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Speculation is mounting in Seoul that steel giant POSCO could emerge as the frontrunner to acquire a controlling stake in liner major HMM. Local media report that advisors from Samil PwC and Boston Consulting Group are understood to be working with POSCO on feasibility studies for a deal that could be worth in the region …
https://splash247.com/posco-circles-hmm-as-speculation-mounts-on-state-backed-exit/
https://splash247.com/posco-circles-hmm-as-speculation-mounts-on-state-backed-exit/Shipmanagers are warning of mounting operational chaos as fresh US visa restrictions begin to bite, Splash has learned. Multiple sources at leading shipmanagement companies confirm growing problems with obtaining valid US visas for crewmembers. The issues stem from a raft of executive orders signed by the current US president, which have shifted the long-established practice …
https://splash247.com/us-visa-crackdown-creates-turmoil-for-shipmanagers/
https://splash247.com/us-visa-crackdown-creates-turmoil-for-shipmanagers/The current standards for LNG for marine use (ISO 23306:2020) don’t define limits for Methane Number even though it is an important fuel characteristic that can vary with fuel source and the addition of bioLNG into fuel blends.Power generation…
https://www.marinelink.com/news/importance-methane-number-marine-engines-529646
https://www.marinelink.com/news/importance-methane-number-marine-engines-529646Wallenius Wilhelmsen has secured a logistics contract in Australia with a large automotive manufacturer expected to generate revenues of over $100 million.Wallenius Wilhelmsen will deliver vehicle processing services for the automotive company in Melbourne…
https://www.marinelink.com/news/wallenius-wilhelmsen-inks-logistics-529652
https://www.marinelink.com/news/wallenius-wilhelmsen-inks-logistics-529652Norway and Britain on Thursday (September 4) signed a £10 billion ($13.51 billion) agreement aimed at strengthening Norway's maritime defence capabilities, marking the Nordic country's largest military investment to date.Norway, which announced the deal on Sunday (August 31)…
https://www.marinelink.com/news/britain-norway-sign-b-maritime-defense-529628
https://www.marinelink.com/news/britain-norway-sign-b-maritime-defense-529628European prosecutors are investigating possible criminal offences relating to a 1.9 billion euro ($2 billion) EU-financed project to build a subsea electric cable linking Europe to the eastern Mediterranean, Cyprus's president and the prosecuting…
https://www.marinelink.com/news/european-prosecutors-investigate-possible-529629
https://www.marinelink.com/news/european-prosecutors-investigate-possible-529629Danish wind farm developer Orsted's Revolution Wind joint venture has filed a lawsuit against the administration of President Donald Trump over the U.S. government's decision to block construction of the project off Rhode Island, a court filing showed on Thursday.The U.S.
https://www.marinelink.com/news/orsted-wind-venture-sues-trump-529631
https://www.marinelink.com/news/orsted-wind-venture-sues-trump-529631Accelleron will launch a landmark Net Zero report at London International Shipping Week (LISW) this month, calling on shipping to join forces with other industries and pool demand for carbon-neutral fuels.The call to decarbonize shipping has…
https://www.marinelink.com/news/accelleron-report-calls-decarbonize-529637
https://www.marinelink.com/news/accelleron-report-calls-decarbonize-529637The Dominican Navy has received its second 85’ x 19.5’ welded aluminum Near Coastal Patrol Vessel (NCPV), built by Louisiana-based boat builder Metal Shark.Christened ARCTURUS CG-114 in keeping with the Dominican tradition of naming military vessels after constellations and celestial bodies…
https://www.marinelink.com/news/dominican-navy-commissions-second-metal-529638
https://www.marinelink.com/news/dominican-navy-commissions-second-metal-529638ElbFeeder, a joint venture of the Icelandic transportation company Eimskip and German listed ship-owner Ernst Russ, signed contracts for a pair of 2,280-TEU container vessels with the shipyard China Merchants Jin Ling Shipyard (Nanjing) Co. Ltd.
https://www.marinelink.com/news/shipbuilding-jv-company-orders-529640
https://www.marinelink.com/news/shipbuilding-jv-company-orders-529640