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French tubing manufacturer Vallourec has been awarded a contract by Azule Energy for the Greater PAJ offshore development project in Angola. Under this contract, Vallourec will supply more than 26,000 tons of seamless carbon steel line pipes, representing approximately 210 km of pipeline, including advanced solutions with heavy thermal insulation coating. Deliveries associated with this …
https://splash247.com/vallourec-joins-contractor-line-up-on-azules-5-1bn-angola-development/
https://splash247.com/vallourec-joins-contractor-line-up-on-azules-5-1bn-angola-development/Nasdaq-listed Castor Maritime has bought another modern kamsarmax bulker, taking its recent spending on the segment to close to $80m. The Petros Panagiotidis-led company has acquired the 2024-built Magic Saturn for $41.9m from an unaffiliated third party. The vessel was delivered to Castor on June 29. The same day, Castor also took delivery of the …
https://splash247.com/castor-adds-second-modern-kamsarmax-in-a-week/
https://splash247.com/castor-adds-second-modern-kamsarmax-in-a-week/Oman's Asyad Group and France's CMA CGM Group have signed a framework agreement to develop, manage and operate a multipurpose logistics terminal in Sohar, establishing a strategic partnership aimed at boosting maritime connectivity and opening new regional trade corridors.The agreement…
https://www.marinelink.com/news/asyad-cma-cgm-partner-m-logistics-540755
https://www.marinelink.com/news/asyad-cma-cgm-partner-m-logistics-540755Maritime software provider Veson Nautical has launched the Veson Platform, a unified platform that combines its IMOS operating system, CoCaptain artificial intelligence tools, communication capabilities and new data products under a single interface.The company said the new platform integrates IMOS…
https://www.marinelink.com/news/veson-nautical-launches-aipowered-540761
https://www.marinelink.com/news/veson-nautical-launches-aipowered-540761Classification society ClassNK has introduced what it said is the world's first notation to indicate that greenhouse gas emissions generated during ship construction have been calculated and undergone third-party verification.The new notation…
https://www.marinelink.com/news/classnk-introduces-worlds-first-notation-540770
https://www.marinelink.com/news/classnk-introduces-worlds-first-notation-540770The world's oil tanker fleet is behaving as if the Strait of Hormuz is reopening — even as the waterway itself remains only partially navigable and politically contested. From ship tracking data to freight rates, the signals are clear: owners…
https://www.marinelink.com/news/hormuz-halfopen-halfclosed-tanker-rates-540773
https://www.marinelink.com/news/hormuz-halfopen-halfclosed-tanker-rates-540773The warning came booming over the airwaves, in a voice unmistakably from the American south: "Warship! Get out of our waters!"Norwegian Lieutenant Thomas Johannsen and his sailors were preparing for a simulated boarding operation -- a core mission for their NATO maritime unit.
https://www.marinelink.com/news/fleetex-nato-exercises-proceed-off-us-540774
https://www.marinelink.com/news/fleetex-nato-exercises-proceed-off-us-540774Today, Tuesday, June 30 2026, the Baltic Dry Index climbed 11 points, reaching 2501 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-2501-up-11-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2501-up-11-points/The US Department of the Interior has announced another settlement agreement to terminate an offshore wind lease, this time with North Carolina-based Duke Energy. As part of the settlement agreement, Duke will voluntarily terminate its offshore wind lease in the Carolina Long Bay area, valued at $129m, and reinvest that amount in additional generating capacity, …
https://splash247.com/trump-adds-duke-energy-to-offshore-wind-buyout-campaign/
https://splash247.com/trump-adds-duke-energy-to-offshore-wind-buyout-campaign/Dutch floater expert SBM Offshore has signed a contract for the construction of the seventh Fast4Ward hull with Shanghai Waigaoqiao Shipbuilding (SWS) and China Shipbuilding Trading, both subsidiaries of China State Shipbuilding Corporation (CSSC). The multi-purpose floater hull, designated MPF7, features SBM Offshore’s Fast4Ward proprietary generic standard hull design. A standard hull design for FPSO …
https://splash247.com/sbm-offshore-places-new-fpso-hull-order-with-chinese-yard/
https://splash247.com/sbm-offshore-places-new-fpso-hull-order-with-chinese-yard/