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Taiwanese prosecutors have raided the premises of Evergreen Marine as part of an insider trading investigation linked to one of the world’s largest containerlines. The Taipei District Prosecutors Office said investigators searched Evergreen Marine’s offices, the homes of nine suspects and 10 other locations on Monday. Nine people were summoned for questioning, including a person …
https://splash247.com/evergreen-raided-in-insider-trading-probe/
https://splash247.com/evergreen-raided-in-insider-trading-probe/The International Maritime Organization (IMO) has named the full team of regional coordinators who will lead its seven regional presence offices, as the UN agency looks to bring more technical support closer to member states. The coordinators will cover the Caribbean, East Asia, Eastern and Southern Africa, Middle East and North Africa, the Pacific, Anglophone …
https://splash247.com/imo-names-regional-coordinators-to-strengthen-field-support/
https://splash247.com/imo-names-regional-coordinators-to-strengthen-field-support/Commercial shipping around the Strait of Hormuz has been given another reminder that the waterway is open, but far from normal. A tanker was struck by an unknown projectile late Monday while transiting just east of the strait. UK Maritime Trade Operations said it received a report from the vessel’s master that the tanker had …
https://splash247.com/projectile-strike-tests-fragile-hormuz-recovery/
https://splash247.com/projectile-strike-tests-fragile-hormuz-recovery/The proposed sale of ZIM Integrated Shipping Services to Hapag-Lloyd and Israeli private equity firm FIMI is facing its most serious political challenge yet after prime minister Benjamin Netanyahu and defence minister Israel Katz came out against the deal. According to Israeli media, the two have urged that the transaction be scrapped, arguing that it …
https://splash247.com/netanyahu-and-katz-urge-zim-sale-be-scrapped/
https://splash247.com/netanyahu-and-katz-urge-zim-sale-be-scrapped/Iran's Revolutionary Guards fired at least two missiles at commercial ships transiting through the Strait of Hormuz on Monday night, Axios reported, citing two U.S. officials.Two commercial ships suffered significant damage but had no casualties, the report said, citing a U.S.
https://www.marinelink.com/news/commercial-ships-hit-hormuz-missile-540969
https://www.marinelink.com/news/commercial-ships-hit-hormuz-missile-540969CMA CGM is on course to overtake Maersk as the world’s second-largest containerline by the end of 2027. Speaking to French business daily Les Echos last week, CMA CGM chairman and chief executive Rodolphe Saadé said the Marseille-headquartered carrier is on track to move past its Danish rival within the next 18 months. The end-2027 …
https://splash247.com/cma-cgm-set-to-overtake-maersk-next-year/
https://splash247.com/cma-cgm-set-to-overtake-maersk-next-year/BW LNG has been named as the contractor behind a new floating storage and regasification unit at HD Hyundai Heavy Industries in South Korea. Brokers report the Singapore-based gas shipping player has signed up for a 174,000 cu m FSRU, costing roughly $320m, for delivery in the second quarter of 2029. The vessel is tied …
https://splash247.com/bw-lng-lines-up-fsru-newbuild-at-hd-hyundai/
https://splash247.com/bw-lng-lines-up-fsru-newbuild-at-hd-hyundai/Japan’s Sumitomo Corporation has sold its equity stake in the Northwind offshore wind farm in Belgium. The company sold its stake in Northwind to the Publiwind consortium comprising the Belgian insurance company Ethias, SOCOFE SA, and SFPIM, the Belgian sovereign wealth fund. Subject to approval from relevant authorities, the transaction is scheduled to be completed …
https://splash247.com/sumitomo-continues-offshore-wind-exit-with-another-sale/
https://splash247.com/sumitomo-continues-offshore-wind-exit-with-another-sale/Italian product tanker owner d’Amico International Shipping has fixed one of its MR2 tankers to an oil major for two years. The Milan-listed company said its Irish operating arm, d’Amico Tankers, had signed the new time charter at what it described as a highly profitable daily rate. The vessel was not named and the rate …
https://splash247.com/damico-fixes-mr2-for-two-years/
https://splash247.com/damico-fixes-mr2-for-two-years/Seatrium Limited has announced that it has achieved the first export of electricity to the Singapore national grid from its Floating Living Lab (FLL), marking a step forward in next-generation floating energy infrastructure.The FLL is a world-first…
https://www.marinelink.com/news/seatrium-powers-first-electricity-export-540947
https://www.marinelink.com/news/seatrium-powers-first-electricity-export-540947