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The U.S. military fired missiles to disable a Panama-flagged cargo ship Tuesday after the vessel allegedly ignored repeated warnings to stop while attempting to violate the U.S. naval blockade of Iranian ports.U.S. Central Command (CENTCOM) said a U.S.
https://www.marinelink.com/news/us-fires-disable-panamaflag-ship-accused-542002
https://www.marinelink.com/news/us-fires-disable-panamaflag-ship-accused-542002CMB.TECH has sold one of the youngest tankers in the Euronav fleet, locking in a capital gain of about $56.9m as the Belgian group continues to take advantage of strong crude carrier values. The Alexander Saverys-led company is offloading the 2024-built, 156,851 dwt suezmax Bristol, with delivery to the undisclosed buyer scheduled for the fourth …
https://splash247.com/cmb-tech-locks-in-57m-gain-on-two-year-old-suezmax/
https://splash247.com/cmb-tech-locks-in-57m-gain-on-two-year-old-suezmax/Great Eastern Shipping has returned to the secondhand market for another kamsarmax, taking the Indian owner’s buying spree in the segment to four ships in just over a year. The Mumbai-listed company has agreed to acquire an unnamed 2015-built vessel, with delivery scheduled between October and December. The 81,886 dwt bulker will be financed entirely …
https://splash247.com/great-eastern-lines-up-fourth-kamsarmax-in-a-year/
https://splash247.com/great-eastern-lines-up-fourth-kamsarmax-in-a-year/Italian tanker owner Navigazione Montanari is stepping up its fleet renewal drive with two LR2 product tankers ordered at China’s Hengli Heavy Industry. The ships have been booked through Malta-based affiliate Pemont, opening a new shipbuilding relationship with the fast-growing Dalian yard. Price, delivery dates and propulsion details have not been disclosed. Hengli’s standard LR2 …
https://splash247.com/pemont-adds-lr2-newbuilds-to-montanari-renewal-push/
https://splash247.com/pemont-adds-lr2-newbuilds-to-montanari-renewal-push/Supermajor BP has agreed to sell a 20% stake in the Trinidad portion of the cross-border Cocuina-Manakin gas field to the National Gas Company of Trinidad and Tobago (NGC). The deal covers BP’s interest in the Manakin block, which holds the Trinidad side of a field estimated to contain about 1trn cubic feet of gas. …
https://splash247.com/bp-sells-stake-in-trinidad-gas-field/
https://splash247.com/bp-sells-stake-in-trinidad-gas-field/MSC Shipmanagement has been fined $6m and placed on four years’ probation after admitting to concealing a hazardous engine-control problem aboard the MSC Michigan VII and obstructing the subsequent US investigation. The Cyprus-based vessel operator pleaded guilty to failing to report the hazardous condition to the US Coast Guard and obstructing an investigation by the …
https://splash247.com/msc-fined-6m-over-charleston-runaway-probe/
https://splash247.com/msc-fined-6m-over-charleston-runaway-probe/Taiwan’s under-construction Hai Long offshore wind project has secured a $1.7bn (NT$55bn) financing package, adding new lenders and improving terms as the project nears commissioning set for the end of 2026. The additional funding sits within the existing project finance structure and is intended to reinforce the financial base for construction and long-term operations. The …
https://splash247.com/taiwans-offshore-wind-project-secures-1-7bn-financing/
https://splash247.com/taiwans-offshore-wind-project-secures-1-7bn-financing/French-based engineering and technology company Technip Energies has been awarded a FEED contract for the Yan offshore regasification terminal project in Kedah. The scope includes evaluating the best regasification terminal configurations before completing the full FEED for the selected solution, establishing the project’s technical basis, and supporting progression towards a final investment decision. Jointly developed …
https://splash247.com/technip-energies-wins-work-on-malaysian-offshore-lng-terminal/
https://splash247.com/technip-energies-wins-work-on-malaysian-offshore-lng-terminal/Australian shipbuilder Austal said on Tuesday that Hanwha Group had offered to buy its U.S. operations for up to $1.20 billion as the South Korean conglomerate seeks to expand in the American defence market.Austal shares rose more than 16%, logging their best intraday jump since mid-February.
https://www.marinelink.com/news/hanwha-makes-b-offer-austal-usa-541970
https://www.marinelink.com/news/hanwha-makes-b-offer-austal-usa-541970DOF has been awarded firm contracts with a combined duration of 150 days for two of its AHTS vessels in the CARICOM region (Caribbean). DOF will also provide ROV services for the engagement.The two vessels will commence transit to the region shortly.
https://www.marinelink.com/news/dof-wins-ahts-contracts-caricom-region-541972
https://www.marinelink.com/news/dof-wins-ahts-contracts-caricom-region-541972