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Gas shipowner and operator Seapeak has placed an order for two LNG carrier newbuildings at Samsung Heavy Industries (SHI), with the vessels tied to long-term employment. The South Korean yard said the ships will be delivered by September 2028, with a combined contract value of about $499m. The latest order further deepens the long-running relationship …
https://splash247.com/seapeak-returns-to-samsung-for-pair-of-lng-carriers/
https://splash247.com/seapeak-returns-to-samsung-for-pair-of-lng-carriers/China’s surging shipbuilding scene has seen the reopening of yet another mothballed yard. Nanjing Dongze Shipyard now has new ownership in the form of mighty China Merchants, one of the country’s top shipbuilding conglomerates. Nanjing Dongze, a modest independent yard on the Yangtze that delivered small cargo vessels until it ceased operations in 2017, had …
https://splash247.com/nanjing-dongze-shipyard-returns-to-life/
https://splash247.com/nanjing-dongze-shipyard-returns-to-life/Greek shipowner Evangelos Marinakis is pressing ahead with his shipbuilding drive, with Capital Maritime striking a combined tanker and bulker newbuilding deal in China. The Athens-based group has signed contracts covering two VLCCs and four capesize bulk carriers. Delivery details and pricing have not been disclosed, but the deal is estimated at roughly $540m. The …
https://splash247.com/capital-lines-up-vlcc-and-capesize-newbuilds-at-hengli/
https://splash247.com/capital-lines-up-vlcc-and-capesize-newbuilds-at-hengli/Palau’s government has moved to nationalise the Palau Open Ship Registry following sanctions imposed on the private company that had been operating the flag. Palau’s Ministry of Public Infrastructure and Industries (MPII) said the registry continues to operate normally under the direct authority of the government of the republic of Palau, with all services now …
https://splash247.com/palau-nationalises-ship-registry-after-private-operator-hit-by-sanctions/
https://splash247.com/palau-nationalises-ship-registry-after-private-operator-hit-by-sanctions/Baltic littoral states are on high alert as a fresh round of attacks on subsea infrastructure ripples across the region, with authorities in Latvia and Finland probing separate incidents involving damaged undersea telecommunications cables and suspected vessel involvement. Latvian police said an undersea telecoms cable in the Baltic Sea was damaged on Friday, prompting investigators …
https://splash247.com/baltic-states-on-high-alert-after-fresh-subsea-cable-damage-incidents/
https://splash247.com/baltic-states-on-high-alert-after-fresh-subsea-cable-damage-incidents/The global tanker market is grappling with fresh uncertainty after the arrest of Venezuelan president Nicolás Maduro in a dramatic US military operation over the weekend, an event that has effectively frozen the country’s oil exports and reinforced Washington’s hardline approach to maritime enforcement. Speaking after the operation, US president Donald Trump said the United …
https://splash247.com/tanker-trade-freezes-as-maduro-arrest-deepens-venezuela-oil-paralysis/
https://splash247.com/tanker-trade-freezes-as-maduro-arrest-deepens-venezuela-oil-paralysis/Venezuela's state-run oil company PDVSA has begun cutting crude production because it is running out of storage capacity due to an ongoing U.S. oil blockade that has reduced exports to zero, piling more pressure on an interim government trying to hang onto power in the face of U.S.
https://www.marinelink.com/news/venezuela-cut-oil-output-533993
https://www.marinelink.com/news/venezuela-cut-oil-output-533993An undersea telecoms cable was damaged in the Baltic Sea on Friday, and Latvian investigators on Sunday boarded a ship in connection with the incident, the country's state police said in a statement.The Baltic Sea region is on high alert after a string of power cable, telecom link and gas pipeline o
https://www.marinelink.com/news/latvia-police-board-vessel-baltic-sea-533994
https://www.marinelink.com/news/latvia-police-board-vessel-baltic-sea-533994HD Hyundai Heavy Industries, Engine & Machinery (HHI-EMD) has successfully verified that its HiMSEN engine can operate stably on ethanol fuel.The company conducted the tests on its 4-stroke methanol dual-fuel engine platform (H32DF-LM) and confirmed…
https://www.marinelink.com/news/hhiemd-runs-fourstroke-ethanol-full-load-533995
https://www.marinelink.com/news/hhiemd-runs-fourstroke-ethanol-full-load-533995The Australian Maritime Safety Authority (AMSA) has detained the Australian flagged vessel Coral Adventurer, that grounded on December 27 off the coast in Papua New Guinea (PNG).The Coral Adventurer was carrying 80 passengers and 44 staff when…
https://www.marinelink.com/news/coral-adventurer-detained-png-grounding-533996
https://www.marinelink.com/news/coral-adventurer-detained-png-grounding-533996