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Batteries have become a practical part of maritime decarbonization. They are used on ferries, harbor craft, tugs, offshore support vessels, crew transfer vessels, various types of remotely operated vessels, and hybrid ships to reduce fuel burn…
https://www.marinelink.com/news/critical-minerals-sea-battery-supply-542193
https://www.marinelink.com/news/critical-minerals-sea-battery-supply-542193Sub-Saharan Africa’s deepwater production is expected to grow by over 1 million boe/d by 2035 and big-ticket projects taking final investment decisions (FIDs) in 2026 and 2027 will be key to unlocking this.In late January, Equatorial Guinea and Chevron signed-off the Aseng Gas blowdown project.
https://www.marinelink.com/news/deepwater-fids-set-drive-subsaharan-542194
https://www.marinelink.com/news/deepwater-fids-set-drive-subsaharan-542194Russia's second new domestically-built ice-class carrier for transporting liquefied natural gas, the Konstantin Posiet, departed from Bolshoy Kamen Bay in Primorsky Krai and set a course along the Northern Sea Route, LSEG data showed.For Russia…
https://www.marinelink.com/news/russian-iceclass-lng-carrier-heads-via-542197
https://www.marinelink.com/news/russian-iceclass-lng-carrier-heads-via-542197Aqua superPower, a provider of fast-charging marine infrastructure, and Hyke, developer of electric passenger ferries, have signed a Memorandum of Understanding (MoU) to help create a blueprint for electrified urban ferry networks that can unlock…
https://www.marinelink.com/news/hyke-aqua-superpower-partner-expand-542198
https://www.marinelink.com/news/hyke-aqua-superpower-partner-expand-542198Excessive humidity can damage sensitive equipment in offshore measurement systems, impair data quality and necessitate costly service call-outs. Customers in offshore data collection and marine research therefore use ThoMar's SeaDry to reduce…
https://www.marinelink.com/news/seadry-protects-offshore-instrumentation-542199
https://www.marinelink.com/news/seadry-protects-offshore-instrumentation-542199J.F. Brennan Company (Brennan) has acquired the marine operations of Budrovich Contracting Co., Inc., establishing a permanent presence in St. Louis and building on its longstanding relationships in the region.The acquisition builds on a seven…
https://www.marinelink.com/news/brennan-acquires-budrovichs-marine-ops-542201
https://www.marinelink.com/news/brennan-acquires-budrovichs-marine-ops-542201China Merchants Energy Shipping (CMES) has firmed long-term charter deals for five multipurpose newbuildings, locking in another 422,500 dwt of capacity for its growing general cargo operation. The Shanghai-listed owner has signed for three 84,500 dwt ships from CMB Financial Leasing and another two from China Merchants Financial Leasing. The initial three-year charter period will …
https://splash247.com/china-merchants-firms-charter-deal-for-five-mpp-newbuilds/
https://splash247.com/china-merchants-firms-charter-deal-for-five-mpp-newbuilds/Hong Kong-listed Seacon Shipping is refinancing four modern chemical tankers in a $103.4m sale-and-leaseback switch that will cut the margin on the vessels’ debt. The Qingdao-based owner is exercising early purchase options on the 18,500 dwt Golden Banyan, Golden Cedar, Golden Maple and Golden Olive for a combined $107.9m, bringing to an end financing arrangements …
https://splash247.com/seacon-refinances-chemical-tanker-quartet/
https://splash247.com/seacon-refinances-chemical-tanker-quartet/A suezmax firmly in the shadow-fleet age bracket is changing hands for just under $50m, with the price tag showing that tanker values in this segment show no sign of cooling down. Joining a long list of suezmaxes changing hands this year is the Sonangol Namibe (158,425 dwt, built 2007 at Daewoo). To the surprise …
https://splash247.com/sonangol-sells-19-year-old-suezmax-for-nearly-50m/
https://splash247.com/sonangol-sells-19-year-old-suezmax-for-nearly-50m/A.P. Moller Capital has agreed to acquire a majority stake in Moroccan logistics group Globex Investissement, putting capital from its recently established Morocco-focused logistics fund to work. The deal is being made through the Emerging Markets Infrastructure Fund II and APM Capital Morocco Fund. Financial terms and the size of the majority holding were not …
https://splash247.com/a-p-moller-capital-swoops-for-moroccan-logistics-group-globex/
https://splash247.com/a-p-moller-capital-swoops-for-moroccan-logistics-group-globex/