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CORE POWER has launched a feasibility study to evaluate the use of BWX Technologies' mPower small modular reactor (SMR) technology in floating nuclear power plants designed to be built in shipyards and deployed near energy demand centers.The study will assess technical…
https://www.marinelink.com/news/core-power-assess-reactor-tech-floating-540445
https://www.marinelink.com/news/core-power-assess-reactor-tech-floating-540445The Netherlands Coast Guard has appointed Klaasjan Schipper as its new director, succeeding Nicole Kuipers, who led the organization since 2022.Schipper officially assumed the role on June 17 during a handover ceremony in Den Helder, becoming the tenth director in the Coast Guard's history.
https://www.marinelink.com/news/schipper-takes-helm-netherlands-coast-540451
https://www.marinelink.com/news/schipper-takes-helm-netherlands-coast-540451The US Department of the Interior has announced that it will buy back four offshore leases from the Chicago-based developer Invenergy. As part of the settlement agreement, Invenergy will voluntarily terminate its affiliates’ four offshore wind leases located in the New York Bight, California, and the Gulf of Maine for $765m. The company will redirect that …
https://splash247.com/trump-administration-to-buy-back-four-offshore-wind-leases-from-invenergy/
https://splash247.com/trump-administration-to-buy-back-four-offshore-wind-leases-from-invenergy/The EU is on course to fall short of its legally mandated carbon capture and storage target by at least 17.5m tonnes per year, even if every project in advanced development proceeds as planned. The analysis from Wood Mackenzie was done as an independent study commissioned by ExxonMobil, OMV Petrom, Shell, and TotalEnergies. WoodMac’s analysis …
https://splash247.com/eu-set-to-miss-carbon-storage-target-by-at-least-17-5-mtpa/
https://splash247.com/eu-set-to-miss-carbon-storage-target-by-at-least-17-5-mtpa/Critical minerals have become strategic assets, prompting governments to rethink trade relationships and driving a wave of industrial projects into new and often challenging locations, writes Pappu Sastry, the CEO of ASL. I’ve been reading through UNCTAD’s latest work on critical minerals and global trade, and honestly, it’s one of those reports that doesn’t just …
https://splash247.com/the-easy-era-of-critical-mineral-trade-is-over/
https://splash247.com/the-easy-era-of-critical-mineral-trade-is-over/Two US companies have filed class-action lawsuits against a group of container manufacturers accused by American prosecutors of conspiring to restrict output and fix prices in the global dry container market. The lawsuits, filed separately by manufacturer CA Spalding Company and shipping company Daybreak Express earlier this month, seek monetary damages and follow closely on …
https://splash247.com/us-firms-sue-container-makers-over-alleged-price-fixing-scheme/
https://splash247.com/us-firms-sue-container-makers-over-alleged-price-fixing-scheme/A newly signed interim agreement between the United States and Iran has reopened the Strait of Hormuz and established a framework for ending hostilities, but significant uncertainty remains over how the deal will be implemented and what it could mean for global shipping in the months ahead. The 14-point “Islamabad Memorandum of Understanding” was signed …
https://splash247.com/hormuz-reopens-under-us-iran-deal-amid-uncertainty-over-future-transit-fees/
https://splash247.com/hormuz-reopens-under-us-iran-deal-amid-uncertainty-over-future-transit-fees/Ports that fail to adapt to climate change and growing environmental pressures could face annual disruption costs of up to $30bn by 2050, according to a new World Economic Forum (WEF) report that calls for a fundamental rethink of how maritime gateways are planned, financed and operated. The report, Future-Proofing Ports: Nature, Climate and People …
A new independent platform has launched that arms superyacht crew with the knowledge, resources and voice that maritime law already entitles them to but that the industry has consistently failed to deliver, says Protecting Crew Lives (PCL).The platform is a centralised…
https://www.marinelink.com/news/protecting-crew-lives-launches-resource-540422
https://www.marinelink.com/news/protecting-crew-lives-launches-resource-540422The New Zealand Transport Accident Investigation Commission (TAIC) has released its findings into the serious injury that occurred on the bulk carrier, Thor Nitnirund, in the Cook Strait on March 20, 2025.The Commission’s report highlights the need for effective safety management systems…
https://www.marinelink.com/news/improvised-lifting-operations-led-serious-540423
https://www.marinelink.com/news/improvised-lifting-operations-led-serious-540423