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gCaptain
Northern Lights has signed long-term charter agreements for four new liquid CO₂ transport vessels, significantly expanding its fleet to meet growing European demand for carbon capture and storage, as reported by gCaptain.
Seatrade Maritime
Seatrade Maritime reports that Panama's President announced the concession of CK Hutchison's Panama Ports in Balboa and Cristobal has been declared unconstitutional. Despite this, operations at these ports will continue without disruption as APM Terminals Panama takes over temporary management.
gCaptain
President Donald Trump has threatened to impose new tariffs on countries supplying oil to Cuba, as reported by gCaptain. This move is part of an intensified pressure campaign against the Communist-run island, a long-time adversary of the United States.
gCaptain
Soren Toft, CEO of MSC Mediterranean Shipping Company, has reiterated the company's commitment to avoiding the Northern Sea Route, as reported by gCaptain. This stance comes despite Chinese shipping lines' increasing activity in the Arctic region.
gCaptain
The Panama Canal Authority has started the prequalification process for two significant infrastructure projects, potentially altering energy and container dynamics in the Americas, as reported by gCaptain. This development comes amid growing legal uncertainties affecting the geopolitical landscape.
gCaptain
Dominion Energy's offshore wind project costs have risen to $11.5 billion, reflecting a $300 million increase due to a temporary federal work stoppage and rising tariff costs, as reported by gCaptain.
Seatrade Maritime
COSCO Shipping Specialized Carriers has opened a new office in Manila, enhancing its operational capabilities in Southeast Asia, as reported by Seatrade Maritime. This expansion is part of the company's strategy to strengthen its localized network in the region.
Offshore Energy
According to Offshore Energy, UK-based Anemoi Marine Technologies has installed four folding rotor sails on a second vessel from Berge Bulk, enhancing its wind-assisted propulsion capabilities. This installation marks a continued collaboration between the two companies in advancing sustainable maritime technologies.
Offshore Energy
According to Offshore Energy, Wison Group and Yantai Jereh Oilfield Services Group have partnered to enhance their capabilities in offshore floating facilities and onshore oil and gas engineering, procurement, and construction (EPC) projects. This collaboration aims to leverage their combined strengths in energy engineering and high-end equipment.
Offshore Energy
According to Offshore Energy, Aker BP has been authorized to deploy one of Floatel's semi-submersible support vessels at a field off the coast of Norway. This marks a significant step for the Norwegian oil and gas operator in its offshore operations.
