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Finland-based Danfoss Drives is supplying variable-speed AC drives for the propulsion systems of the Finnish Navy’s four Pohjanmaa-class multi-role corvettes. Part of the Finnish Defense Squadron 2020 project, these corvettes are under construction…
https://www.marinelink.com/news/danfoss-delivers-ac-drives-finnish-navy-526351
https://www.marinelink.com/news/danfoss-delivers-ac-drives-finnish-navy-526351Fincantieri and TUI Cruises, a joint venture between TUI AG and Royal Caribbean Cruises, celebrated the launch of “Mein Schiff Flow” at the Monfalcone shipyard. The vessel is the second of two next-generation InTUItion class cruise ships, designed for dual-fuel operation (Liquefied Natural Gas…
https://www.marinelink.com/news/mein-schiff-flow-dualfuel-vessel-launched-526352
https://www.marinelink.com/news/mein-schiff-flow-dualfuel-vessel-launched-526352Finnøy Gear & Propeller has signed a contract to deliver complete propulsion systems for a new series of eight cargo vessels being built for the Norwegian shipping company Wilson ASA. The vessels will be constructed at Udupi Cochin Shipyard Ltd.
https://www.marinelink.com/news/finny-deliver-propulsion-systems-wilson-526355
https://www.marinelink.com/news/finny-deliver-propulsion-systems-wilson-526355Aker Solutions has signed a contract with Dragados Offshore to deliver the steel substructure for the 2GW HVDC converter station for the BalWin2 offshore wind grid connection system in Germany, developed by Amprion Offshore GmbH. Reference is…
https://www.marinelink.com/news/aker-solutions-awarded-contract-balwin-526356
https://www.marinelink.com/news/aker-solutions-awarded-contract-balwin-526356During his visit to the Naval Undersea Warfare Center (NUWC) Division Newport on May 19, Executive Director Mike McClatchey, a member of the Senior Executive Service, Program Executive Office, Undersea Warfare Systems (PEO UWS), emphasized the…
https://www.marinelink.com/news/executive-director-peo-uws-stresses-526357
https://www.marinelink.com/news/executive-director-peo-uws-stresses-526357Iron ore futures prices ticked lower on Friday and posted weekly losses amid softening demand for the steelmaking ingredient in China, while traders braced for further bouts of uncertainty around trade. The most-traded September iron ore contract on China’s Dalian Commodity Exchange TIO1! ended daytime trade 0.43% lower at 702 yuan ($97.65) a metric ton, ...
https://www.hellenicshippingnews.com/iron-ore-posts-weekly-loss-on-softer-china-demand-trade-uncertainty/The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Friday to post a weekly gain on higher capesize vessel rates. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, was up 65 points, or 4.8%, at 1,418, its highest in four ...
https://www.hellenicshippingnews.com/baltic-index-posts-weekly-gain-on-higher-capesize-rates/
https://www.hellenicshippingnews.com/baltic-index-posts-weekly-gain-on-higher-capesize-rates/Fincantieri and TUI Cruises, a joint venture between TUI AG and Royal Caribbean Cruises, have launched Mein Shiff Flow, a dual-fuel cruise ship newbuild.A sister ship to Mein Schiff Relax, delivered in February 2025, the new unit is scheduled to enter service in mid-2026.With approximately 160…
https://www.marinelink.com/news/tui-cruises-launches-fincantieribuilt-526318
https://www.marinelink.com/news/tui-cruises-launches-fincantieribuilt-526318Finnøy Gear & Propeller has signed a contract to deliver complete propulsion systems for a new series of eight cargo vessels being built for the Norwegian shipping company Wilson.The vessels will be constructed at Udupi Cochin Shipyard in India…
https://www.marinelink.com/news/finny-supply-propulsion-system-wilsons-526321
https://www.marinelink.com/news/finny-supply-propulsion-system-wilsons-526321By May this year, 158 cases of vessel abandonment had been recorded, up from 119 at the same point in 2024.These cases represent more than 1,501 seafarers who have reached out to the ITF for assistance, many of whom were left unpaid, without food…
https://www.marinelink.com/news/seafarer-abandonment-poised-pass-record-526331
https://www.marinelink.com/news/seafarer-abandonment-poised-pass-record-526331