KR (Korean Register) signed a Memorandum of Understanding (MoU) with HD Hyundai Heavy Industries (HD HHI) to jointly develop a very large ethane carrier (VLEC).The new VLEC to be developed under the partnership will have a cargo capacity exceeding 100,000 m3.It will be designed to maximize cargo volume while minimizing changes to the main specifications of conventional vessel designs.
Classification Society DNV has granted Approval in Principle (AiP) certificates to Hudong-Zhonghua Shipbuilding for three new vessel designs.The AiPs highlight the ongoing collaboration between the two organizations and reinforce their shared commitment to supporting the continued development of Chinese shipbuilding and the maritime industry’s low-carbon transition and technical advancement.
Seatrium delivered the Floating Production Storage and Offloading vessel (FPSO), BW Opal, to BW Offshore."We would like to express our appreciation to BW Offshore for entrusting Seatrium with their projects over the years," said Marlin Khiew, EVP, Energy (Americas), Seatrium. "The successful completion and delivery of BW Opal marks our 18th FPSO for BW Offshore.
The prospect of a large scale return of container ships to the Red Sea following the announcement of a ceasefire between the US and Houthi militia in Yemen would flood the market with shipping capacity and cause a global collapse in freight rates, but the situation remains far from certain.
The rhythmic clang of hammers and the bright flashes of welding torches filled the air at Skaramangas Shipyard near Athens last month, as workers busily repaired the bow of a large tanker. Nearby, other vessels awaited their turn in the dry dock—an unmistakable sign of renewed activity at the once-idle shipyard.
Danish offshore wind installation firm Cadeler has signed a vessel reservation agreement with Ocean Winds for the installation of the wind turbine generators at BC-Wind offshore wind farm in the Polish Baltic Sea.The potential value of the contract to be negotiated during the pendency of the agreement is estimated to be between $49 million and $58 million.
The future of the two insolvent German shipyards, Flensburger Schiffbau-Gesellschaft (FSG) and Nobiskrug, looks brighter as Lürssen Group moves to place a formal bid to take over the facilities of the Nobiskrug shipyard, while Heinrich Rönner Group agrees to buy the FSG.The insolvency administrators, Christoph Morgen of Brinkmann & Partner and Hendrik Gittermann of REIMER
The Scythian philosopher Anacharsis (6th century B.C.) said: “There are three sorts of people: those who are alive, those who are dead and those who are at sea.”Many of those onboard the Nella Dan when she grounded in December 1987 never went to sea again. Such was their passion for the ship.
A Chinese fishing vessel is under the control of alleged pirates in Somalia's waters in the semi-autonomous Puntland region, the European Union's anti-piracy naval force said on Thursday.The anti-piracy force said the vessel with up to 18 crew members on board had been taken over by pirates, some armed with AK-47s and machine guns. It classified the incident as a robbery at sea.
Another Russian missile attack on Ukraine's Black Sea port of Odesa damaged two civilian vessels and a grain storage on Monday, killing one person and injuring at least eight, Ukrainian authorities said.Russian troops have ramped up strikes on Ukraine's southern port infrastructure in recent weeks. Such attacks, which damaged a total of four foreign-flagged vessels since Oct.
Port and logistics firm DP World is going ahead with a 1 billion pound ($1.3 billion) investment in its London Gateway port, Britain's government said on Sunday after reports last week that the company had paused the project in protest.In what had been an embarrassment for the government before a major investor conference
Offshore drilling contractor Seadrill is looking to buy more assets or create a larger player by merging with peers, the company's CEO said on Wednesday.Norwegian-born billionaire John Fredriksen lost the control of the company, once the world's largest driller by market cap, to its creditors over two debt restructurings since 2014.