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Danish company Ørsted and its joint venture partner Skyborn Renewables have filed a lawsuit in the DC District Court to reverse a stop-work order for the Revolution Wind project. The project was 80% complete when the stop-work order was issued. Rhode Island and Connecticut, the two states that were supposed to benefit from the project, …
https://splash247.com/orsted-sues-us-over-offshore-wind-project-stop-work-order/
https://splash247.com/orsted-sues-us-over-offshore-wind-project-stop-work-order/The Global Maritime Procurement Council (GMPC) has been formed as an independent group that will see procurement heads of departments from shipping and shipmanagement companies collaborate on a range of new initiatives. The initial membership council is comprised of of 10 global shipowners and managers that includes BW LPG, d’Amico Shipping, Fleet Management, Scorpio Ship …
https://splash247.com/procurement-leaders-in-shipping-form-global-council/
https://splash247.com/procurement-leaders-in-shipping-form-global-council/Hong Kong-registered OVP Shipping has signed up for four 4,350 teu containerships at Taizhou Jianxing Heavy Industry as it looks to boost capacity on key Belt and Road trade lanes. The company’s debut order, with an undisclosed value, will see the first ship deliver in the second quarter of 2027. The remaining three units are …
https://splash247.com/ovp-shipping-pens-debut-boxship-order/
https://splash247.com/ovp-shipping-pens-debut-boxship-order/German shipowner Ernst Russ has joined forces with Icelandic carrier Eimskip to add new tonnage to their joint venture ElbFeeder. The joint venture, majority owned by Frankfurt-listed Ernst Russ, has contracted China Merchants Jin Ling Shipyard (Nanjing) for two 2,280 teu containerships, with options for two more. Deliveries are scheduled for the second half of …
https://splash247.com/ernst-russ-and-eimskip-team-up-for-boxship-newbuilds-in-china/
https://splash247.com/ernst-russ-and-eimskip-team-up-for-boxship-newbuilds-in-china/The prime ministers of India and Singapore gave speeches yesterday ahead of the inauguration of what will become India’s largest container terminal. With the inauguration of its phase two expansion, PSA Mumbai is poised to become India’s largest container terminal, doubling its annual handling capacity to 4.8m teu. Designed to accommodate multiple mega container vessels …
https://splash247.com/psa-mumbai-poised-to-become-indias-largest-container-terminal/
https://splash247.com/psa-mumbai-poised-to-become-indias-largest-container-terminal/Unquestionably, the big news this week came from Singapore, where BW-controlled Hafnia made a move for rival product tanker giant Torm. Hafnia is acquiring a 14.45% holding in its Danish rival from Oaktree Capital Management in a deal worth about $311.4m leading many analysts to speculate whether this is a first step to a takeover …
https://splash247.com/splash-wrap-from-tankers-to-tech/
https://splash247.com/splash-wrap-from-tankers-to-tech/Speculation is mounting in Seoul that steel giant POSCO could emerge as the frontrunner to acquire a controlling stake in liner major HMM. Local media report that advisors from Samil PwC and Boston Consulting Group are understood to be working with POSCO on feasibility studies for a deal that could be worth in the region …
https://splash247.com/posco-circles-hmm-as-speculation-mounts-on-state-backed-exit/
https://splash247.com/posco-circles-hmm-as-speculation-mounts-on-state-backed-exit/Shipmanagers are warning of mounting operational chaos as fresh US visa restrictions begin to bite, Splash has learned. Multiple sources at leading shipmanagement companies confirm growing problems with obtaining valid US visas for crewmembers. The issues stem from a raft of executive orders signed by the current US president, which have shifted the long-established practice …
https://splash247.com/us-visa-crackdown-creates-turmoil-for-shipmanagers/
https://splash247.com/us-visa-crackdown-creates-turmoil-for-shipmanagers/The current standards for LNG for marine use (ISO 23306:2020) don’t define limits for Methane Number even though it is an important fuel characteristic that can vary with fuel source and the addition of bioLNG into fuel blends.Power generation…
https://www.marinelink.com/news/importance-methane-number-marine-engines-529646
https://www.marinelink.com/news/importance-methane-number-marine-engines-529646Wallenius Wilhelmsen has secured a logistics contract in Australia with a large automotive manufacturer expected to generate revenues of over $100 million.Wallenius Wilhelmsen will deliver vehicle processing services for the automotive company in Melbourne…
https://www.marinelink.com/news/wallenius-wilhelmsen-inks-logistics-529652
https://www.marinelink.com/news/wallenius-wilhelmsen-inks-logistics-529652