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French liner CMA CGM and French public sector investment bank Bpifrance have launched a €200m ($214.5m) fund to push forward the French maritime industry’s energy transition. Of the €200m, €20m will go to help decarbonise fleets of French shipping firms, €110m and €50m will be assigned to grants and equity investments, respectively, for maritime decarbonisation …
https://splash247.com/cma-cgm-reveals-details-of-214m-french-shipping-decarbonisation-fund/
https://splash247.com/cma-cgm-reveals-details-of-214m-french-shipping-decarbonisation-fund/Avenir LNG has returned to China’s Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE) for a pair of 20,000 cu m LNG bunker vessel newbuilds. The London-based outfit did not reveal the value of the contract but said the newbuilds would be delivered in the fourth quarter of 2026 and the first quarter of 2027. …
https://splash247.com/avenir-lng-back-at-cimc-soe-for-lng-bunker-newbuild-brace/
https://splash247.com/avenir-lng-back-at-cimc-soe-for-lng-bunker-newbuild-brace/New York-listed Greek bulker owner Diana Shipping has entered into a time charter contract with Bulk Trading for one of its ultramax dry bulk vessels. Bulk Trading hired the 2017-built, 60,456 dwt bulker DSI Phoenix. The gross charter rate is $16,500 per day, minus a 5% commission paid to third parties, for a period until …
https://splash247.com/diana-shipping-fixes-out-ultramax-to-bulk-trading/
https://splash247.com/diana-shipping-fixes-out-ultramax-to-bulk-trading/UK-based small-scale liquefied natural gas (LNG) supplier Avenir LNG has entered into a shipbuilding contract with Nantong CIMC Sinopacific Offshore & Engineering in China, a subsidiary of CIMC Enric, for two new LNG bunker and supply vessels.The two 20…
https://www.marinelink.com/news/avenir-lng-orders-two-lng-bunker-supply-513223
https://www.marinelink.com/news/avenir-lng-orders-two-lng-bunker-supply-513223Damen Shipyards has launched a Combi Freighter (CF) 3850 at the Ba Son Shipyard in Vietnam, built for German shipping company Reederei M. Lauterjung.The CF 3850 is the first in a two-vessel order from Reederei M. Lauterjung. Following this order…
https://www.marinelink.com/news/damen-launches-new-cargo-vessel-german-513224
https://www.marinelink.com/news/damen-launches-new-cargo-vessel-german-513224Norwegian shipowner MPC Container Ships (MPCC) has signed a $55 million pre and post-delivery ECA covered financing agreement with Deutsche Bank and SINOSURE for its two dual-fuel methanol newbuildings.The vessels are scheduled for delivery…
https://www.marinelink.com/news/mpcc-secures-funding-two-dualfuel-513225
https://www.marinelink.com/news/mpcc-secures-funding-two-dualfuel-513225Babcock has been awarded the contract to manage the Type 23 class frigate Refit Support Group, allowing the company to take end-to-end responsibility for vessel upkeep and regeneration in preparation for handover to the ship’s crew.This innovative…
https://www.marinelink.com/news/babcock-takes-charge-type-frigate-upkeep-513226
https://www.marinelink.com/news/babcock-takes-charge-type-frigate-upkeep-513226Founded as the Military Sea Transportation Service (MSTS) and renamed Military Sealift Command in 1970, MSC today not only support the Navy, but we are the Department of Defense's provider of all sealift. Maritime Reporter & Engineering News recently interviewed Rear Adm. Philip Sobeck, U.S.
https://www.marinelink.com/news/rear-adm-philip-sobeck-msc-needs-mariners-513228
https://www.marinelink.com/news/rear-adm-philip-sobeck-msc-needs-mariners-513228UK-based Exail has secured a contract with French maritime services provider Bourbon to supply several units of its Octans Attitude and Heading Reference Systems (AHRS) for integration into Bourbon Subsea Services’s fleet.These units will be…
https://www.marinelink.com/news/bourbon-orders-exail-tech-streamline-513230
https://www.marinelink.com/news/bourbon-orders-exail-tech-streamline-513230Shipping must engage with the decarbonization realities that lie ahead by changing the way it crafts maritime legislation to reflect its place in the interconnected, interdependent world economy, says Eero Lehtovaara, Head of Regulatory & Public Affairs…
https://www.marinelink.com/news/seeing-ship-a-system-changes-everything-513231
https://www.marinelink.com/news/seeing-ship-a-system-changes-everything-513231