The Port of Duisburg (Duisport), the world’s largest inland port, located near the confluence of Germany’s Rhine and Ruhr rivers, has developed what it calls a Rivergate, through which the ID of each container being loaded on, or unloaded from, a vessel is digitally recorded and compared with the...
https://splash247.com/german-port-now-able-to-id-all-containers-coming-on-and-off-ships/
Commodity trading giant Trafigura has agreed a $3bn German government-backed loan for gas supplies. The loan, jointly arranged and underwritten by Deutsche Bank and another international bank and syndicated to a number of participating banks, will support Trafigura to deliver “substantial volumes”...
https://splash247.com/trafigura-seals-3bn-germany-backed-loan-for-gas-supply/
Rebel shareholders of Norwegian offshore vessel owner and operator DOF have bought more shares in the financially troubled company after its price crashed on forced reconstruction news on Friday. DOF said in a regulatory filing that Bjarte Brønmo had amassed around 17m shares in the company,...
https://splash247.com/rebel-shareholders-building-up-stake-in-dof/
A joint venture between Vattenfall, BASF and Allianz has invited contractors to place their bids for the removal of the Hollandse Kust Zuid offshore wind turbine foundation, which was damaged by a bulk carrier earlier this year. After drifting abandoned in the storm-ravaged North Sea, the 37,200...
https://splash247.com/dutch-wind-farm-foundation-to-be-removed-after-bulker-collision-damage/
German utility RWE has expanded its offshore wind portfolio with the acquisition of Irish company Western Power Offshore Developments, which is in the early stages of developing the East Celtic project off the coast of Ireland. RWE is already developing the Dublin Array wind farm project in...
https://splash247.com/rwe-expands-irish-offshore-wind-footprint/
Greece’s Meadway Shipping has added to its orderbook with an ultramax shipbuilding contract at Tsuneishi Zhoushan in China. No price tag has been revealed for the 63,300 dwt vessel scheduled for delivery in 2025. With the latest order, Costas Dellaportas’ bulker owner has booked five newbuilds this...
https://splash247.com/meadway-shipping-books-ultramax-bulker-at-tsuneishi-zhoushan/
Financially-troubled Norwegian offshore vessel owner and operator DOF is filing a petition for reconstruction proceedings with the Hordaland district court after failing to secure approval for a debt restructuring plan. The restructuring scheme, which involved the conversion of debt into shares was...
https://splash247.com/dof-start-reconstruction-process-in-court/
With just this weekend to go until crude tankers enter a whole new world, the noose is tightening around Russian oil exports. Members of the European Union have agreed on a $60 a barrel price cap on Russian seaborne oil – a concept first developed by the Group of Seven (G7) nations. The price cap …
https://splash247.com/tankers-ready-for-new-trading-map-as-mondays-russia-ban-looms/
French energy major TotalEnergies has become the eighth member of the Castor Initiative, a multinational coalition of shipping industry players committed to the development and construction of ammonia-powered tankers. The coalition, founded in 2020 by Malaysia’s top shipping line MISC, South Korean...
https://splash247.com/totalenergies-comes-onboard-ammonia-powered-tanker-project/
Hong Kong’s Asia Maritime Pacific (AMP) and Hamburg Bulk Carriers (HBC) are merging to create a new name in dry bulk, Cetus Maritime. Cetus Maritime will become one of the largest privately held handysize operators when the transaction is concluded, likely as early as next month. The combined...