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New U.S. tariffs and escalating global trade tensions have reshaped vessel markets in the first half of 2025, curbing investment in some sectors while accelerating strategic orders in others, according to the Half-Year Market Report by Veson Nautical…
https://www.marinelink.com/news/turbulent-first-half-echoes-across-global-527776
https://www.marinelink.com/news/turbulent-first-half-echoes-across-global-527776Market average spot rates – July 8, 2025:Far East to US West Coast: USD 2673 per FEU (40ft container)Far East to US East Coast: USD 5151 per FEUFar East to North Europe: USD 3393 per FEUFar East to Mediterranean: USD 4197 per FEUNorth Europe…
https://www.marinelink.com/news/xeneta-ocean-container-shipping-market-527782
https://www.marinelink.com/news/xeneta-ocean-container-shipping-market-527782Norway’s Aker Solutions has been awarded a contract by Equinor to prepare the topside of the Troll C offshore platform to receive and process production from the Fram Sør tie-in. Fram Sør will be developed as a subsea tie-in to Troll C and will utilise the existing processing capacity on the platform. The area is …
https://splash247.com/aker-solutions-to-modify-equinor-platform-for-subsea-tie-in/
https://splash247.com/aker-solutions-to-modify-equinor-platform-for-subsea-tie-in/John Fredriksen-controlled Northern Ocean, a semisub spin-off of Northern Drilling, has won a contract for one of its rigs with a subsidiary of Rhino Resources. The deal is for the 2018-built Deepsea Mira for operations in Namibia set to start in mid-July 2025. The contract includes one firm well for Rhino, one firm well for …
https://splash247.com/northern-drilling-wins-40m-deal-for-campaign-off-namibia/
https://splash247.com/northern-drilling-wins-40m-deal-for-campaign-off-namibia/Singapore-based Transworld Group has acquired two 2,478 teu sister ships — Seaspan Loga and Seaspan Hannover — from Canadian shipowner Seaspan Corp, according to Alphaliner. The total transaction value is $27.5m, with Seaspan Loga sold for $13.2m and Seaspan Hannover for $14.3m. The acquisition adds two larger feedermax vessels to Transworld’s growing portfolio, pushing its …
https://splash247.com/transworld-takes-on-its-largest-boxships-to-date/
https://splash247.com/transworld-takes-on-its-largest-boxships-to-date/Germany’s top port, Hamburg, has unveiled a sweeping infrastructure investment of €1.1bn ($1.29bn) aimed at modernising its container handling capabilities at the Waltershofer Hafen. This large-scale development will significantly upgrade navigational access, expand terminal capacity, and usher in an era of automated and climate-friendly operations. At the heart of the investment lies a strategic revamp …
https://splash247.com/1-3bn-set-to-be-spent-developing-hamburg-port/
https://splash247.com/1-3bn-set-to-be-spent-developing-hamburg-port/UK-based Sedna is pressing ahead with its expansion in the maritime tech space with the acquisition of Norwegian voyage management software specialist Dataloy Systems. Bergen-based Dataloy Systems, with over 20 years of experience, serves a global client roster that includes Saga Welco, Golden Ocean, Stena Bulk, and Klaveness. The company’s platform supports voyage planning, chartering, …
https://splash247.com/sedna-extends-acquisition-streak-with-dataloy-systems-buy/
https://splash247.com/sedna-extends-acquisition-streak-with-dataloy-systems-buy/Davie, the Québec-based international shipbuilder and owner of Helsinki Shipyard, is acquiring Enersense Offshore, another Finnish shipyard based in Mäntyluoto, a port district of the city of Pori. The smaller yard will be used to supply local steel to Helsinki Shipyard as well as to Davie’s operations in North America. “This deal will reinforce our …
https://splash247.com/davie-acquires-second-finnish-shipyard/
https://splash247.com/davie-acquires-second-finnish-shipyard/The Kerala state government has filed an admiralty suit against Mediterranean Shipping Company (MSC), seeking $1.1bn in compensation for environmental and economic damages resulting from the sinking of the MSC Elsa-3 off the state’s coast on May 25. The Liberian-flagged, 1997-built containership, en route from Vizhinjam to Kochi, capsized approximately 13 nautical miles off Alappuzha …
South Korea’s revitalised mid-sized shipbuilder, K Shipbuilding, has been officially put on the market, with owners targeting a sale price of up to KRW1trn ($730m). The sale marks a dramatic turnaround for the former STX Offshore & Shipbuilding, which had once been under court receivership following the 2008 global financial crisis. Once the world’s fourth-largest …
https://splash247.com/k-shipbuilding-put-up-for-sale/
https://splash247.com/k-shipbuilding-put-up-for-sale/