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Houston-based Fleetzero has successfully raised $43min Series A funding, led by Obvious Ventures with participation from a powerhouse coalition of investors, including Maersk Growth, Breakthrough Energy Ventures founded by Bill Gates, and 8090 Industries. MOL PLUS, the investment arm of Japan’s largest shipowner, Mitsui OSK Lines (MOL), invested in the marine battery maker two years …
https://splash247.com/maersk-and-bill-gates-back-american-battery-pioneer/
https://splash247.com/maersk-and-bill-gates-back-american-battery-pioneer/Hong Kong’s Caravel Group announced today Angad Banga has taken over from his father, Harry Banga, as group CEO of the commodities and shipmanagement giant. Harry Banga will continue to lead the group as founder and executive chairman. “It is with immense pride—both as the founder of this company and as a father—that I extend …
https://splash247.com/angad-banga-takes-the-reins-at-caravel/
https://splash247.com/angad-banga-takes-the-reins-at-caravel/Italian authorities have detained a 27-year-old handysize bulk carrier in the port of Brindisi on suspicion of breaching EU sanctions against Russia, following irregularities linked to a shipment of about 33,000 tonnes of ferrous metals. The detention was carried out by the Guardia di Finanza in cooperation with customs officials, after inspectors flagged what were …
https://splash247.com/italy-seizes-sanctions-busting-bulk-carrier/
https://splash247.com/italy-seizes-sanctions-busting-bulk-carrier/Sinokor’s stunning raid in the tanker sale and purchase markets over the past six weeks is on course to make the Korean shipowner the largest operator of VLCCs in the world. Brokers are agog at Sinokor’s market-altering decision to largely exit the container scene, selling most of its boxships to Mediterranean Shipping Co (MSC), in …
https://splash247.com/sinokor-to-top-vlcc-operator-charts-following-stunning-sp-raid/
https://splash247.com/sinokor-to-top-vlcc-operator-charts-following-stunning-sp-raid/Today the U.S. District Court for the Eastern District of Virginia granted Dominion Energy’s request for a preliminary injunction allowing construction to resume on the Coastal Virginia Offshore Wind (CVOW) project while Dominion Energy’s lawsuit challenging the agency’s action proceeds.
https://www.marinelink.com/news/us-district-court-allows-coastal-virginia-534556
https://www.marinelink.com/news/us-district-court-allows-coastal-virginia-534556Sea1 Offshore has secured a one-year contract extension for its oil spill recovery vessel Sea1 Maragogi, keeping the unit on hire in Brazil through to January 2027. The extension comes in direct continuation of the current deal and adds a firm year of work for the vessel, which has been operating offshore Brazil in support …
https://splash247.com/sea1-adds-firm-year-to-brazil-osrv-charter/
https://splash247.com/sea1-adds-firm-year-to-brazil-osrv-charter/ESL Shipping has moved to shore up its fleet, picking up a secondhand bulker to keep capacity steady while it waits for newbuildings to arrive. The Baltic dry bulk specialist, part of Finnish conglomerate Aspo, has acquired a geared ice-class 1A 16,600 DWT vessel, following the recent sale of the 21,353 dwt handysize bulker Kallio …
https://splash247.com/esl-plugs-bulker-capacity-gap-with-secondhand-buy-ahead-of-newbuild-arrivals/
https://splash247.com/esl-plugs-bulker-capacity-gap-with-secondhand-buy-ahead-of-newbuild-arrivals/Nordic American Tankers has firmed up its move into new steel, signing contracts for two suezmax newbuildings in South Korea as the New York-listed owner continues to reshape its fleet. The Herbjørn Hansson-led company said the previously announced preliminary agreements have now been converted into firm contracts, with Daehan Shipbuilding named as builder. The two …
https://splash247.com/nordic-american-tankers-firms-up-korean-yard-choice-with-daehan-deal/
https://splash247.com/nordic-american-tankers-firms-up-korean-yard-choice-with-daehan-deal/Norwegian coastal owner K. Sætre Rederi has ordered a new all-electric dry cargo vessel, doubling down on zero-emission operations along the Norwegian coast. The 70-m ship has been contracted at Dutch yard Royal Bodewes, with delivery scheduled for March 2028. At the same time, Sætre has secured a long-term freight agreement with steel producer 7 …
https://splash247.com/zero-emission-bulker-bound-for-norwegian-coastal-trade/
https://splash247.com/zero-emission-bulker-bound-for-norwegian-coastal-trade/Eastern Pacific Shipping has moved to expand its LNG footprint, placing an order for two 175,000 cu m LNG carrier newbuildings as it scales up its gas shipping business. The Singapore-based owner, controlled by Idan Ofer, has contracted the pair at Jiangnan Shipyard for delivery in 2028, marking EPS’ first LNG carrier newbuilding order in …
https://splash247.com/eastern-pacific-adds-lng-muscle-with-jiangnan-newbuild-pair/
https://splash247.com/eastern-pacific-adds-lng-muscle-with-jiangnan-newbuild-pair/