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Offshore wind vessel heavyweight Cadeler has raised around $203m in fresh equity as it lines up its next round of fleet expansion. The Copenhagen-based, Oslo- and New York-listed company said the private placement was priced above its five-day volume-weighted average, with strong backing from existing investors including BW Altor and Scorpio-linked interests. BW Altor, tied …
https://splash247.com/bw-and-scorpio-back-cadelers-fresh-capital-raise-for-fleet-growth/
https://splash247.com/bw-and-scorpio-back-cadelers-fresh-capital-raise-for-fleet-growth/Greece’s Maran Gas Maritime has returned to South Korea’s Hanwha Ocean with an order for two new LNG carriers. Shipbuilding sources say the Angelicoussis-controlled owner has booked a pair of 174,000 cu m vessels, with a combined price tag of about $505m. Delivery is lined up for May 2029. The latest deal keeps the Maria …
https://splash247.com/maran-gas-doubles-down-with-fresh-lng-carrier-order/
https://splash247.com/maran-gas-doubles-down-with-fresh-lng-carrier-order/Yemen's Iran-aligned Houthi movement, whose attacks on the Red Sea caused international shipping and trade chaos during the Gaza war, stands ready to strike the key waterway again in solidarity with Tehran, one Houthi leader told Reuters, a…
https://www.marinelink.com/news/houthis-stand-ready-join-iran-war-537379
https://www.marinelink.com/news/houthis-stand-ready-join-iran-war-537379Prime Minister Keir Starmer said on Thursday he had authorised the military to board and detain Russian ships in British waters to disrupt a network of vessels that his government says enables Moscow to export oil despite Western sanctions.The decision comes as other European nations…
https://www.marinelink.com/news/uk-authorizes-military-board-russian-537380
https://www.marinelink.com/news/uk-authorizes-military-board-russian-537380Crosby Enterprises, LLC (the “Company”) announced that the Company filed chapter 11 cases for several of its subsidiary/affiliate units, Crosby Tugs, L.L.C., Crosby Dredging, L.L.C. and Crosby Marine Transportation, L.L.C., in the U.S. Bankruptcy…
https://www.marinelink.com/news/crosby-enterprises-llc-announces-537391
https://www.marinelink.com/news/crosby-enterprises-llc-announces-537391The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, advanced for a second day on Thursday, rising 0.7% to 2,014 points, bolstered by the bigger-size segment. The capesize index, which typically transport 150,000-ton cargoes including iron ore and coal, was also up for a second session, climbing 2% ...
https://www.hellenicshippingnews.com/baltic-dry-index-rises-for-2nd-day/
https://www.hellenicshippingnews.com/baltic-dry-index-rises-for-2nd-day/The largest onshore and offshore drilling company in Saudi Arabia by fleet size, Arabian Drilling, has suspended operations on several offshore rigs in the Gulf due to ongoing tensions in the Middle East. The company said the move was part of its established safety and operational protocols, with a focus on safeguarding personnel and assets. …
https://splash247.com/gulf-tensions-force-arabian-drilling-to-suspend-ops-on-some-offshore-rigs/
https://splash247.com/gulf-tensions-force-arabian-drilling-to-suspend-ops-on-some-offshore-rigs/Golar LNG has launched a strategic review that could open the door to a sale, merger or other deal, as the company looks to speed up growth in floating LNG. The Nasdaq-listed FLNG specialist said its board has started a formal process to evaluate strategic alternatives, with Goldman Sachs brought in as financial advisor. The …
https://splash247.com/flng-specialist-golar-reviews-future-path/
https://splash247.com/flng-specialist-golar-reviews-future-path/Shipowners are holding back on engine retrofit decisions despite growing technical readiness, as uncertainty around decarbonisation rules continues to cloud investment plans. That’s the key takeaway from British class society Lloyd’s Register’s latest engine retrofit report, which points to a widening gap between capability and commitment across the sector. While 2025 saw only limited growth …
https://splash247.com/retrofit-market-stalls-as-owners-wait-on-rules/
https://splash247.com/retrofit-market-stalls-as-owners-wait-on-rules/Israel has claimed it killed the head of Iran’s Revolutionary Guard naval forces, a key figure behind recent threats and disruption to shipping through the Strait of Hormuz. Alireza Tangsiri, commander of the Islamic Revolutionary Guard Corps (IRGC) Navy, was reportedly killed in a strike in the southern port city of Bandar Abbas, according to …
https://splash247.com/israel-claims-top-iranian-naval-commander-killed/
https://splash247.com/israel-claims-top-iranian-naval-commander-killed/