Latest News for: Vessel values

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China makes waves in cruise ship sector

China Daily 19 Oct 2021
The cruise vessel production has entered into the second half," said Zhou Qi, vice-general manager of Waigaoqiao, a unit of the world's largest shipbuilder-China State Shipbuilding Corp ... It is the only high value-added vessel type that China has yet to accomplish in construction.
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Diana Shipping to spin off three older bulkers

Splash24/7 19 Oct 2021
Management of Diana Shipping believes that the distribution of a separate, publicly-traded dry bulk company focusing on older vessels with shorter duration charters will further enhance shareholder value by providing greater exposure to the shorter-term charter market ...
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Klaveness Combination Carriers offloads its oldest ship

Splash24/7 18 Oct 2021
KCC said that secondhand values for older panamax dry bulk vessels have increased by around 150% to date in 2021 and that the sale will generate a profit of $6.5m and a net cash effect of $10.6m, recognised in the fourth quarter ...
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Spanish Police Seize Largest-Ever Cocaine Haul From a Sailing Vessel

The Maritime Executive 18 Oct 2021
Another group of entrepreneurs has long recognized the value of sail transport for one of the most luxurious artisanal cargoes of all ... of a sailing vessel ... Upon a search, the police discovered 183 bales of cocaine with an estimated combined weight of 5.2 tonnes aboard the vessel.
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Five-nation defence pact fulfils S'pore's needs, can be stabilising force in region: Ng Eng Hen

Straits Times 18 Oct 2021
He was fielding questions from the press at Marina Barrage after observing a flypast and naval vessel display put up by the FPDA's five member nations ... Having annual activities, all the way through the year, reasons to discuss issues together - that is something that we hugely value.".
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ABS and Kongsberg Digital Integrate Digital Products

The Maritime Executive 15 Oct 2021
Kongsberg Digital’s Vessel Insight ... By combining ABS’ unique data integration and analytics platform with the Vessel Insight data capturing infrastructure, we are strengthening our position to offer an even better integrated service of high value for the industry.
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ABS and Kongsberg Digital Join on Digitalization and Decarbonization

The Maritime Executive 15 Oct 2021
Kongsberg Digital’s Vessel Insight ... By combining ABS’ unique data integration and analytics platform with the Vessel Insight data capturing infrastructure, we are strengthening our position to offer an even better integrated service of high value for the industry.
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7 Best Boat Insurance Companies of 2021

Ravalli Republic 14 Oct 2021
Agreed Hull Value or Actual Cash Value reimbursement, Liability, Medical payments, Salvage, Wreckage removalA.M ... Coverage is also available for captained vessels of 70 feet or longer and valued at $3 million and up ... If insuring a used boat, underwriters might require a marine survey to determine your vessel’s overall value and condition.
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Log-In Logistica books boxship pair at Zhoushan Changhong

Splash24/7 14 Oct 2021
The future arrival of new vessels is in line with the company’s strategic planning, reiterating the values of safety, operational excellence and care for the environment while providing integrated ...
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NORDEN capitalises on rising dry cargo asset values

Dry Bulk 12 Oct 2021
NORDEN’s Asset Management division – which handles buying, selling, and leasing of dry cargo and product tanker vessels – is capitalising on rising asset values in the dry cargo market through vessel sales ... the added market value to profit through vessels sales.
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Norden cashes in on rising bulker values

Splash24/7 12 Oct 2021
Since the start of the year, bulk carrier prices have increased by around 80%, which by the end of Q2 had resulted in a rise of more than $350m in the market value of Norden’s portfolio of owned and leased vessels ... included both panamax and supramax vessels.
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ABB Launches AI-Based Consumption Analytics Software

Power Technology 11 Oct 2021
Additionally, using analytics across different processes and sites, as well as cutting across functions, can increase the value of the data. Deeper insights into a vessel’s operating data, aided by AI and analytics offered by ABB Ability Genix, can result in up to 10% fuel savings, lowering costs and emissions, as per the company.
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Understanding the surge in container freight rates

The Jakarta Post 11 Oct 2021
Container vessels are the dominant contributors, owning a whopping 60 percent of all seaborne trade in terms of value. Disruptions in the container industry might affect global trade as a whole ... .
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