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Coal gasification is increasingly emerging as an additional driver of coal trade and dry bulk shipping demand. While it is unlikely to fundamentally reverse the long-term transition away from coal, it is gradually creating new industrial demand beyond conventional thermal power generation. This is particularly evident in countries such as India, which are seeking greater ...
https://www.hellenicshippingnews.com/indias-coal-gasification-drive-adds-fresh-momentum-to-the-coal-trade-and-bulk-shipping/Jinhui Shipping and Transportation has expanded its ultramax newbuilding programme with an order for two more bulk carriers at China’s New Dayang Shipbuilding. The Oslo-listed, Hong Kong-based owner has contracted a pair of 64,100 dwt vessels at the Sumec Marine-controlled yard for a combined price of $68m, according to stock exchange filings. The ships are …
https://splash247.com/jinhuis-ultramax-ordering-spree-rolls-on/
https://splash247.com/jinhuis-ultramax-ordering-spree-rolls-on/French-based engineering and technology company Technip Energies has been awarded an EPCIC contract by the Eni-led Mozambique Rovuma Venture for the Coral Norte FLNG project. The contract, won in partnership with JGC and Samsung Heavy, represents a major award for the company, placing it in the region of above €1bn ($1.15bn) in revenue. This reflects …
https://splash247.com/technip-energies-secures-major-role-on-mozambique-flng-project/
https://splash247.com/technip-energies-secures-major-role-on-mozambique-flng-project/Italian major Eni and Malaysian state-owned company Petronas have formed Searah, a new 50-50 joint venture combining key businesses across Indonesia and Malaysia. The JV was officially established seven months after the investment agreement was signed in November 2025, and 16 months after the MoU in February 2025. All Eni Indonesia and Petronas Indonesia staff …
https://splash247.com/eni-and-petronas-create-southeast-asia-upstream-powerhouse/
https://splash247.com/eni-and-petronas-create-southeast-asia-upstream-powerhouse/The OranjeWind project, a joint venture between RWE and TotalEnergies, and Purus have signed a five-year charter agreement to operate the CSOV Purus Power. The vessel will be used for planned and unplanned maintenance work within the OranjeWind offshore wind farm. The deal has options to extend past the fixed five years. The 88-m Purus …
https://splash247.com/purus-csov-wins-work-on-dutch-offshore-wind-project/
https://splash247.com/purus-csov-wins-work-on-dutch-offshore-wind-project/Oil prices jumped more than $4 on Monday, with investors spooked by fresh Israeli strikes on Iran as well as renewed attacks on Lebanon a day earlier.Brent crude futures LCOc1 rose $4.42 or 4.47% to $97.15 a barrel as of 0609 GMT, while U.S.
https://www.marinelink.com/news/oil-shoots-israel-expands-strikes-against-540029
https://www.marinelink.com/news/oil-shoots-israel-expands-strikes-against-540029The OranjeWind offshore wind project, a joint venture between RWE and TotalEnergies, has signed a five-year charter agreement with Purus for the construction and service operation vessel (CSOV) Purus Power.The vessel will support planned and…
https://www.marinelink.com/news/oranjewind-signs-longterm-csov-charter-540035
https://www.marinelink.com/news/oranjewind-signs-longterm-csov-charter-540035A bulk carrier managed by Wallem Group has rescued two Filipino fishermen from a sinking fishing boat near the Babuyan Islands off the Philippines while on a voyage from Australia to Vietnam.The vessel was carrying 80,000 tonnes of coal from Abbot Point…
https://www.marinelink.com/news/bulk-carrier-crew-saves-fishermen-sinking-540037
https://www.marinelink.com/news/bulk-carrier-crew-saves-fishermen-sinking-540037Sallaum Lines has taken delivery of two new Pure Car and Truck Carriers (PCTCs), the MV Ocean Express and MV Ocean Navigator, in the largest single-day milestone of its Ocean Class fleet expansion program.The vessels were built by China Merchants…
https://www.marinelink.com/news/sallaum-takes-delivery-lng-dualfueled-car-540038
https://www.marinelink.com/news/sallaum-takes-delivery-lng-dualfueled-car-540038Norway-based TMC Compressors has secured a contract from Yantai CIMC Raffles Offshore to supply marine compressed air systems for two subsea rock installation vessels being built for Dutch marine contractor Van Oord.Under the contract, TMC will…
https://www.marinelink.com/news/van-oords-new-rock-installation-vessels-540040
https://www.marinelink.com/news/van-oords-new-rock-installation-vessels-540040