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Norwegian oil and gas company Aker BP has extended a contract for Eidesvik Offshore’s platform supply vessel (PSV) Viking Prince.The firm period for the PSV has been extended with approximately two months, and will run to end of April 2026.
https://www.marinelink.com/news/eidesvik-offshores-psv-stay-a-little-536222
https://www.marinelink.com/news/eidesvik-offshores-psv-stay-a-little-536222Italy’s Fincantieri and Spain’s Navantia have signed a memorandum of understanding to jointly coordinate and execute the European Patrol Corvette (EPC) program, strengthening industrial cooperation under one of Europe’s most ambitious defense…
https://www.marinelink.com/news/fincantieri-navantia-form-jv-european-536224
https://www.marinelink.com/news/fincantieri-navantia-form-jv-european-536224Germany’s Ernst Russ has acquired two multi-purpose vessels, MV Ronnie and MV Charlie, as part of its long-term fleet strategy to expand exposure to the project cargo segment and strengthen predictable earnings.The Hamburg-based shipowner said…
https://www.marinelink.com/news/german-shipowner-buys-two-multipurpose-536226
https://www.marinelink.com/news/german-shipowner-buys-two-multipurpose-536226Low ship recycling activity could undermine tanker market strength in the coming years, BIMCO said in its February 2026 Tanker Shipping Market Overview & Outlook, even as crude tanker earnings are expected to remain firm in the near term.“We…
https://www.marinelink.com/news/bimco-sees-strong-crude-tanker-market-536227
https://www.marinelink.com/news/bimco-sees-strong-crude-tanker-market-536227StormGeo is strengthening its Voyage Intelligence offering with the launch of a new Premium Fleet Performance Center Service that will help shipowners and managers turn vessel data into actionable insights to achieve measurable operational and…
https://www.marinelink.com/news/stormgeo-launches-fleet-performance-536234
https://www.marinelink.com/news/stormgeo-launches-fleet-performance-536234Captain Pradeep Chalwa, CEO and Founder of MarinePALS, writes on a key issue being discussed right now at the International Maritime Organization. Over the years, the industry’s safety record has improved significantly. We have made major advances in technology and equipment, from GMDSS, ECDIS, ENC to satellite communications, AIS, EPIRBs We have introduced new regulations …
https://splash247.com/when-safe-manning-isnt-safe/
https://splash247.com/when-safe-manning-isnt-safe/Italian product tanker owner d’Amico International Shipping (DIS) has increased its forward charter coverage after fixing several vessels at what it described as very profitable rates. The Milan-listed company said its operating arm, d’Amico Tankers, has signed a series of new contracts and extensions since the start of the year. One MR1 tanker had its …
https://splash247.com/damico-boosts-charter-cover-with-fresh-tanker-deals/
https://splash247.com/damico-boosts-charter-cover-with-fresh-tanker-deals/Belgian shipowner CMB.TECH has secured a series of long-term bulker charters that have helped lift its contract backlog to more than $3bn. The Antwerp-based group controlled by the Saverys family has fixed five capesize bulkers on five-year charters, with the contracts due to begin in the coming months. The vessels include the 2014-built Mineral Ajisai …
https://splash247.com/cmb-tech-seals-five-year-capesize-charters/
https://splash247.com/cmb-tech-seals-five-year-capesize-charters/Japanese shipping major Kawasaki Kisen Kaisha (K Line) is bringing its shipmanagement activities under a single structure through the creation of a new intermediate holding company. K Line Ship Management Holdings will begin operations on April 1, taking oversight of the group’s shipmanagement companies as the owner moves to strengthen in-house technical management. The Tokyo-based …
https://splash247.com/k-line-brings-shipmanagement-units-under-one-roof/
https://splash247.com/k-line-brings-shipmanagement-units-under-one-roof/Two powerhouses in global shipping are joining forces to develop ethanol-powered engines. Brazilian mining giant Vale and Everllence, the world’s top ship engine manufacturer, have signed a cooperation agreement regarding the development of ethanol as a marine fuel. Under the terms of the agreement, the companies will develop an advanced ethanol-powered engine – based on …
https://splash247.com/vale-and-everllence-to-work-on-ethanol-powered-engines/
https://splash247.com/vale-and-everllence-to-work-on-ethanol-powered-engines/