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France’s CMA CGM has agreed to invest Ksh106bn ($820m) to modernise and expand two terminals at the Port of Mombasa under a cooperation framework with the Kenyan government. CMA CGM, which has been present in Kenya since 2005, said the investment will raise cargo‑handling capacity, strengthen regional trade corridors, and enhance Kenya’s connectivity to global …
https://splash247.com/cma-cgm-to-invest-820m-in-kenyas-port-of-mombasa/
https://splash247.com/cma-cgm-to-invest-820m-in-kenyas-port-of-mombasa/Greek dry bulk owner Safe Bulkers has entered into recapitulation agreements for the acquisition of four Japanese newbuild dry bulk vessels. Three newbuild vessels are 82,000 dwt kamsarmaxes, with two set for delivery in the first half of 2029 and one in the third quarter of 2029. One newbuild vessel is a 182,000 dwt cape, …
https://splash247.com/safe-bulkers-expands-orderbook-with-four-bulkers/
https://splash247.com/safe-bulkers-expands-orderbook-with-four-bulkers/Abu Dhabi state investor Mubadala has announced a $325m investment in Ørsted’s Hornsea 3, which, once completed, will be the world’s single largest offshore wind farm. Mubadala is investing alongside a consortium led by Apollo-managed funds, which includes USS and La Caisse. The investment follows Apollo Funds’ acquisition of a 50% stake in the joint …
https://splash247.com/mubadala-invests-325m-in-worlds-biggest-offshore-wind-farm/
https://splash247.com/mubadala-invests-325m-in-worlds-biggest-offshore-wind-farm/UK offshore vessel owner North Star has secured contracts for 17 emergency response and rescue vessels (ERRV) in its fleet for work in the North Sea. The contracts, comprising both new awards and renewals, represent approximately 50 years of combined contract duration. The deals were secured through a combination of competitive tender processes and contract …
https://splash247.com/north-star-secures-contracts-for-17-errvs/
https://splash247.com/north-star-secures-contracts-for-17-errvs/The Iran war is starting to shape China's imports of major commodities, with April data showing a sharp decline in crude oil but rising trade in metals.The headline-grabbing number from the figures released last week by customs was the slide in arrivals of crude oil…
https://www.marinelink.com/news/oil-slides-metals-jump-hormuz-impacts-539066
https://www.marinelink.com/news/oil-slides-metals-jump-hormuz-impacts-539066Fast Offshore Supply (FOS) has selected Incat Crowther to design a fleet of 10 new DP2 fast crew transfer vessels (CTVs) for offshore operations supporting Brunei Shell Petroleum, a joint venture between Shell and the Government of Brunei.The…
https://www.marinelink.com/news/fos-picks-incat-crowther-design-fast-ctv-539067
https://www.marinelink.com/news/fos-picks-incat-crowther-design-fast-ctv-539067NYK-operated car carrier Elder Leader, which is equipped with an autonomous navigation system, made its first call at the port of Singapore on April 29, 2026. On this occasion, NYK, together with the NYK Group company MTI Co., Ltd. and the Maritime and Port Authority of Singapore (MPA)…
https://www.marinelink.com/news/car-carrier-elder-leader-trials-539068
https://www.marinelink.com/news/car-carrier-elder-leader-trials-539068Clean hydrogen production is expected to grow 100-fold by 2060, driven by energy security concerns and large-scale expansion in China, according to a new forecast from classification society DNV.In its latest report, Energy Transition Outlook 2026: Hydrogen to 2060…
https://www.marinelink.com/news/dnv-sees-clean-hydrogen-growing-fold-539069
https://www.marinelink.com/news/dnv-sees-clean-hydrogen-growing-fold-539069Offshore infrastructure services provider North Star has secured a multi-million-dollar pipeline of emergency response and rescue vessel (ERRV) contracts covering 17 vessels operating in the North Sea.The awards, comprising new contracts and extensions…
https://www.marinelink.com/news/north-star-nets-multiyear-north-sea-539071
https://www.marinelink.com/news/north-star-nets-multiyear-north-sea-539071Dutch non-destructive testing specialist Ned Marine has launched drone and remotely operated vehicle (ROV)-based inspection services aimed at vessels, offshore installations and industrial assets.The company said the new services combine aerial…
https://www.marinelink.com/news/ned-marine-launches-drone-subsea-rov-539072
https://www.marinelink.com/news/ned-marine-launches-drone-subsea-rov-539072