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Diversified UK shipowner Union Maritime has closed a $130m delivery financing package for two next‑generation LR2 tankers. The deal was led by Société Générale and the Export–Import Bank of China and arranged through a syndicated facility. The vessels are scheduled for delivery from Yangzijiang Shipbuilding in late 2025 and early 2026. Each tanker newbuild will …
Consulting and engineering firm Wood has added another chapter to the takeover saga that has been going on since last year. Dar Al-Handasah Consultants Shair and Partners Holdings, also known as Sidara, has been courting the UK firm with different offers to sell up since April of last year. After declining several offers, Wood finally …
https://splash247.com/wood-sidara-saga-continues-with-more-delays/
https://splash247.com/wood-sidara-saga-continues-with-more-delays/Greece-based offshore contractor Asso.subsea has been awarded the nearshore cable installation scope for TenneT’s three projects offshore Germany. The three projects are part of TenneT’s 2GW program and include BalWin4, LanWin1, and LanWin5, located off the northwestern coast of Baltrum Island. This also marks the beginning of a new collaboration between Asso.subsea and Jan De …
https://splash247.com/asso-subsea-scores-cabling-work-for-tennet-off-germany/
https://splash247.com/asso-subsea-scores-cabling-work-for-tennet-off-germany/A consortium of Boskalis and Allseas has been awarded a contract by CPC Corporation Taiwan for the second offshore gas pipeline from Yongan to Tongxiao. The total contract value is approximately €1.2bn ($1.39). This project is intended to improve the gas supply capacity in northern Taiwan. Under the contract, the consortium will design, construct, install, …
https://splash247.com/boskalis-and-allseas-to-construct-1-4bn-gas-pipeline-off-taiwan/
https://splash247.com/boskalis-and-allseas-to-construct-1-4bn-gas-pipeline-off-taiwan/Norwegian offshore wind installation player Fred Olsen Windcarrier has been selected by Skyborn Renewables, a German offshore wind developer of Blackrock’s Global Infrastructure Partners (GIP), to handle transport and installation of the wind turbines for the Gennaker offshore wind farm in the German Baltic Sea. The two companies are targeting to firm up the deal …
https://splash247.com/fred-olsen-windcarrier-lands-german-wind-farm-deal/
https://splash247.com/fred-olsen-windcarrier-lands-german-wind-farm-deal/Analysts question feasibility as framework trade deal outpaces current U.S. export capacityThe European Union’s commitment to purchase $250 billion in U.S. energy supplies annually under a new trade framework with Washington faces significant market challenges…
https://www.marinelink.com/news/eu-spending-bperyear-spending-us-energy-528408
https://www.marinelink.com/news/eu-spending-bperyear-spending-us-energy-528408Construction on a new 24-m catamaran is complete with Elysian set to enter service for its private owners. The project has seen Incat Crowther collaborate with the owner throughout all aspects of the project including design, the shipyard tendering process…
https://www.marinelink.com/news/incat-crowtherdesign-motor-yacht-elysian-528409
https://www.marinelink.com/news/incat-crowtherdesign-motor-yacht-elysian-528409Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, opened its first office in Shanghai dedicated to its agency and maritime services arm – Noatum Maritime Services. The new office contributes to the Group’s international…
https://www.marinelink.com/news/noatum-maritime-expands-opens-shanghai-528410
https://www.marinelink.com/news/noatum-maritime-expands-opens-shanghai-528410Interferry called on the European Commission to immediately harmonize its unilateral EU ETS / FuelEU Maritime regulations with the recently agreed IMO Net-Zero Framework, warning that failure to align Greenhouse Gas regulations will lead to…
https://www.marinelink.com/news/ferry-owners-face-double-taxation-eu-528412
https://www.marinelink.com/news/ferry-owners-face-double-taxation-eu-528412Global maritime shipping faces a surge in GPS and GNSS disruptions — with some regions reporting a 350% increase in affected vessels over the past six months — raising concerns over safety, trade reliability, and security.In response, Tschudi…
https://www.marinelink.com/news/shippings-tschudi-group-makes-528414
https://www.marinelink.com/news/shippings-tschudi-group-makes-528414