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Denmark’s Lauritzen Bulkers has appointed Martin Sato as its new chief executive. Sato, who previously spent 18 years at J. Lauritzen’s dry bulk business, will join the Copenhagen-based shipowner and operator by December from fellow handysize bulker player BaltNav, where he has served as CEO since 2024. “Martin returns to Lauritzen Bulkers with deep knowledge …
https://splash247.com/martin-sato-returns-as-ceo-at-lauritzen-bulkers/
https://splash247.com/martin-sato-returns-as-ceo-at-lauritzen-bulkers/Guyana's parliament passed an oil pollution bill late on Friday that holds parties liable for damages caused by oil spills, including from vessels.The bill, which passed with a majority of votes cast in a simple voice vote, is expected to soon be signed into law by President Irfaan Ali.Guyana…
https://www.marinelink.com/news/guyana-passes-bill-making-firms-liable-525860
https://www.marinelink.com/news/guyana-passes-bill-making-firms-liable-525860Alternative investment firm Investcorp has signed a cooperation agreement to invest in a $550 million infrastructure project in Port of Duqm in Oman.Investcorp Aberdeen Infrastructure Partners (AIIP) – a joint venture with Aberdeen plc, will be the shareholder in the project…
https://www.marinelink.com/news/investcorp-invest-m-omans-port-duqm-525868
https://www.marinelink.com/news/investcorp-invest-m-omans-port-duqm-525868A joint venture project developing the first marine fuel facility for liquefied natural gas in the U.S. Gulf Coast has secured final permits and construction is expected to begin later this year, executives involved said on Monday.The global…
https://www.marinelink.com/news/us-gulf-coasts-first-lng-ship-bunkering-525869
https://www.marinelink.com/news/us-gulf-coasts-first-lng-ship-bunkering-525869A joint venture project developing the first marine fuel facility for liquefied natural gas in the U.S. Gulf Coast has secured final permits and construction is expected to begin later this year, executives involved said on Monday.The global…
https://www.marinelink.com/news/first-lng-ship-bunkering-hub-us-gulf-525872
https://www.marinelink.com/news/first-lng-ship-bunkering-hub-us-gulf-525872The Estonian government has approved a draft bill that granted the first building permit for an offshore wind farm in the country. The permit, valid for 50 years, was granted to Saare Wind Energy to construct a 1.4GW wind farm some 11 km off Saaremaa island. The wind farm will be built with 100 turbines, …
https://splash247.com/estonia-awards-first-building-permit-for-an-offshore-wind-farm/
https://splash247.com/estonia-awards-first-building-permit-for-an-offshore-wind-farm/Norway’s DDW Offshore, a subsidiary of Akastor, has revealed that the sale of the anchor handling tug supply (AHTS) vessel Skandi Peregrino has fallen through. DDW Offshore agreed to sell the 2010-built AHTS for a purchase price of $25m to an undisclosed client in early March. Some $10m from the acquisition was supposed to be …
https://splash247.com/buyer-bows-out-from-ddw-offshore-ahts-acquisition/
https://splash247.com/buyer-bows-out-from-ddw-offshore-ahts-acquisition/Saudi oil and gas driller ADES has signed a contract renewal for one of its offshore jackup rigs with compatriot Aramco. The company did not disclose which rig this was, but did say that the unit was among the temporarily suspended rigs that were previously operating in Saudi Arabia. The contract renewal is for a …
https://splash247.com/aramco-renews-ades-jackup-deal-for-10-years/
https://splash247.com/aramco-renews-ades-jackup-deal-for-10-years/Turkey’s largest liner, Arkas, has moved to further strengthen its fleet with a new series of containership newbuildings in China. The Izmir-based carrier has returned to CSSC Huangpu Wenchong Shipyard for four firm 3,100 teu vessels with options secured for an additional two newbuilds. The ships, costing about $50m each, should deliver in 2028, similar …
https://splash247.com/arkas-back-for-more-huangpu-wenchong-boxships/
https://splash247.com/arkas-back-for-more-huangpu-wenchong-boxships/Russia detained a Greek-owned oil tanker on Sunday after it left an Estonian Baltic Sea port, the Estonian Foreign Ministry said, adding it had alerted NATO allies to the incident.The Liberia-flagged ship Green Admire was leaving Sillamae port…
https://www.marinelink.com/news/estonia-says-russia-detained-tanker-525844
https://www.marinelink.com/news/estonia-says-russia-detained-tanker-525844