Vessel Values

Wednesday, 24 April 2024

Latest News for: Vessel values

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MOL Plans First Japanese Installation of Carbon Capture/Scrubber System

The Maritime Executive 23 Apr 2024

The system, which is being supplied by the Netherlands-based Value Maritime, will be the first commercial installation of a CO2 capture system on a Japanese vessel as well as the first LR1 tanker and largest vessel to employ the Filtree System.

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MOL adopts onboard CO2 capture technology

The Manila Times 23 Apr 2024

The Filtree System is a technology that separates and captures CO2 emitted from the vessel ... MOL and VM will continue working toward realizing a carbon-neutral society by reducing GHG emissions from vessels and building a CO2 capture value chain.

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Value Maritime and MOL Team Up to Capture Carbon Together

The Maritime Executive 23 Apr 2024

With a deadweight (DWT) of 75,000, this is the largest vessel, in terms of DWT, and the first LR1 tanker that will sail with a Value Maritime Filtree and Carbon Capture unit.

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Cocaine worth R15m seized from South American ship at Richards Bay port

Business Day 23 Apr 2024

... on Monday at Richards Bay port of entry from a vessel travelling from Colombia ... A search was conducted on arrival of the vessel and blocks of cocaine to the street value of R15m were found,” he said.

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City of Baltimore hits back at Dali owners

Seatrade Maritime News 23 Apr 2024

“Grace Ocean Private Limited and Synergy Marine Pte Ltd saw fit to put a clearly unseaworthy vessel into the water ... Alarms were set off on the vessel’s refrigerated containers as the Dali wad experiencing inconsistent power supply to the reefers.

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Dali ship that wrecked Baltimore bridge was 'unseaworthy' before it left port, city claims

Usatoday 23 Apr 2024

... maintain, equip and inspect the vessel ... That law allows a ship’s owner to limit its liability to the value of the vessel and its cargo when the losses were result of a situation beyond its control.

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Baltimore Alleges Negligence, Maintenance, and Crew Issues in Legal Filing

The Maritime Executive 23 Apr 2024

... and improperly navigated the vessel ... They told the court in their filing that the vessel is valued at $90 million plus it will receive more than $1 million in revenue from the container cargo aboard.

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Baltimore claims Dali was 'unseaworthy,' accuses owners of negligence in bridge collapse

The Hill 23 Apr 2024

... fit to put a clearly unseaworthy vessel into the water," the attorneys wrote ... The vessel is valued at up to $90 million and was owed more than $1.1 million in income from the freight, per the filings.

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Baltimore sues owner and operator of Dali cargo ship that crashed into Francis Scott Key bridge...

The Daily Mail 23 Apr 2024

... claiming the vessel was 'unseaworthy' when it left port ... The petition cites a pre-Civil War protection that means their liability can be capped at the value of the vessel's remains after a casualty.

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South African police confiscate large quantity of cocaine

The Star 23 Apr 2024

... a street value of 15 million rand (about 785,000 U.S.

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Baltimore leaders accuse ship’s owner and manager of negligence in Key Bridge collapse

Daily Press 23 Apr 2024

owns the Dali, the vessel that veered off course and slammed into the bridge ... The petition estimates that the vessel itself is valued at up to $90 million and was owed over $1.1 million in income from freight.

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Baltimore leaders blame ship owner, manager for Key Bridge collapse

WPTV 23 Apr 2024

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Electrical Integration Design Engineer

The Engineer 23 Apr 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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Baltimore leaders accuse ship's owner and manager of negligence in Key Bridge collapse

Newsday 23 Apr 2024

Singapore-based Grace Ocean Private Ltd. owns the Dali, the vessel that veered off course and slammed into the bridge ... The petition estimates that the vessel itself is valued at up to $90 million and was owed over $1.1 million in income from freight.

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Imoto Lines a Marindows New Next-Gen Zero-Emission Container Ship Project

The Maritime Executive 22 Apr 2024

Next-generation advanced vessels currently under development and introduction are not only expensive but also technologically nascent, carrying the risk of future technology obsolescence (devaluation of vessel value).