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Germany’s largest utility RWE and U.K.’s largest shipowner-operator North Start have signed long-term agreements for next-generation service operation vessels (SOVs) to maintain RWE’s growing offshore wind fleet.The companies have agreed that RWE will charter two SOVs…
https://www.marinelink.com/news/rwe-north-star-ink-longterm-sov-charter-528666
https://www.marinelink.com/news/rwe-north-star-ink-longterm-sov-charter-528666Norwegian shipbuilder Vard has secured an order from U.K.’s largest shipowner and operator North Star for the construction of two hybrid Service Operation Vessels (SOVs).The contract represents the ninth and tenth vessel ordered by North Star from VARD…
https://www.marinelink.com/news/north-star-orders-two-new-hybrid-sovs-528672
https://www.marinelink.com/news/north-star-orders-two-new-hybrid-sovs-528672Guice Offshore, U.S.-based operator of dynamically positioned mini supply and multi-purpose vessels for the offshore maritime market, has launched GO Asset Leasing to meet the growing demand for lease-ready maritime vessel heavy deck equipment.GO…
https://www.marinelink.com/news/guice-offshore-sets-business-unit-heavy-528678
https://www.marinelink.com/news/guice-offshore-sets-business-unit-heavy-528678The Australian Government announced that it has selected Mitsubishi Heavy Industries, Ltd. (MHI) to enter the next stage procurement process for Australia's new General-Purpose frigates by selecting the Upgraded Mogami-class frigate as the preferred platform.In November 2024…
https://www.marinelink.com/news/mhi-selected-enter-next-stage-procurement-528683
https://www.marinelink.com/news/mhi-selected-enter-next-stage-procurement-528683The Shearer Group, Inc. (TSGI) has announced a new addition to its naval architecture, marine engineering, and marine surveying firm, Luke Strawson. Luke holds a Bachelor of Science in Ocean Engineering from Texas A&M University.While studying at Texas A&M…
https://www.marinelink.com/news/shearer-group-inc-welcomes-new-team-528685
https://www.marinelink.com/news/shearer-group-inc-welcomes-new-team-528685Today, Tuesday, August 05 2025, the Baltic Dry Index decreased by 49 points, reaching 1921 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-1921-down-49-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1921-down-49-points/The US Bureau of Ocean Energy Management (BOEM) has rescinded over 3.5 million acres (over 14,000 sq km) of unleased federal waters previously set for offshore wind development. The removes all 11 previously designated wind energy areas across the Gulf of Mexico, the Gulf of Maine, the New York Bight, California, Oregon, North Carolina, California’s …
https://splash247.com/us-withdraws-all-designated-offshore-wind-energy-areas/
https://splash247.com/us-withdraws-all-designated-offshore-wind-energy-areas/Saudi oil and gas driller ADES has made a NOK 3.9bn ($380m) offer to buy all issued and outstanding shares of Dubai-based Shelf Drilling. The two parties signed an agreement for a recommended offer, under which ADES will acquire the Shelf through a cash merger. It will be financed through ADES’s available credit facility. At …
https://splash247.com/ades-to-acquire-shelf-drilling-in-380m-deal/
https://splash247.com/ades-to-acquire-shelf-drilling-in-380m-deal/Wolfgang Lehmacher and Hans Galland on the latest in logistics AI. AI in supply chains, logistics, and transport was a bit like a hammer desperately searching for nails, powerful in theory but struggling to find the right fit in the real world. That story is changing. We have entered an era where AI is not …
https://splash247.com/shipping-and-the-era-of-integrated-configurable-solutions/
https://splash247.com/shipping-and-the-era-of-integrated-configurable-solutions/Greek owner Tsakos Energy Navigation (TEN) has confirmed a newbuilding deal for two VLCCs at Hanwha Ocean in South Korea, as part of a wider fleet renewal strategy. The New York-listed company is paying around $128m per 320,000 dwt vessel, with deliveries scheduled for 2027 and 2028 and an option secured for a third unit. …
https://splash247.com/tsakos-confirms-hanwha-vlcc-order/
https://splash247.com/tsakos-confirms-hanwha-vlcc-order/