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Brazil’s Federal Audit Court (TCU) has thrown up a major hurdle for global terminal operators at the Port of Santos, voting to bar current concessionaires from taking part in the first phase of bidding for the port’s planned mega container terminal. In a six-to-three decision on Monday, the TCU said operators already active in Santos …
Lomarlabs, the venture catalyst created by UK-based shipping company Lomar, is collaborating with Ireland’s Advanced Wing Systems to advance the adaptation of its sail technology into a containerised, automated system. Advanced Wing Systems is a pioneer of semi-rigid wing sails, offering many of the aerodynamic advantages of rigid wings but with fewer operational constraints. Its …
https://splash247.com/containerised-rentable-sail-solution-comes-to-market/
https://splash247.com/containerised-rentable-sail-solution-comes-to-market/Wind-propulsion outfit bound4blue has closed a $44m funding round, securing backing from a heavyweight mix of maritime corporates, shipowning families, climate-focused investors and government capital as demand for retrofittable decarbonisation technology accelerates across the global fleet. The round was led by OCTAVE Capital — an investment platform linked to the Tsao family’s IMC — and …
https://splash247.com/prince-albert-joins-shipping-royalty-investing-in-bound4blue/
https://splash247.com/prince-albert-joins-shipping-royalty-investing-in-bound4blue/Offshore contracting giant TechnipFMC has been awarded a contract by Ithaca Energy for flexible risers on the Captain development in the UK North Sea. According to the terms of the contract, TechnipFMC will design, manufacture, and install flexible risers, flowlines, and associated hardware. Financial details were not fully revealed. However, the deal was described as …
https://splash247.com/ithaca-taps-technipfmc-for-subsea-work-on-uk-north-sea-field/
https://splash247.com/ithaca-taps-technipfmc-for-subsea-work-on-uk-north-sea-field/Everllence, the German engine manufacturer formerly known as MAN, has successfully run its ethanol-fuelled 21/31 dual-fuel engine at test facilities in Frederikshavn. The company was the first engine manufacturer to launch a small-bore, four-stroke, methanol-burning engine in 2024, known as the 21/31DF-M unit. Several are already in commercial operation. The company continued work on the 21/31 …
https://splash247.com/everllence-successfully-tests-ethanol-fuelled-dual-fuel-engine/
https://splash247.com/everllence-successfully-tests-ethanol-fuelled-dual-fuel-engine/Jinhui Shipping and Transportation has added another ultramax to its growing newbuild programme in China, returning to Jiangmen Nanyang Ship Engineering for a 64,500 dwt bulker priced at $33.45m. The Oslo-listed, Hong Kong-based owner placed the order only months after committing $99.15m at the same yard for three sister vessels of identical specification, all slated …
https://splash247.com/jinhui-keeps-up-fleet-renewal-push-with-another-ultramax-newbuild/
https://splash247.com/jinhui-keeps-up-fleet-renewal-push-with-another-ultramax-newbuild/British class society Lloyd’s Register (LR) and Greek shipowner Latsco have completed a proof-of-concept for a new standard in digital class assurance with data-driven surveys. This collaboration aims to demonstrate how verified operational vessel data can fully meet class survey requirements, without compromising safety, integrity, or technical rigour. The proof-of-concept was conducted on the 2017-built …
Dong Fang Offshore (DFO), one of Asia’s largest offshore wind service providers, has signed a major shipbuilding contract with Norwegian yard Westcon for a new subsea and cable lay vessel (CLV), set for delivery in 2027.Westcon will take over…
https://www.marinelink.com/news/dong-fang-offshore-picks-westcon-new-clv-533285
https://www.marinelink.com/news/dong-fang-offshore-picks-westcon-new-clv-533285A federal judge on Monday struck down an order by U.S. President Donald Trump's administration to halt all federal approvals for new wind energy projects, saying that agencies' efforts to implement his directive were unlawful and arbitrary.Agencies including the U.S.
https://www.marinelink.com/news/us-judge-overturns-trumps-freeze-wind-533290
https://www.marinelink.com/news/us-judge-overturns-trumps-freeze-wind-533290In October, a German navy ship completed sensor accuracy testing at the Naval Undersea Warfare Center (NUWC) Division Newport’s Atlantic Undersea Test and Evaluation Center (AUTEC) for the first time, marking a milestone for both Germany and…
https://www.marinelink.com/news/nuwc-division-newports-autec-range-533297
https://www.marinelink.com/news/nuwc-division-newports-autec-range-533297