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Norway’s Hunter Group says an ongoing dispute with a long-term charterer has deepened after the counterparty again paid well below the contracted amount for two VLCCs. The Oslo-listed company revealed that the unnamed counterparty underpaid April charter hire by about $9.22m, following a similar shortfall reported for March. Hunter Group said the latest development increases …
https://splash247.com/hunter-group-faces-mounting-vlcc-payment-dispute/
https://splash247.com/hunter-group-faces-mounting-vlcc-payment-dispute/Greek dry bulk owner Diana Shipping has warned that shares in rival Genco Shipping & Trading could fall to around $17.50 if its $23.50-per-share takeover proposal is removed from the table. Athens-based Diana, currently Genco’s largest shareholder, said the US-listed bulker owner’s stock price is being artificially supported by its all-cash offer and does not …
https://splash247.com/diana-warns-genco-shares-could-slide-if-takeover-bid-collapses/
https://splash247.com/diana-warns-genco-shares-could-slide-if-takeover-bid-collapses/Norway said on Monday it has joined the European Union's Strategy for the Baltic Sea Region (EUSBSR), which aims to coordinate work around common challenges, including security aspects.Norway, a non-EU country, will join existing members Sweden, Denmark, Estonia, Finland, Germany, Latvia, Lithuania
https://www.marinelink.com/news/norway-signs-eu-baltic-sea-cooperation-539286
https://www.marinelink.com/news/norway-signs-eu-baltic-sea-cooperation-539286Russian drones hit two ships in the Black Sea approaching ports in Ukraine's Odesa region on Monday, including a Chinese-owned cargo vessel, Ukrainian authorities said, after a night of Russian attacks on the area.Ukraine's seaports authority said that the strikes had hit two civilian vessels…
https://www.marinelink.com/news/russian-drones-strike-two-ships-off-539287
https://www.marinelink.com/news/russian-drones-strike-two-ships-off-539287Dutch offshore services provider Boskalis has decided to invest in a new high-capacity cable laying vessel (CLV) to support growing demand in the offshore wind and interconnector markets.The vessel, expected to enter service in 2029, will target long-distance cable installation projects…
https://www.marinelink.com/news/boskalis-orders-highcapacity-clv-offshore-539292
https://www.marinelink.com/news/boskalis-orders-highcapacity-clv-offshore-539292Norwegian shipbuilder Ulstein Verft has delivered Nexans Electra, a DP3 cable‑laying vessel (CLV), to Nexans, strengthening its capacity to install advanced subsea power and communication cable systems.The CLV Nexans Electra is a sister vessel to the CLV Nexans Aurora…
https://www.marinelink.com/news/ulstein-delivers-cable-layer-newbuild-539294
https://www.marinelink.com/news/ulstein-delivers-cable-layer-newbuild-539294U.S. autonomous vessel developer Saronic has entered a strategic partnership with Lloyd’s Register (LR) to support the safe deployment of autonomous maritime systems in the United Kingdom, Europe and Australia.The companies said the collaboration would focus on advancing technical standards…
https://www.marinelink.com/news/saronic-lloyds-register-partner-maritime-539299
https://www.marinelink.com/news/saronic-lloyds-register-partner-maritime-539299ABB has secured a contract from Spanish shipbuilder Navantia to supply power distribution and propulsion systems for two new coastal hydrographic vessels being built for the Spanish Navy.The vessels, scheduled for delivery by 2028, will be equipped with ABB’s Onboard DC Grid power system…
https://www.marinelink.com/news/abb-power-spanish-navys-new-hydrographic-539300
https://www.marinelink.com/news/abb-power-spanish-navys-new-hydrographic-539300The Zero Emissions Ship Technology Association (ZESTAs) launched the Global Liquid Hydrogen Alliance (Alliance), a new international platform dedicated to advancing pure green hydrogen and liquid hydrogen (LH2) as a deployable, scalable, and…
https://www.marinelink.com/news/zestas-announces-global-liquid-hydrogen-539301
https://www.marinelink.com/news/zestas-announces-global-liquid-hydrogen-539301Ship managers are facing increasing litigation risks that are linked to inherited ship conditions, highlighted after a recent incident in which claims exceeding $2.5 million were brought against a ship manager after taking over a defective ship.The claim…
https://www.marinelink.com/news/inherited-ship-conditions-increase-539302
https://www.marinelink.com/news/inherited-ship-conditions-increase-539302