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Elomatic, an international consulting and engineering company, has successfully completed the installation of its Elogrid tunnel thruster technology on the 10,000 GT special purpose research vessel, the METEOR IV, built by the MEYER FASSMER…
https://www.marinelink.com/news/elomatic-installs-tunnel-thruster-529147
https://www.marinelink.com/news/elomatic-installs-tunnel-thruster-529147The Trump administration has unveiled a schedule to hold more than 30 offshore oil and gas lease sales over the next 15 years. The schedule includes 30 lease sales through 2040 in the Gulf of Mexico. The first sale in the Gulf is set for December 10, 2025. From next year, there will be two …
https://splash247.com/us-to-hold-over-30-offshore-oil-and-gas-auctions-through-2040/
https://splash247.com/us-to-hold-over-30-offshore-oil-and-gas-auctions-through-2040/Philippos Ioulianou, managing director of EmissionLink, writes for Splash today. As the clock ticks down to FuelEU enforcement in January and the International Maritime Organization’s 2050 net-zero target looms, dual-fuel engines have become the frontline tool for navigating tightening emissions rules. But there’s a catch. Owning a dual-fuel engine doesn’t mean you’re ready to benefit …
https://splash247.com/do-dual-fuel-engines-bring-dual-trouble-or-double-opportunity/
https://splash247.com/do-dual-fuel-engines-bring-dual-trouble-or-double-opportunity/The standout deal in the capesize segment this week has come from CMB.TECH’s dry bulk arm, Bocimar, which is in the process of offloading three newcastlemax bulk carriers. Brokers tell Splash that the Belgian owner has struck an agreement linking Asyad Shipping — the state-backed Omani giant formerly known as Oman Shipping – to the …
https://splash247.com/bocimar-offloads-newcastlemax-trio-to-asyad/
https://splash247.com/bocimar-offloads-newcastlemax-trio-to-asyad/John Fredriksen’s SFL Corporation has locked in fresh revenue with Maersk, agreeing to five-year charter extensions for three 9,500 teu container ships, starting in 2026. The renewed deals will add around $225m to the company’s contracted backlog. The vessels will remain with the Danish liner through to 2031, the New York-listed owner said in its …
https://splash247.com/sfl-bags-225m-in-maersk-charter-extensions/
https://splash247.com/sfl-bags-225m-in-maersk-charter-extensions/Two well-known names in LNG shipping have been linked to fresh orders at Samsung Heavy Industries, as newbuilding activity in the gas carrier segment shows signs of life. The South Korean yard confirmed this week it had secured contracts for six 174,000 cu m vessels worth around $1.5bn. While owners were not publicly disclosed, industry …
https://splash247.com/tms-cardiff-gas-and-celsius-tied-to-1-5bn-samsung-lng-orders/
https://splash247.com/tms-cardiff-gas-and-celsius-tied-to-1-5bn-samsung-lng-orders/The tremendous, record volume of container newbuildings due to enter the market in the coming years will require a huge swathe of the box fleet to be scrapped, something that is not happening at present. Splash’s lead story yesterday carried data from Linerlytica suggesting the container orderbook had hit 10.4m teu, with the orderbook ratio …
One of the world’s most famous names in shipping has disappeared following a shareholder vote yesterday in Bermuda. Golden Ocean Group, originally founded in 1978 by Fred Cheng before being sold under Chapter 11 protection to John Fredriksen’s Frontline in 2000, has now been folded into Alexander Saverys-led CMB.TECH with its shares delisted in New …
https://splash247.com/golden-ocean-name-consigned-to-history-after-cmb-tech-takeover/
https://splash247.com/golden-ocean-name-consigned-to-history-after-cmb-tech-takeover/A Panama-flagged chemical/oil products tanker has reportedly been severely damaged in Russian drone strike at the port of Izmail, Ukraine. The 7,842 dwt Excellion was moored at the eastern pier of the Izmail Oil Transshipment Complex during the early hours of August 20 when a series of UAV strikes were launched by Russian forces against …
https://splash247.com/tanker-hit-in-russian-drone-strike-on-izmail-port/
https://splash247.com/tanker-hit-in-russian-drone-strike-on-izmail-port/NV5 has unveiled its latest precision hydrography innovations in the Great Lakes, enabling maritime stakeholders to “Own the Lakebed, Master the Mission." To showcase these breakthrough capabilities, NV5 will host a free, live webinar on Wednesday…
https://www.marinelink.com/news/nv-advances-hydrography-great-lakes-join-529132
https://www.marinelink.com/news/nv-advances-hydrography-great-lakes-join-529132