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Starting today, it will be illegal for cargo ships to discharge toilet wastewater, sulphuric wash water, and scrubber sludge into Finnish coastal waters, marking a global first in maritime environmental regulation. The new rules, approved by Finland’s parliament in December 2024, put the Nordic nation at the forefront of marine pollution control, building on earlier …
https://splash247.com/finland-bans-ship-waste-discharges-in-first-for-maritime-environmental-law/
https://splash247.com/finland-bans-ship-waste-discharges-in-first-for-maritime-environmental-law/Gianluigi Aponte’s Mediterranean Shipping Co (MSC) is pressing ahead with megamax containership fleet expansion through a new shipbuilding deal in China. The Swiss-based liner giant has ordered up to six 22,000 teu newbuilds from China Merchants Heavy Industries’ Haimen shipyard. Shipbuilding sources estimate each LNG dual-fuel ship at more than $200m, with deliveries expected to …
https://splash247.com/msc-ramps-up-megamax-expansion-with-1-2bn-shipbuilding-deal-in-china/
https://splash247.com/msc-ramps-up-megamax-expansion-with-1-2bn-shipbuilding-deal-in-china/One of the most famous names in French shipping has been sold to private equity. The Louis-Dreyfus family, shareholder of Louis Dreyfus Armateurs (LDA), has sold an 80% stake in the shipowner to Paris-headquartered InfraVia Capital Partners for an undisclosed sum in a deal that was first discussed in public in February. The Louis-Dreyfus family …
https://splash247.com/louis-dreyfus-armateurs-sold-to-private-equity/
https://splash247.com/louis-dreyfus-armateurs-sold-to-private-equity/Danos Operations Services has been awarded a contract to provide production services for Beacon Offshore Energy’s new deepwater facility, the Shenandoah floating production system (FPS). The project will employ production operators, instrumentation and electrical technicians…
https://www.marinelink.com/news/danos-nets-production-services-contract-527475
https://www.marinelink.com/news/danos-nets-production-services-contract-527475The Paris MoU has published its 2024 Annual Report, including performance lists, with France toping the white list, up from position 11 last year. Denmark, Netherlands, Norway and Singapore remain in the top five.The White, Grey and Black List…
https://www.marinelink.com/news/france-tops-paris-mou-white-list-527477
https://www.marinelink.com/news/france-tops-paris-mou-white-list-527477The IEA’s medium-term outlook sees global oil supply increase set to far outpace demand growth in coming years.With intensifying geopolitical strains and heightened uncertainty about global economic prospects, oil markets are undergoing structural…
https://www.marinelink.com/news/oil-supply-outpace-demand-mediumterm-527478
https://www.marinelink.com/news/oil-supply-outpace-demand-mediumterm-527478Building commercial ships in U.S. shipyards supports the maritime industry, which plays a vital role in national security. However, U.S. commercial shipbuilding has been in decline for decades. The Maritime Administration (MARAD) has four financial…
https://www.marinelink.com/news/gao-marad-needs-improve-financial-527479
https://www.marinelink.com/news/gao-marad-needs-improve-financial-527479Recognizing the specialist skills required by both crew and commanders on board Search and Rescue (SAR) vessels, The Nautical Institute and The Maritime Search and Rescue Council have developed a scheme that addresses their specific needs.Successful…
https://www.marinelink.com/news/new-maritime-sar-endorsement-scheme-527480
https://www.marinelink.com/news/new-maritime-sar-endorsement-scheme-527480After decades of ongoing efforts, the Hong Kong Convention (HKC) has entered into force with big changes underway for the industry, reports cash buyer GMS. Bangladeshi and Pakistani markets still have a lot of work to do and catch up to the…
https://www.marinelink.com/news/ship-recycling-market-transitions-hong-527482
https://www.marinelink.com/news/ship-recycling-market-transitions-hong-527482Oslo-listed jackup rig player Shelf Drilling has landed a five-year contract extension with Saudi Aramco for its High Island V unit. The total added contract value is about $133m, the UAE-based company said in a filing. The extension will take effect immediately following the current fixture, securing operations through July 2030. “The contract extension reflects …
https://splash247.com/shelf-drilling-wins-saudi-aramco-rig-extension-deal/
https://splash247.com/shelf-drilling-wins-saudi-aramco-rig-extension-deal/