Greek shipowner Dynacom Tankers is expanding its vast crude carrier programme with a fresh quartet of VLCC newbuildings at China’s Hengli Heavy Industries, adding to the two it contracted last year. Shipbuilding sources said the 306,000 dwt vessels are part of a series originally ordered by Hengli Group for its own account and are now …

Belgian marine contractor Jan De Nul has signed a contract with Synera Renewable Energy (SRE) for the installation of export cables on the Formosa 4 wind farm off Taiwan. According to a statement from the company, it will transport, install, and protect 60 km of subsea cables. Jan De Nul was also selected as the …

Lithuania’s state-owned Ignitis Group has decided to participate in the country’s tender for the rights to develop at least 700MW of offshore wind capacity in the Baltic Sea. The company participated in the tender through a subsidiary of Ignitis Renewables. Under the tender regulations, the potential developer can submit either the development fee or request …

A new venture has launched, aiming to help shipowners turn decarbonisation strategies into bankable retrofit and conversion projects. Navigate Shipping Partners (NSP), based in London, describes itself as a “one-stop shop” for vessel upgrades and energy transition projects — combining technical, engineering, and financing expertise under one roof. Led by sustainability specialist Emrah Durusut, the …

India-based ABS Marine Services has signed a charter party agreement with compatriot engineering conglomerate Larsen & Toubro (L&T) for one of its platform supply vessels (PSV). The contract is for 120 days firm, with L&T having the option to extend the charter for an additional 56 days. The scope of work under the contract is …

When fees from the Office of the United States Trade Representative (USTR) targeting Chinese dominance of the maritime sector come into effect next week on October 14, 35% of ships in the combined bulk, crude tanker, product tanker and container fleet could be subject to additional fees when calling a US port, according to new …

Italian state-controlled gas grid operator Snam has signed an exclusivity agreement with the shareholders of Higas, paving the way for the potential acquisition of 100% of the company and the conversion of its existing LNG coastal storage facility in Oristano into an FSRU. Once completed, the Oristano FSRU would allow regasified natural gas to be …

US alternative financier Hudson Structured Capital Management (HSCM) has raised $719m for its latest shipping vehicle, marking the Connecticut-based firm’s largest maritime fund to date. The new fund, Hudson Northern Shipping Fund V (HNSF V), exceeded its $700m target, underscoring continued investor appetite for ship finance outside traditional banking channels. Based in Stamford, HSCM said …

Hafnia has teamed up with classification society DNV on a pilot project to measure and manage underwater radiated noise (URN) from operating tankers — marking the first permanent onboard system that directly links a vessel’s underwater noise profile with live measurements. The setup, recently completed on the 2015-built LR1 Hafnia Excel, represents a step toward …

Mexican vessel operator Chomex Marino has ordered two offshore support tugs from Dutch shipbuilder Damen, which will support Woodside’s projects in Mexico. The order came after Chomex Marino won a Woodside tender for a 15-year time charter contract for multipurpose offshore support vessels in the deep waters of the Gulf of Mexico. The Mexican firm, …

Energy supermajor Shell has warned that the Trump administration’s recent actions against permitted offshore wind projects could have broader implications for investor confidence across the entire US energy sector, including oil and gas. Speaking to the Financial Times, Shell’s US president Colette Hirstius said that blocking fully permitted offshore wind projects “sends a very damaging …

UK-based marine recycling specialist Able has won contracts from Allseas to dismantle, reuse, and recycle topsides from TAQA’s Cormorant Alpha and Tern platforms. The company will take delivery of the topsides at its Teesside facility at Able Seaton Port from 2027 onwards. Up to 97% of the recovered topsides’ materials will be reused or recycled, …

Artificial intelligence in shipping has long been a buzzword. Now, says Yarden Gross, CEO and co-founder of Orca AI, it’s fast becoming the bridge linking sea and shore — and the next 12 months could be the most pivotal yet. Gross tells Maritime CEO that shipping is on the cusp of a major leap. “The …

