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Nord Gas Solutions has been contracted to supply the Cargo Handling System (CHS) and LPG Fuel Supply System (LFSS) for eight new 90,000 m³ Very Large Gas Carrier (VLGC) vessels ordered by BW LPG. The vessels will be constructed at HD Hyundai Mipo Dockyard (HD HM)…
https://www.marinelink.com/news/nord-gas-solutions-receives-contract-543212
https://www.marinelink.com/news/nord-gas-solutions-receives-contract-543212Lloyd’s Register (LR) has identified 200,000m³ LNG carriers as a credible next step for global LNG fleet renewal, with new analysis showing that larger vessels could increase cargo capacity and reduce transportation costs without requiring major disruption to existing terminal infrastructure.
https://www.marinelink.com/news/lr-study-identifies-m-lng-carriers-viable-543213
https://www.marinelink.com/news/lr-study-identifies-m-lng-carriers-viable-543213Baltic Exchange announced that both SGX and European Energy Exchange (EEX) are now offering new Baltic Handysize futures contracts, providing market participants with dedicated tools to manage their exposure to the Atlantic and Pacific Handysize…
https://www.marinelink.com/news/sgx-european-energy-exchange-offer-baltic-543215
https://www.marinelink.com/news/sgx-european-energy-exchange-offer-baltic-543215A tragic marine casualty involving an inspected passenger vessel serves as a critical warning that even routine embarkation equipment can become deadly if it is not properly maintained, inspected, and secured. During a recent passenger disembarkation…
https://www.marinelink.com/news/uscg-offers-insight-gangway-inspection-543216
https://www.marinelink.com/news/uscg-offers-insight-gangway-inspection-543216In 2019, an investigation of a marine casualty aboard a towing vessel led to the publication of Marine Safety Alert 13-19 titled An Important Safety Consideration - Hazards of Retractable Pilot Houses on Towboats. Since its release, further…
https://www.marinelink.com/news/guidance-safety-considerations-543217
https://www.marinelink.com/news/guidance-safety-considerations-543217President Volodymyr Zelenskiy told leaders at the United Nations on Wednesday that Ukraine was ready for a maritime truce in the Black Sea based on proposals by Egypt, India and Turkey and said it was now up to Russia to respond.Zelenskiy spoke…
https://www.marinelink.com/news/zelenskiy-ukraine-ready-maritime-truce-543218
https://www.marinelink.com/news/zelenskiy-ukraine-ready-maritime-truce-543218Steel flows slip into negative growth in July 2026 • Global steel flows fall 1% y/y in July 2026 to reach 22.2 Mt. • China’s share of global steel flows rises from 41.6% in July 2025 to 45.7% in July 2026, driven by a 9.1% increase in exports. • Flows from the World Ex. China ...
https://www.hellenicshippingnews.com/steel-flows-face-fresh-challenges-in-the-final-quarter-of-2026/
https://www.hellenicshippingnews.com/steel-flows-face-fresh-challenges-in-the-final-quarter-of-2026/The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, edged down by 0.1% to 3,430 points on Wednesday, though remaining close to the highest since September 14. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, fell by 0.5% to 5,861 points. Meanwhile, the ...
https://www.hellenicshippingnews.com/baltic-dry-index-ticks-down/
https://www.hellenicshippingnews.com/baltic-dry-index-ticks-down/Singapore shipmanager Synergy Marine Group has joined forces with Cochin Shipyard to pursue shipbuilding, repair and conversion work in India, adding another international partner to the state-controlled yard’s expanding network. The two companies signed an MoU in Kochi covering joint business development across newbuildings, ship repair, conversions, module fabrication and oil and gas projects. Synergy …
https://splash247.com/synergy-links-up-with-cochin-across-newbuilds-and-conversions/
https://splash247.com/synergy-links-up-with-cochin-across-newbuilds-and-conversions/The US Maritime Administration is proposing the biggest rewrite in decades of rules governing the Capital Construction Fund, a tax-deferral programme currently holding about $2.56bn for investment in US commercial vessels. MARAD published a notice of proposed rulemaking on September 22 covering 129 CCF agreements, many of which the agency said contain vessel projects drawn …
https://splash247.com/us-opens-rethink-of-2-5bn-vessel-investment-pool/
https://splash247.com/us-opens-rethink-of-2-5bn-vessel-investment-pool/