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HII announced that the Virginia-class shipbuilding team, which includes the company’s Newport News Shipbuilding (NNS) division, has been awarded a contract modification in support of construction of two fiscal year 2024 Block V submarines.The contract modification…
https://www.marinelink.com/news/hii-awarded-contract-modification-525272
https://www.marinelink.com/news/hii-awarded-contract-modification-525272General Dynamics Electric Boat, a business unit of General Dynamics, has been awarded a total of $12.4 billion in contract modifications for construction of two fiscal year 2024 Virginia-class submarines. Additionally, the award funds investments…
https://www.marinelink.com/news/general-dynamics-electric-boat-awarded-525273
https://www.marinelink.com/news/general-dynamics-electric-boat-awarded-525273ABS has published the Dual-Fuel Solutions for Newbuild Vessels, a report that examines dual-fuel propulsion options focused on hydrocarbon-based fuel coupled with liquefied natural gas (LNG), methanol and ammonia.Choosing the right dual-fuel…
https://www.marinelink.com/news/abs-publishes-dualfuel-propulsion-525274
https://www.marinelink.com/news/abs-publishes-dualfuel-propulsion-525274JSA Loadmaster Arabia Ltd and HMH have entered into a strategic Cooperation Agreement to deliver joint solutions to shipyards, as well as onshore and offshore rig operators, in the Kingdom of Saudi Arabia.Established in 2019, JSA Loadmaster…
https://www.marinelink.com/news/jsa-loadmaster-arabia-ltdl-hmh-sign-525275
https://www.marinelink.com/news/jsa-loadmaster-arabia-ltdl-hmh-sign-525275The Mediterranean Sea officially became an Emission Control Area for Sulphur Oxides and Particulate Matter (Med SOx ECA) under MARPOL Annex VI on May 1, 2025. The sulphur content in fuel oil for ships operating in the area is now limited to 0.1%…
https://www.marinelink.com/news/imo-new-air-pollution-limits-begin-may-525276
https://www.marinelink.com/news/imo-new-air-pollution-limits-begin-may-525276Danish offshore wind developer Ørsted has sold a 24.5% stake in the 389MW West of Duddon Sands offshore wind farm to funds managed by Schroders Greencoat. Schroders Greencoat has a combined net generating capacity of over 7GW and £9.6bn ($12.75bn) in assets under management. The asset manager is also a partner on another four Ørsted …
https://splash247.com/orsted-sells-stake-in-uk-offshore-wind-farm-for-600m/
https://splash247.com/orsted-sells-stake-in-uk-offshore-wind-farm-for-600m/Dutch floater expert SBM Offshore has signed a contract with UK-based supermajor BP for the wet tow and installation of the Kaskida semi-submersible floating production unit (FPU). The Kaskida field is a greenfield Paleogene development located approximately 400 km southwest of New Orleans in the Keathley Canyon area of the US Gulf of Mexico. The …
https://splash247.com/sbm-offshore-to-install-bps-gulf-of-mexico-production-unit/
https://splash247.com/sbm-offshore-to-install-bps-gulf-of-mexico-production-unit/New York-listed offshore driller Valaris has been awarded new deals for its rigs, increasing the company’s backlog to approximately $4.2bn. US supermajor ExxonMobil exercised a six-month price option for the 2015-built Valaris DS-9 drillship. The option will begin in January 2026 in direct continuation of the existing firm program. The rig has been under hire …
https://splash247.com/new-rig-deals-boost-valaris-backlog-to-4-2bn/
https://splash247.com/new-rig-deals-boost-valaris-backlog-to-4-2bn/Today sees the Mediterranean Sea officially become an emission control area (ECA) for sulphur oxides (SOx). All vessels operating in the region must now comply with stricter environmental standards whereby they either use maximum 0.10% sulphur content in fuel, or use approved exhaust gas cleaning systems also known as scrubbers. In contrast to North and …
https://splash247.com/mediterranean-eca-starts/
https://splash247.com/mediterranean-eca-starts/Wallenius Wilhelmsen has acquired the remaining shares in New Zealand shipping concern, Armacup, bringing the shareholding percentage from 65% to 100%. Armacup is a New Zealand-headquartered shipping company that has pioneered the Japanese used car trade since the 1980s. Armacup has since then expanded its position in the Asia-Oceania trade, servicing all three main export …
https://splash247.com/wallenius-wilhelmsen-acquires-remaining-shares-in-armacup/
https://splash247.com/wallenius-wilhelmsen-acquires-remaining-shares-in-armacup/