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Saipem and Subsea7 have cleared a key U.S. regulatory hurdle for their planned merger after the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976 expired, allowing the transaction to close in the United States…
https://www.marinelink.com/news/saipem-subsea-clear-key-us-regulatory-541726
https://www.marinelink.com/news/saipem-subsea-clear-key-us-regulatory-541726Korean Register (KR) has awarded a manufacturing process certificate to AM Solutions, a South Korean 3D printing solutions company, for its laser wire directed energy deposition (LW-DED)-based additive manufacturing repair technology. It marks…
https://www.marinelink.com/news/am-solutions-receives-kr-certification-541729
https://www.marinelink.com/news/am-solutions-receives-kr-certification-541729Today, Monday, August 03 2026, the Baltic Dry Index climbed 111 points, reaching 2843 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 hit ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2843-up-111-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2843-up-111-points/Subsea7 has secured a contract worth between $50m and $150m from Brunei Shell Petroleum for a pipeline replacement project offshore Brunei. The Oslo-listed contractor will handle the engineering, procurement, construction and installation of subsea pipelines and riser systems serving offshore assets in water depths of up to 50 m. Engineering and project management work will …
https://splash247.com/subsea7-lands-up-to-150m-shell-pipeline-job-off-brunei/
https://splash247.com/subsea7-lands-up-to-150m-shell-pipeline-job-off-brunei/Chinese owner New Yangtze Navigation has ordered two newcastlemax bulk carriers at group-affiliated Zhoushan Changhong International Shipyard. The 212,000 dwt vessels are scheduled for delivery in 2029 and are being priced by market sources at around $80m each. New Yangtze and Changhong are both controlled by Jiangsu Xin Chang Jiang Group, making the deal an …
https://splash247.com/new-yangtze-books-changhong-newcastlemax-pair/
https://splash247.com/new-yangtze-books-changhong-newcastlemax-pair/Malaysia’s MISC has ordered an 18,700 cu m LNG carrier in China after securing a 10-year charter with compatriot Malaysia LNG. The Bursa Malaysia-listed owner has contracted Hudong-Zhonghua Shipbuilding to build the vessel, with the charter scheduled to commence in 2028. The ship will be deployed carrying LNG from Petronas’ export complex in Bintulu to …
https://splash247.com/misc-orders-small-scale-lng-carrier-for-japan-trade/
https://splash247.com/misc-orders-small-scale-lng-carrier-for-japan-trade/Japanese shipping major Nippon Yusen Kaisha (NYK) has set out a two-stage transaction worth close to $1bn to take dry bulk affiliate NS United Kaiun private and lift its holding to 83.33%. NYK will offer ¥10,600 per share for up to 11.38m shares, representing the entire 48.29% holding outside NYK, Nippon Steel and NS United’s …
https://splash247.com/nyk-moves-to-absorb-ns-united-in-near-1bn-deal/
https://splash247.com/nyk-moves-to-absorb-ns-united-in-near-1bn-deal/In Drewry’s August 2025 article on the increase in iron ore imports in India, “India’s iron ore imports surge amid strong steel production”, we highlighted that India’s iron ore market was undergoing a structural shift, with surging imports and declining exports amid strong domestic steel demand. One year later, the data suggests that this trend ...
https://www.hellenicshippingnews.com/surging-domestic-demand-transforms-india-to-net-iron-ore-importer/The dearth of welding talent for shipyards – for all manufacturing operations – transcends the ‘finding the next generation’ discussion and fall squarely into a conversation about rebuilding U.S. shipbuilding capacity and national defense. Technology…
https://www.marinelink.com/news/rebuilding-us-shipbuilding-one-weld-a-541704
https://www.marinelink.com/news/rebuilding-us-shipbuilding-one-weld-a-541704A sanctions-hit tanker is leaking oil off the coast of Oman and the spill has spread in recent days, increasing concern about possible environmental damage to coastal areas, according to an analysis of satellite imagery and shipping specialists.The…
https://www.marinelink.com/news/crude-oil-spills-shadow-fleet-tanker-off-541700
https://www.marinelink.com/news/crude-oil-spills-shadow-fleet-tanker-off-541700