Category: Hoortash Iranian

Hoortash Iranian
5 Feb by

Brightoil to dispose of oil trading and bunkering business to stay afloat

February 5th, 2020 Jason Jiang Greater China, Offshore 0 comments Chinese private energy company Brightoil Petroleum has submitted a resumption plan to the Hong Kong Stock Exchange as the company progresses with its debt restructuring. The plan includes the disposal of the international oil trading and bunkering business, and the company has signed the sale […]
Hoortash Iranian
5 Feb by

New initiative provides free wifi for seafarers calling at Sydney

February 5th, 2020 Sam Chambers Operations 0 comments An Australian-first initiative to provide a wifi signal and internet access for visiting seafarers on ships visiting Australian ports called Seafarer Connect has been launched in Sydney at a meeting of the International Transport Workers’ Federation. An initiative of the not-for-profit Tas Bull Seafarers Foundation (TBSF), a […]
Hoortash Iranian
4 Feb by

Bernhard Schulte: Artificial intelligence and shipmanagement

February 4th, 2020 Splash 24/7 Europe, Maritime CEO, Operations, Tech 0 comments Expect to hear and see plenty about Bernhard Schulte Shipmanagement’s novel apps it will be launching later this year. The shipmanager, one of the world’s largest, is putting the finishing touches to new digital tools that will be used onshore and at sea, […]
Hoortash Iranian
4 Feb by

Soloi fleet clear-out gathers pace

February 4th, 2020 Sam Chambers Dry Cargo, Europe 0 comments Dakis Joannou-controlled Soloi is having a fleet clear-out. Having sold a 2009-built panamax bulker, Crystal Wind, for $13m in August, brokers reveal Soloi has been pitching another panamax, Faye, for sale in recent weeks, a 2010-built ship it bought in 2018 for $17.75m. The Athens-based […]
Hoortash Iranian
4 Feb by

Navigare acquires Niledutch boxship

February 4th, 2020 Jason Jiang Containers, Europe 0 comments Danish investment firm Navigare Capital Partners has acquired the 2015-built 3,500 teu containership Niledutch Antwerpen from Dutch owner Niledutch. The company has confirmed the acquisition, adding the vessel to the fleet list on its website. VesselsValue‘s valuation of the vessel, built by CSSC in China, is […]
Hoortash Iranian
3 Feb by

Japan renews shipbuilding spat with Korea at the WTO

February 3rd, 2020 Sam Chambers Asia, Shipyards 0 comments Japan has reignited its shipbuilding beef with neighbour South Korea, filing dispute proceedings at the World Trade Organisation (WTO) over alleged shipbuilding subsidies, citing the billions handed to prop up Daewoo Shipbuilding & Marine Engineering (DSME) over the past five years. The South Korean government have […]
Hoortash Iranian
3 Feb by

Shipping bodies respond to black carbon claims

February 3rd, 2020 Sam Chambers Environment 0 comments A host of shipping bodies have replied in an open letter to the Clean Arctic Alliance in an ongoing spat about the potential for very low sulphur fuel oil (VLSFO) to emit more black carbon emissions than high sulphur fuel oil (HSFO). In the wake of a […]
Hoortash Iranian
3 Feb by

Operational agility in the 2020s demands blended connectivity

February 3rd, 2020 Splash 24/7 Contributions, Operations, Tech 0 comments A new report from Futurenautics and Vodafone this week shows that 90% of shipboard data never leaves the vessel, but a blended connectivity approach combining 4G/LTE and satellite could unlock significant value as part of digitalisation and IoT strategies. Roger Adamson reports. In recent years, […]
Hoortash Iranian
31 Jan by

Coronavirus: Chinese ports grind to a halt while yards declare force majeure

January 31st, 2020 Sam Chambers Asia, Greater China, Operations, Ports and Logistics, Shipyards 0 comments Agents and brokers are reporting operations are slowing down at Chinese ports and shipyards as the coronavirus takes its toll and the Lunar New Year holidays are extended. Despite an edict from the Ministry of Transport yesterday urging port operators […]
Hoortash Iranian
31 Jan by

Baltic Capesize Index hits record low, closing on just one point

January 31st, 2020 Sam Chambers Dry Cargo 0 comments The Baltic Capesize Index hit a record low yesterday, dropping 92 points, or 98.9%, to finish on just one point with the overall Baltic Dry Index also sliding, dropping 27 points to duck under the 500 points mark, closing on 498. The cape index is for […]

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