Stay informed with real-time maritime industry updates
Offshore Energy
Offshore Energy reports that MacGregor is set to supply a 400-ton active heave compensated subsea crane for a new floating wind construction vessel in South Korea. This development marks a significant advancement in the country's offshore wind capabilities.
gCaptain
The Baltic Spirit, a ship bound for Russia, was released by Estonian authorities after a SWAT operation involving a helicopter found no drugs on board, as reported by gCaptain. The incident underscores the challenges smaller NATO countries face in policing Baltic shipping.
Splash247
The MSC-operated container ship MSC Giada III experienced an explosion and fire in its engine room while approaching St Petersburg, as reported by Splash247. The Liberia-flagged vessel, with a capacity of 2,732 teu, was traveling from Belgium to Russia's Neva Bay when the incident occurred.
Offshore Energy
IMODCO Terminals, a subsidiary of SBM Offshore based in the Netherlands, has been awarded a contract for the front-end engineering design of a CO2 transport and injection solution for the Southern North Sea, as reported by Offshore Energy. This initiative marks a significant step in carbon management efforts in the region.
Splash247
AD Ports Group has signed a 30-year concession agreement with Aqaba Development Corporation to manage and operate the Aqaba multipurpose port, as reported by Splash247. The agreement involves AD Ports taking a 70% stake in a new joint venture, while Aqaba Development Corporation will hold the remaining 30%.
gCaptain
A Russian captain was sentenced to six years in prison for gross negligence leading to a crew member's death during a collision with a U.S. tanker off Britain's east coast last year, as reported by gCaptain.
gCaptain
A.P. Moller-Maersk A/S is planning job cuts and emphasizing cost discipline to protect its earnings as freight rates decline, coinciding with the reopening of Red Sea routes, reports gCaptain. The company's shares have fallen in response.
Splash247
Japan’s Nippon Yusen Kaisha (NYK) and Norwegian ship leasing company Ocean Yield have finalized long-term charter contracts for new LNG carriers with US-based Cheniere, as reported by Splash247. This agreement confirms earlier market speculation from December about the companies' plans for a series of LNG carriers.
gCaptain
Damen Shipyards Group has successfully completed sea trials for the seventh Island Class ferry for BC Ferries, as reported by gCaptain. This vessel is part of a series of ten Island Class ferries being constructed.
Seatrade Maritime
Seatrade Maritime reports that Malaysia's Exclusive Economic Zone has become a focal point for sanctioned crude oil ship-to-ship transfers, valued at $47.7 billion, between Iran and China. The United Against Nuclear Iran (UANI) has called for action against these 'dark fleet' activities.
