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The Arab Shipbuilding and Repair Yard Company (ASRY) completed the repair, maintenance and handover of the giant cargo tanker Torm Venture, owned by Denmark's Torm. The project involved major repair and maintenance works to renew the vessel…
https://www.marinelink.com/news/asry-completes-work-tanker-torm-venture-530244
https://www.marinelink.com/news/asry-completes-work-tanker-torm-venture-530244Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated financial results for the second quarter and six-month period ended June 30, 2025. Revenue $9.5 million in Q2 2025 $18.2 million in H1 2025 Adjusted EBITDA $3.2 million in Q2 2025 $5.2 million in H1 2025 Time Charter Equivalent $11,444 per day in ...
https://www.hellenicshippingnews.com/globus-maritime-limited-well-positioned-to-capture-dry-bulk-market-upside/Capesize The Capesize market closed the week on a distinctly firmer footing, with gains building across both basins. The BCI 5TC advanced steadily, rising from just over $26,000 at the start of the week to $28,504 by close of play. The Pacific regained strength after a soft start, supported by consistent miner activity and a ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-building-momentum/
https://www.hellenicshippingnews.com/dry-bulk-market-capesizes-building-momentum/Swiss-based marine construction specialist Allseas has won a contract from TAQA’s UK arm for the removal of the Brae Alpha platform in the UK Central North Sea. The engineering, preparation, removal, and disposal contract will be carried out by Allseas’ heavylift vessel Pioneering Spirit, supported by the construction vessel Oceanic. At least 95% of recovered …
https://splash247.com/allseas-secures-taqa-contract-for-uk-north-sea-platform-removal/
https://splash247.com/allseas-secures-taqa-contract-for-uk-north-sea-platform-removal/Belgian marine services and dredging group DEME has ordered a new methanol-ready offshore construction vessel (OCV). The vessel will be capable of executing trenching, burial, and cable-laying operations, complementing the company’s existing cable installation vessels, Living Stone and Viking Neptun. The OCV will be constructed by PaxOcean at the Zhoushan shipyard in China and is …
https://splash247.com/deme-orders-methanol-ready-ocv-from-paxocean/
https://splash247.com/deme-orders-methanol-ready-ocv-from-paxocean/Emma Fenton, senior director of global diplomacy at Opportunity Green, explains the significance of the IMO Net-Zero Framework. If you had to pick just one sentiment to describe the London International Shipping Week, it’s the anticipation of something great – and long-overdue – finally happening. The week started with a powerful endorsement from over 180 …
https://splash247.com/shippings-big-climate-moment-is-here-but-will-it-live-up-to-its-promise/
https://splash247.com/shippings-big-climate-moment-is-here-but-will-it-live-up-to-its-promise/Belgian shipping giant CMB.TECH, one of the industry’s biggest backers of hydrogen as a future fuel, has celebrated the opening of Africa’s first integrated green hydrogen plant. Cleanergy Solutions Namibia, which CMB.TECH has developed with Ohlthaver & List, Namibia’s largest conglomerate, was opened yesterday by Dr Elijah Ngurare, the country’s prime minister. The new site …
https://splash247.com/cmb-tech-celebrates-launch-of-africas-first-integrated-green-hydrogen-plant/
https://splash247.com/cmb-tech-celebrates-launch-of-africas-first-integrated-green-hydrogen-plant/Greece’s Diana Shipping has revealed it has sold an ultramax it partially owns for what brokers describe as a very firm price. The nine-year-old DSI Drammen ultramax has fetched a price of $26.86m, the New York-listed company said in a statement. The buyer has not been revealed. Diana Shipping holds a 25% interest in the …
https://splash247.com/diana-shipping-scores-firm-price-for-latest-ultramax-sale/
https://splash247.com/diana-shipping-scores-firm-price-for-latest-ultramax-sale/Elliott Bay Design Group (EBDG) Designs New York’s First Hybrid-Electric FerryWatch the full interview with David Turner, Projects Manager, Elliott Bay Design Group, on the technical highlights of the HARBOR CHARGER on Maritime Reporter TV:On August 12…
https://www.marinelink.com/news/ebdg-hybrid-ferry-harbor-charger-design-530232
https://www.marinelink.com/news/ebdg-hybrid-ferry-harbor-charger-design-530232Border Force workers on patrol in the English Channel, whose job includes searching for small boats carrying migrants, will be balloted over strike action, a union statement on Friday said.More than 120 Border Force Maritime workers will be balloted over whether to walk-out in a dispute over frozen
https://www.marinelink.com/news/uk-border-force-patrol-boat-workers-mull-530235
https://www.marinelink.com/news/uk-border-force-patrol-boat-workers-mull-530235