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Danish vessel owner ESVAGT and South Korean shipping firm KMC Line have signed an agreement to establish a new joint venture KESTO, dedicated to the growing South Korean offshore wind market.Through a joint venture partnership with KMC Line…
https://www.marinelink.com/news/esvagt-kmc-line-launch-offshore-wind-jv-525596
https://www.marinelink.com/news/esvagt-kmc-line-launch-offshore-wind-jv-525596Maritime defense and oceanographic survey company Saildrone has appointed Vice Admiral John Mustin as its President, who will focus on growing the defense business.In his role, Mustin will work alongside Richard Jenkins, Saildrone founder and…
https://www.marinelink.com/news/saildrone-names-former-vice-admiral-new-525604
https://www.marinelink.com/news/saildrone-names-former-vice-admiral-new-525604Techcross, a leader in ballast water management systems (BWMS), will make its first official appearance of the year at BARI-SHIP 2025, May 22-24, held in Imabari, Japan. At this event, Techcross will unveil the results of its ongoing R&D efforts…
https://www.marinelink.com/news/techcross-showcase-new-ballast-water-525605
https://www.marinelink.com/news/techcross-showcase-new-ballast-water-525605Bardex Corp. is pleased to announce that the Offshore Technology Conference has awarded Daniel Toerner a spot in its 2025 Emerging Leaders class. Each year, the OTC recognizes up-and-coming professionals whose work in the energy industry demonstrates…
https://www.marinelink.com/news/bardex-technical-sales-engineer-selected-525610
https://www.marinelink.com/news/bardex-technical-sales-engineer-selected-525610Ferguson Marine (Port Glasgow) Ltd has officially welcomed Graeme Thomson, who began his tenure as CEO at the beginning of May. Thomson, who started his career as an electrician by trade and got into shipbuilding as an apprentice, has extensive construction and shipbuilding experience.
https://www.marinelink.com/news/ferguson-marine-welcomes-new-ceo-525611
https://www.marinelink.com/news/ferguson-marine-welcomes-new-ceo-525611Fincantieri has shared its interim financial results for the first quarter of 2025, showcasing growth across all business segments and achieving its best ever quarter in terms of new orders.Key highlights from the report include:Below are the key highlights from the report:Revenues totalled €2…
https://www.marinelink.com/news/fincantieri-strong-growth-q-525612
https://www.marinelink.com/news/fincantieri-strong-growth-q-525612Today, Thursday, May 08 2025, the Baltic Dry Index decreased by 58 points, reaching 1316 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-falls-to-1316-down-58-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1316-down-58-points/Today, Friday, May 09 2025, the Baltic Dry Index decreased by 17 points, reaching 1299 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-falls-to-1299-down-17-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1299-down-17-points/Today, Monday, May 12 2025, the Baltic Dry Index climbed by 05 points, reaching 1304 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-1304-up-05-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-1304-up-05-points/United Arab Emirates-based jackup rig pure-play Shelf Drilling has revealed a couple of extensions for its rigs and some news regarding its fleet in its latest status report. The company said that its Trident 16 rig secured a three-month extension with the Belayim Petroleum Company (Petrobel) in Egypt in February. The initial deal with the company was …
https://splash247.com/shelf-drilling-bags-a-pair-of-jackup-extensions/
https://splash247.com/shelf-drilling-bags-a-pair-of-jackup-extensions/