Insurance industry sources said that additional war risk premiums, paid when vessels sail through the Red Sea, had hovered close to 0.7 percent of the value of a ship in recent days from around one percent earlier this year.
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Two parties collaborate on maritime energy efficiency initiative

SAFETY4SEA 19 Jun 2024
A key aspect of this collaboration is the involvement of Vessel Performance Solutions ApS (VPS), which will monitor on all the installation of technical solutions to measure the efficiency savings from the installed EET using real time data.
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Addressing operational efficiency, port congestion in SA ports: a factual analysis of the World Bank’s ...

Independent online (SA) 18 Jun 2024
Furthermore, as the WB concedes, values are imputed when combinations of port calls and vessel call sizes are missing ... Nevertheless, using a vessel’s stay duration as the sole measure of container port ...
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U.S. Court Refuses Request to Auction Off Seized Russian Yacht

The Maritime Executive 17 Jun 2024
government will continue to pay millions of dollars a year for the vessel's upkeep until the case is concluded. The vessel at the center of the case is the Amadea, a 350-foot megayacht valued at an estimated $300 million.
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Jan De Nul Group signs contract for next-gen hybrid dredger

SAFETY4SEA 17 Jun 2024
The vessel is a plug-in hybrid specifically designed to operate in small harbours. As informed, with its 79 meters hull length, the new vessel will be the smallest of Jan De Nul Group’s hopper fleet ... Another added value to our versatile fleet.
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Oil executive in court battle over blaze which sank classic yacht

The Times/The Sunday Times 17 Jun 2024
The oak-framed vintage vessel, which had teak interior fittings and sleeping quarters for 11, was valued in 2016 at £1.4 million and was being chartered for about £17,000 a week at the time it sank ... UK ... .
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Decarbonization in shipping and the adoption of alternative fuels

SAFETY4SEA 17 Jun 2024
Moreover, the value chain is undergoing a paradigm shift, with charterers seeking vessels with robust environmental credentials to align with their sustainability objectives ... type of vessel and fuel.
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A scientific mission to save the sharks

Popular Science 15 Jun 2024
The commercial value of these cartilaginous appendages is so great that fishers won’t waste space in the bilges of vessels by keeping the entire fish.
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Jan De Nul Orders Plug-in Hybrid Hopper Dredge

MarineLink 14 Jun 2024
The vessel is a plug-in hybrid specifically designed to operate in small harbors. With its 79 meters hull length, the new vessel will be the smallest of Jan De Nul Group’s hopper fleet ... Another added value to our versatile fleet.”.
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Kongsberg Maritime Gains Approval to Move Chief Engineer Role to Shore

MarineLink 14 Jun 2024
The move will enable the role of Chief Engineer to be located in a Remote Operations Centre (ROC), where the duties can be carried out from a desk-based workstation, instead of onboard a vessel.
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Hefring Marine & Loodswezen Forge Partnership to Navigate the Dutch Seas

The Maritime Executive 14 Jun 2024
With more than 90,000 vessel trips made per year, safety and efficiency are at the forefront of companies core values, making their vessels the perfect contenders for IMAS technology that Hefring Marine has to offer.
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Court denies US request to sell yacht it says belongs to sanctioned Russian oligarch

Voa News 14 Jun 2024
The luxury vessel, with an estimated value of $230 million, is at the center of a legal battle over the enforcement of U.S ... government requested permission to sell the vessel and convert its value into cash.
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Colombia and Sweden Sign Agreement Aboard the ARC Gloria

Colombia One 14 Jun 2024
The ARC Gloria is a ceremonial vessel and training ship of the Colombian navy. According to its captain, Cesar Iregui, the ARC Gloria represents Colombia’s message of peace and friendship to the world, symbolizing the country’s values.
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Red Sea Diversions Are Causing Port Congestion in Singapore

The Maritime Executive 14 Jun 2024
Vessels normally assigned ... Each diversion adds about $1 million in fuel costs and 1-2 weeks of voyage time, but saves the shipowner up to one percent of the vessel's value in war risk insurance costs.
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Electrical Integration Design Engineer

The Engineer 14 Jun 2024
This role will offer you the opportunity to be part of and help shape the future support of world class vessels, driving through best value for the Customer, combining innovative ideas with technical experience.

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