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Indonesian offshore vessel operator PT Wintermar Offshore Marine (WINS) has acquired the remaining stakes in Singapore-based Fast Offshore Supply (FOS) and its subsidiary PT Fast Offshore Indonesia (FOI), gaining full control of both companies…
https://www.marinelink.com/news/wintermar-takes-full-control-fast-540606
https://www.marinelink.com/news/wintermar-takes-full-control-fast-540606MSC Cruises and MEYER WERFT have issued the following joint statement regarding the current status of negotiations on the major contract for MEYER WERFT to build four next-generation cruise ships, plus two options:“In December 2025, MEYER WERFT…
https://www.marinelink.com/news/msc-cruises-meyer-werft-continue-540608
https://www.marinelink.com/news/msc-cruises-meyer-werft-continue-540608Today, Wednesday, June 24 2026, the Baltic Dry Index decreased by 33 points, reaching 2634 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 ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2634-down-33-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-2634-down-33-points/Italian cabling giant Prysmian has been awarded a framework agreement with the Greek electricity grid operator IPTO valued at around €910m ($1.03bn), to develop electrical interconnections for the Dodecanese and North Aegean islands in Greece. The project will support energy infrastructure in Greece and benefit the islands and the national economy by improving the reliability …
https://splash247.com/prysmian-bags-1bn-contract-for-greek-power-links/
https://splash247.com/prysmian-bags-1bn-contract-for-greek-power-links/Turkey has moved a step closer to launching its first large-scale offshore wind programme, publishing draft rules for a 1GW auction that will grant investors a 49-year right to develop and operate a project in one of four candidate sea areas. The so-called YEKA OWPP‑2026 draft specification, now out for public consultation, sets a price …
https://splash247.com/turkey-unveils-draft-rules-for-first-1gw-offshore-wind-auction/
https://splash247.com/turkey-unveils-draft-rules-for-first-1gw-offshore-wind-auction/A proposal to recognise carbon mineralisation as a form of permanent carbon storage for shipping has received in-principle support at the International Maritime Organization (IMO), potentially opening a new pathway for onboard carbon capture and storage (OCCS) systems. The proposal, led by Shanghai Qiyao Technology Group and submitted during the IMO’s Marine Environment Protection Committee …
https://splash247.com/imo-backs-mineralisation-pathway-for-onboard-carbon-capture/
https://splash247.com/imo-backs-mineralisation-pathway-for-onboard-carbon-capture/Singapore-based Asiatic Lloyd has returned to the larger product tanker segment with a deal for three LR2 newbuildings at HD Hyundai’s Philippines yard. Shipbuilding sources have linked the Bunnemann family-controlled owner to three 115,000 dwt tankers priced at about $73m each. The vessels are expected to deliver in 2028 and 2029. No official announcement has …
https://splash247.com/asiatic-lloyd-signs-up-for-three-lr2-tankers/
https://splash247.com/asiatic-lloyd-signs-up-for-three-lr2-tankers/Turkish owner Yasa Holding is being linked to its first VLCC newbuilding order as contracting in the supertanker segment continues to gather pace. No official confirmation has been issued by the owner or the yard, but newbuilding sources suggest the Sabanci family-controlled group has agreed to build four 319,000 dwt units at Jiangsu New Hantong …
https://splash247.com/yasa-tipped-for-debut-vlcc-order/
https://splash247.com/yasa-tipped-for-debut-vlcc-order/A new dry bulk shipping venture has been launched in Dubai by two well-known industry figures. Mayborne Bulk has been founded by Jesper Lollesgaard and Parikshit Sial. The company will operate an asset-light business model focused on chartering-in vessels and building a commercially controlled fleet over time, with a particular emphasis on the handy, supramax …
https://splash247.com/new-dry-bulk-outfit-emerges-in-dubai/
https://splash247.com/new-dry-bulk-outfit-emerges-in-dubai/As environmental ambitions are quietly being pushed aside by geopolitics, energy security concerns and economic realities, shipping risks making a costly mistake if it allows the social pillar of ESG to fade into the background, argues Mark O’Neil. It is a sad truism that geopolitical tensions, the Iran conflict, energy security anxieties and sluggish national …
https://splash247.com/its-time-to-put-the-s-back-into-esg/
https://splash247.com/its-time-to-put-the-s-back-into-esg/