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Everllence, the German engine manufacturer formerly known as MAN, has successfully run its ethanol-fuelled 21/31 dual-fuel engine at test facilities in Frederikshavn. The company was the first engine manufacturer to launch a small-bore, four-stroke, methanol-burning engine in 2024, known as the 21/31DF-M unit. Several are already in commercial operation. The company continued work on the 21/31 …
https://splash247.com/everllence-successfully-tests-ethanol-fuelled-dual-fuel-engine/
https://splash247.com/everllence-successfully-tests-ethanol-fuelled-dual-fuel-engine/Jinhui Shipping and Transportation has added another ultramax to its growing newbuild programme in China, returning to Jiangmen Nanyang Ship Engineering for a 64,500 dwt bulker priced at $33.45m. The Oslo-listed, Hong Kong-based owner placed the order only months after committing $99.15m at the same yard for three sister vessels of identical specification, all slated …
https://splash247.com/jinhui-keeps-up-fleet-renewal-push-with-another-ultramax-newbuild/
https://splash247.com/jinhui-keeps-up-fleet-renewal-push-with-another-ultramax-newbuild/British class society Lloyd’s Register (LR) and Greek shipowner Latsco have completed a proof-of-concept for a new standard in digital class assurance with data-driven surveys. This collaboration aims to demonstrate how verified operational vessel data can fully meet class survey requirements, without compromising safety, integrity, or technical rigour. The proof-of-concept was conducted on the 2017-built …
Dong Fang Offshore (DFO), one of Asia’s largest offshore wind service providers, has signed a major shipbuilding contract with Norwegian yard Westcon for a new subsea and cable lay vessel (CLV), set for delivery in 2027.Westcon will take over…
https://www.marinelink.com/news/dong-fang-offshore-picks-westcon-new-clv-533285
https://www.marinelink.com/news/dong-fang-offshore-picks-westcon-new-clv-533285A federal judge on Monday struck down an order by U.S. President Donald Trump's administration to halt all federal approvals for new wind energy projects, saying that agencies' efforts to implement his directive were unlawful and arbitrary.Agencies including the U.S.
https://www.marinelink.com/news/us-judge-overturns-trumps-freeze-wind-533290
https://www.marinelink.com/news/us-judge-overturns-trumps-freeze-wind-533290In October, a German navy ship completed sensor accuracy testing at the Naval Undersea Warfare Center (NUWC) Division Newport’s Atlantic Undersea Test and Evaluation Center (AUTEC) for the first time, marking a milestone for both Germany and…
https://www.marinelink.com/news/nuwc-division-newports-autec-range-533297
https://www.marinelink.com/news/nuwc-division-newports-autec-range-533297China’s soybean imports reached their highest November level since 2021, a Reuters calculation based on customs data showed on Monday, with full-year arrivals set for a record amid strong purchases from South America and a U.S. trade truce. The world’s top soybean buyer brought in 8.11 million metric tons in November, the General Administration of ...
https://www.hellenicshippingnews.com/china-set-for-record-2025-soybean-imports-on-brazil-buys-us-trade-truce/China’s state-run shipping COSCO, the world’s largest shipowner, has placed a massive order for 87 newbuildings with yards under China State Shipbuilding Corp (CSSC), sealing the largest single domestic shipbuilding contract ever awarded in the country. The deal, worth more than RMB50bn (about $7.07bn), includes containerships, tankers, bulk carriers and multipurpose vessels, and will be …
https://splash247.com/cosco-supercharges-expansion-with-7bn-order-for-87-ships/
https://splash247.com/cosco-supercharges-expansion-with-7bn-order-for-87-ships/China’s trade surplus has smashed through the $1trn mark in the first 11 months of 2025 – a record that underscores how dramatically global container flows have shifted this year, even as trade with the US slumps nearly 29%. The headline figure, released by Chinese customs, highlights two simultaneous trends that have reshaped the global …
https://splash247.com/chinas-1trn-trade-surplus-reshapes-global-container-flows-in-2025/
https://splash247.com/chinas-1trn-trade-surplus-reshapes-global-container-flows-in-2025/Oil prices slipped more than $1 on Monday after Iraq restored production at one of its oilfields which accounts for 0.5% of world oil supply, while investors weighed ongoing talks to end the war in Ukraine.Brent crude futures were down $1.07, or 1.68%, at $62.68 a barrel by 11:05 p.m.
https://www.marinelink.com/news/oil-prices-fall-iraqi-production-restored-533247
https://www.marinelink.com/news/oil-prices-fall-iraqi-production-restored-533247