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South Korean company Samsung Heavy Industries (SHI) has signed an exclusive supplier agreement with Norwegian energy giant Equinor for the construction of floating substructures for wind power facilities. Under the agreement, SHI will also be integrating towers and power turbines to the floating substructures. Equinor aims to secure the Firefly Offshore Wind Project which the …
https://splash247.com/shi-signs-exclusive-supply-deal-with-equinor-for-floating-wind-project/
https://splash247.com/shi-signs-exclusive-supply-deal-with-equinor-for-floating-wind-project/The International Maritime Organization has launched a new toolkit designed to help shipping respond better to ever-evolving insider threats. Insider threat refers to the risk that arises from a maritime employee carrying out or enabling a security incident, either through a lack of awareness, complacency or maliciousness. For terrorists and organised crime groups who are …
https://splash247.com/imo-seeks-to-address-risk-to-shipping-of-insider-threats/
https://splash247.com/imo-seeks-to-address-risk-to-shipping-of-insider-threats/A ruling by the D.C. Circuit Court has revoked NextDecade’s permit issued by the Federal Energy Regulatory Commission (FERC) for its Rio Grande LNG export terminal in Texas. In a case put in front of the court, the Sierra Club, the City of Port Isabel, the Carrizo/Comecrudo Tribe of Texas, and Vecinos para el Bienestar …
https://splash247.com/court-pulls-permit-for-nextdecades-us-lng-export-terminal/
https://splash247.com/court-pulls-permit-for-nextdecades-us-lng-export-terminal/Idan Ofer’s Eastern Pacific Shipping (EPS) has placed a landmark order for ultra large ethane carriers (ULECs) in China. According to multiple shipbuilding sources, the Singapore-based diversified owner has booked six 150,000 cu m vessels at Jiangnan Shipyard, marking a world’s first for this ship type, with more orders for similar units on the horizon. …
https://splash247.com/eastern-pacific-orders-supersized-ethane-carriers/
https://splash247.com/eastern-pacific-orders-supersized-ethane-carriers/Gus Majed, the CEO of the Paratus Group, addresses the risk management gap in the global bunker fuel and freight markets. The global bunker fuel market, consuming approximately 3.5m barrels per day, alongside the global freight market, with a staggering 900m dwt in dry and wet tonnage, plays a critical role in the world economy. …
https://splash247.com/how-to-manage-fuel-and-freight-price-risks/
https://splash247.com/how-to-manage-fuel-and-freight-price-risks/The Panama Canal Authority (ACP) has upped the maximum authorised draft allowed for vessels transiting the larger neopanamax locks by 30 cm to 14.94 m as it gets back to normal operations following more than a year of drought-linked difficulties. The canal increased daily transits to 35 slots on Monday with plans to get to …
https://splash247.com/panama-canal-inches-back-to-normality/
https://splash247.com/panama-canal-inches-back-to-normality/Malta has emerged as the top European destination for ship-to-ship (STS) transfers of Russian oil in the wake of the Greek navy’s decision to deter such activities in the Laconian Gulf. Since May 1, citing military exercises, the Greek navy has put out of bounds an area in international waters southeast of the Peloponnese islands, …
The world’s top two containerlines are charting opposing courses as they ready to go their separate ways from next year. Mediterranean Shipping Co (MSC) now has a fleet in excess of 6m teu, commanding a 20% share of the global operated container fleet while Maersk, which was the largest liner in the world through to …
https://splash247.com/maersk-fleet-plans-show-huge-divergence-with-rival-msc/
https://splash247.com/maersk-fleet-plans-show-huge-divergence-with-rival-msc/The Philippines, Canada, United States and Australia kicked off their first joint military exercise on Wednesday in the South China Sea to enhance inter-operability among their forces, the four countries' military said.The two-day exercise, which will involve naval and air force units, is the first
https://www.marinelink.com/news/philippines-us-australia-canada-hold-515726
https://www.marinelink.com/news/philippines-us-australia-canada-hold-515726Italy on Tuesday appointed a special commissioner to tackle the spread of the blue crab, an aggressive species that is preying on local clams and threatening a lucrative part of national food production.Originally from the western Atlantic,…
https://www.marinelink.com/news/italy-appoints-commissioner-tackle-spread-515727
https://www.marinelink.com/news/italy-appoints-commissioner-tackle-spread-515727