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American Bureau of Shipping (ABS) has issued approval in principle (AiP) to HD Hyundai Heavy Industries (HD HHI) for its new design of a floating offshore substation to support deepwater wind farms.The substation concept received a SMART (SHM) Tier 3 AiP from ABS.
https://www.marinelink.com/news/hd-hyundai-gets-abs-clearance-nextgen-534323
https://www.marinelink.com/news/hd-hyundai-gets-abs-clearance-nextgen-534323Technology group Wärtsilä will supply the engine and propulsion equipment for a new 3,800-deadweight-tonne heavy lift vessel being built for Netherlands-based operator Hartman Seatrade.The vessel will be powered by a Wärtsilä 31 engine, selected to minimize fuel consumption and exhaust emissions.
https://www.marinelink.com/news/wrtsil-supply-engine-hartman-seatrade-534335
https://www.marinelink.com/news/wrtsil-supply-engine-hartman-seatrade-534335Three Greek-managed oil tankers were hit by unidentified drones in the Black Sea on Tuesday as they were on their way to load crude at a terminal on Russia's coast, sources told Reuters.The attacks come as Kazakhstan's oil production, most of which is exported via the terminal…
https://www.marinelink.com/news/unidentified-drones-strike-three-oil-534339
https://www.marinelink.com/news/unidentified-drones-strike-three-oil-534339Malaysian offshore services company Vantris Energy, formerly known as Sapura Energy, has divested its 40% interest in L&T-Sapura Shipping, the owner and operator of the LTS 3000 heavylift and pipelay vessel. The stake was sold to its joint-venture partner Larsen & Toubro for approximately $30.5m. The amount consists of equity consideration and the full repayment …
https://splash247.com/larsen-toubro-takes-full-ownership-of-heavy-lift-vessel/
https://splash247.com/larsen-toubro-takes-full-ownership-of-heavy-lift-vessel/A US federal judge has allowed Danish offshore wind developer Ørsted to resume work on its almost completed Revolution Wind project, which the Trump administration halted along with four other projects. The government’s attorneys had argued that the suspension of the project’s lease was justified by new, classified information regarding offshore wind’s impact on national …
https://splash247.com/court-sides-with-orsted-as-us-offshore-wind-project-restart-approved/
https://splash247.com/court-sides-with-orsted-as-us-offshore-wind-project-restart-approved/Spanish authorities have intercepted almost 10 tonnes of cocaine hidden aboard a merchant vessel off the Canary Islands in what police say is the country’s largest-ever drug seizure at sea. The bust, worth more than €100m ($116.5m), followed the boarding last week of an unnamed Cameroon-flagged dry bulkship some 332 miles west of the Canaries. …
https://splash247.com/e100m-cocaine-haul-seized-from-bulk-carrier-off-canary-islands/
https://splash247.com/e100m-cocaine-haul-seized-from-bulk-carrier-off-canary-islands/Trading house Mitsui & Co will start offering Japan’s first digital securities for fractional aircraft and ship ownership, according to local financial newswire Nikkei. Mitsui, through subsidiary Mitsui & Co Digital Asset Management, has operated an online asset management service named Alterna since 2023. The company plans to add aircraft and ship securities to its lineup, …
https://splash247.com/mitsui-co-to-offer-japans-first-ship-tokenisation-vehicle/
https://splash247.com/mitsui-co-to-offer-japans-first-ship-tokenisation-vehicle/The International Transport Intermediaries Club (ITIC) has warned P&I correspondents to tighten payment verification procedures after a fraudster intercepted email communications during a crew claim and diverted a $200,000 settlement. In a case highlighted in ITIC’s latest Claims Review, a correspondent handling a sensitive settlement involving the family of a deceased seafarer became the target …
https://splash247.com/itic-warns-of-rising-payment-fraud-after-200000-crew-settlement-hijacked/
https://splash247.com/itic-warns-of-rising-payment-fraud-after-200000-crew-settlement-hijacked/Swiss commodity trader and shipowner Mercuria Energy Group has stepped up its fleet growth across dry bulk and tankers with fresh newbuilding deals in China. Brokers say the Geneva-based trader has signed contracts for up to four newcastlemax bulk carriers and two aframax/LR2 units. The bulker order is understood to cover two firm 211,000 dwt …
https://splash247.com/mercuria-lines-up-fleet-growth-at-chinese-yards/
https://splash247.com/mercuria-lines-up-fleet-growth-at-chinese-yards/Capital-Executive Ship Management Corp has entered into a strategic partnership with Axis Maritime Corp, an SPV led by Nicholas Madias, and will rebrand as Capital Axis Maritime Corp. Announced in Athens, the cooperation agreement brings together Capital-Executive’s shipmanagement platform with Axis Maritime’s dry bulk expertise, creating a new venture focused on in-house commercial and technical …
https://splash247.com/greek-dry-bulk-management-partnership-formed/
https://splash247.com/greek-dry-bulk-management-partnership-formed/