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The Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) has granted the first preliminary license for an offshore wind energy project in Brazil. The license was awarded to the Senai Institute for Innovation in Renewable Energy for the offshore wind turbine test site set to be implemented on the coast of Areia Branca, in …
https://splash247.com/brazil-issues-first-offshore-wind-license-to-24-5mw-pilot-project/
https://splash247.com/brazil-issues-first-offshore-wind-license-to-24-5mw-pilot-project/Spanish electric utility company Iberdrola has named Pedro Azagra as the group’s new chief executive officer. Azagra, who until now has held the position of CEO of the company’s USA subsidiary Avangrid, is replacing Armando Martínez. The incoming CEO has been with Iberdrola for 25 years, first as executive director of development with responsibility for …
https://splash247.com/iberdrola-picks-avangrid-head-as-new-ceo/
https://splash247.com/iberdrola-picks-avangrid-head-as-new-ceo/Egypt’s National Navigation Company (NNC) is continuing its fleet expansion with a fresh order for two additional kamsarmax bulk carriers. The state-owned Cairo-based owner has commissioned Jiangsu Hantong Ship Heavy Industry to build and deliver the 82,000 dwt units in September and November of 2028. This marks the second deal with Jiangsu Hantong in just …
https://splash247.com/egypts-national-navigation-back-in-china-for-more-kamsarmax-newbuilds/
https://splash247.com/egypts-national-navigation-back-in-china-for-more-kamsarmax-newbuilds/Greek shipping magnate George Economou has further solidified his return to the container sector with the acquisition of the 5,500 teu ZIM Yangtze, a modern containership currently on long-term charter to Israeli carrier ZIM. The vessel, formerly owned by Germany’s Elbdeich Reederei, was sold to Economou’s TMS Group for an undisclosed sum. The 5,500 teu …
https://splash247.com/economous-tms-group-acquires-zim-yangtze-in-ongoing-container-market-comeback/
https://splash247.com/economous-tms-group-acquires-zim-yangtze-in-ongoing-container-market-comeback/A fire broke out aboard an oil tanker undergoing repairs at a shipyard in Batam on Monday, killing four workers and injuring five others. The blaze ignited in the afternoon of June 24 aboard the Federal II, a 1990-built aframax tanker serving as a floating storage and offloading (FSO) unit. The vessel was docked at …
https://splash247.com/deadly-fire-engulfs-tanker-in-batam-shipyard/
https://splash247.com/deadly-fire-engulfs-tanker-in-batam-shipyard/Louis Sola will step down next week as chairman of the Federal Maritime Commission (FMC) after a seven-year stint at America’s shipping regulator. Donald Trump, the American president, will nominate a new chairman and commissioner to the FMC in due course, something that will require Senate approval. “Throughout my tenure, I engaged with senior partners …
https://splash247.com/louis-sola-steps-down-as-chair-of-fmc/
https://splash247.com/louis-sola-steps-down-as-chair-of-fmc/Daehan Shipbuilding, a mid-sized shipbuilder specialising in suezmax and aframax tankers, will list on South Korea’s KOSPI stock exchange later this year. This move follows a significant financial turnaround and a surge in global shipbuilding demand. The company has appointed KB Securities and NH Investment & Securities as lead underwriters, with ShinYoung Securities serving as …
https://splash247.com/daehan-shipbuilding-pursues-seoul-ipo/
https://splash247.com/daehan-shipbuilding-pursues-seoul-ipo/Mediterranean Shipping Co (MSC), the world’s largest container line, has single-handedly catapulted West Africa into Alphaliner’s list of the 10 trading routes with the biggest ships. Earlier this year, MSC started redeploying some of its largest ships from Asia-Europe to cater instead for the fast-expanding Asia-West Africa market, something that has seen the average vessel …
https://splash247.com/msc-propels-west-africa-higher-up-the-container-ladder/
https://splash247.com/msc-propels-west-africa-higher-up-the-container-ladder/Ship operators report extreme GPS jamming continues in and around the Gulf, but the tentative truce reached between the US, Israel and Iran is holding, something that has been reflected in declining oil prices and tanker spot rates and stock prices over the past 24 hours. “A whirlwind two weeks has seen crude oil prices …
https://splash247.com/truce-tempers-tanker-rally-as-gps-jamming-persists-in-the-gulf/
https://splash247.com/truce-tempers-tanker-rally-as-gps-jamming-persists-in-the-gulf/Yemen's Iran-aligned Houthi movement will likely be a persistent problem for the U.S. in the future, a senior U.S. military official said on Tuesday, even after Washington and the Houthis reached an agreement last month that ended a U.S. air…
https://www.marinelink.com/news/houthis-likely-persistent-problem-us-527261
https://www.marinelink.com/news/houthis-likely-persistent-problem-us-527261