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The captain of a Russian shadow fleet vessel intercepted by British commandos was charged with contravening sanctions, Britain's National Crime Agency said on Monday.Ajay Pant, an Indian national, was charged with "directly or indirectly supplying…
https://www.marinelink.com/news/uk-charges-captain-russian-shadow-fleet-540321
https://www.marinelink.com/news/uk-charges-captain-russian-shadow-fleet-540321The Baltic Exchange dry bulk freight index decreased 0.3% to 2720 on Monday, the lowest since April 30. The capesize index, which typically transport 150,000-ton cargoes including iron ore and coal, fell 1.3% to 4053. On the other hand, the panamax index, which usually carry 60,000 to 70,000 tons of coal or grain, increased 0.4% ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-over-6-week-low/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-over-6-week-low/HD Hyundai Heavy Industries has signed a cooperation agreement with Malcon to develop Korea-type offshore wind support vessels. Under this agreement, the two companies plan to jointly develop an eco-friendly Korea-type SOV optimised for the operational environment of domestic offshore wind farms and to pursue approval in principle from the Korean Register. HD Korea Shipbuilding …
https://splash247.com/hd-hyundai-and-malcon-team-up-on-korean-offshore-wind-vessel-design/
https://splash247.com/hd-hyundai-and-malcon-team-up-on-korean-offshore-wind-vessel-design/Evangelos Marinakis-backed Capital Tankers is expanding its fleet once again, agreeing to acquire three VLCC newbuilding contracts from parent company Capital Maritime & Trading Corp. The Oslo-listed tanker owner said the vessels are under construction at China’s Hengli Shipbuilding and are scheduled for delivery in September, October and November 2027. The shipbuilding contracts were originally …
https://splash247.com/capital-tankers-adds-three-vlcc-newbuilds-from-marinakis-affiliate/
https://splash247.com/capital-tankers-adds-three-vlcc-newbuilds-from-marinakis-affiliate/The Renewables Infrastructure Group Limited (TRIG) will dispose of its entire stake in the 588MW Beatrice offshore wind farm for around £155m ($208.2m) after receiving a binding offer from a co-shareholder. TRIG agreed to dispose of the 17.5% stake in the Beatrice offshore wind farm located off the north-east coast of Scotland to funds managed …
https://splash247.com/scottish-offshore-wind-farm-stake-changes-hands-in-208m-deal/
https://splash247.com/scottish-offshore-wind-farm-stake-changes-hands-in-208m-deal/Car carrier owner Sallaum Lines has signed a contract for two firm and two optional 8,600 ceu newbuilds, marking the owner’s largest vessel size to date and another step in its ongoing fleet expansion programme. The order has been placed with Xiamen Shipbuilding Industry for PCTCs designed to operate on LNG, VLSFO and MGO, with …
https://splash247.com/sallaum-lines-books-its-largest-car-carriers-to-date/
https://splash247.com/sallaum-lines-books-its-largest-car-carriers-to-date/Brazilian offshore vessel owner OceanPact has signed a R$443.7m ($88.75m) contract with Petrobras to execute specialised pull-out and collection services for flexible lines in the decommissioning of stationary production units. Work under the contract, awarded after a public competitive process, will focus on the risers of the P-18 platform in the Marlim field of the …
https://splash247.com/petrobras-taps-oceanpact-for-marlim-field-decom-campaign/
https://splash247.com/petrobras-taps-oceanpact-for-marlim-field-decom-campaign/South Korean owner Pan Ocean has emerged as the buyer behind a four-vessel VLCC order at compatriot shipbuilder Hanwha Ocean. Hanwha Ocean disclosed on Friday that it had secured a KRW800.1bn ($524m) contract from an unnamed Asian shipping company for four very large crude carriers. Multiple shipbuilding sources have since identified the owner as Harim …
https://splash247.com/pan-ocean-linked-to-four-vlcc-order-at-hanwha-ocean/
https://splash247.com/pan-ocean-linked-to-four-vlcc-order-at-hanwha-ocean/Oil prices slipped to a three-month low on Monday after U.S. President Donald Trump and Iran's deputy foreign minister said they had reached an initial deal to end the war and to resume traffic through the Strait of Hormuz.Brent crude futures LCOc1 fell $3.65…
https://www.marinelink.com/news/oil-slumps-usiran-reach-initial-peace-540289
https://www.marinelink.com/news/oil-slumps-usiran-reach-initial-peace-540289Japanese shippers welcomed on Monday the U.S.-Iran peace agreement which will reopen the Strait of Hormuz but are awaiting more details of the deal and clearance of mines before allowing their ships to pass the chokepoint.According to the association…
https://www.marinelink.com/news/japans-shipping-industry-awaits-540292
https://www.marinelink.com/news/japans-shipping-industry-awaits-540292