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LNG carrier pure-play Cool Company (CoolCo) has landed a 14-year charter deal with India’s top gas utility GAIL for one of its vessels under construction in South Korea. The New York and Oslo-listed owner and operator said the charter, starting in early 2025, comes with the option to extend by two additional years. The deal …
https://splash247.com/coolco-inks-long-term-charter-with-gail-for-lng-newbuild/
https://splash247.com/coolco-inks-long-term-charter-with-gail-for-lng-newbuild/Yesterday, DP World opened three new sites in Romania, adding much-needed capacity to marine infrastructure that has welcomed far more vessels in recent years. Constanta, the largest container port on the Black Sea, is now home to two new facilities following a €65m ($70.6m) investment: a 5 ha project cargo terminal and a new roro …
https://splash247.com/romania-gets-much-needed-port-upgrades/
https://splash247.com/romania-gets-much-needed-port-upgrades/The governor of Oregon has proposed a financial lifeline for the state’s only container terminal. Portland’s Terminal 6 has been scheduled to cease operations on October 1 this year, following the loss of regular shipping line clients and the departure of the terminal’s operator. However, Governor Tina Kotek yesterday proposed $40m in state funding to …
https://splash247.com/financial-lifeline-offered-to-oregons-only-container-terminal/
https://splash247.com/financial-lifeline-offered-to-oregons-only-container-terminal/The director-general of the International Atomic Energy Agency (IAEA), Rafael Mariano Grossi, is calling for a roadmap for nuclear energy to become a viable option to reduce commercial shipping’s global greenhouse gas emissions. Grossi met with the head of Lloyd’s Register, Nick Brown, yesterday after which he commented via LinkedIn, “As the world increasingly turns …
https://splash247.com/international-atomic-energy-agency-head-calls-for-a-roadmap-for-nuclear-energy-at-sea/
https://splash247.com/international-atomic-energy-agency-head-calls-for-a-roadmap-for-nuclear-energy-at-sea/Greek shipping tycoon George Economou has backed out of his proxy fight against Genco Shipping & Trading and pulled back his nominee to the US-listed bulker owner’s board. Economou’s investment vehicle, GK Investor, said in a filing Thursday it had withdrawn the nomination of Robert Pons as a candidate for election to the Genco board, …
https://splash247.com/george-economou-backs-down-from-genco-boardroom-battle/
https://splash247.com/george-economou-backs-down-from-genco-boardroom-battle/This morning, Ukrainian forces mounted a large-scale drone attack along the Russian Black Sea coast, hitting multiple Russian targets in Novorossiysk and Tuapse including oil refineries that had only recently been patched up from attacks earlier in the year. More than 30 explosions were recorded. Ukrainian drones also targeted the Crimean port of Sevastopol overnight, …
https://splash247.com/ukraine-mounts-large-scale-drone-attack-along-the-russian-black-sea-coast/
https://splash247.com/ukraine-mounts-large-scale-drone-attack-along-the-russian-black-sea-coast/The leader of the Houthis has once again hinted that his group’s area of attacks could spread to the Mediterranean. In a televised address yesterday, Abdulmalik al-Houthi vowed that all ships heading to Israeli ports will be targeted by his group’s drones and missiles. The Houthis have previously made threats of extending their attacks into …
https://splash247.com/houthis-reiterate-mediterranean-attack-warning/
https://splash247.com/houthis-reiterate-mediterranean-attack-warning/Scottish energy firm SSEN Transmission has selected a consortium consisting of Van Oord and Sumitomo Electric as the preferred bidder for the Shetland 2 high voltage direct current (HVDC) link subsea cable. The need for a second HVDC link from Shetland to the main transmission system of Great Britain was announced by the National Grid …
https://splash247.com/van-oord-and-sumitomo-line-up-uk-interconnector-deal/
https://splash247.com/van-oord-and-sumitomo-line-up-uk-interconnector-deal/This year’s International Day for Women in Maritime focuses on the crucial role of women in ensuring maritime safety worldwide, while highlighting the changing attitudes towards gender in the industry.Observed globally on May 18 every year,…
https://www.marinelink.com/news/women-maritime-day-shaping-future-513822
https://www.marinelink.com/news/women-maritime-day-shaping-future-513822Belgian marine contractor Jan De Nul is further expanding its fleet of cable layers with a fresh order for another extra-large vessel. The newbuild, which will be the fifth cable layer in the company’s fleet, is identical to the vessel Jan De Nul ordered at China Merchants Heavy Industry (CMHI) Haimen shipyard for delivery in …
https://splash247.com/jan-de-nul-orders-another-extra-large-cable-layer/
https://splash247.com/jan-de-nul-orders-another-extra-large-cable-layer/