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Sanmar celebrated the delivery of a second tugboat to Ultratug, a leading operator in the Americas, at a special ceremony held at its Altinova Shipyard on August 11, 2026.The tug, UT AMAZONAS, will operate in Colombia and is the sister vessel to UT PATZCUARO…
https://www.marinelink.com/news/sanmar-shipyards-delivers-second-tugboat-542500
https://www.marinelink.com/news/sanmar-shipyards-delivers-second-tugboat-542500The Baltic Exchange’s dry bulk sea freight index rose 2.1% to 3,107 on Thursday, marking a sixth consecutive session of gains and reaching its highest level since June 3. The index tracks rates for capesize, panamax and supramax vessels. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, also increased for ...
https://www.hellenicshippingnews.com/baltic-dry-index-hits-near-3-month-peak/
https://www.hellenicshippingnews.com/baltic-dry-index-hits-near-3-month-peak/Seanergy Maritime is being linked to another large bulker newbuilding in China, extending a rapid fleet renewal drive that has already seen the Nasdaq-listed Greek owner assemble a sizeable orderbook. Athens-based broker Xclusiv Shipbrokers lists Seanergy against a single 211,000 dwt newcastlemax at Hengli Heavy Industries for delivery in 2029. No price is given. If …
https://splash247.com/seanergy-linked-to-fresh-newcastlemax-at-hengli/
https://splash247.com/seanergy-linked-to-fresh-newcastlemax-at-hengli/Greek bulker owner Veritas Shipmanagement has returned to COSCO Shipping Heavy Industry in Zhoushan for another pair of ultramaxes, extending a newbuilding relationship with the Chinese yard that dates back to 2023. Local shipbrokers list Veritas as the buyer of two 64,000 dwt bulkers at COSCO Zhoushan for delivery in 2030. No contract price has …
https://splash247.com/veritas-books-fresh-ultramax-pair-at-cosco-yard/
https://splash247.com/veritas-books-fresh-ultramax-pair-at-cosco-yard/South Korea is moving to turn green shipping corridors from bilateral pledges into domestic law, publishing the detailed rules behind what Seoul claims is the world’s first dedicated legislation governing their development. The Ministry of Oceans and Fisheries said on Thursday it had drawn up the enforcement decree and regulations for the Special Act on …
https://splash247.com/south-korea-puts-green-shipping-corridors-into-law/
https://splash247.com/south-korea-puts-green-shipping-corridors-into-law/French energy major TotalEnergies has transferred its stake in Novatek’s Arctic LNG 2 project to NordLine. The company confirmed it has completed the transfer of its 10% interest in the project to Novatek’s subsidiary, NordLine. After this transfer, TotalEnergies has no remaining stake in the Arctic LNG 2 project. Originally, Novatek owned a 60% stake, …
https://splash247.com/totalenergies-cuts-final-ties-with-arctic-lng-2/
https://splash247.com/totalenergies-cuts-final-ties-with-arctic-lng-2/Chinese subsea cable and offshore wind specialist Jiangsu Hengtong Optic-Electric has secured a string of domestic and international offshore contracts worth a combined RMB 1.831 bn ($272.4m). The company and its controlled subsidiaries received winning bid notices or signed contracts for projects spanning submarine cables, laying works, turbine installation, and offshore operations and maintenance. Domestic …
https://splash247.com/chinese-firm-secures-272m-offshore-wind-and-subsea-cable-haul/
https://splash247.com/chinese-firm-secures-272m-offshore-wind-and-subsea-cable-haul/Offshore driller China Oilfield Services Limited (COSL) is looking into the construction of next-generation deepwater semisub drilling rigs. During a meeting of COSL’s board of directors, the board reviewed and approved a proposal for a feasibility study report on constructing two such rigs. The company’s audit committee previously reviewed and approved the feasibility study proposal. …
https://splash247.com/cosl-eyes-two-new-deepwater-semisubs/
https://splash247.com/cosl-eyes-two-new-deepwater-semisubs/Sempra Energy's unit Port Arthur LNG has started the federal permitting process for a major expansion of its liquefied natural gas export operations in Southeast Texas, according to a regulatory filing made on Wednesday.The proposed Port Arthur…
https://www.marinelink.com/news/sempra-seeks-permits-major-lng-expansion-542471
https://www.marinelink.com/news/sempra-seeks-permits-major-lng-expansion-542471JE Dunn Construction and Alberici Constructors, Inc. celebrated placing the final structural beam of Saronic Technologies’ $300 million shipyard expansion project. Saronic will use the expanded Franklin shipyard to increase production capacity for its fleet of Marauders…
https://www.marinelink.com/news/je-dunn-alberici-place-final-beam-m-542485
https://www.marinelink.com/news/je-dunn-alberici-place-final-beam-m-542485