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Announcing record interims today, Øystein Kalleklev, the CEO of Avance Gas, gave investors an idea of what he and his team might do with the remainder of the fleet, now shorn of 12 VLGCs following one of this month’s biggest shipping transactions. John Fredriksen-controlled Avance Gas agreed to sell its entire very large gas carrier …
https://splash247.com/kalleklev-details-alternative-future-paths-for-avance-gas/
https://splash247.com/kalleklev-details-alternative-future-paths-for-avance-gas/The remarkable resurgence in containership ordering at yards in East Asia over the summer has pushed delivery dates for most other ship types towards the end of the decade new analysis from sister title, Splash Extra, reveals today. June, July and August have seen near record levels of containerships contracted, principally in China. June was …
https://splash247.com/new-wave-of-boxship-orders-elbows-out-tankers-and-dry-bulk-from-top-yards/
https://splash247.com/new-wave-of-boxship-orders-elbows-out-tankers-and-dry-bulk-from-top-yards/Offshore supply services company Havila Shipping has recorded a profit before tax of NOK 4.0 million ($382,000) in Q2 2024, compared with NOK -5.4 million in Q2 2023.Deals made in the quarter include the agreement with Reach Subsea to extend the contract for the IMR vessel Havila Subsea.
https://www.marinelink.com/news/havila-shipping-reports-quarterly-profit-516422
https://www.marinelink.com/news/havila-shipping-reports-quarterly-profit-516422On release of its interim financial report 2024 Cadeler reports that it has delivered results in line with expectations and achieved a record high order backlog.The world’s largest operator in offshore wind installation, operation, and maintenance…
https://www.marinelink.com/news/cadeler-boasts-record-high-order-backlog-516423
https://www.marinelink.com/news/cadeler-boasts-record-high-order-backlog-516423Azane Fuel Solutions has received Approval in Principle (AiP) from DNV for its Ammonia Release Mitigation System (ARMS).The approval comes as Azane Fuel Solutions continue to develop technologies to safely handle ammonia as a fuel on board ships…
https://www.marinelink.com/news/aip-granted-ammonia-release-mitigation-516427
https://www.marinelink.com/news/aip-granted-ammonia-release-mitigation-516427Austal USA LLC has pled guilty and has agreed to pay $24 million to resolve an investigation by the U.S. Justice Department related to an accounting fraud scheme and efforts to obstruct the Defense Contract Audit Agency (DCAA) during a financial…
https://www.marinelink.com/news/austal-usa-pleads-guilty-fraud-scheme-516430
https://www.marinelink.com/news/austal-usa-pleads-guilty-fraud-scheme-516430Fugro has completed the primary phase in its first vessel conversion to green methanol fuel.The Fugro Pioneer is ready to be equipped with methanol engines after successfully converting the main components on board.The now-completed vessel adjustments…
https://www.marinelink.com/news/fugro-pioneers-conversion-methanol-fuel-516432
https://www.marinelink.com/news/fugro-pioneers-conversion-methanol-fuel-516432Deliveries for exploration, development projects and operation of Equinor-operated fields and onshore facilities in Norway had a value of more than NOK 134 billion ($12.8 billion) in 2023, 94% of which were invoiced by Norwegian suppliers.The…
https://www.marinelink.com/news/equinor-generating-billions-norwegian-516435
https://www.marinelink.com/news/equinor-generating-billions-norwegian-516435Vard has signed a contract for the design and construction of a second hybrid ocean energy construction vessel (OECV) for the Norwegian shipping group Island Offshore.In May, the companies signed a contract for one firm OECVs with an option for two sister vessels.
https://www.marinelink.com/news/island-offshore-orders-second-hybrid-516436
https://www.marinelink.com/news/island-offshore-orders-second-hybrid-516436WE Tech Solutions informs it has received an order from Sirius Shipping for a hybrid electric system for their new chemical tankers. For this order, WE Tech Solutions will provide the Solution Four for the tanker pair. This solution is based on a battery hybrid shaft generator solution.
https://www.marinelink.com/news/tech-solutions-supply-hybrid-electric-516408
https://www.marinelink.com/news/tech-solutions-supply-hybrid-electric-516408