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The first Russian-built ice-class tanker for liquefied natural gas is expected to go into operation in the second half of this year at the Arctic LNG 2 plant, Interfax news agency quoted tanker group Sovcomflot as saying on Wednesday.International…
https://www.marinelink.com/news/first-russianbuilt-iceclass-lng-tanker-527282
https://www.marinelink.com/news/first-russianbuilt-iceclass-lng-tanker-527282cut685bdfb8b3c6622a5fe1f2da_Lund Family1SunStone Maritime Group A/S takes next step in previously announced leadership transition.After 35 years as Chief Executive Officer, founder Niels-Erik Lund is retiring as CEO on June 30, 2025. Niels-Erik…
https://www.marinelink.com/news/family-sunstone-maritime-group-ceo-torch-527289
https://www.marinelink.com/news/family-sunstone-maritime-group-ceo-torch-527289The Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) has granted the first preliminary license for an offshore wind energy project in Brazil. The license was awarded to the Senai Institute for Innovation in Renewable Energy for the offshore wind turbine test site set to be implemented on the coast of Areia Branca, in …
https://splash247.com/brazil-issues-first-offshore-wind-license-to-24-5mw-pilot-project/
https://splash247.com/brazil-issues-first-offshore-wind-license-to-24-5mw-pilot-project/Spanish electric utility company Iberdrola has named Pedro Azagra as the group’s new chief executive officer. Azagra, who until now has held the position of CEO of the company’s USA subsidiary Avangrid, is replacing Armando Martínez. The incoming CEO has been with Iberdrola for 25 years, first as executive director of development with responsibility for …
https://splash247.com/iberdrola-picks-avangrid-head-as-new-ceo/
https://splash247.com/iberdrola-picks-avangrid-head-as-new-ceo/Egypt’s National Navigation Company (NNC) is continuing its fleet expansion with a fresh order for two additional kamsarmax bulk carriers. The state-owned Cairo-based owner has commissioned Jiangsu Hantong Ship Heavy Industry to build and deliver the 82,000 dwt units in September and November of 2028. This marks the second deal with Jiangsu Hantong in just …
https://splash247.com/egypts-national-navigation-back-in-china-for-more-kamsarmax-newbuilds/
https://splash247.com/egypts-national-navigation-back-in-china-for-more-kamsarmax-newbuilds/Greek shipping magnate George Economou has further solidified his return to the container sector with the acquisition of the 5,500 teu ZIM Yangtze, a modern containership currently on long-term charter to Israeli carrier ZIM. The vessel, formerly owned by Germany’s Elbdeich Reederei, was sold to Economou’s TMS Group for an undisclosed sum. The 5,500 teu …
https://splash247.com/economous-tms-group-acquires-zim-yangtze-in-ongoing-container-market-comeback/
https://splash247.com/economous-tms-group-acquires-zim-yangtze-in-ongoing-container-market-comeback/A fire broke out aboard an oil tanker undergoing repairs at a shipyard in Batam on Monday, killing four workers and injuring five others. The blaze ignited in the afternoon of June 24 aboard the Federal II, a 1990-built aframax tanker serving as a floating storage and offloading (FSO) unit. The vessel was docked at …
https://splash247.com/deadly-fire-engulfs-tanker-in-batam-shipyard/
https://splash247.com/deadly-fire-engulfs-tanker-in-batam-shipyard/Louis Sola will step down next week as chairman of the Federal Maritime Commission (FMC) after a seven-year stint at America’s shipping regulator. Donald Trump, the American president, will nominate a new chairman and commissioner to the FMC in due course, something that will require Senate approval. “Throughout my tenure, I engaged with senior partners …
https://splash247.com/louis-sola-steps-down-as-chair-of-fmc/
https://splash247.com/louis-sola-steps-down-as-chair-of-fmc/Daehan Shipbuilding, a mid-sized shipbuilder specialising in suezmax and aframax tankers, will list on South Korea’s KOSPI stock exchange later this year. This move follows a significant financial turnaround and a surge in global shipbuilding demand. The company has appointed KB Securities and NH Investment & Securities as lead underwriters, with ShinYoung Securities serving as …
https://splash247.com/daehan-shipbuilding-pursues-seoul-ipo/
https://splash247.com/daehan-shipbuilding-pursues-seoul-ipo/Mediterranean Shipping Co (MSC), the world’s largest container line, has single-handedly catapulted West Africa into Alphaliner’s list of the 10 trading routes with the biggest ships. Earlier this year, MSC started redeploying some of its largest ships from Asia-Europe to cater instead for the fast-expanding Asia-West Africa market, something that has seen the average vessel …
https://splash247.com/msc-propels-west-africa-higher-up-the-container-ladder/
https://splash247.com/msc-propels-west-africa-higher-up-the-container-ladder/