Access cargoes, ship positions, ships and parts for sale, news, events and jobs
TORM A/S has acquired the remaining 25% ownership stake in ME Production (MEP) from founder and CEO Jens Peter Faldt. MEP is a Danish industrial engineering company with a proven record in green maritime equipment. This expansion follows TORM’s initial acquisition of a 75% ownership stake in 2022…
https://www.marinelink.com/news/torm-acquires-full-ownership-production-526451
https://www.marinelink.com/news/torm-acquires-full-ownership-production-526451An agreement between Höegh Autoliners and green industry pioneer Nordic Circles launches a national project that will change the handling of decommissioned ships. Using Norwegian technology, labor, and industry, old ships will be upcycled in Norway into certified building materials—without melting…
https://www.marinelink.com/news/hegh-autoliners-nordic-circles-partner-526454
https://www.marinelink.com/news/hegh-autoliners-nordic-circles-partner-526454Energy producer Shell has made a positive final investment decision on its Aphrodite gas project offshore Trinidad and Tobago, the company said on Tuesday.The project is expected to produce first gas in 2027 and have a peak production of 18…
https://www.marinelink.com/news/shell-makes-investment-decision-trinidad-526455
https://www.marinelink.com/news/shell-makes-investment-decision-trinidad-526455The rise of India’s steel sector is touted as a boost for iron ore miners seeking to find new markets as China’s output eases, but the reality is likely to fall short of the hype. India’s steel-making capacity is currently about 200 million metric tons per annum and the South Asian nation has ambitious plans ...
https://www.hellenicshippingnews.com/indias-iron-ore-imports-to-trend-higher-but-its-no-china/
https://www.hellenicshippingnews.com/indias-iron-ore-imports-to-trend-higher-but-its-no-china/The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a fifth straight session on Tuesday on firmer rates for capesize and panamax vessel segments. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, was up 8 points, or 0.6%, at 1,430 ...
https://www.hellenicshippingnews.com/baltic-index-gains-for-fifth-straight-session-2/
https://www.hellenicshippingnews.com/baltic-index-gains-for-fifth-straight-session-2/Greek shipowner OceanPal has struck a deal to sell its oldest bulk carrier. The Nasdaq-listed company is shipping out the 2004-built panamax Protefs to an unnamed buyer for $7m before commissions. The Jiangnan Shanghai Changxing-built 73,600 dwt unit should change hands by June 17. Earlier this year, OceanPal sold the 2005-built 171,800 dwt Salt Lake …
https://splash247.com/oceanpal-offloads-its-oldest-bulker/
https://splash247.com/oceanpal-offloads-its-oldest-bulker/UK-based shipowner Purus Marine has firmed up an order for a new LNG carrier at HD Hyundai Heavy Industries, adding to its growing gas carrier orderbook in South Korea. The Julian Proctor-led company has signed for a 180,000 cu m newbuild with delivery set for the fourth quarter of 2027 into a long-term charter with …
https://splash247.com/purus-confirms-south-korean-lng-carrier-order/
https://splash247.com/purus-confirms-south-korean-lng-carrier-order/Kongsberg Maritime has secured a contract to supply a comprehensive equipment package for four new offshore construction vessels (OCVs) to be built at Cosco Nantong for Norwegian offshore services provider Sea1 Offshore.Kongsberg Maritime and…
https://www.marinelink.com/news/kongsberg-maritime-supply-equipment-sea-526428
https://www.marinelink.com/news/kongsberg-maritime-supply-equipment-sea-526428Classification Society DNV has granted Approval in Principle (AiP) certificates to Hudong-Zhonghua Shipbuilding for three new vessel designs.The AiPs highlight the ongoing collaboration between the two organizations and reinforce their shared…
https://www.marinelink.com/news/dnv-greenlights-hudongzhonghuas-three-526429
https://www.marinelink.com/news/dnv-greenlights-hudongzhonghuas-three-526429The SL7EXPO project, which aims to preserve one of the groundbreaking SL-7 Sea-Land Container ships as a commercial maritime exposition center in support of the SHIPS for America Act, has received seed funding from the Society of Marine Port…
https://www.marinelink.com/news/society-marine-port-engineers-backs-526433
https://www.marinelink.com/news/society-marine-port-engineers-backs-526433