The South Carolina Ports Authority (SC Ports) has appointed Micah Mallace as its next President and Chief Executive Officer, following a unanimous vote by the port’s board of directors. Mallace returns to SC Ports after more than a decade in the maritime and logistics sector, including an earlier 11-year stint with the authority from 2011 …

Container operations at Europe’s largest port, Rotterdam, have come to a standstill as lashers began a 48-hour strike on Wednesday afternoon to demand higher wages, while harbour pilots’ protests in neighbouring Antwerp-Bruges continue to disrupt marine traffic. Dutch union FNV said workers at International Lashing Services and Matrans Marine Services — the two lashing firms …

Broking reports list a sizeable order from South Korea’s flagship carrier worth more than $2bn in total.  HMM is reported to have ordered 12 LNG dual-fuelled, 14,000 teu containerships on home soil. The vessels, thought to be costing around $182.5m per unit are split between two of the country’s shipbuilding majors. HD Hyundai will build …

As the IMO prepares to decide shipping’s most consequential climate measure in decades, a rare show of unity from leading shipowner associations faces opposition from the likes of John Fredriksen, Greek giants, leading class societies and Washington. With days to go before the International Maritime Organization’s (IMO) extraordinary session on the Net Zero Framework (NZF), …

Japan’s Mitsui OSK Lines (MOL) has achieved a 98% reduction in methane slip during sea trials — a leap that could reshape the emissions profile of LNG-fuelled tonnage ahead of next week’s Marine Environment Protection Committee meeting at the International Maritime Organization (IMO) where LNG as a fuel will likely become one of the flashpoints …

Andrew Craig-Bennett makes his return to Splash after a nearly six-month hiatus. We all know that the International Maritime Organization (IMO), like most human institutions, is not made up entirely of angels, and those of us who have attended a session know that it is not difficult for a few chats in the corridors to …

Shipping’s decarbonisation drive won’t be defined by one big breakthrough, according to Mikko Kuosa, CEO of Finland-based software company NAPA. Instead, the focus is shifting to combining proven technologies and tailoring solutions to fit specific vessel types and trades. “There will not be a single silver-bullet solution,” Kuosa tells Maritime CEO. “Different permutation and combinations …

London’s Brunel University is teaming up with startup Genuine H2 to pilot a system that splits seawater into hydrogen onboard ships. The concept is to feed seawater through electrolyzers, extract pure hydrogen, store it on ship, then use it as a clean-burning fuel. Brunel’s project intends to store hydrogen safely, and run the system continuously …

Emmanuel Schalit, CEO of OceanWings, discusses some of the ramifications from the upcoming MEPC83 meeting, whether new amendments are adopted or not.   The International Maritime Organization (IMO) could formalise its Net-Zero Framework, a new regulatory chapter in global shipping next week. If adopted at MEPC Extraordinary Session 2 (ES.2), this set of amendments to …

Borealis Maritime’s offshore vessel arm, Aurora Offshore, has secured long-term employment for one of its platform supply vessels. Brokers report the 2021-built Aurora Cooper fixed to Harbour Energy for six months plus multiple extension options, with the charter starting this month. Dayrates for the LNG dual-fuel battery hybrid unit, which will support the semisubmersible rig …

Molgas Energy Group has completed the full acquisition of Amsterdam-based Titan Energy Holding, parent company of Titan Clean Fuels, creating one of Europe’s largest integrated downstream LNG and bio-LNG players. The Madrid-headquartered company, backed by infrastructure investor InfraVia, said the transaction marks a key step in its strategic expansion into clean marine fuels. Molgas previously …

Greek shipowner Dynacom Tankers is expanding its vast crude carrier programme with a fresh quartet of VLCC newbuildings at China’s Hengli Heavy Industries, adding to the two it contracted last year. Shipbuilding sources said the 306,000 dwt vessels are part of a series originally ordered by Hengli Group for its own account and are now …