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AD Ports Group has struck a deal with France’s CMA CGM Group to acquire a 20% stake in Latakia International Container Terminal (LICT), Syria’s main container facility, for AED 81m ($22m). Under the agreement, the Abu Dhabi-based ports and logistics group will join CMA CGM in the management and future expansion of the terminal, which …
https://splash247.com/ad-ports-buys-into-syrias-latakia-terminal-in-cma-cgm-deal/
https://splash247.com/ad-ports-buys-into-syrias-latakia-terminal-in-cma-cgm-deal/Scorpio Tankers is reshuffling its MR product tanker lineup, agreeing to sell four existing vessels while snapping up four modern newbuildings set to join its fleet in 2026 and 2027. The Monaco-headquartered company, led by Emanuele Lauro (pictured), has signed deals to sell four 2014-built, scrubber-fitted MRs — STI Battery, STI Venere, STI Milwaukee and …
https://splash247.com/scorpio-tankers-refreshes-mr-fleet-with-sale-and-newbuild-swoop/
https://splash247.com/scorpio-tankers-refreshes-mr-fleet-with-sale-and-newbuild-swoop/Seadrill Limited announced its third quarter 2025 results.Quarterly Highlights:Secured contract awards across five rigs, adding over $300 million to Order Backlog.West Gemini, Sonangol Libongos and Sonangol Quenguela secured an estimated 1,000 days of incremental work in Angola…
https://www.marinelink.com/news/seadrill-announces-q-results-532091
https://www.marinelink.com/news/seadrill-announces-q-results-532091On September 26, NYK and Tama Art University (TAU) hosted the final presentation of their second co-creative research project, “Cozy・Comfy — Discovering Joy in Work and Life at Sea” at NYK’s head office in Tokyo. Seventeen master’s and bachelor’s…
https://www.marinelink.com/news/nyk-tama-art-university-present-research-532092
https://www.marinelink.com/news/nyk-tama-art-university-present-research-532092Accelleron has signed an agreement with Hyundai Marine Solution (HMS), the aftermarket and digital division of shipbuilder HD Hyundai Group, to enter a strategic cooperation on digital solutions. Two Accelleron solutions will cover engine and turbocharger monitoring and optimization.
https://www.marinelink.com/news/accelleron-hyundai-marine-solution-enter-532094
https://www.marinelink.com/news/accelleron-hyundai-marine-solution-enter-532094Lloyd’s Register (LR) has been awarded a contract from BAE Systems Maritime Australia (BAESMA) for Naval Classification New Construction Services for the first three Royal Australian Navy Hunter class frigates. The Hunter class frigates are…
https://www.marinelink.com/news/lloyds-register-provide-construction-532095
https://www.marinelink.com/news/lloyds-register-provide-construction-532095Pirates have boarded a Malta-flagged products tanker off Somalia, maritime security sources said on Thursday, while the vessel's manager said the ship's 24 crew members were safe.Attacks on vessels by armed assailants in recent days have raised…
https://www.marinelink.com/news/pirates-board-tanker-off-somalia-highest-532096
https://www.marinelink.com/news/pirates-board-tanker-off-somalia-highest-532096Today, Thursday, November 06 2025, the Baltic Dry Index climbed by 60 points, reaching 2063 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-climbs-to-2063-up-60-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2063-up-60-points/Offshore accommodation vessel specialist Prosafe has named Reese McNeel as its permanent chief executive officer. McNeel has been the interim chief executive officer since September 1, following the resignation of the previous CEO Terje Askvig. During his time as interim CEO, he also continued working as the company’s chief financial officer. He has been the …
https://splash247.com/prosafe-makes-interim-chief-reese-mcneel-permanent-ceo/
https://splash247.com/prosafe-makes-interim-chief-reese-mcneel-permanent-ceo/Petrovietnam Drilling and Well Service Corporation (PV Drilling) has won a contract for one of its jackup rigs from Phu Quoc Petroleum Operating Company (PQPOC). The rig in question is the 2015-built PV Drilling VI, which will be used for the 2027 development drilling program for the Block B gas field project offshore southwest Vietnam. …
https://splash247.com/pv-drilling-clinches-jackup-contract-for-2027-campaign/
https://splash247.com/pv-drilling-clinches-jackup-contract-for-2027-campaign/