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Indian state-owned Mazagon Dock Shipbuilders said it would buy a controlling stake in Sri Lankan peer Colombo Dockyard in a deal not exceeding $52.96 million to grow its shipbuilding and repair business.The transaction, involving the acquisition of at least 51% equity in Colombo Dockyard, will close
https://www.marinelink.com/news/india-buy-controlling-stake-colombo-527424
https://www.marinelink.com/news/india-buy-controlling-stake-colombo-527424The 110th session of the Maritime Safety Committee (MSC 110) was held from June 18 to 27, with significant progress on a new non-mandatory code of safety for autonomous ships (MASS Code).The code addresses the emerging need for a regulatory framework to ensure the safe…
https://www.marinelink.com/news/autonomous-ships-search-rescue-527425
https://www.marinelink.com/news/autonomous-ships-search-rescue-527425As there is currently a shortage of mariners, the U.S. Coast Guard has considered the barrier to mariner career progression presented by Title 46 CFR 11.211(d), Service on Articulated Tug Barges (ATB) and Integrated Tug Barges (ITB). This regulation…
https://www.marinelink.com/news/us-coast-guard-extend-credit-atb-service-527426
https://www.marinelink.com/news/us-coast-guard-extend-credit-atb-service-527426Mitsubishi Shipbuilding and Mitsui O.S.K. Lines have acquired Approval in Principle (AiP) from CLassNK for the design of their jointly developed liquefied CO2 (LCO2) and methanol carrier, a world first for this type of vessel.The vessel is based on a low-pressure LCO2 carrier.
https://www.marinelink.com/news/aip-granted-worlds-first-lco-methanol-527431
https://www.marinelink.com/news/aip-granted-worlds-first-lco-methanol-527431The Global Centre for Maritime Decarbonisation successfully completed the world’s first maritime pilot demonstrating the full value chain of onboard captured carbon dioxide (CO2) in China.The pilot encompassed two phases. In the first phase…
https://www.marinelink.com/news/gcmd-demonstrates-endtoend-value-chain-527432
https://www.marinelink.com/news/gcmd-demonstrates-endtoend-value-chain-527432Russian warships and coastal missile systems struck simulated maritime targets with cruise missiles during exercises in the Sea of Japan, TASS state news agency reported on Monday, citing Russia's defense ministry.The ships and missiles systems…
https://www.marinelink.com/news/russia-conduct-drills-sea-japan-527433
https://www.marinelink.com/news/russia-conduct-drills-sea-japan-527433The World Shipping Council (WSC) has released its annual Containers Lost at Sea report, showing that 576 containers were lost at sea in 2024.While this represents an increase from the record-low 221 containers lost in 2023, it remains well below the 10-year average of 1…
https://www.marinelink.com/news/red-sea-bypass-contributed-containers-527436
https://www.marinelink.com/news/red-sea-bypass-contributed-containers-527436Norwegian offshore vessel owner DOF has picked up two significant long-term contracts in Brazil with state-controlled oil giant Petrobras, securing more than $275m in combined value. The first contract involves the 2009-built anchor handling tug supply vessel (AHTS) Skandi Logger. The vessel will enter into a four-year contract with Petrobras starting February 2026 and will …
https://splash247.com/dof-lands-275m-in-brazilian-vessel-contracts/
https://splash247.com/dof-lands-275m-in-brazilian-vessel-contracts/In a move to bridge the shipping talent gap and advance green maritime education, China’s Seacon Shipping has signed a contract with Fujian Mawei Shipbuilding for the construction of what is being hailed as the world’s first teaching electric containership. The 406 teu vessel, designed for dual roles as both a containership and an educational …
https://splash247.com/seacon-tackles-shipping-talent-gap-with-electric-training-boxship-order/
https://splash247.com/seacon-tackles-shipping-talent-gap-with-electric-training-boxship-order/Dutch contractor Fugro has emerged as the successful bidder in four multi-year tenders from Petrobras for the inspection and monitoring of subsea infrastructure in Brazil. The contracts, worth about $340m, should start in the fourth quarter of 2025 and span four years with potential one-year extensions. The work scope will be executed using four dedicated …
https://splash247.com/fugro-scores-340m-petrobras-deal/
https://splash247.com/fugro-scores-340m-petrobras-deal/