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Japan’s Mitsui OSK Lines (MOL) has obtained approval in principle (AiP) from a classification society, Lloyd’s Register (LR), for two new designs of a membrane-type LNG carrier equipped with four Wind Challengers, a hard sail wind-assisted propulsion system. In addition, safety evaluations were conducted in collaboration with the respective flag states. As a result, this …
https://splash247.com/mol-debuts-radical-new-lng-carrier-design/
https://splash247.com/mol-debuts-radical-new-lng-carrier-design/Ningbo Ocean Shipping has revealed a plan to invest around CNY2.9bn ($406.5m) via its Singapore arm to set up two more subsidiaries in the country to further grow its fleet. The company will invest CNY1.2bn ($168.2m) to establish Ningbo Ocean Shipping Singapore Longitude and CNY1.7bn ($238.3m) to set up Ningbo Ocean Shipping Singapore Latitude. The …
https://splash247.com/ningbo-ocean-shipping-looks-to-singapore-for-global-fleet-expansion/
https://splash247.com/ningbo-ocean-shipping-looks-to-singapore-for-global-fleet-expansion/Offshore wind developer Orsted won shareholder approval on Friday for a $9.4 billion emergency rights issue to help fund U.S. projects thrown into uncertainty by President Donald Trump's opposition to the renewable energy source.The stakes are high for the Danish state-controlled firm…
https://www.marinelink.com/news/orsted-gets-goahead-b-emergency-rights-529710
https://www.marinelink.com/news/orsted-gets-goahead-b-emergency-rights-529710Mitsui O.S.K. Lines (MOL) has secured approval in principle (AiP) from a Lloyd's Register (LR) for two new different designs of a membrane-type LNG carrier equipped with four units of Wind Challenger, a hard sail wind assisted propulsion system.The AiP covers a new vessel design…
https://www.marinelink.com/news/lloyds-register-clears-mols-design-wind-529714
https://www.marinelink.com/news/lloyds-register-clears-mols-design-wind-529714Petrodec’s newly constructed heavy lift jack-up vessel, named Obana, has started decommissioning work in the Southern North Sea for Perenco.Obana is working on the decommissioning of the Galahad platform, after which it will move to the Amethyst field for the removal of the C1D…
https://www.marinelink.com/news/giant-jackup-vessel-newbuild-starts-decom-529715
https://www.marinelink.com/news/giant-jackup-vessel-newbuild-starts-decom-529715Germany-based Bernhard Schulte Offshore (BSO) has taken delivery of its newest Commissioning Service Operation Vessel (CSOV), built by Ulstein Verft in Norway.The vessel, named Windea Clausius, was officially christened on September 4, and will…
https://www.marinelink.com/news/bernhard-schulte-takes-delivery-second-529716
https://www.marinelink.com/news/bernhard-schulte-takes-delivery-second-529716ClassNK has issued an approval in principle (AiP) for an ammonia-fueled LPG/NH3 carrier, applied for jointly by Kawasaki Heavy Industries and MITSUI E&S.The certification demonstrates its feasibility from regulatory and safety perspectives.Ammonia…
https://www.marinelink.com/news/classnk-okays-ammoniafueled-gas-carrier-529723
https://www.marinelink.com/news/classnk-okays-ammoniafueled-gas-carrier-529723Singapore-based marine logistics firm Marco Polo has hired Norwegian ship designer Salt Ship Design to design the CSOV Plus, the next-generation commissioning service operation vessel (CSOV) for oil and gas and offshore wind sectors.The contract…
https://www.marinelink.com/news/marco-polo-picks-salt-ship-design-nextgen-529724
https://www.marinelink.com/news/marco-polo-picks-salt-ship-design-nextgen-529724Today, Friday, September 05 2025, the Baltic Dry Index climbed by 16 points, reaching 1979 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-1979-up-16-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1979-up-16-points/Today, Monday, September 08 2025, the Baltic Dry Index climbed by 40 points, reaching 2019 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-2019-up-40-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2019-up-40-points/