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The U.S. Navy commissioned Independence-variant littoral combat ship USS Kingsville (LCS 36) at the Solomon P. Ortiz Center, on August 24.Kingsville, the 18th Independence-variant LCS, is the first to bear this name and pays homage to the city of Kingsville and the King Ranch.
https://www.marinelink.com/news/penultimate-independencevariant-lcs-516321
https://www.marinelink.com/news/penultimate-independencevariant-lcs-516321Esgian provides an update on drilling and demand across several regions in its Week 34 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesIthaca Energy expects results from sidetrack appraisal drilling at its K2 prospect…
https://www.marinelink.com/news/esgian-week-report-appraisal-activity-516322
https://www.marinelink.com/news/esgian-week-report-appraisal-activity-516322Shipowners and cash buyers continue to struggle with the ongoing tonnage shortage as sub-continent ship recycling markets continue down their current trajectory, says cash buyer GMS.Negativity is permeating across the industry on the back of…
https://www.marinelink.com/news/outlook-glum-ship-recyclers-516323
https://www.marinelink.com/news/outlook-glum-ship-recyclers-516323Italian prosecutors have begun an official investigation of James Cutfield, captain of the superyacht, the Bayesian, belonging to British tech magnate Mike Lynch that sank off Sicily last week, killing its owner and six others, Italian media…
https://www.marinelink.com/news/report-bayesian-captain-officially-516327
https://www.marinelink.com/news/report-bayesian-captain-officially-516327The Greek-flagged ship Sounion has been on fire since Aug. 23 after an attack by Yemen's Houthis with no obvious signs of an oil spill, EU Red Sea naval mission Aspides said in a post on X on Monday.The EU mission published photos dated Sunday…
https://www.marinelink.com/news/sounion-fire-houthi-attack-516328
https://www.marinelink.com/news/sounion-fire-houthi-attack-516328New Zealand said on Monday it would pass laws by the end of this year to reverse a ban on offshore oil and gas exploration, and take urgent steps to remove regulatory hurdles to import LNG amid energy shortages.The law would end the ban, in place since 2018, on exploration outside onshore Taranaki,
https://www.marinelink.com/news/new-zealand-reverse-oil-gas-exploration-516330
https://www.marinelink.com/news/new-zealand-reverse-oil-gas-exploration-516330Amoysailing Maritime from Xiamen in China has been nailing one ship deal after another, this time, its second top bid at an auction in months. Sources tell Splash that the Chinese owner has taken advantage of the ongoing summer lull at an online auction sale tabling $27.8 m for the 2017-built ultramax Great Spring, a …
https://splash247.com/amoysailing-maritime-seals-winning-bid-for-chinese-ultramax/
https://splash247.com/amoysailing-maritime-seals-winning-bid-for-chinese-ultramax/Clarksons Research is reporting Hong Kong shipowner Wah Kwong Maritime Transport Holdings has ordered four 113,500 dwt LR2 tankers at Hengli Heavy Industry in northeast China. No price has been revealed for the contract with the ships delivering in 2027 and 2028. The ship type is a new one for Wah Kwong. Hengli Group, a …
https://splash247.com/wah-kwong-orders-lr2s-at-hengli-heavy/
https://splash247.com/wah-kwong-orders-lr2s-at-hengli-heavy/A protracted downturn in the ship recycling sector sees just 10% of yards in Alang – the world’s top demo area – with any tonnage to be dismantled. As a result, Clarksons Research is reporting the local workforce has diminished significantly at the site on India’s west coast. “Against the backdrop of strong shipping markets …
https://splash247.com/just-10-of-demo-yards-in-alang-have-any-tonnage-to-dismantle/
https://splash247.com/just-10-of-demo-yards-in-alang-have-any-tonnage-to-dismantle/Thailand’s Regional Container Lines (RCL) has ordered an additional pair of 4,300 teu ships with MB Shipbrokers reporting the line has returned to CSSC Huangpu Wenchong for this latest fleet expansion. The ships are priced at an estimated $60m per vessel basis delivery in Q4 2027 and Q1 2028. This brings RCL to 8 sister …
https://splash247.com/regional-container-lines-adds-another-pair-of-boxships-at-huangpu-wenchong/
https://splash247.com/regional-container-lines-adds-another-pair-of-boxships-at-huangpu-wenchong/