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John Fredriksen-backed SFL Corporation has agreed to sell two of its older suezmax tankers, continuing a selective reshuffle of its tanker portfolio. The US- and Oslo-listed owner said it will dispose of the 2015-built SFL Thelon and SFL Ottawa, both 160,000 dwt vessels currently on charter to Koch Industries. The gross sales price is expected …
https://splash247.com/fredriksens-sfl-cashes-in-on-oldest-suezmaxes/
https://splash247.com/fredriksens-sfl-cashes-in-on-oldest-suezmaxes/Pierre Aury writes for Splash that in shipping, low barriers to entry are being offset by digital barriers to exit quietly built by IT vendors. The dry bulk and tanker markets are classic examples of commoditized, low-differentiation industries with hardly any barriers to entry. Vessels are more or less standardized assets. A newcomer can easily …
https://splash247.com/barriers-to-entry-barriers-to-exit-and-disintermediation/
https://splash247.com/barriers-to-entry-barriers-to-exit-and-disintermediation/Finnish engineering group Wärtsilä has agreed to divest its Gas Solutions business to German private equity investor Mutares SE & Co. KGaA, continuing its efforts to streamline operations and unlock value from its portfolio.Gas Solutions, which operates globally across the gas value chain…
https://www.marinelink.com/news/wrtsil-sell-gas-solutions-business-533777
https://www.marinelink.com/news/wrtsil-sell-gas-solutions-business-533777Norwegian offshore vessel owner and subsea services provider DOF Group has secured several new project awards in the Atlantic region and a separate contract in North America with Shell.The Atlantic region awards, amounting to over $60 million…
https://www.marinelink.com/news/dof-expands-backlog-atlantic-awards-shell-533778
https://www.marinelink.com/news/dof-expands-backlog-atlantic-awards-shell-533778Offshore seismic services firm Shearwater Geoservices has finalized the preparations for the upcoming start of a new multi-client seismic project offshore Nigeria.The 3D survey is backed by significant industry funding and will be executed in…
https://www.marinelink.com/news/shearwater-set-start-multiclient-survey-533779
https://www.marinelink.com/news/shearwater-set-start-multiclient-survey-533779Singapore-based Seatrium has resolved its dispute with an affiliate of Maersk Offshore Wind, over the delivery of a wind turbine installation vessel (WTIV), originally intended for Equinor’s Empire Wind 1 project in the United States.Under the…
https://www.marinelink.com/news/seatrium-maersk-settle-m-wtiv-dispute-533783
https://www.marinelink.com/news/seatrium-maersk-settle-m-wtiv-dispute-533783Japanese power generator JERA has signed separate heads of agreements with Mitsui O.S.K. Lines (MOL) and NYK Group for the charter of ammonia carriers, as it moves toward establishing Japan’s first large-scale low-carbon ammonia transport chain.Under the agreements…
https://www.marinelink.com/news/mol-nyk-agree-ammonia-carrier-charters-533786
https://www.marinelink.com/news/mol-nyk-agree-ammonia-carrier-charters-533786Fincantieri Marinette Marine (FMM) appointed former U.S. ambassador to Norway and the 77th Secretary of the Navy, Kenneth J. Braithwaite, as Chairman of their Board of Directors. Braithwaite brings a career in defense and public service to the role, as well as deep Navy ties.
https://www.marinelink.com/news/fincantieri-marinette-marine-appoints-533788
https://www.marinelink.com/news/fincantieri-marinette-marine-appoints-533788China imported no soybeans from the United States for a third straight month in November, as buyers turned to South American supplies amid fears of a shortfall if the trade war with Washington dragged on. KEY DETAILS U.S. soybean imports fell to zero in November from 2.79 million metric tons a year earlier, data from ...
https://www.hellenicshippingnews.com/china-imports-no-us-soybeans-for-third-month-argentine-arrivals-up-634/Today, Monday, December 22 2025, the Baltic Dry Index decreased by 44 points, reaching 1979 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1979-down-44-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1979-down-44-points/