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Sempra Infrastructure has started liquefied natural gas (LNG) production at the ECA LNG Phase 1 project in Ensenada, Mexico, being developed as a joint venture with TotalEnergies.The production of LNG was achieved as part of the commissioning…
https://www.marinelink.com/news/sempra-totalenergies-produce-first-lng-540001
https://www.marinelink.com/news/sempra-totalenergies-produce-first-lng-540001DNV has awarded an Approval in Principle (AiP) to HD Hyundai Heavy Industries (HHI) for an independent Type B LPG cargo tank design for very large gas carriers (VLGCs).The approval covers HHI's design for a 90,000-cubic-metre independent Type B containment system for LPG carriers.According to DNV…
https://www.marinelink.com/news/dnv-greenlights-hhis-type-b-vlgc-tank-540004
https://www.marinelink.com/news/dnv-greenlights-hhis-type-b-vlgc-tank-540004ABS issued approval in principle (AIP) for the integration of a nuclear reactor into a cargo vessel propulsion system developed by the Massachusetts Institute of Technology (MIT), HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and Capital…
https://www.marinelink.com/news/abs-grants-aip-nuclear-reactor-540007
https://www.marinelink.com/news/abs-grants-aip-nuclear-reactor-540007Dutch floater expert SBM Offshore has entered into an agreement with Nippon Yusen Kabushiki Kaisha (NYK) to divest a 45% ownership interest in the special purpose companies related to the lease and operation of the FSO Chalchi. Following the transaction, SBM Offshore will remain the majority shareholder with 55% ownership interest. FSO Chalchi is currently …
https://splash247.com/sbm-offshore-sells-stake-in-trion-field-fso-to-nyk/
https://splash247.com/sbm-offshore-sells-stake-in-trion-field-fso-to-nyk/French offshore vessel owner Bourbon has named Subsea7 executive Olivier Blaringhem as its next chief executive, with the industry veteran set to take over from long-serving CEO Gaël Bodénès on September 14. Blaringhem arrives with more than 25 years of experience across offshore services, engineering and major energy projects. He has spent most of his …
https://splash247.com/bourbon-taps-subsea7-veteran-olivier-blaringhem-as-next-ceo/
https://splash247.com/bourbon-taps-subsea7-veteran-olivier-blaringhem-as-next-ceo/Global Ship Lease has made its first move into the newbuilding market, ordering 10 containerships in a deal worth about $917m as the New York-listed owner looks to reshape its fleet for the next generation of liner trades. The Athens-based company said it has signed individual contracts for 10 mid-sized, ultra-high-reefer, wide-beam boxships, with deliveries …
https://splash247.com/global-ship-lease-dives-into-newbuilds-with-10-boxship-order/
https://splash247.com/global-ship-lease-dives-into-newbuilds-with-10-boxship-order/Chinese shipbuilder Jiangnan Shipyard has taken its nuclear shipping ambitions a step further, unveiling a concept for a nuclear-powered floating logistics hub that would serve as a container transhipment terminal, energy production centre and charging station for future vessels. The concept was presented during Posidonia in Athens and builds on the yard’s earlier work on …
https://splash247.com/chinese-yard-pitches-nuclear-powered-logistics-hub/
https://splash247.com/chinese-yard-pitches-nuclear-powered-logistics-hub/Posidonia, the world’s most famous shipping exhibition, opened its doors in Athens with record participation and a near constant on Splash headlines all week. More than 40,000 shipping professionals have attended the five-day event sponsored by Splash at the Athens Metropolitan Expo, making the 2026 edition the biggest in Posidonia’s history. AI-led products dominated the …
https://splash247.com/splash-wrap-the-magnetism-of-posidonia/
https://splash247.com/splash-wrap-the-magnetism-of-posidonia/“Extravagant, excess, excellent.” My likely slurred alliterative answer, post quite a few Alpha beers, on being quizzed to describe this year’s Posidonia in three words for a social media video loading shortly. Make no mistake, I loved this year’s event. However, the gnawing memories of the 2008 version, three months before the global financial crisis, …
https://splash247.com/the-ghost-of-posidonia-2008/
https://splash247.com/the-ghost-of-posidonia-2008/Container shipping spot rates are surging at a pace not seen for years as an early peak season combines with Red Sea disruptions, front-loaded cargo demand and aggressive carrier pricing power. The Shanghai Containerized Freight Index (SCFI) today jumped 155 points to 2,726.48, its highest level in the last couple of years, marking the fifth …
https://splash247.com/container-spot-rates-explode-as-peak-season-arrives-early/
https://splash247.com/container-spot-rates-explode-as-peak-season-arrives-early/