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Lloyd’s Register (LR) has launched Fire (C, Risk), a new risk-based notation developed to enhance the assessment of fire safety arrangements on board container ships. The notation is accompanied by guidance to support shipowners, designers, and operators in selecting appropriate…
https://www.marinelink.com/news/lloyds-register-launches-riskbased-fire-529672
https://www.marinelink.com/news/lloyds-register-launches-riskbased-fire-529672Offshore wind developer Orsted won shareholder approval on Friday for a $9.4 billion emergency rights issue to help fund U.S. projects thrown into uncertainty by President Donald Trump's opposition to the renewable energy source.The stakes are high for the Danish state-controlled firm…
https://www.marinelink.com/news/orsted-wins-approval-emergency-rights-529673
https://www.marinelink.com/news/orsted-wins-approval-emergency-rights-529673The European Commission has provided a grant of €645m ($755.1m) for the Bornholm renewable energy cluster in the Baltic Sea. The hybrid offshore project, led by Denmark’s Energinet and Germany’s 50Hertz, will link a 3GW offshore wind farm in the Baltic Sea to both the Danish and German power grids, providing up to 2GW of …
https://splash247.com/eu-grants-755m-for-bornholm-offshore-energy-hub/
https://splash247.com/eu-grants-755m-for-bornholm-offshore-energy-hub/Danish company Ørsted and its joint venture partner Skyborn Renewables have filed a lawsuit in the DC District Court to reverse a stop-work order for the Revolution Wind project. The project was 80% complete when the stop-work order was issued. Rhode Island and Connecticut, the two states that were supposed to benefit from the project, …
https://splash247.com/orsted-sues-us-over-offshore-wind-project-stop-work-order/
https://splash247.com/orsted-sues-us-over-offshore-wind-project-stop-work-order/The Global Maritime Procurement Council (GMPC) has been formed as an independent group that will see procurement heads of departments from shipping and shipmanagement companies collaborate on a range of new initiatives. The initial membership council is comprised of of 10 global shipowners and managers that includes BW LPG, d’Amico Shipping, Fleet Management, Scorpio Ship …
https://splash247.com/procurement-leaders-in-shipping-form-global-council/
https://splash247.com/procurement-leaders-in-shipping-form-global-council/Hong Kong-registered OVP Shipping has signed up for four 4,350 teu containerships at Taizhou Jianxing Heavy Industry as it looks to boost capacity on key Belt and Road trade lanes. The company’s debut order, with an undisclosed value, will see the first ship deliver in the second quarter of 2027. The remaining three units are …
https://splash247.com/ovp-shipping-pens-debut-boxship-order/
https://splash247.com/ovp-shipping-pens-debut-boxship-order/German shipowner Ernst Russ has joined forces with Icelandic carrier Eimskip to add new tonnage to their joint venture ElbFeeder. The joint venture, majority owned by Frankfurt-listed Ernst Russ, has contracted China Merchants Jin Ling Shipyard (Nanjing) for two 2,280 teu containerships, with options for two more. Deliveries are scheduled for the second half of …
https://splash247.com/ernst-russ-and-eimskip-team-up-for-boxship-newbuilds-in-china/
https://splash247.com/ernst-russ-and-eimskip-team-up-for-boxship-newbuilds-in-china/The prime ministers of India and Singapore gave speeches yesterday ahead of the inauguration of what will become India’s largest container terminal. With the inauguration of its phase two expansion, PSA Mumbai is poised to become India’s largest container terminal, doubling its annual handling capacity to 4.8m teu. Designed to accommodate multiple mega container vessels …
https://splash247.com/psa-mumbai-poised-to-become-indias-largest-container-terminal/
https://splash247.com/psa-mumbai-poised-to-become-indias-largest-container-terminal/Unquestionably, the big news this week came from Singapore, where BW-controlled Hafnia made a move for rival product tanker giant Torm. Hafnia is acquiring a 14.45% holding in its Danish rival from Oaktree Capital Management in a deal worth about $311.4m leading many analysts to speculate whether this is a first step to a takeover …
https://splash247.com/splash-wrap-from-tankers-to-tech/
https://splash247.com/splash-wrap-from-tankers-to-tech/Speculation is mounting in Seoul that steel giant POSCO could emerge as the frontrunner to acquire a controlling stake in liner major HMM. Local media report that advisors from Samil PwC and Boston Consulting Group are understood to be working with POSCO on feasibility studies for a deal that could be worth in the region …
https://splash247.com/posco-circles-hmm-as-speculation-mounts-on-state-backed-exit/
https://splash247.com/posco-circles-hmm-as-speculation-mounts-on-state-backed-exit/