While much has been written about how oil, gas, coal and grain trades have changed in the year since Russia invaded Ukraine, there has been little spotlight on the container sector. Within weeks of the first shots being fired in eastern Europe most global liners announced they were pulling out of the Russian market, with …
https://splash247.com/new-capacity-enters-thriving-russian-container-sector/
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Dutch marine services provider Boskalis has secured an up to €150m ($159m) contract for Scotland’s 882 MW Moray West offshore wind farm. The deal covers “a large number of the activities” in the coming 12 months. The company has already carried out an offshore geophysical site survey that also included a survey for the identification …
https://splash247.com/boskalis-clinches-moray-west-contract/
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Danish offshore contractor and shipowner Maersk Supply Service has secured a long-term charter extension with Subsea 7’s Oslo-listed offshore wind specialist Seaway 7 for the cable laying vessel . The 2016-built vessel has been engaged to continue operations on behalf of Seaway 7 until the end of December 2025, following successful campaigns in Taiwan and …
https://splash247.com/maersk-supply-service-seals-cable-layer-contract-extension-with-seaway-7/
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AET, the tanker arm of Malaysia’s top shipping line MISC, has hooked up with Petronas’ Petco Trading Labuan Company Ltd (PTLCL) to explore the potential deployment of a zero-emission aframax tanker that will be capable of running on green ammonia. The two companies have signed a memorandum of understanding, which is said to represent another …
https://splash247.com/aet-teams-with-petronas-trading-arm-for-green-ammonia-fuelled-aframax-tanker/
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Tor Olav Trøim’s Golar LNG has sold just under 4.5m shares in spin-off Cool Company (CoolCo) for around $56m and now has only one share left in the LNG shipowner. Golar LNG started its exit from CoolCo last year by selling 8m shares in November, raising net proceeds of $98m. In a filing to the …
https://splash247.com/golar-lng-sells-out-of-coolco/
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India has withdrawn trading licenses for oil tankers and bulk carriers that are more than 25 years old, its shipping regulator said, as the world's third-largest greenhouse gas emitter looks to cut emissions and reduce the average age of its fleet.
https://www.marinelink.com/news/india-bans-oil-tankers-bulk-carriers-503231
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Maersk Supply Service's cable-laying vessel Maersk Connector has secured a contract to continue operations on behalf of Seaway 7 until December 31, 2025.The extension follows a successful first year of working on Seaway 7’s projects in both Taiwan and the United Kingdom…
https://www.marinelink.com/news/maersk-connector-cable-layer-stay-seaway-503232
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Singapore's Keppel Corp said on Tuesday that Sembcorp Marine (Sembmarine) has completed a S$4.50 billion ($3.34 billion) buyout of its offshore & marine unit after receiving the necessary shareholder approvals.
https://www.marinelink.com/news/singapores-keppel-completes-b-sale-503233
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Globalization may have peaked, but the resilience of world trade in the face of mounting headwinds means a reversal of the past three decades is not inevitable.Since the COVID-19 pandemic and Russia's invasion of Ukraine shattered global supply chains…
https://www.marinelink.com/news/world-trade-boom-keeps-deglobalization-503236
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Ukraine has sent an appeal to the UN and Turkey to start negotiations on extending a grain export deal, but so far there has been no response, a Ukrainian government source said on Tuesday.Yuriy Vaskov, Ukraine's deputy minister of restoration…
https://www.marinelink.com/news/ukraine-urges-un-turkey-start-talks-503237
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