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UK energy regulator Ofgem has shortlisted bidders who will compete to own and operate the offshore electricity transmission links for three major North Sea wind farms off Great Britain’s east coast. A field of five bidders, the biggest since 2019, will be looking to compete over transmission links which connect offshore wind farms East Anglia Three, Inch Cape, and Dogger Bank C into Great Britain’s power grid. The …
https://splash247.com/ofgem-shortlists-bidders-for-4-7bn-offshore-wind-links/
https://splash247.com/ofgem-shortlists-bidders-for-4-7bn-offshore-wind-links/Saudi oil and gas driller ADES has temporarily suspended operations on several of its offshore rigs in the GCC due to ongoing regional tensions. According to a statement made by the company, these suspensions will be short-term in nature. ADES stated that it is firmly committed to the safety of its personnel and assets, which …
https://splash247.com/ades-scales-down-gulf-rig-activity-citing-safety-concerns/
https://splash247.com/ades-scales-down-gulf-rig-activity-citing-safety-concerns/Philip Nielsen, co-founder of digital transformation advisory Oriani Hellas, has some counter-narratives to much of what you have been reading about shipping tech of late. In this article, I wish to challenge three beliefs about maritime technology that we rarely think to question.Give the captain back his ship Somewhere along the way, we quietly demoted …
https://splash247.com/challenging-beliefs-about-maritime-technology/
https://splash247.com/challenging-beliefs-about-maritime-technology/Turkish conglomerate Yasa Group, best known as an owner of dry bulk vessels and tankers, has been identified as the owner behind a pair of 3,100 teu containership newbuildings ordered at a Chinese shipyard in late 2025, according to Alphaliner. Penglai Zhongbai Jinglu Ship Industry, also known as Jinglu Shipyard, will deliver the two vessels …
A fire at Russia’s Baltic Sea port of Ust-Luga, following drone attacks, is being dealt with, the governor of Leningrad region said on the Telegram messaging app on Wednesday with videos emerging of significant damage to the key Baltic export facility. Recent weeks have seen a surge in drone attacks on key Russian oil infrastructure …
https://splash247.com/ukraine-targets-ust-luga/
https://splash247.com/ukraine-targets-ust-luga/German shipowners are calling for the creation of a civilian “sea service” to strengthen the country’s ability to keep trade moving in times of crisis. The proposal, put forward by the German Shipowners’ Association (VDR), would allow young people to complete part of a future military service requirement at sea, building up a pool of …
https://splash247.com/german-shipowners-float-civilian-maritime-reserve-amid-rising-risks/
https://splash247.com/german-shipowners-float-civilian-maritime-reserve-amid-rising-risks/Many nations around the world are looking to either enter or resuscitate the shipyard sector, something South Korea’s largest shipbuilder is eyeing as a separate business avenue – selling not ships, but the knowledge of how to build them. HD Korea Shipbuilding & Offshore Engineering, the holding company of HD Hyundai, will add “development and …
The dry bulk market is expected to firm into a period of “cautious stability” by the time industry players gather in Geneva next month, according to Amrit Singh, senior manager of shipping research at LSEG. Speaking ahead of Geneva Dry, Singh says the market would likely find a balance between steady demand and a growing …
https://splash247.com/geneva-dry-dialogues-london-stock-exchange-group/
https://splash247.com/geneva-dry-dialogues-london-stock-exchange-group/Cuba on Tuesday received a shipment of humanitarian aid from the Nuestra America Convoy, an international effort organized by global activists seeking to circumvent U.S. sanctions that severely restrict shipments of fuel and other goods to the…
https://www.marinelink.com/news/international-group-delivers-aid-cuba-537265
https://www.marinelink.com/news/international-group-delivers-aid-cuba-537265At first glance, the Iran war appears to be hitting oil and gas with equal force, as missiles, drone strikes and shipping disruptions choke flows through the Strait of Hormuz.But beneath that surface symmetry lies a critical imbalance. The global…
https://www.marinelink.com/news/iran-war-hits-natural-gas-harder-oil-537266
https://www.marinelink.com/news/iran-war-hits-natural-gas-harder-oil-537266