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Malaysia-based offshore marine group Nam Cheong has secured shipbuilding contracts worth $64.5m for four offshore support vessels from a UAE-based energy maritime logistics company. This marks the company’s first shipbuilding contract win in over a decade, as newbuild demand recovery gradually gains momentum. The contracts comprised two 60-metre dive support vessels (DSVs) and two 60-metre …
https://splash247.com/nam-cheong-wins-64-5m-osv-newbuild-deal-after-decade-long-hiatus/
https://splash247.com/nam-cheong-wins-64-5m-osv-newbuild-deal-after-decade-long-hiatus/Wolfgang Lehmacher discusses the Strait of Gibraltar. The Strait of Gibraltar is treated as a passage, not a system. That view might be too limited. The 14-km gap between Spain and Morocco is emerging as a test of whether we can run a maritime chokepoint as a governed trade corridor rather than a strip of …
https://splash247.com/the-chokepoint-that-shows-whether-we-have-learnt-anything/
https://splash247.com/the-chokepoint-that-shows-whether-we-have-learnt-anything/The Indian National Shipowners’ Association (INSA) has become a full member of the International Chamber of Shipping (ICS), the latest sign of the world’s most populous nation gearing up on the global maritime stage. Welcoming the announcement, Thomas Kazakos, ICS secretary-general, said: “India plays an increasingly important role in global shipping, not only through its …
European shipowner RFOcean has signed a binding long-term off-take agreement with ETFuels to purchase e-methanol at a fixed price from 2030. RFOcean has already ordered eight new diesel-electric, methanol-ready/fitted chemical tankers for European regional trades, making it one of the top five owners of methanol-capable vessels globally. “This isn’t just about compliance, it’s about competitive …
https://splash247.com/rfocean-fixes-methanol-fuel-deal/
https://splash247.com/rfocean-fixes-methanol-fuel-deal/Swiss engine designer WinGD has completed what is said to be the first type approval and factory acceptance testing programme for an ammonia-fuelled two-stroke marine engine, moving ammonia propulsion closer to commercial use. The tests on the X52DF-A-1.0 engine were completed in January at the engine works of HD Hyundai Heavy Industries in South Korea. …
https://splash247.com/ammonia-fuelled-engines-edge-toward-service/
https://splash247.com/ammonia-fuelled-engines-edge-toward-service/China has taken another step toward fully autonomous shipping after the smart feeder vessel Zhi Fei completed an end‑to‑end unmanned call at Qingdao port, executing autonomous navigation, berthing, mooring and container handling with no human intervention. The 300 teu, battery‑electric Zhi Fei – operated by Navigation Brilliance (Brinav) in partnership with Shandong Port Group – …
Greece’s Capital Tankers Corp, a tanker owner linked to Evangelos Marinakis-led Capital Maritime & Trading, is preparing to list in Oslo, backed by a large crude tanker orderbook and plans to raise up to about $345m. The Athens-based owner aims to raise the NOK equivalent of about $300m through the share sale, with a further …
https://splash247.com/marinakis-spins-out-tanker-arm-for-345m-oslo-raise/
https://splash247.com/marinakis-spins-out-tanker-arm-for-345m-oslo-raise/One of the best-known names in container shipping is stepping back from his frontline role. Jeremy Nixon, who has been CEO of Japanese liner Ocean Network Express (ONE) since it was founded in 2018, will move aside at the start of July, with Till Ole Barrelet, formerly head of Emirates Shipping Line (ESL), taking over. …
https://splash247.com/jeremy-nixon-hands-reins-of-one-to-till-ole-barrelet-after-eight-year-run/
https://splash247.com/jeremy-nixon-hands-reins-of-one-to-till-ole-barrelet-after-eight-year-run/Shell and Greece’s METLEN have signed a memorandum of understanding (MoU) to establish a framework for cooperation in the supply and trading of liquefied natural gas (LNG).Under the agreement, the two companies plan to supply and trade approximately…
https://www.marinelink.com/news/shell-metlen-sign-lng-supply-trading-deal-536127
https://www.marinelink.com/news/shell-metlen-sign-lng-supply-trading-deal-536127U.S. military forces seized a sanctioned oil tanker in the Indian Ocean after tracking it from Caribbean waters, the Pentagon said on Tuesday, adding that it was the third such interdiction in that region.After capturing Venezuelan President Nicolas Maduro in a military raid last month in Caracas…
https://www.marinelink.com/news/us-seizes-third-indian-ocean-oil-tanker-536078
https://www.marinelink.com/news/us-seizes-third-indian-ocean-oil-tanker-536078