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Naval architecture firm MAURIC has reached a new milestone in its development plan by establishing its presence in Southeast Asia. Marin Guillo, newly appointed Business Developer for MAURIC, has taken up residence at Changi Business Park, Singapore…
https://www.marinelink.com/news/mauric-sets-sail-southeast-asia-528299
https://www.marinelink.com/news/mauric-sets-sail-southeast-asia-528299A recent oil spill on the Delaware River starkly underscored the critical need for effective communication when completing the required Declaration of Inspection (DOI) prior to an oil transfer in accordance with Title 33, Code of Federal Regulations (CFR), §156.120 (33 CFR156.120).
https://www.marinelink.com/news/uscg-communication-key-completing-a-528301
https://www.marinelink.com/news/uscg-communication-key-completing-a-528301Today, Thursday, July 24 2025, the Baltic Dry Index climbed by 138 points, reaching 2258 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-2258-up-138-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2258-up-138-points/Oslo-listed offshore contractor Subsea 7 has won a third contract in as many weeks. The project involves engineering and offshore installation of flexible pipes, umbilicals, subsea equipment, and a mooring system. Project management and engineering activities will begin immediately at Subsea 7’s office in Houston, Texas, with offshore operations expected to start in 2027. The …
https://splash247.com/subsea-7-continues-hot-streak-with-new-contract-win/
https://splash247.com/subsea-7-continues-hot-streak-with-new-contract-win/Norwegian energy major Equinor has recorded a $995m impairment on its US offshore wind ventures, regardless of US president Donald Trump allowing the construction of the $5bn Empire Wind project to restart. Equinor said that the write-down was due to the removal of key investment tax credits for new renewable developments and growing uncertainty over …
https://splash247.com/us-policy-shift-forces-equinor-to-book-1bn-us-offshore-wind-impairment/
https://splash247.com/us-policy-shift-forces-equinor-to-book-1bn-us-offshore-wind-impairment/Italian offshore engineering and construction giant Saipem and offshore engineering and services player Subsea 7 have signed a binding merger agreement between the two companies. The terms and conditions of the merger are in line with an agreement in principle on the key terms of the merger signed on February 23, 2025. The merger deal …
Matthieu de Tugny, executive vice president at Bureau Veritas, has a new book out called Toward a sustainable blue economy, which addresses the complex challenges that the industry currently faces in its pursuit of more sustainable operations, whilst also looking at the need for industry-wide transformation in how we finance, fuel and operate the global …
https://splash247.com/rethinking-shippings-systems-to-unlock-a-sustainable-blue-economy/
https://splash247.com/rethinking-shippings-systems-to-unlock-a-sustainable-blue-economy/Hong Kong is giving its maritime waste disposal system a significant overhaul, with new vessels and cranes on the way to modernise the city’s containerised garbage transport network. Chinese equipment giant Shanghai Zhenhua Heavy Industries Company (ZPMC) has shipped four specialised ship-to-shore gantry cranes to Hong Kong, designed to support the city’s unique waterborne waste …
https://splash247.com/hong-kong-upgrades-waterborne-waste-transport-with-new-ships-and-cranes/
https://splash247.com/hong-kong-upgrades-waterborne-waste-transport-with-new-ships-and-cranes/UK-based shipbroking house Clarksons has expanded its derivatives arm with the launch of a dedicated desk for container freight forward agreements (FFAs), marking a significant move into a growing segment of the freight risk management market. The new container FFA desk will be led by Peter Stallion, who joins the London office with a strong …
https://splash247.com/clarksons-moves-into-container-ffa-market-with-new-derivatives-desk/
https://splash247.com/clarksons-moves-into-container-ffa-market-with-new-derivatives-desk/A group of major shipping and marine fuel companies has launched a self-regulatory initiative aimed at increasing transparency and trust in the bunkering process, starting in the Amsterdam-Rotterdam-Antwerp (ARA) region, the world’s second-largest and Europe’s largest bunkering hub. The Bunkering Services Initiative, backed by companies including Cargill, Frontline, Hafnia, Hapag-Lloyd, Mercuria, Minerva Bunkering, Oldendorff, Trafigura, …
https://splash247.com/big-names-back-fuel-reform-drive-in-europes-largest-bunkering-hub/
https://splash247.com/big-names-back-fuel-reform-drive-in-europes-largest-bunkering-hub/