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Oman said it would keep the Strait of Hormuz open to shipping without imposing any tolls and had designated two temporary routes north and south of the existing shipping lane to facilitate the safe passage of vessels departing the region.In coordination with the International Maritime Organization…
https://www.marinelink.com/news/oman-opens-alternative-hormuz-lanes-540579
https://www.marinelink.com/news/oman-opens-alternative-hormuz-lanes-540579London-listed dry bulk owner Taylor Maritime is set to return at least $45m to shareholders after agreeing two more vessel-related disposals. The Ed Buttery-led company said it had sold one vessel that had been subject to a purchase option, generating net proceeds of $11.4m. Taylor Maritime has also agreed terms for the sale of its …
https://splash247.com/taylor-maritime-adds-two-more-deals-to-disposal-run/
https://splash247.com/taylor-maritime-adds-two-more-deals-to-disposal-run/US private equity giant Oaktree Capital Management is set to further reduce its stake in Danish product tanker owner Torm. A filing with the US Securities and Exchange Commission shows that Oaktree-linked OCM Njord Holdings has filed to sell 3.5m class A shares in the Nasdaq-listed company. The proposed sale values the shares at about …
https://splash247.com/oaktree-files-to-sell-103m-worth-of-torm-shares/
https://splash247.com/oaktree-files-to-sell-103m-worth-of-torm-shares/New York-listed VLGC owner Dorian LPG has ordered a new very large gas carrier at HD Hyundai as it moves to renew its fleet in a strong freight market. The John Hadjipateras-led company has signed up for one 90,000 cu m VLGC at the South Korean shipbuilding group for delivery in July 2029. The vessel …
https://splash247.com/dorian-lpg-books-vlgc-newbuild-and-sheds-older-trio/
https://splash247.com/dorian-lpg-books-vlgc-newbuild-and-sheds-older-trio/Three projects across Scotland have been awarded almost £1.7m ($2.25m) to boost training and skills for the country’s growing offshore wind sector. The funding will support the creation of a regional skills hub for the Highlands and Islands, the expansion of engineering construction programmes, and the development of new training courses at North East Scotland …
https://splash247.com/scotland-awards-funds-to-boost-offshore-wind-skills-pipeline/
https://splash247.com/scotland-awards-funds-to-boost-offshore-wind-skills-pipeline/Robert Gordon University’s Energy Transition Institute has warned that the next five years will be decisive for the North East of Scotland’s energy economy, as a new report sets out stark choices facing the region’s offshore workforce. The ‘Delivering Positive Energy’ report argues that the period to 2030 will not only shape the future of …
https://splash247.com/energy-transition-report-warns-of-offshore-workforce-cliff-edge/
https://splash247.com/energy-transition-report-warns-of-offshore-workforce-cliff-edge/An evacuation plan to enable hundreds of ships with some 11,000 seafarers stranded in the Gulf to sail through the Strait of Hormuz is underway after Iran and the U.S.
https://www.marinelink.com/news/evacuation-plan-underway-vessel-stranded-540565
https://www.marinelink.com/news/evacuation-plan-underway-vessel-stranded-540565Three stranded supertankers passed through the Strait of Hormuz on Tuesday, while seven empty Qatar-linked liquefied natural gas tankers have entered in recent weeks in an early sign Gulf gas shipping may be resuming, ship-tracking data showed.Iranian…
https://www.marinelink.com/news/vessels-pass-hormuz-empty-lng-tankers-540566
https://www.marinelink.com/news/vessels-pass-hormuz-empty-lng-tankers-540566Oman and Iran agreed on Tuesday to press on with discussions about the future administration of navigation in the Strait of Hormuz, including maritime services in the strategic waterway and the costs associated with them.In a joint statement issued after talks in Muscat…
https://www.marinelink.com/news/oman-iran-discuss-managing-strait-hormuz-540567
https://www.marinelink.com/news/oman-iran-discuss-managing-strait-hormuz-540567Oil tanker operators are reaping record profits after nearly doubling the hire cost of vessels going through the Strait of Hormuz and wider Gulf region this week on rising demand as traffic through the waterway slowly picks up, according to shipping data…
https://www.marinelink.com/news/gulf-tanker-rates-nearly-double-middle-540569
https://www.marinelink.com/news/gulf-tanker-rates-nearly-double-middle-540569