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Mitsui O.S.K. Lines (MOL) has secured an approval in principle (AiP) from ClassNK for the basic design of specialized vessels to joint and bury subsea power cables.MOL is working with Sumitomo Electric Industries, Furukawa Electric and Nippon…
https://www.marinelink.com/news/mol-gets-classnk-approval-jointing-burial-533847
https://www.marinelink.com/news/mol-gets-classnk-approval-jointing-burial-533847Norwegian offshore vessel owner Eidesvik Offshore has secured a contract for its Viking Princess platform supply vessel (PSV).The contract has been signed with operators DNO Norge, Sval Energi, which is another DNO subsidiary, and Wellesley…
https://www.marinelink.com/news/eidesvik-offshore-secures-work-viking-533851
https://www.marinelink.com/news/eidesvik-offshore-secures-work-viking-533851Phoenix's International (Phoenix) recently assisted the Naval Sea System Command (NAVSEA) Supervisor of Salvage and Diving (SUPSALV) with the successful recovery of an MH-60R helicopter and an F/A-18F Super Hornet fighter aircraft. The two aircraft…
https://www.marinelink.com/news/phoenix-assists-us-navy-aircraft-recovery-533856
https://www.marinelink.com/news/phoenix-assists-us-navy-aircraft-recovery-533856The U.S. Coast Guard is waiting for additional forces to arrive before potentially attempting to board and seize a Venezuela-linked oil tanker it has been pursuing since Sunday, a U.S. official and a source familiar with the matter told Reuters.The ship…
https://www.marinelink.com/news/uscg-awaits-additional-forces-seizing-533857
https://www.marinelink.com/news/uscg-awaits-additional-forces-seizing-533857Dalian iron ore futures finished higher on Wednesday after a session of directionless trading, as China’s plans to stabilise its property sector outweighed pressure from a decline in global crude steel output. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) closed day trade 0.26% higher at 779.5 yuan ($111.07) a metric ...
https://www.hellenicshippingnews.com/dalian-iron-ore-ends-higher-on-china-property-sector-hopes/
https://www.hellenicshippingnews.com/dalian-iron-ore-ends-higher-on-china-property-sector-hopes/Dry bulk tonne-days reached record highs in 2025, exceeding previous historical peaks, up around 4% year on year and close to 9% compared with 2023, highlighting the role of distance-driven demand in supporting vessel utilisation. The increase in tonne-days has been driven primarily by iron ore trade, reflecting the impact of long-haul Atlantic basin exports ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-tonne-day-developments-and-freight-market-year-end-signals/The dry bulk market ended 2025 in an “old school” way, with recovery underway. In its latest weekly report, shipbroker Xclusiv said that “dry bulk closed 2025 in a very “old-school” way: not through a demand explosion, but through utilisation tightening, timing and just enough friction to turn small shifts into big rate moves. The ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-an-old-school-end-to-the-year/
https://www.hellenicshippingnews.com/dry-bulk-shipping-an-old-school-end-to-the-year/London-listed liftboat operator Gulf Marine Services (GMS) has won new contracts for two of its vessels. The contracts cover the use of two Large-class vessels in Europe. It spans a total of 985 days and will see the vessels continue to support offshore operations across the region. Following this award, GMS’s contracted backlog has increased …
https://splash247.com/gulf-marine-services-wins-european-contracts-for-liftboat-pair/
https://splash247.com/gulf-marine-services-wins-european-contracts-for-liftboat-pair/Norwegian offshore vessel owner Eidesvik Offshore has secured a contract for one of its platform supply vessels (PSV). The company won a contract with DNO Norge, and its partners Sval Energi and Wellesley Petroleum, for the use of the 2012-built Viking Princess PSV. The deal covers a campaign alongside the Deepsea Yantai drilling rig. Estimated …
https://splash247.com/eidesvik-offshore-lands-psv-contract-with-dno/
https://splash247.com/eidesvik-offshore-lands-psv-contract-with-dno/Offshore engineering and services player Subsea7 has won a deal from US exploration and production company LLOG Exploration for work on the Buckskin South Expansion project. The scope of work includes the transportation and installation of a subsea umbilical and a rigid flowline in water depths of up to 2,100 m. Project management and engineering …
https://splash247.com/llog-awards-installation-work-on-us-gulf-of-mexico-field-to-subsea7/
https://splash247.com/llog-awards-installation-work-on-us-gulf-of-mexico-field-to-subsea7/