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The Global Centre for Maritime Decarbonisation (GCMD), AIM Horizon Investments, and their partners have announced the successful closing of the Fund for Energy Efficiency Technologies (FEET), securing total commitments of up to $35 million,…
https://www.marinelink.com/news/worlds-first-retrofit-fund-established-532725
https://www.marinelink.com/news/worlds-first-retrofit-fund-established-532725On February 23, 2024, the FMC issued its Final Rule on Detention and Demurrage Billing Practices, as required by Congress under the Ocean Shipping Reform Act of 2022. The rule went into effect on May 28, 2024. After the Final Rule was issued…
https://www.marinelink.com/news/us-court-appeals-issues-decision-case-532727
https://www.marinelink.com/news/us-court-appeals-issues-decision-case-532727This week, the Department of the Interior issued the Draft Proposed Program for the next five year federal offshore oil and gas leasing program, and the response from industry has been positive.Under the new proposal for the 2026–2031 National Outer Continental Shelf Oil and Gas Leasing Program…
https://www.marinelink.com/news/industry-responds-positively-us-offshore-532728
https://www.marinelink.com/news/industry-responds-positively-us-offshore-532728The latest analysis from ABS, Retrofits for Energy and Emissions Improvements, provides critical insights into the impact of retrofitting, including classification and statutory requirements, as well as best practices for implementation.The…
https://www.marinelink.com/news/abs-offers-best-practice-energy-532729
https://www.marinelink.com/news/abs-offers-best-practice-energy-532729Is LNG to ammonia a viable pathway for helping shipowners get to net zero?From an engine point of view there is a pathway, but there are two points to consider, says Lars Tingbjerg Danielsen, Two-Stroke Promotion Manager – Newbuildings at Everllence.
https://www.marinelink.com/news/a-viable-lng-ammonia-fuel-pathway-532730
https://www.marinelink.com/news/a-viable-lng-ammonia-fuel-pathway-532730Petros Pappas’ privately held Oceanbulk Maritime has resurfaced on the bulker newbuilding scene, securing a trio of kamsarmaxes at China’s Hengli Heavy Industries. The Chinese yard recently announced a series of 82,000 dwt vessels, Oceanbulk linked to three units for delivery between the second and fourth quarters of 2027. No pricing has been revealed. The …
https://splash247.com/pappas-oceanbulk-secures-trio-of-kamsarmaxes-at-hengli/
https://splash247.com/pappas-oceanbulk-secures-trio-of-kamsarmaxes-at-hengli/SLB OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, has won a contract from energy major BP for a subsea boosting system in the Tiber deepwater development off the US. This engineering, procurement and construction (EPC) contract for Tiber comes in close succession to the award of a sister subsea boosting system …
https://splash247.com/slb-onesubsea-bags-work-on-bps-gulf-of-mexico-project/
https://splash247.com/slb-onesubsea-bags-work-on-bps-gulf-of-mexico-project/US-based Genco Shipping & Trading has struck a deal to buy two modern, scrubber-fitted newcastlemax bulk carriers for a combined $145.5m, marking the company’s first move into the segment. The New York-listed owner, led by John Wobensmith, expects to take delivery of the 208,000 dwt vessels in the first quarter of 2026. The acquisition will …
https://splash247.com/genco-bulks-up-with-newcastlemax-brace/
https://splash247.com/genco-bulks-up-with-newcastlemax-brace/Danish authorities have announced tenders for three areas enabling the construction of at least 2.8GW of offshore wind power. The Danish Energy Agency said that the tenders were based on thorough market dialogues and include, among other things, state subsidies and greater flexibility for developers to increase the likelihood of qualified bids. The three areas, …
https://splash247.com/denmark-rolls-out-new-2-8gw-offshore-wind-tender-package/
https://splash247.com/denmark-rolls-out-new-2-8gw-offshore-wind-tender-package/Norwegian chemical tanker owner Odfjell has joined forces with Japanese shipping major Nissen Kaiun to launch a new Bergen-based joint venture for operating stainless-steel chemical tankers. The new company, Odfjell Hakata Maritime, will pool 10 modern chemical tankers contributed equally by the two partners. Nine of the ships are already trading under Odfjell Tankers on …
https://splash247.com/odfjell-and-nissen-kaiun-team-up-in-new-chemical-tanker-venture/
https://splash247.com/odfjell-and-nissen-kaiun-team-up-in-new-chemical-tanker-venture/