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A week of confusing fundamentals saw nearly all markets reacting as bizarrely as on “Liberation Day” tariffs from back in April, says cash buyer GMS.The tariffs, finally being levied on key destinations (including India) this week, saw turmoil across the board as the week ended.
https://www.marinelink.com/news/ship-recyclers-face-confusing-528831
https://www.marinelink.com/news/ship-recyclers-face-confusing-528831Ørsted’s Board of Directors has approved the interim report for the first half of 2025, with Rasmus Errboe, Group President and CEO, saying he is satisfied with the company’s strong operational performance which saw earnings of DKK 13.9 billion…
https://www.marinelink.com/news/rsted-delivers-strong-h-results-528832
https://www.marinelink.com/news/rsted-delivers-strong-h-results-528832An LNG tanker targeted by U.S. sanctions has berthed at Russia's Arctic LNG 2 plant, the fourth such vessel to do so this year, shiptracking data from Kpler and LSEG showed.The Christophe De Margerie tanker arrived unloaded at Arctic LNG 2 on August 9, showed Kpler data.
https://www.marinelink.com/news/russias-arctic-lng-continue-loadings-528833
https://www.marinelink.com/news/russias-arctic-lng-continue-loadings-528833Taiwanese offshore vessel operator Dong Fang Offshore (DFO) has won a landmark 15-year contract with Synera Renewable Energy (SRE) to provide a service operations vessel (SOV) for the Formosa 4 offshore wind project. The deal is described as the longest SOV fixture seen to date in Taiwan’s offshore wind sector. The Taiwan-flagged vessel will be …
https://splash247.com/dong-fang-offshore-lands-15-year-sov-contract-in-taiwan/
https://splash247.com/dong-fang-offshore-lands-15-year-sov-contract-in-taiwan/Well-Safe Solutions has secured a significant decommissioning contract with EnQuest, which is expected to generate over $45m in revenue and position the company for long-term activity in the North Sea. The Aberdeen-based firm will deploy its semi-submersible rig Well-Safe Defender to carry out a minimum of 100 days of work in 2026, followed by at …
https://splash247.com/well-safe-secures-multi-year-enquest-deal-worth-over-45m/
https://splash247.com/well-safe-secures-multi-year-enquest-deal-worth-over-45m/New York-listed Greek bulker owner Diana Shipping has secured a fresh charter deal with Cargill for one of its ultramaxes, albeit at a slightly reduced rate compared to its previous contract. The Semiramis Paliou-led company has fixed the 60,508 dwt DSI Pegasus until at least May 20 next year at $14,250 per day. The charter …
https://splash247.com/diana-shipping-re-fixes-ultramax-to-cargill-at-lower-rate/
https://splash247.com/diana-shipping-re-fixes-ultramax-to-cargill-at-lower-rate/Singapore-based Eastern Pacific Shipping (EPS) has made another move into the feeder container market with a major newbuilding order at China’s Fujian Mawei Shipbuilding. Sources following EPS’ shipbuilding moves said the Idan Ofer-led owner has inked firm contracts for 12 vessels of 1,800 teu capacity, with options for another six, worth up to around $680m …
https://splash247.com/eastern-pacific-lines-up-feeder-boxship-series-at-mawei-shipyard/
https://splash247.com/eastern-pacific-lines-up-feeder-boxship-series-at-mawei-shipyard/Iraq's navy has detained a Liberian-flagged oil tanker in its territorial waters as part of a crackdown on fuel smuggling at sea, sources with the navy and oil and transport ministries said on Friday.Smuggling is common in Gulf waters, where…
https://www.marinelink.com/news/iraq-navy-detains-oil-tanker-smuggling-528818
https://www.marinelink.com/news/iraq-navy-detains-oil-tanker-smuggling-528818Easterly Clear Ocean (ECO), the maritime investment platform backed by Easterly Asset Management, has launched its fifth fund as it ramps up investments across dry bulk, tanker and offshore sectors. The new fund, ECO Fleet Holdings V, is targeting more than $250m in capital commitments, aiming to provide investors with exposure to assets such as …
https://splash247.com/easterly-kicks-off-250m-diversified-shipping-fund/
https://splash247.com/easterly-kicks-off-250m-diversified-shipping-fund/ABS has issued a New Technology Qualification certificate to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HD HHI) for their next-generation electric propulsion solution - the Medium Voltage Direct Current…
https://www.marinelink.com/news/abs-certifies-electric-propulsion-528802
https://www.marinelink.com/news/abs-certifies-electric-propulsion-528802