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GTT and Deltamarin have obtained an approval in principle (AIP) from Lloyd's Register for their design of a dual-fuel very large crude carrier (VLCC), which incorporates a 12,500m3 liquefied natural gas (LNG) tank equipped with GTT's Mark III…
https://www.marinelink.com/news/lr-grants-aip-lng-dualfuel-vlcc-design-509050
https://www.marinelink.com/news/lr-grants-aip-lng-dualfuel-vlcc-design-509050Israel will provide compensation for ships that are damaged due to the war in Gaza and the government is taking steps to minimise risks for vessels using the country's ports, government advisories said.Israel has vowed to annihilate the Hamas…
https://www.marinelink.com/news/israel-pay-compensation-ships-damaged-509051
https://www.marinelink.com/news/israel-pay-compensation-ships-damaged-509051Royal Caribbean Group on Thursday lifted its full-year profit forecast for a third time and said bookings for the next year were "significantly outpacing" pre-pandemic levels by a wide margin, sending its shares up about 3%.Cruise operators…
https://www.marinelink.com/news/royal-caribbean-raises-profit-target-509052
https://www.marinelink.com/news/royal-caribbean-raises-profit-target-509052Lloyd's Register (LR) will classify two methanol-ready Commissioning Service Operations Vessels (CSOVs) being built by VARD for the UK-based offshore vessel operator North Star."The new tonnage will increase North Star’s offshore wind capabilities…
https://www.marinelink.com/news/lloyds-register-classify-methanolready-509053
https://www.marinelink.com/news/lloyds-register-classify-methanolready-509053A U.S. appeals court on Thursday temporarily paused a federal judge's order last month that had required the Biden administration to expand a planned offshore oil and gas auction in the Gulf of Mexico by 6 million acres (2.4 million hectares).The U.S.
https://www.marinelink.com/news/us-appeals-court-blocks-gulf-mexico-oil-509055
https://www.marinelink.com/news/us-appeals-court-blocks-gulf-mexico-oil-509055The three incidents that resulted in damage to a gas pipeline and two telecom cables between Estonia, Finland and Sweden "are related", Estonian Prime Minister Kaja Kallas said.Finnish police leading the pipeline investigation have named the…
https://www.marinelink.com/news/three-baltic-pipe-cable-incidents-related-509059
https://www.marinelink.com/news/three-baltic-pipe-cable-incidents-related-509059Andrew Craig-Bennett gives readers his take on the rise of the shadow tanker fleet. In 1995, I wrote in a column that “good” shipowners, of whom there are several, the people who look after their ships and their crews, whose immaculate ocean greyhounds arrive with pretty much the cargo that they set out with, and …
https://splash247.com/the-dark-side/
https://splash247.com/the-dark-side/Shipbuilding might be enjoying record-long orderbooks and elevated prices, but margins remain wafer-thin for many as evidenced in South Korea where one of the nation’s oldest shipyards has applied for a debt workout with its main creditor. Busan-based Daesun Shipbuilding & Marine Engineering, whose history dates back to 1945, has sought debt protection from the …
https://splash247.com/korean-shipyard-seeks-bank-protection/
https://splash247.com/korean-shipyard-seeks-bank-protection/With just over two months to go until its implementation, the European Union’s emissions trading system (EU ETS) is proving to be as contentious as the 2020 scrubber debate. The lead story in this month’s Splash Extra identifies the inconsistencies with the new regulation with suggestions for urgent patches to make the ruling more functional. …
https://splash247.com/inconsistencies-of-the-upcoming-eu-emissions-trading-system-laid-bare/
https://splash247.com/inconsistencies-of-the-upcoming-eu-emissions-trading-system-laid-bare/French family-owned shipowner Louis Dreyfus Armateurs (LDA) has been tapped by Airbus, the world’s biggest planemaker to renew its fleet of chartered roro vessels. LDA is to build, own and operate three modern, low-emission sips, supported by wind-assisted propulsion. “This new project, setting high targets, reflects our ambition regarding the decarbonisation of the shipping industry,” …
https://splash247.com/louis-dreyfus-armateurs-to-order-wind-assisted-roros-for-airbus-charter/
https://splash247.com/louis-dreyfus-armateurs-to-order-wind-assisted-roros-for-airbus-charter/