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Norsepower has won the contract to install rotor sails on a pair of methanol-fuelled VLCCs in a world-first for shipping. Japan’s Idemitsu Tanker first revealed its contract to build these new-look ships in May this year, signing with Japan Marine United Corporation (JMU) and Nihon Shipyard for the tankers, costing $135m each. Today, it was …
https://splash247.com/norsepower-wins-contract-to-install-rotor-sails-on-two-japanese-vlccs/
https://splash247.com/norsepower-wins-contract-to-install-rotor-sails-on-two-japanese-vlccs/Jinhui Shipping & Transportation has sold another ageing supramax as it continues to refresh its fleet. The Oslo-listed, Hong Kong-based owner confirmed it has agreed to divest the 2012-built 56,361 dwt Jin Bi in a $14.4m deal with Hong Kong buyer Xing Le Investments. Delivery is scheduled between December 15, 2025, and January 30, 2026. …
https://splash247.com/jinhui-cashes-in-on-ageing-supramax-as-fleet-overhaul-rolls-on/
https://splash247.com/jinhui-cashes-in-on-ageing-supramax-as-fleet-overhaul-rolls-on/Floatel International has selected Semco Maritime’s Hanøytangen facility outside Bergen in Norway, to perform a series of modifications and service works on the Floatel Endurance rig ahead of an upcoming contract on the Norwegian Continental…
https://www.marinelink.com/news/semco-maritime-work-floatel-endurance-rig-533036
https://www.marinelink.com/news/semco-maritime-work-floatel-endurance-rig-533036Global energy and marine consultancy ABL has partnered up with Egypt’s Petroleum Marine Services (PMS) to introduce a unified rig moving service in the Red Sea and Gulf of Suez, with the support of the Egyptian General Petroleum Corporation…
https://www.marinelink.com/news/abl-pms-set-rig-moving-partnership-red-533037
https://www.marinelink.com/news/abl-pms-set-rig-moving-partnership-red-533037Fincantieri has signed a memorandum of understanding with Italy’s metalworker unions to establish a new framework governing its production model and supply-chain contracting system, marking the conclusion of a process launched at the beginning…
https://www.marinelink.com/news/fincantieri-inks-supplychain-production-533041
https://www.marinelink.com/news/fincantieri-inks-supplychain-production-533041Nippon Paint Marine has signed a technical collaboration agreement with Lloyd’s Register Advisory to assess long-term speed-loss performance of its FASTAR and AQUATERRAS hull coatings in service.Lloyd’s Register Advisory, which provides independent ship-performance consultancy…
https://www.marinelink.com/news/nippon-paint-marine-taps-lloyds-register-533043
https://www.marinelink.com/news/nippon-paint-marine-taps-lloyds-register-533043Methanol is emerging as a practical alternative fuel for deep-sea shipping as engines and technical systems reach high readiness levels, but high costs and limited supply continue to constrain wider adoption, classification society DNV said…
https://www.marinelink.com/news/dnv-methanol-emerging-scalable-marine-533045
https://www.marinelink.com/news/dnv-methanol-emerging-scalable-marine-533045Sticking to legacy tactics won't beat China — adopt Secretary Hegseth's and the Army initiatives or surrender the edge.In a recent address, Admiral Christopher Grady, Vice Chairman of the Joint Chiefs of Staff, underscored the urgent need for…
https://www.marinelink.com/news/hull-cleaning-robotics-army-beats-navy-533047
https://www.marinelink.com/news/hull-cleaning-robotics-army-beats-navy-533047A consortium led by UK unmanned vessel developer ACUA Ocean has secured government support to develop a new 145-foot uncrewed offshore support vessel, aiming to scale up autonomous operations for offshore energy, logistics and surveillance.The Project MROS consortium…
https://www.marinelink.com/news/uk-backs-development-ft-uncrewed-offshore-533049
https://www.marinelink.com/news/uk-backs-development-ft-uncrewed-offshore-533049Today, Tuesday, December 02 2025, the Baltic Dry Index climbed by 40 points, reaching 2560 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-2560-up-40-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2560-up-40-points/