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Italian product tanker owner d’Amico International Shipping has added two MR2 product tankers to its orderbook, pressing ahead with a fleet renewal drive built around fuel efficiency and future fuels. The Milan-listed owner said its operating arm, d’Amico Tankers, has signed a shipbuilding contract with China’s Jiangsu New Yangzi Shipbuilding (YZJ) for two 50,000 dwt …
https://splash247.com/damico-doubles-down-on-mr-orders/
https://splash247.com/damico-doubles-down-on-mr-orders/Swan Defence and Heavy Industries (SDHI) has signed its first newbuild contract for six IMO Type II chemical tankers, marking a milestone for India’s commercial shipbuilding sector and the country’s first chemical tanker order placed with a domestic shipyard.The contract…
https://www.marinelink.com/news/indias-sdhi-books-m-chemical-tanker-order-534782
https://www.marinelink.com/news/indias-sdhi-books-m-chemical-tanker-order-534782Seatrium delivered FREDERICK PAUP to Manson Construction Co. Built at Seatrium’s Brownsville Texas yard, the Jones Act-compliant vessel is the largest self-propelled hopper dredger in US history.Key highlights:Largest in the U.S. – 420’ length x 81’ beam…
https://www.marinelink.com/news/largest-selfpropelled-hopper-dredger-us-534791
https://www.marinelink.com/news/largest-selfpropelled-hopper-dredger-us-534791Associated Terminals and Liebherr Maritime Cranes celebrated the christening of two CBG 500 E cranes in New Orleans, introducing the first all-electric transshipment cranes of their kind on the Lower Mississippi River. Each crane is engineered for high-volume bulk handling…
https://www.marinelink.com/news/associated-terminals-takes-a-pair-534793
https://www.marinelink.com/news/associated-terminals-takes-a-pair-534793At a general meeting of Kongsberg Gruppen on Thursday afternoon, the separation of Kongsberg Maritime was formally approved by the shareholders. The plan is to list the maritime company on the Oslo Stock Exchange on April 23.Kongsberg Gruppen ASA, as we know it today, will continue as two companies.
https://www.marinelink.com/news/kongsberg-maritime-formally-separates-534800
https://www.marinelink.com/news/kongsberg-maritime-formally-separates-534800Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the acquisition of two newbuild, 82,500 dwt, dry-bulk, Chinese, Kamsarmax class vessels, with scheduled delivery dates in the third quarter of 2028 and the first quarter of 2029. The newbuild vessels are designed to ...
https://www.hellenicshippingnews.com/safe-bulkers-inc-announces-agreement-for-the-acquisition-of-two-newbuild-kamsarmax-class-dry-bulk-vessels/Today, Friday, January 23 2026, the Baltic Dry Index climbed by 01 points, reaching 1762 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-climbs-to-1762-up-01-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1762-up-01-points/Singaporean business magnate Michael Kum has bought a stake in offshore vessel player and shipyard Marco Polo Marine via its vehicle Halom Investments. Kum bought 150m Marco Polo Marine shares from compatriot Apricot Capital, a private investment firm owned by the Teo family. The acquisition of shares was completed on Thursday for a price of …
https://splash247.com/singapore-tycoon-michael-kum-buys-into-marco-polo-marine/
https://splash247.com/singapore-tycoon-michael-kum-buys-into-marco-polo-marine/Houston-based offshore contractor McDermott has been awarded a contract by ADNOC for EPCI services on the Nasr-115 Expansion Project, located approximately 130 km off Abu Dhabi. The Nasr-115 Expansion Project is a critical component of the overall Nasr Phase II field development project expected to increase oil production capacity to 115,000 bpd by 2027. Under …
https://splash247.com/adnoc-hands-mcdermott-offshore-epci-deal-worth-up-to-1bn/
https://splash247.com/adnoc-hands-mcdermott-offshore-epci-deal-worth-up-to-1bn/Steven Jones, founder of the Seafarers Happiness Index, on shipping’s failure to nurture a new generation of crews. The latest Seafarers Happiness Index delivers a sobering reality check, despite a modest uptick in overall scores. Seafarer responses reveal a concern that the profession is failing to evolve quickly enough to improve life for new entrants …
https://splash247.com/the-seafarer-demographic-delusion/
https://splash247.com/the-seafarer-demographic-delusion/