French Polynesian transport company the Degage Group has awarded shipbuilder Austal Vietnam a contract for the design and construction of a new Ro-Pax ferry. Named Dory 2, the vessel will have a steel hull, an aluminium superstructure, a length of 71 metres, accommodations for 140 passengers and 17...
Qatari owner S’hail Shipping has made a decent profit on a rusty panamax sale to the fast-growing Hoanh Son Group S’hail has sold the 18-year-old panamax S’hail Al Dukhan to the Vietnamese infrastructure conglomerate. No price is attached to the deal, but VesselsValue indicates that the...
https://splash247.com/vietnams-hoanh-son-remains-on-a-panamax-charge/
Two Asia-Pacific flashpoints – the South China Sea and Taiwan Strait – stand at a critical juncture, but their connection is not always well understood. In the South China Sea, China has ramped up its military assertiveness against the Philippines while at the same time holding out the prospect of...
Three people were killed as a result of a missile attack on a cargo vessel in the Red Sea off Yemen on Wednesday, March 6. The three victims, which included one Vietnamese and two Filipino nationals, were serving as crewmembers aboard the Barbados-registered bulk carrier True Confidence when it was...
Thailand’s Mermaid Maritime, via its subsea services unit, has established a joint venture company in Vietnam with local marine contractor Tan Cang Offshore. The Singapore-listed company said the new company, called Tan Cang Mermaid Subsea Services, will be involved in remotely operated vehicle...
https://splash247.com/mermaid-maritime-sets-up-joint-venture-in-vietnam/
In Part One last week, we looked at the paradox of offshore wind, a segment that is growing without profit for many players. This contrasts with offshore oil and gas, which has shrunk but has become intensely profitable for rig and vessel operators, and for the oil companies themselves. Whereas offshore oil and gas companies […]
The post COLUMN | Where the wind blows, part 2: Shell, Cadeler, HEA Energy, Cyan Renewables, Edda Wind, Norwind and Norside [Offshore Accounts] appeared first on Baird...
Vietnamese news outlets report that one person is confirmed dead while two others have gone missing after a fishing vessel and a locally-registered cargo ship collided with each other off Quang Ngai province in central Vietnam on Friday, February 23. An initial investigation stated that the fishing...
Greece’s Capital Maritime and Trading has sold the youngest VLCC to be flagged under the Vietnamese flag. At the end of last year, Evangelos Marinakis quietly sold a 14-year-old Universal-built mammoth named Alexander the Great, now named Felix, with VesselsValue tagging Phuong Dong Petrol...
Orders have been placed for new ferries for operation in various regions. Interestingly, three of the four vessels mentioned in this roundup are catamarans that are each capable of seating at least 300 passengers and reaching speeds of over 25 knots. South Korean operator orders fast catamaran...
Vietnam’s emergence as a manufacturing powerhouse is showing up in ever greater detail on the global container map. The Southeast Asian nation has become a go-to place for manufacturers seeking factory alternatives to China, and subsequently liners are bringing exports direct to Western markets in...
https://splash247.com/vietnams-liner-shipping-connectivity-leaps/