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Norwegian offshore supply vessel owner DOF Group has secured a contract with Petrobras for two of its anchor handling tug supply (AHTS) vessels.The two contracts, with a combined value of more than $220 million, are for Skandi Fluminense, a 2007 Brazilian-built AHTS vessel with 211t bollard pull…
https://www.marinelink.com/news/dof-scoops-m-ahts-vessel-contracts-528592
https://www.marinelink.com/news/dof-scoops-m-ahts-vessel-contracts-528592The board of directors of MacGregor Group AB has appointed Jonas Gustavsson Chief Executive Officer of MacGregor as of August 1, 2025. He succeeds Leif Byström, who is retiring.Jonas Gustavsson joined MacGregor in March 2025 as Deputy President.
https://www.marinelink.com/news/macgregor-appoints-new-ceo-528596
https://www.marinelink.com/news/macgregor-appoints-new-ceo-528596Fugro’s results in the first half year were significantly impacted by geopolitical and economic uncertainties. For the second half of 2025, the company expects a strong recovery resulting in a full-year EBIT margin of 8-11%, underpinned by revenue…
https://www.marinelink.com/news/fugro-h-impacted-weak-markets-recovery-528598
https://www.marinelink.com/news/fugro-h-impacted-weak-markets-recovery-528598Indian importers have bought a record 150,000 metric tons of soyoil from China in rare purchases, as a supply glut prompted Chinese crushers to sell at a discount to India’s traditional suppliers from South America, four trade sources said. The exports to India will help Chinese crushers cut inventories that surged after the country’s soybean ...
https://www.hellenicshippingnews.com/india-buys-record-soyoil-from-china-in-rare-move-sources-say/
https://www.hellenicshippingnews.com/india-buys-record-soyoil-from-china-in-rare-move-sources-say/Iron ore remains a standout performer among major commodities this year as it holds above $100 a metric ton despite mounting signs that the steel sector in top importer China is softening. The most-traded iron ore contract on the Singapore Exchange ended at $101.71 a ton on Wednesday, down from $102.74 at the prior close. ...
https://www.hellenicshippingnews.com/china-iron-ore-imports-hold-up-as-storm-clouds-gather/
https://www.hellenicshippingnews.com/china-iron-ore-imports-hold-up-as-storm-clouds-gather/SSE Renewables has secured the final major consent for its 4.1 GW Berwick Bank offshore wind farm, with Scottish ministers granting approval under Section 36 for the project’s main offshore array. Located about 38km off the East Lothian coast in the outer Firth of Forth, the Berwick Bank site stands ready to move toward construction, …
https://splash247.com/scotland-greenlights-mammoth-offshore-wind-project/
https://splash247.com/scotland-greenlights-mammoth-offshore-wind-project/The protracted biggest ports sale in history made multiple headlines this week. CK Hutchison, the Hong Kong-based conglomerate, confirmed on Monday that it is in discussions to bring a “major strategic investor” from China into the bidding consortium for its $22.8bn global ports business. The move follows the expiration of a 145-day exclusivity agreement with …
https://splash247.com/splash-wrap-hutchison-ports-caught-in-trump-beijing-crossfire/
https://splash247.com/splash-wrap-hutchison-ports-caught-in-trump-beijing-crossfire/The explosion in global demand for data processing and storage is colliding with constraints on land-based infrastructure, leading to new maritime solutions: floating data centres. These facilities, hosted on barges or retrofitted ships, promise flexibility, cheaper deployment, and relief from land and water resource pressures. Nautilus Data Technologies has pioneered the model, operating Stockton 1 …
https://splash247.com/floating-data-centres-become-a-new-segment-for-shipping-to-pursue/
https://splash247.com/floating-data-centres-become-a-new-segment-for-shipping-to-pursue/Greek dry bulk owner Diana Shipping has increased its stake in US-listed peer Genco Shipping & Trading. Filing with the US Securities and Exchange Commission shows the Semiramis Paliou-led Diana paid a total of around $61.7m for 4.29m of Genco’s shares, corresponding to a 9.99% stake. In July, Diana disclosed a 7.7% position in Genco …
https://splash247.com/diana-shipping-reaches-near-10-stake-in-genco/
https://splash247.com/diana-shipping-reaches-near-10-stake-in-genco/Pierre Aury provides readers with a history of electricity generation and why the push for renewables could still be a net positive for shipping. Shipping’s been carrying growing volumes of fossil fuels for a longer period of time than anticipated. In the late 19th century, Thomas Edison and Nikola Tesla were locked in the war …
https://splash247.com/electricity-blackouts-are-a-blessing-for-shipping/
https://splash247.com/electricity-blackouts-are-a-blessing-for-shipping/