Category: Hoortash Iranian

Hoortash Iranian
23 Jan by

Weekly Broker: Boxship sales return

January 23rd, 2020 Jason Jiang Containers, Dry Cargo, Operations, Tankers 0 comments The sale and purchase market was against dominated by tanker sales this past week, while there was also a noticeable pick up in boxship deals on the back of the current solid charter rates on offer across many container ship sizes. Bulker investments, […]
Hoortash Iranian
22 Jan by

Charter rates for 5,500 teu ships soar

January 22nd, 2020 Sam Chambers Containers, Europe 0 comments Brokers Lorentzen & Stemoco report that charter rates for boxships in the 5,500 to 7,000 teu range have more than doubled in the past 12 months. The sector has benefitted from the low tonnage availability in the market, a situation exacerbated by a large swathe of […]
Hoortash Iranian
22 Jan by

The landside challenge of decarbonisation

January 22nd, 2020 Splash 24/7 Bunkering, Contributions, Environment, Europe, Operations, Tech 0 comments Halving the maritime industry’s greenhouse gas emissions by 2050 extends far beyond ships and their propulsion systems. It means getting the right zero-carbon fuel mix ready and having the necessary supporting infrastructure in place, writes Alastair Marsh, the chief executive of Lloyd’s […]
Hoortash Iranian
22 Jan by

IMO hails ‘relatively smooth’ start to the global sulphur cap

January 22nd, 2020 Sam Chambers Environment, Regulatory 0 comments International Maritime Organization secretary-general Kitack Lim has hailed the start of the global sulphur cap as a smooth, successful process. From January 1, ships trading around the world have had to use fuel with 0.5% sulphur content or operate exhaust gas cleaning systems. Despite Splash hearing […]
Hoortash Iranian
21 Jan by

Shanghai Xiangfa Shipping seeks new investor

January 21st, 2020 Jason Jiang Greater China, Tankers 0 comments Shanghai Xiangfa Dangerous Cargo Shipping & Stoarge Company is looking for new investors to restructure the company after it was declared bankrupt by a court in Shanghai in November. Xiangfa Shipping mainly operates in chemical tanker shipping on domestic rivers, and has a fleet of […]
Hoortash Iranian
21 Jan by

Giuseppe Rizzo and his sister make swift shipowning return

January 21st, 2020 Nicola Capuzzo Dry Cargo, Europe, Tankers 0 comments Giuseppe Mauro Rizzo, former chief executive officer of RBD Armatori, will be co-owner of the newly built Rb-Rd Armatori vehicle, which will take over some of the ships (four post-panamaxes, three capesize bulkers and one aframax tanker) and the real estate properties from the […]
Hoortash Iranian
21 Jan by

Kassian pockets $3m from panamax sale

January 21st, 2020 Hans Thaulow Dry Cargo, Europe 0 comments Kassian Maritime Navigation, run by the the Pappadakis family, has continued to renew its bulker fleet with the disposal of a 12-year-old panamax vessel. The Greek outfit has sold the 74,000 dwt Afterhour (built 2007) to five-ship strong bulker outfit Niriis Shipping for $9m. Lion […]
Hoortash Iranian
20 Jan by

Low sulphur fuel found to have higher black carbon emissions than HSFO

January 20th, 2020 Sam Chambers Environment, Operations 0 comments Mandated into law for less than three weeks and very low sulphur fuel oil (VLSFO), shipping’s new number one bunkering choice, is already facing calls to be banned, especially in Arctic waters. A submission made by Finland and Germany to the International Maritime Organization (IMO) suggests […]
Hoortash Iranian
20 Jan by

More than $1trn needed to meet IMO’s 2050 environmental goals

January 20th, 2020 Sam Chambers Environment 0 comments At least $1trn of capital investment in land-based and ship-related infrastructure will be required to halve international shipping’s greenhouse gas emissions by 2050 compared to 2008 levels, as per the mandate of the International Maritime Organization (IMO). A new study by UMAS and the Energy Transitions Commission […]
Hoortash Iranian
20 Jan by

Hapag-Lloyd signs space charter agreement with Maersk and MSC

January 20th, 2020 Sam Chambers Containers, Europe 0 comments German containerline Hapag-Lloyd will expand its product offering on the Asia-North Europe trade starting in March 2020. As a member of THE Alliance, Hapag-Lloyd already offers many services on the route. However, to strengthen it even further, Hapag-Lloyd has signed a space charter agreement with Maersk […]

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