Access cargoes, ship positions, ships and parts for sale, news, events and jobs
Maritime solutions provider Wallem Group and China’s COSCO Shipping Seafarer Management Company have entered into strategic cooperation to enhance their collaboration in maritime industry.The partnership underscores both companies’ commitment…
https://www.marinelink.com/news/cosco-wallem-group-forge-strategic-515685
https://www.marinelink.com/news/cosco-wallem-group-forge-strategic-515685As Russia's war continues to rage in Ukraine and tensions hit a fever pitch in the Middle East, zooming out of the ship recycling markets, GMS sees geopolitical events taking centerstage across all shipping sectors (trading and recycling) for yet another week, with no end in sight.
https://www.marinelink.com/news/geopolitical-fighting-negatively-impacts-515686
https://www.marinelink.com/news/geopolitical-fighting-negatively-impacts-515686Mobile, Ala. shipbuilder Austal USA has been awarded a $54,997,317 fixed-priced incentive (firm-target) contract modification for the construction of two additional Landing Craft Utility (LCU) 1700-class vessels for the U.S. Navy.Austal USA…
https://www.marinelink.com/news/us-navy-orders-two-landing-craft-utility-515690
https://www.marinelink.com/news/us-navy-orders-two-landing-craft-utility-515690A joint venture backed by SLB, Aker Solutions, and Subsea7 has won a contract from Petrobras to deliver subsea production systems and related services for two oil fields in the Santos basin. As part of the second development of the Atapu and Sepia fields, the jv, known as SLB OneSubsea, will provide the Petrobras-standard configured, …
https://splash247.com/slb-led-joint-venture-awarded-major-subsea-contract-by-petrobras/
https://splash247.com/slb-led-joint-venture-awarded-major-subsea-contract-by-petrobras/Italian offshore cable maker Prysmian has landed a €600m ($655m) deal with Marinus Link for a new Australian power interconnector between Victoria and Tasmania. The final agreement follows the capacity reservation in September 2023. The commencement of the works is expected by August 2025. The project’s cables will span 345 km – 255 km undersea …
https://splash247.com/prysmian-lands-655m-australian-interconnector-deal/
https://splash247.com/prysmian-lands-655m-australian-interconnector-deal/Fincantieri-controlled Norwegian shipbuilder Vard has secured a contract from compatriot Wind Energy Construction for up to two newbuild energy construction vessels (ECVs). The Norwegian outfit linked to Ålesund-based Norwind Offshore and its founders and owners has signed for one firm vessel, delivering in the second quarter of 2027 and one optional unit which can be …
https://splash247.com/wind-energy-construction-signs-for-vard-newbuilds/
https://splash247.com/wind-energy-construction-signs-for-vard-newbuilds/Faced with record orderbooks, and emerging production bottlenecks, the South Korean government has opened a shipbuilding training centre in Indonesia to provide training programs for Indonesian workers seeking job opportunities in Korea. The centre will train up to 40 workers for a three-month period, offering welding, Korean language and safety courses, according to the Ministry …
https://splash247.com/south-korea-opens-shipbuilding-training-centre-in-indonesia/
https://splash247.com/south-korea-opens-shipbuilding-training-centre-in-indonesia/Teekay Tankers has been revealed as the taker of a modern aframax sold by Union Maritime for what appears to be a low price compared to earlier sales, tabling $70.5m, according to Clarksons, for the three-year-old, 113,000 dwt Stirling, a Cosco Zhoushan-built ship. This is Teekay’s first modern tanker purchase in almost a decade. Sales …
https://splash247.com/teekay-bags-modern-aframax/
https://splash247.com/teekay-bags-modern-aframax/Jiangsu Ocean Shipping (Josco) has contracted Nantong COSCO KHI Ship Engineering (NACKS), a subsidiary of COSCO Shipping Heavy Industry, for two kamsarmax bulk carrier newbuilds. The landmark order for Jiangsu Port Group’s shipping arm, mostly active in the supramax and ultramax segments, will see the newbuilds delivered in 2026 and 2027. No price has been …
https://splash247.com/jiangsu-ocean-shipping-orders-kamsarmax-pair-at-nacks/
https://splash247.com/jiangsu-ocean-shipping-orders-kamsarmax-pair-at-nacks/Fund managers generally see shipping as a niche market and a small investment opportunity, which for Niels Hartmann, the chief executive officer and board member of the Hartmann Group and founding member of owner and shipping fund manager Pelagic Partners, is a distant and commercially blind position to take. With shipping responsible for the delivery …
https://splash247.com/pelagic-partners-how-to-invest-in-todays-volatile-shipping-markets/
https://splash247.com/pelagic-partners-how-to-invest-in-todays-volatile-shipping-markets/