Latest News for: Vessel values

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The Dali & Ever Given: General Average and Salvage in Ocean Freight

The Maritime Executive 21 Apr 2024
Another seminal incident was the grounding of the large container vessel Ever Given within the Suez Canal while transiting the Suez Canal on March 23, 2021, lodging herself against both banks of the waterway.
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Hot take on wifi cold spots

Splash24/7 21 Apr 2024
The owners who know the costs but also the value of every part of their operations, who ... We can see the impact of doing good reflected in the market value of the vessel, and that has to be progress.
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Singapore’s FSL Trust could sell product tankers as charters expire

Tradewinds 19 Apr 2024
... vessels would provide better value for unitholders.
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Veson Nautical: Red Sea disruption is pushing up container values

SAFETY4SEA 18 Apr 2024
However, since January 2024, values have taken a turn in the opposite direction and older vessels have shown the most strength, with values for 20 year old Handy Containers of 1,750 TEU up by as much ...
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FRP Vessels Market Advanced Technology And New Innovations By 2027 Palmer, Link Engineers

MENA FN 18 Apr 2024
(MENAFN - EIN Presswire) FRP Vessels Market 1WILMINGTON, DE , UNITED STATES, April 18, 2024 /EINPresswire / -- The global FRP vessels market size was valued at $1.1 billion in 2019, and is ... .
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A company is turning former cruise ships into floating hotels — see inside its largest 'floatel'

Business Insider 17 Apr 2024
Other vessels find a more fortunate fate, receiving a second chance to do what they already do best ... The company also charters vessels long-term ... And once they are no longer needed, the vessels depart and "leave no trace behind," the company said.
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NTSB investigations in the spotlight with Dali bridge collision

Seatrade Maritime News 17 Apr 2024
... their liability to just under $44 million - the value of the vessel post-allision (reflecting likely salvage and repair costs) plus freight receivable, citing legislation enacted in the 1850s.
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Shipbuilder Hyundai Enters European Wind Market with Agreement in Scotland

The Maritime Executive 17 Apr 2024
The UK has been at the forefront of the development of offshore renewable energy ... HD Korea Shipbuilding & Offshore Engineering (KSOE), the shipbuilding parent company, reports it three yards booked orders for 86 vessels valued at nearly $10 billion.
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Weekly Vessel Valuations Report, April 16 2024

Hellenic Shipping News Worldwide 16 Apr 2024
Capesize values decline slightly after strong firming in Q1, ...
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Steve Kunzer: Why Lila Global is ‘sitting in its money’ amid plans for 70 ship fleet

Tradewinds 16 Apr 2024
... high vessel values in the strong bulker and tanker markets.
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Fincantieri and U.S. Navy Lay Keel of First Constellation Frigate

The Maritime Executive 16 Apr 2024
Hundreds of FMM shipbuilders gathered with guests inside the shipyard’s massive new climate-controlled Building 34, where large portions of a ship are connected and the vessel is erected.
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'This was preventable': Ship had 'electrical issues' in port before hitting US bridge

NewstalkZB 16 Apr 2024
It estimates the vessel itself is valued at up to US$90m and was owed over US$1.1m in income from freight ... them to seek to limit their liability to the value of the vessel’s remains after a casualty.
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Source: Ship that caused bridge collapse had problems while still docked

The Day 16 Apr 2024
It estimates that the vessel itself is valued at up to $90 million and was owed over $1.1 million in income from freight ... to limit their liability to the value of the vessel’s remains after a casualty.
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How is the Red Sea crisis affecting British companies?

This is Money 16 Apr 2024
Insurance risk premiums have also surged, from under 0.1 per cent of a vessel's value in mid-December to 0.7 and 1 per cent by early February, as the United Nations Conference on Trade and Development ...
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