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POSH bolsters fleet with Boa construction vessel purchase

Splash24/7 18 Aug 2022
PACC Offshore Services Holdings (POSH) is expanding its fleet with the acquisition of a multipurpose offshore construction vessel from Norway’s BOA Offshore. The Singapore-based offshore marine solutions specialist has snapped up the 2004-built OCV Boa Deep C for an undisclosed sum.
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Northern Lights CO2 carriers set for rotor sail treatment

Splash24/7 18 Aug 2022
The two newbuilds will each be equipped with one 28x4m Norsepower rotor sail, which, according to the company’s estimates, will reduce the fuel and CO2 emissions from each vessel by around 5% ... “The industry is transforming quickly and newbuild vessels are being built today to operate efficiently ahead of 2050.
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Oil companies work around Jones Act to supply U.S. fuel markets

FX Empire 18 Aug 2022
ports to be carried by ships built domestically and staffed by U.S ... There is a limited quantity of those vessels, which raises the cost of those shipments. Since March, at least eight vessels have transported gasoline components ... The majority of the vessels were chartered by BP Plc.
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Maersk and Debo Energy ink green methanol fuel supply agreement

Seatrade Maritime News 18 Aug 2022
Related. Maersk among Singapore e-methanol plant partnership founders ... In 2024, Maersk will introduce the first in a series of its large ocean-going container vessels capable of being operated on carbon neutral methanol built by Hyundai Heavy Industries. Related. Maersk orders methanol fuelled containership from Hyundai Mipo ... TAGS ... .
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China terms docking of Yuan Wang 5 ship at Hambantota port as normal exchange

Beijing News 17 Aug 2022
The vessel is capable of tracking satellites and intercontinental missiles. The scientific research vessel docked at the Hambantota port on Tuesday morning local time ... Designated as a research and survey vessel, Yuan Wang 5 was built in 2007 and has a carrying capacity of 11,000 tonnes.
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‘Normal exchange’: China on ‘spy’ ship Yuan Wang 5 docking at Sri Lanka port

DNA India 17 Aug 2022
Designated as a research and survey vessel, Yuan Wang 5 was built in 2007 and has a carrying capacity of 11,000 tonnes.India had expressed its security concerns over the docking of the vessel at the Sri Lankan port as it was shown as a research vessel with the capability of ...
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Fredriksen’s SFL snaps up modern suezmaxes

Splash24/7 17 Aug 2022
The vessels should deliver between August and October and come with long-term time charters attached to a subsidiary of Koch Industries. The vessels were built in 2015 and 2020, respectively, and all four are said to have modern eco-design features, including exhaust gas cleaning systems.
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SFL Acquires Four Suexmax Tankers Saying Segment is Attractive

The Maritime Executive 17 Aug 2022
Few details were provided in the announcement of the acquisition including not identifying the seller or the individual vessels. The company said the four Suezmax tankers were built in 2015 and 2020. They expect to take delivery of the vessels between August and October of this year.
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Algoma Expands to Europe for Product Tankers in JV with Furetank

The Maritime Executive 17 Aug 2022
The vessels will be constructed at China Merchants Jinling Shipyard in Yangzhou, China, with delivery expected between 2023 and 2025 ... The additional vessels to be built for the new FureBear JV will be sisters to the Vinga series currently trading in the Gothia Tanker Alliance launched by Furetank.
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Singapore-Based Project Seeks to Develop Ammonia Bunker Vessel Design

The Maritime Executive 17 Aug 2022
With its initial assignments in the offshore sector with projects such as jack-up rigs and offshore support vessels, the shipyards have expanded and as a group they report having built over 750 vessels. This includes product tankers, FSRU, and a range of offshore construction and support vessels.
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Chinese navy ship docks in Sri Lanka, stokes worry in India

Arab News 17 Aug 2022
A Chinese navy vessel arrived at a Beijing-built port in southern Sri Lanka on Tuesday, after its port call was earlier delayed due to apparent security concerns raised by India ... The keenly watched developments surrounding the vessel underscore the competing interest from regional giants India and China in the small island nation.
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Chinese ‘spy ship’ docks in Sri Lankan port to the chagrin of US and India

Irish Independent 17 Aug 2022
The arrival of the Yuan Wang 5, an advanced satellite-tracking vessel, for an expected week-long stay in the Chinese-built port of Hambantota has raised tensions in the area.India and China are fighting for influence in bankrupt Sri Lanka, while friction between Washington and ...
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Capturing high pressures in diamond capsules

Phys Dot Org 17 Aug 2022
Wendy Mao from Stanford University report an innovative breakthrough where they were able to maintain the extraordinary properties of high-pressure materials in free-standing, nanostructured diamond capsules without the support of traditional bulky pressure vessels.

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