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Danish bluechip Norden is diversifying its business base. The listed dry cargo and product tanker firm has moved to acquire Thorco Projects, providing access to new customers within the general cargo segment such as breakbulk, steels and wind energy. No price has been revealed for the acquisition. Thorco Projects is a Danish-headquartered shipping company established …
https://splash247.com/norden-buys-thorco-projects/
https://splash247.com/norden-buys-thorco-projects/Aker BP has awarded a contract to Heerema Fabrication Group Vlissingen in the Netherlands for the procurement and construction of the Munin jacket in the Yggdrasil area. Munin is an unmanned production platform in the northern part of the Yggdrasil in the North Sea. Aibel is delivering the topsides, while Aker Solutions will do the …
https://splash247.com/heerema-fabrication-awarded-aker-bp-contract/
https://splash247.com/heerema-fabrication-awarded-aker-bp-contract/Swiss-based offshore construction specialists Allseas has secured further transport and installation work for the offshore wind industry, this time for two 2 GW converter platforms for the BalWin1 and BalWin2 offshore grid connection systems in the German North Sea. Awarded by Spain’s Dragados Offshore, the contract with an undisclosed value covers two jackets weighing up …
https://splash247.com/allseas-gets-more-work-on-german-north-sea-wind-converter-platforms/
https://splash247.com/allseas-gets-more-work-on-german-north-sea-wind-converter-platforms/Artificial Intelligence (AI) is what is powering the new solutions coming to market and what fuels the coming generation of navigation tools that help tackle the challenges the industry is facing – but the real challenge with AI is in “changing mindsets and behaviours”. That’s the view held by Yarden Gross, CEO and co-founder of …
https://splash247.com/orca-ai-speeding-up-the-evolution-of-shippings-digitalisation-journey/
https://splash247.com/orca-ai-speeding-up-the-evolution-of-shippings-digitalisation-journey/Diana Shipping has lined up $123m to refinance existing credit facilities secured by 14 of its ships. The New York-listed Greek bulker owner has signed a non-binding term sheet with a major European bank for a new $100m sustainability-linked loan, which, if completed, will be used to refinance existing loans secured by the company’s ten …
https://splash247.com/diana-shipping-readies-123m-refinancing/
https://splash247.com/diana-shipping-readies-123m-refinancing/Norwegian owner Ocean Yield has signed up for eight or nine ammonia-ready newcastlemax bulk carriers booked for construction in China by Belgium’s Bocimar, the bulkers unit of the Saverys family’s Compagnie Maritime Belge (CMB). The sale and leaseback specialist of US investment firm Kohlberg Kravis Roberts (KKR) last year struck a deal for at least …
https://splash247.com/ocean-yield-details-cmb-ammonia-ready-newcastlemax-deal/
https://splash247.com/ocean-yield-details-cmb-ammonia-ready-newcastlemax-deal/China Merchants Energy Shipping (CMES) is back at its shipbuilder of choice, Dalian Shipbuilding Industry (DSIC), for four more newbuilds worth a total of $588.3m. The Shanghai-listed energy transport unit of China Merchants Group has signed for a pair of 175,000 cu m liquefied natural gas (LNG) carriers in a $470m deal, or $235m per …
https://splash247.com/china-merchants-splashes-588m-on-dalian-lng-and-tanker-newbuilds/
https://splash247.com/china-merchants-splashes-588m-on-dalian-lng-and-tanker-newbuilds/Even Russia’s closest allies are getting jittery about the state of the tonnage being used to haul oil across the globe. Data analytics firm Voretxa has reported of Chinese ports raising their scrutiny regarding port inspection when it comes to older tankers. The latest port to implement tighter measures is the port of Qingdao, focusing …
https://splash247.com/china-clamping-down-on-shadow-fleet/
https://splash247.com/china-clamping-down-on-shadow-fleet/In May, the U.S. Coast Guard will start a strengthened and pointedly direct anti-SASH campaign that will extend across the maritime industry. SASH is an acronym for sexual assault/sexual harassment, and this new effort adds muscle to Marine…
https://www.marinelink.com/news/us-coast-guard-ready-move-new-antisash-505393
https://www.marinelink.com/news/us-coast-guard-ready-move-new-antisash-505393A boat carrying about 500 migrants, including a newborn baby and pregnant women, has disappeared in the central Mediterranean, two charities said on Friday. Alarm Phone, a group that picks up calls from migrant vessels in distress, said it lost contact with the boat on Wednesday morning.
https://www.marinelink.com/news/mediterranean-boat-carrying-migrants-505403
https://www.marinelink.com/news/mediterranean-boat-carrying-migrants-505403