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Le Groupe ALMACO, the Canadian subsidiary of Finland-based ALMACO Group, won a CAD 100 million+ contract by Chantier Davie Canada Inc. to deliver the outfitting of the Canadian Coast Guard’s Polar Max icebreaker. The project, part of the National Shipbuilding Strategy (NSS)…
https://www.marinelink.com/news/ccgs-polar-max-icebreaker-taps-almaco-529215
https://www.marinelink.com/news/ccgs-polar-max-icebreaker-taps-almaco-529215Earlier this week Marine News was afforded – thanks to a ‘press tour’ organized by the Waterways Council – a behind the scenes look at the United States Army Corp of Engineers (USACE) effort to build new the Montgomery Locks, one part of a bigger…
https://www.marinelink.com/news/infrastructure-project-focus-montgomery-529217
https://www.marinelink.com/news/infrastructure-project-focus-montgomery-529217ACUA Ocean's hydrogen-powered unmanned surface vessel (USV) PIONEER has successfully completed the world's first continuous, remote 24-hour offshore operation on zero emissions, marking a breakthrough in the decarbonization of the global maritime…
https://www.marinelink.com/news/acua-ocean-hydrogenpowered-usv-completes-529220
https://www.marinelink.com/news/acua-ocean-hydrogenpowered-usv-completes-529220Today, Friday, August 22 2025, the Baltic Dry Index climbed by 51 points, reaching 1944 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1944-up-51-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1944-up-51-points/Japanese offshore contractor Eneos Drilling has won a second jackup contract in two days with Murphy Oil. The company said that it agreed to provide jackup drilling services to subsidiaries of Murphy Oil based on a subcontract with PetroVietnam Drilling & Well Service Corporation, which secured the drilling contract from Murphy. The rig in question …
https://splash247.com/murphy-oil-hires-another-eneos-drilling-jackup-for-vietnam-ops/
https://splash247.com/murphy-oil-hires-another-eneos-drilling-jackup-for-vietnam-ops/Oslo-listed jackup rig player Shelf Drilling has won a one-year contract extension for one of its rigs. Cabinda Gulf Oil Company, a Chevron subsidiary, extended the contract for the 2007-built Shelf Drilling Tenacious rig for drilling operations offshore West Africa. The extension will begin in direct continuation of the rig’s current contract, extending the commitment …
https://splash247.com/shelf-drilling-secures-50m-jackup-extension-from-chevron-in-west-africa/
https://splash247.com/shelf-drilling-secures-50m-jackup-extension-from-chevron-in-west-africa/This September, British endurance swimmer Andrew Cornish, a business development manager at AXSMarine, will attempt one of the most demanding feats in open-water swimming – a solo 70 km swim across Lake Geneva – to raise funds for the medical charity Mercy Ships. The challenge, officially known as Lake Geneva Signature Swim, covers the entire …
https://splash247.com/axsmarine-employee-readies-to-swim-70-km-across-lake-geneva/
https://splash247.com/axsmarine-employee-readies-to-swim-70-km-across-lake-geneva/Nigerian tanker buyers have stepped up their activity this summer, snapping up three ships from June onwards — more than doubling their deal count for the year, according to data from VesselsValue. To date, seven secondhand tanker acquisitions have been tracked to Nigeria in 2025. The latest round of deals includes Triber Energy, which has …
https://splash247.com/nigerian-tanker-buyers-step-up-with-trio-of-summer-deals/
https://splash247.com/nigerian-tanker-buyers-step-up-with-trio-of-summer-deals/Greece’s Navios Maritime Partners has confirmed the acquisition of two scrubber-fitted aframax/LR2 tanker resales, lifting its orderbook in the segment to 12 vessels. The Angeliki Frangou-led company is paying $133m for the pair of 115,000 dwt newbuilds, which are scheduled for delivery in the first half of 2027. The identity of the seller has not …
https://splash247.com/navios-partners-picks-up-two-resale-lr2s-in-133m-deal/
https://splash247.com/navios-partners-picks-up-two-resale-lr2s-in-133m-deal/A Greek shipbroker has been the focus of the latest sanctions from the US aimed at stifling Iranian oil exports. Antonios Margaritis, his network of companies, and nearly a dozen vessels involved in Iran’s shadow fleet were singled out by the Department of the Treasury’s Office of Foreign Assets Control (OFAC) yesterday, the latest in …
https://splash247.com/greek-shipbroker-the-main-focus-of-latest-us-sanctions-against-iran/
https://splash247.com/greek-shipbroker-the-main-focus-of-latest-us-sanctions-against-iran/