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The UK government has granted planning permits to RWE and Masdar’s 3GW Dogger Bank South and SSE and RWE’s 1GW North Falls offshore wind farms. The Dogger Bank South project consists of two offshore wind farms – Dogger Bank South West and Dogger Bank South East – and associated offshore and onshore infrastructure, including high-voltage …
https://splash247.com/uk-approves-4gw-of-new-offshore-wind-capacity/
https://splash247.com/uk-approves-4gw-of-new-offshore-wind-capacity/Norwegian offshore vessel owner Solstad Offshore has announced it has prevailed in arbitration proceedings over a disputed charter of the Normand Maximus CSV. As a result of the ruling, Solstad Offshore will receive approximately $13m in charter hire. In addition, an interest compensation of approximately $1.5m has been awarded. According to a company statement, the …
https://splash247.com/solstad-wins-arbitration-over-csv-charter-dispute/
https://splash247.com/solstad-wins-arbitration-over-csv-charter-dispute/Taking a leaf out of the IronMan movie franchise, the Singapore Police Force is trialling jetpacks and weaponised drones as part of efforts to strengthen its capabilities in high-risk maritime security operations. The futuristic equipment is being assessed for use by the force’s maritime units to help officers board suspicious vessels more rapidly and respond …
https://splash247.com/maritime-security-enters-the-marvel-universe-in-singapore/
https://splash247.com/maritime-security-enters-the-marvel-universe-in-singapore/London-based investment platform Hayfin Capital Management has returned to the LNG carrier sector with a reported order for two large newbuildings at South Korea’s HD Hyundai Heavy Industries. Shipbroking and market sources have linked Hayfin to the order for two 174,000-cbm LNG carriers, with deliveries scheduled by the end of March 2029. Parent company of …
https://splash247.com/hayfin-lines-up-lng-carrier-newbuilds-in-south-korea/
https://splash247.com/hayfin-lines-up-lng-carrier-newbuilds-in-south-korea/George Economou-controlled TMS Cardiff Gas has returned to South Korea for another LNG carrier order, booking two newbuildings at Samsung Heavy Industries as the Greek owner continues one of the sector’s busiest fleet expansion drives. The yard disclosed a contract worth KRW 750.5bn ($505.6m) for two LNG carriers, putting the price at about $252m per …
https://splash247.com/economou-bolsters-gas-shipping-unit-with-samsung-heavy-newbuilds/
https://splash247.com/economou-bolsters-gas-shipping-unit-with-samsung-heavy-newbuilds/Every extra mile and every idle hour in port is a ‘carbon tax’ that a vessel pays with its annual rating. While the industry focuses on engine efficiency, the real battle for the CII rating is won or lost in the chartering office, where the ship’s trajectory is decided long before the engine starts, writes …
https://splash247.com/why-flawless-steering-cannot-save-a-wrong-course/
https://splash247.com/why-flawless-steering-cannot-save-a-wrong-course/Seven large LNG carriers built between 2005 and 2006 have changed hands since the disruption in the Strait of Hormuz tightened global LNG availability, driving prices higher and forcing Asian buyers to seek alternative supply sources. The buyer behind one of the latest sales has now emerged. Chinese-linked Rising Universe Shipping, managed by Dongtinghu Shipping, …
https://splash247.com/20-year-old-lng-vessels-become-hot-property/
https://splash247.com/20-year-old-lng-vessels-become-hot-property/There was no sign of a shipping breakthrough in Hormuz this week. If anything, the strait became more dangerous and closed. Donald Trump has been discussing his war with Iran with Xi Jinping while on a state visit to Beijing. Federal prosecutors filed criminal charges this week against Singapore-based shipmanager Synergy Marine over the 2024 …
https://splash247.com/splash-wrap-iran-tightens-its-control-of-hormuz/
https://splash247.com/splash-wrap-iran-tightens-its-control-of-hormuz/Coal’s obituary may have been written too early. That was the unmistakable conclusion from last month’s coal session at Geneva Dry, where shipowners, analysts and operators argued that the escalating Hormuz crisis has radically altered the outlook for seaborne coal and, with it, dry bulk shipping demand. Moderated by Benjamin Wilkes, COO of d’Amico Dry, …
https://splash247.com/coal-is-no-longer-a-dirty-word-but-an-energy-security-asset/
https://splash247.com/coal-is-no-longer-a-dirty-word-but-an-energy-security-asset/The Australian Renewable Energy Agency (ARENA) has announced the shortlisted projects for Round 2 of the Hydrogen Headstart Program, marking a major step forward in scaling Australia’s renewable hydrogen industry. The projects selected to progress…
https://www.marinelink.com/news/australia-shortlists-renewable-hydrogen-539231
https://www.marinelink.com/news/australia-shortlists-renewable-hydrogen-539231