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BW Offshore's blue ammonia floating production, storage and offloading (FPSO) concept, jointly developed with McDermott, has received Approval in Principle (AiP) from DNV, advancing the proposed offshore low-carbon ammonia production solution…
https://www.marinelink.com/news/dnv-backs-blue-ammonia-fpso-concept-bw-543425
https://www.marinelink.com/news/dnv-backs-blue-ammonia-fpso-concept-bw-543425Dutch offshore vessel owner Acta Marine has christened its commissioning service operation vessel (CSOV) Acta Hercules in IJmuiden, the Netherlands, as the company moves closer to completing its four-vessel newbuild program.Acta Hercules was…
https://www.marinelink.com/news/acta-marine-christens-vestaschartered-543426
https://www.marinelink.com/news/acta-marine-christens-vestaschartered-543426DOF Group has received a letter of intent for a contract valued at between $50 million and $100 million that would secure work for one of its I-class vessels in the first half of 2028.The scope includes DOF's in-house project management and engineering…
https://www.marinelink.com/news/dof-nears-large-contract-iclass-vessel-543428
https://www.marinelink.com/news/dof-nears-large-contract-iclass-vessel-543428The Singapore Registry of Ships (SRS) is marking its 60th anniversary with plans to modernize ship registration and accommodate a fleet increasingly adopting alternative fuels.Established in 1966, SRS has grown to more than 4,400 vessels. At the end of 2025…
https://www.marinelink.com/news/singapore-ship-registry-marks-years-plans-543430
https://www.marinelink.com/news/singapore-ship-registry-marks-years-plans-543430Mitsui O.S.K. Lines' MOL Ocean Bulk has signed a 25-year contract with Vale International to transport iron ore using two 210,000-tonne ore carriers equipped with tri-fuel propulsion systems capable of running on ethanol, methanol and conventional heavy fuel oil.The vessels…
https://www.marinelink.com/news/mol-joins-vales-first-trifuel-ore-carrier-543432
https://www.marinelink.com/news/mol-joins-vales-first-trifuel-ore-carrier-543432Today, Friday, October 2 2026, the Baltic Dry Index climbed 8 points, 3148 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 hit a ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-3148-up-8-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-3148-up-8-points/China National Petroleum Offshore Engineering has agreed to buy two 400-ft jackup rigs from Dalian Shipbuilding Offshore Engineering for RMB1.77bn ($250m). The deal was confirmed in a transaction result notice, naming Dalian Offshore as the supplier of the two units. The procurement documents link the units to future work in the Bohai Sea and overseas …
https://splash247.com/cnpc-offshore-arm-buys-two-jackups-for-250m/
https://splash247.com/cnpc-offshore-arm-buys-two-jackups-for-250m/ConocoPhillips is considering selling its Norwegian operations and the Teesside terminal in the UK after receiving an unsolicited offer for the linked North Sea assets. The US producer has informed employees, partners, and regulators that it is reviewing the approach. It has not identified the prospective buyer or disclosed the terms and stressed that it …
https://splash247.com/conocophillips-reviews-sale-of-norway-business/
https://splash247.com/conocophillips-reviews-sale-of-norway-business/South Africa is pressing ahead with one of the most significant restructurings of its troubled ports sector in decades, with cabinet backing the separation of Transnet National Ports Authority (TNPA) from Transnet and its establishment as a standalone state-owned company. The move would see the country’s national port landlord owned directly by the state rather …
https://splash247.com/south-africa-advances-landmark-ports-shake-up/
https://splash247.com/south-africa-advances-landmark-ports-shake-up/Nippon Yusen Kaisha (NYK) is opening a new outpost in Silicon Valley as the Japanese shipping major looks to get closer to the startups, investors and research institutions shaping artificial intelligence, energy and digital technology. NYK Group Americas will establish a branch in Sunnyvale, California, this month, using it as a scouting and business development …
https://splash247.com/nyk-plants-flag-in-silicon-valley/
https://splash247.com/nyk-plants-flag-in-silicon-valley/