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In a bold leap beyond its traditional maritime roots, Mitsui OSK Lines (MOL) has announced plans to commercialise an offshore rocket launch and recovery vessel. The initiative, slated for commercialisation around 2030, is being developed in partnership with Innovative Space Carrier (ISC) and Tsuneishi Solutions Tokyobay, a company formerly known as Mitsui E&S Shipbuilding. The …
https://splash247.com/mol-shoots-for-the-stars-with-rocket-recovery-ship/
https://splash247.com/mol-shoots-for-the-stars-with-rocket-recovery-ship/Danish offshore wind developer Ørsted has secured TWD 90bn ($3bn) in financing for the 632MW Greater Changhua 2 wind farm off Taiwan. The financing deal was arranged with 25 banks and five export credit agencies and covers part of the financing for the project. Simultaneously, the company is progressing with an equity divestment expected to …
https://splash247.com/orsted-secures-3bn-in-financing-for-offshore-wind-farm-in-taiwan/
https://splash247.com/orsted-secures-3bn-in-financing-for-offshore-wind-farm-in-taiwan/Mitsui O.S.K. Lines (MOL) has moved forward towards commercializing an offshore rocket launch and recovery vessel through a partnership agreement with Innovative Space Carrier (ISC) and Tsuneishi Solutions Tokyobay.MOL’s engagement in space…
https://www.marinelink.com/news/mol-advances-plans-offshore-rocket-launch-527821
https://www.marinelink.com/news/mol-advances-plans-offshore-rocket-launch-527821A new research vessel built for the French oceanographic fleet operated for the National Science Community by the French national Institute of Ocean Sciences (IFREMER) has been launched at the Freire Shipyard celebrated in Vigo, Spain.The oceanographic…
https://www.marinelink.com/news/ifremers-french-oceanographic-fleet-527822
https://www.marinelink.com/news/ifremers-french-oceanographic-fleet-527822Global Energy Storage Group (GES) has completed of the sale of its terminal located in the Port of Rotterdam to French-based firm Tepsa.The facility, which includes 212,000 m3 of tank storage and approximately 18 hectares of development land in the Europoort area…
https://www.marinelink.com/news/ges-exits-dutch-market-rotterdam-terminal-527824
https://www.marinelink.com/news/ges-exits-dutch-market-rotterdam-terminal-527824Dr. Rosalie Balkin, Secretary-General of the Comité Maritime International (CMI) and former Director of Legal Affairs and External Relations Division at the International Maritime Organization (IMO), has been named the recipient of the International Maritime Prize for 2024.
https://www.marinelink.com/news/rosalie-balkin-receive-international-527828
https://www.marinelink.com/news/rosalie-balkin-receive-international-527828Iron ore prices have been a model of stability in recent months despite the increasing clouds over the outlook for the key steel raw material.The benchmark Singapore Exchange contract ended at $95.25 a metric ton on Monday, down from $95.89…
https://www.marinelink.com/news/iron-ore-calm-face-china-uncertainty-us-527832
https://www.marinelink.com/news/iron-ore-calm-face-china-uncertainty-us-527832Today, Thursday, July 10 2025, the Baltic Dry Index decreased by 8 points, reaching 1423 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1423-down-8-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1423-down-8-points/Norwegian vessel owner Solstad Offshore has signed a contract with Brazilian state-owned oil and gas giant Petrobras for the charter of an AHTS vessel. The deal for the 2007-built anchor handler Normand Turquesa was awarded to the company in early May. At the time, the company said that the contract was subject to board approval. …
https://splash247.com/solstad-offshore-firms-up-84m-ahts-deal-with-petrobras/
https://splash247.com/solstad-offshore-firms-up-84m-ahts-deal-with-petrobras/The UK government has signed a partnership with Japan’s Sumitomo Corporation’s which will facilitate a £7.5bn ($10.2bn) investment into the country’s offshore wind and hydrogen projects by 2035. This will significantly increase long-term business investment into key growth sectors following the publication of the UK’s Modern Industrial Strategy and the 10-Year Infrastructure Strategy. This latest …
https://splash247.com/uk-and-sumitomo-sign-10bn-deal-for-offshore-wind-and-hydrogen-projects/
https://splash247.com/uk-and-sumitomo-sign-10bn-deal-for-offshore-wind-and-hydrogen-projects/