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Taiwan has laid out plans to add as much as 18GW of offshore wind capacity by 2039 as rising power demand from the island’s semiconductor, artificial intelligence and high-tech sectors puts pressure on electricity supply. The Ministry of Economic Affairs’ 2026–2039 Offshore Wind Power Medium- and Long-Term Promotion Plan targets total installed capacity of between …
https://splash247.com/taiwan-charts-offshore-wind-growth-through-2039/
https://splash247.com/taiwan-charts-offshore-wind-growth-through-2039/Western LNG has awarded a contract to Swiss-based marine construction specialist Allseas for the installation of the critical subsea section of the Prince Rupert Gas Transmission (PRGT) pipeline in northwest Canada. Located in the remote waters of north-western British Columbia, near the Alaska border, the subsea pipeline forms the final link in a 700 km …
https://splash247.com/allseas-scores-canadian-lng-pipeline-installation-deal/
https://splash247.com/allseas-scores-canadian-lng-pipeline-installation-deal/Oslo-listed Pelagic Credit has struck a $47.4m sale-and-leaseback deal for three Hartmann-controlled handysize bulkers, marking its first investment in the dry bulk sector. The Limassol-based shipping investor will acquire the 2016-built Federal Alster and 2017-built sisters Federal Mosel and Federal Ruhr. The three ships are each around 36,600 dwt. The vessels will be chartered back …
https://splash247.com/pelagic-credit-seals-47m-hartmann-bulker-leaseback/
https://splash247.com/pelagic-credit-seals-47m-hartmann-bulker-leaseback/Greek tanker owner Top Ships has redirected funds from its abandoned Dubai property play into three MR tanker newbuildings, taking its orderbook in the segment to 10 vessels. The New York-listed company has agreed to acquire three special-purpose companies from a related party, each holding a contract for a scrubber-fitted MR product tanker due for …
https://splash247.com/top-ships-turns-dubai-refund-into-mr-tanker-trio/
https://splash247.com/top-ships-turns-dubai-refund-into-mr-tanker-trio/Tehran has ruled out Oman's proposal for regional joint management of the Strait of Hormuz, a senior Iranian official told Reuters on Wednesday, scuppering hopes for a resolution to the impasse that has choked off Gulf trade for months.Oman…
https://www.marinelink.com/news/iran-rejects-omani-plan-strait-hormuz-541592
https://www.marinelink.com/news/iran-rejects-omani-plan-strait-hormuz-541592Northern Lights joint venture has taken delivery of its fourth dedicated liquefied CO2 (LCO2) carrier, completing the vessel fleet required for the first phase of its carbon capture and storage (CCS) transport and storage operations.The Northern…
https://www.marinelink.com/news/northern-lights-ccs-fleet-set-next-stage-541597
https://www.marinelink.com/news/northern-lights-ccs-fleet-set-next-stage-541597The American Bureau of Shipping (ABS) has granted Approval in Principle (AiP) to Samsung Heavy Industries (SHI) and Conrad Shipyard for the basic design of a 12,000-cubic-metre LNG bunkering articulated tug-barge (ATB) planned for construction…
https://www.marinelink.com/news/samsung-heavy-conrad-shipyard-abs-nod-lng-541614
https://www.marinelink.com/news/samsung-heavy-conrad-shipyard-abs-nod-lng-541614Sallaum Lines has ordered an 8,600-car equivalent unit (CEU) pure car and truck carrier (PCTC) from China Merchants Shipyard, with an option for a second vessel, expanding its newbuilding program as it prepares for long-term growth in the global vehicle carrier market.The LNG dual-fuel…
https://www.marinelink.com/news/sallaum-lines-orders-lng-dualfuel-pctc-541616
https://www.marinelink.com/news/sallaum-lines-orders-lng-dualfuel-pctc-541616Today, Wednesday, July 29 2026, the Baltic Dry Index decreased by 32 points, reaching 2632 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2632-down-32-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2632-down-32-points/CMA CGM and infrastructure investor Stonepeak have completed the formation of United Ports, a joint venture holding nine container terminals across five countries. Stonepeak has invested $2.4bn for a 25% stake in the business, while CMA CGM retains 75% ownership and full operational control. The initial portfolio includes Fenix Marine Services in Los Angeles, Port …
https://splash247.com/cma-cgm-secures-fresh-capital-for-port-expansion-from-stonepeak/
https://splash247.com/cma-cgm-secures-fresh-capital-for-port-expansion-from-stonepeak/