bound4blue reports it has been selected to install a 22-meter-high eSAIL on board the newbuild multipurpose cargo vessel Na Pae E Hiro, helping shipowner SNA TUHA’A PAE (SNA) reduce energy consumption by 10%. Launching in 2026, the trailblazing…
bound4blue to Install Its eSAIL on Cargo Vessel Newbuild Read More »
The United Arab Emirates’ Abu Dhabi National Oil Company (ADNOC) has taken delivery of ADNOC MD 01, the first in a series of two new dive support vessels.The aluminum catamaran was designed by Canadian naval architects Robert Allan Ltd. and…
New Dive Support Vessel Delivered to ADNOC Read More »
Chevron is sending cargoes of Kazakhstan’s CPC Blend oil to Asia around Africa’s Cape of Good Hope rather than via the Red Sea to avoid the risk of attacks by Yemen’s Houthis, according to three industry sources and LSEG ship-tracking data.The…
Chevron Reroutes Kazakh Oil to Asia Around Africa Read More »
A lack of vintage tonnage on offer, is the reason behind the weakness of the ship recycling market. In its latest weekly analysis, Best Oasis (www.best-oasis.com), one of the leading cash buyer of ships, said that “we observed this week that India̵…
Lack of Tonnage Still Plaguing Most Ship Recycling Markets Read More »
The Red Sea crisis has seen ocean freight rates increase faster than the early months of the Covid-19 pandemic as swathes of shippers are told some of their contracts will not be honored. Xeneta, the leading ocean freight rate benchmarking and intellig…