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Nasdaq-listed Greek owner EuroHoldings has expanded its presence in the product tanker market with the acquisition of another MR unit from fellow Latsis family-linked owner Latsco Shipping. The company said it had agreed to acquire the 2015-built 49,997 dwt Hellas Fighter for $39.25m, with delivery expected between mid-June and mid-August 2026. EuroHoldings said the purchase …
Turkish industrial conglomerate Ciner Group has been linked to another major newbuilding investment after South Korean shipbuilding giant HD Hyundai disclosed an order for very large ammonia carriers (VLACs) worth about $715m. The contract has been awarded by what the yard group described as European shipowner and covers the construction of six dual-fuel VLAC/LPG carriers …
https://splash247.com/ciner-adds-ammonia-carriers-to-growing-multi-sector-orderbook/
https://splash247.com/ciner-adds-ammonia-carriers-to-growing-multi-sector-orderbook/The U.S. Center for Maritime Innovation (USCMI), with the Maritime Administration and facilitated by the American Bureau of Shipping (ABS), convened maritime, energy, and public-sector leaders for its Innovation Café focused on Small Modular Reactor (SMR) technologies for maritime applications…
https://www.marinelink.com/news/industry-government-leaders-convene-539500
https://www.marinelink.com/news/industry-government-leaders-convene-539500ESAB announced the launch of its Sentinel A70 PRO helmet, the company’s first premium flip-up automatic helmet designed for heavy industry. Featuring advanced optics, integrated lighting, and Bluetooth connectivity, this advanced helmet offers superior protection…
https://www.marinelink.com/news/esab-announces-sentinel-a-pro-helmet-539502
https://www.marinelink.com/news/esab-announces-sentinel-a-pro-helmet-539502Canal Barge Company has repowered the M/V Hallie M. Merrick with two Mitsubishi S12R Tier3 engines rated at 1100 horsepower at 1800 RPM. The project was completed at Sterling Shipyard with support from Laborde Products, replacing the vessel’s…
https://www.marinelink.com/news/mitsubishi-sr-engines-used-repower-mv-539503
https://www.marinelink.com/news/mitsubishi-sr-engines-used-repower-mv-539503Oil prices were up 3% on Thursday after Reuters reported that Iran's Supreme Leader has issued a directive that the country's near-weapons-grade uranium should not be sent abroad, denting hopes for a swift resolution to the U.S.-Israeli war on Iran.The report…
https://www.marinelink.com/news/oil-prices-rise-reuters-reports-539506
https://www.marinelink.com/news/oil-prices-rise-reuters-reports-539506Copenhagen Infrastructure Partners, a Danish firm eager to invest in Italian offshore wind farms, is getting impatient.Two years after the country's 2024 law offered incentives to would-be developers to provide offshore wind capacity, the government…
https://www.marinelink.com/news/copenhagen-infrastructure-partners-539507
https://www.marinelink.com/news/copenhagen-infrastructure-partners-539507India wants to secure the return of its ships stranded in the Gulf before sending any vessels back to load fuel, a senior government official said on Thursday."Our priority is to get all our ships out of the Strait of Hormuz," said Mukesh Mangal, additional secretary at India's ministry of ports, sh
https://www.marinelink.com/news/india-seeks-return-stranded-gulf-vessels-539508
https://www.marinelink.com/news/india-seeks-return-stranded-gulf-vessels-539508The U.S. Supreme Court delivered a setback on Thursday to four American cruise operators that contested $440 million in combined judgments after being accused of unlawfully using docks in Cuba that were seized in 1959 by former leader Fidel Castro's communist government.The justices…
https://www.marinelink.com/news/cruise-operators-face-setbacks-us-539509
https://www.marinelink.com/news/cruise-operators-face-setbacks-us-539509A Chinese-operated container ship was among the few to cross the Strait of Hormuz in the past 24 hours, data showed on Thursday, as uncertainty grows around reopening the critical waterway with talks over a deal between the U.S. and Iran deadlocked.Before the war on Iran began on February 28…
https://www.marinelink.com/news/chinese-container-ship-among-few-crossing-539510
https://www.marinelink.com/news/chinese-container-ship-among-few-crossing-539510