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Subsea Cable Assets (SCA) has secured its first framework contract with 50Hertz to deliver cable storage and handling systems for power grid projects in Germany.The contract, awarded through a European tender process, covers the engineering…
https://www.marinelink.com/news/sca-secures-first-hertz-contract-cable-537809
https://www.marinelink.com/news/sca-secures-first-hertz-contract-cable-537809Malaysia-based offshore support vessel (OSV) provider Nam Cheong has secured OSV charter contracts worth up to $25 million, as demand for vessels remains firm in Southeast Asia.The contracts cover one anchor handling tug supply (AHTS) vessel and one maintenance work vessel…
https://www.marinelink.com/news/nam-cheong-locks-two-osv-charters-amid-537811
https://www.marinelink.com/news/nam-cheong-locks-two-osv-charters-amid-537811Sanmar Shipyards has announced the successful completion of sea trials for its 14th fully electric tugboat, marking an achievement in the company’s 50th-anniversary year. This latest vessel, an ElectRA 2500SX design, reinforces Sanmar’s position…
https://www.marinelink.com/news/sanmar-shipyards-celebrates-successful-537814
https://www.marinelink.com/news/sanmar-shipyards-celebrates-successful-537814In response to rising demand in Asia and growing ambitions in both the civil and military sectors, Anschuetz Singapore is now taking its next step by relocating to larger and more efficient premises at Bulim Square.Since its establishment in 2009…
https://www.marinelink.com/news/anschtz-expands-singapore-office-537815
https://www.marinelink.com/news/anschtz-expands-singapore-office-537815The Danish motor and service company Hoyer VMS Group has recently presented financial results with strong growth on both the top and bottom lines. Revenue totaled USD1$35 million (DKK 867 million) in 2025 compared to USD$114 million (DKK 733 million) in 2024…
https://www.marinelink.com/news/hoyer-vms-group-reports-record-revenue-537816
https://www.marinelink.com/news/hoyer-vms-group-reports-record-revenue-537816ClassNK has carried out a regular reshuffle of its full-time executives effective March 17, 2026. Yoshifumi Miyatake has been appointed as Senior Executive Vice President, and current Corporate Officer Toshio Kurashiki has been appointed as Executive Auditor.
https://www.marinelink.com/news/classnk-reshuffles-fulltime-executive-537818
https://www.marinelink.com/news/classnk-reshuffles-fulltime-executive-537818Today, Wednesday, April 8 2026, the Baltic Dry Index climbed 44 points, reaching 2139 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 hit ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2139-up-44-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2139-up-44-points/The chief executive of Malaysian floater and vessel contractor Bumi Armada, Gary Neal Christenson, has stepped down from his role. Christenson’s term as CEO was supposed to expire on May 15, 2026, but he requested an early release. He has also stepped down from the board of directors and from his roles in the company’s …
https://splash247.com/bumi-armada-ceo-gary-neal-christenson-steps-down-early/
https://splash247.com/bumi-armada-ceo-gary-neal-christenson-steps-down-early/Malaysia-based offshore marine group Nam Cheong has secured OSV charter contracts of up to RM102.5m ($25.8m). The contracts comprise one anchor-handling tug supply (AHTS) vessel and one maintenance work vessel, to be chartered for a firm period of up to two years, commencing in 2026, with options for an additional one-year extension. The AHTS vessel …
https://splash247.com/nam-cheong-strengthens-backlog-with-25m-charter-wins/
https://splash247.com/nam-cheong-strengthens-backlog-with-25m-charter-wins/The Suriname arm of Malaysian giant Petronas has signed a strategic collaboration agreement with Subsea Integration Alliance, which comprises Subsea7 and SLB OneSubsea. The agreement creates a long-term framework for close collaboration on field development projects in Suriname. Through early engagement and integrated execution, the collaboration aims to simplify complex procurement processes, reduce total development …
https://splash247.com/petronas-inks-suriname-subsea-alliance-with-subsea7-and-slb-onesubsea/
https://splash247.com/petronas-inks-suriname-subsea-alliance-with-subsea7-and-slb-onesubsea/