Danish shipowner CBED has secured a one-year contract extension with Hughes Subsea, an OEG Renewables company, for its Wind Evolution commissioning service operation vessel (CSOV).Only six months into the Wind Evolution’s first contract with Hughes Subsea, the charter has now been extended one year and will run until January 2026.
The Nautical Institute has welcomed Captain Trevor Bailey MNM FNI as its new President. He takes over the presidency from Captain André LeGoubin MNM MA FNI. The election took place at the Institute’s recent AGM held in Manila, Philippines.As President, Captain Bailey will be representing the interests of the members of The Nautical Institute
Weeks of attacks by Iranian-backed Houthi militants on vessels in the Red Sea have disrupted shipping in the Suez Canal, the fastest sea route between Asia and Europe, carrying around 15% of global sea trade.For the European economy, already skirting a mild recession as it tries to shake off high inflation