CSSC-affiliated Guangzhou Shipyard International (GSI) has entered into a shipbuilding contract with China Shipbuilding Trading and CMB Financial Leasing for two 16,000 teu containerships linked to Mediterranean Shipping Co (MSC). The scrubber-fitted LNG-ready pair follows the first batch of six 16,
London-listed Taylor Maritime Investments has raised $75m through the issue of more than 65m new ordinary shares issued at $1.15 per share to acquire up to six handysize bulk carriers. The placing was oversubscribed and a scaling back exercise has been undertaken. The Guernsey-incorporated firm expe
Croatian shipping firm Alpha Adriatic, former Uljanik Plovidba, has partnered with Dutch consultancy and investment company DC Maritime Partners, looking to strengthen its portfolio in the tanker and bulker sector. The Pula-based company has signed a deal through its subsidiary United Shipping Servi
TotalEnergies, through Lampiris, its energy supply affiliate in Belgium, signed a power purchase agreement with industrial gas supplier Air Liquide for a total capacity of 15 MW of offshore wind electricity. TotalEnergies will supply 50 GWh per year of renewable electricity over a period of 15 years
North Star Renewables has created a new senior leadership role to oversee the company’s service offshore vessel (SOV) fleet within the offshore wind industry. Steve Myers has been appointed as SOV operations director, overseeing all operational aspects of the company’s growing fleet of SOVs and asso
Sharply contrasting fortunes from two Korean conglomerates last week have sparked conjecture on whether newbuild prices will head further north. Hyundai Heavy Industries, the nation’s largest shipbuilder, reported a Q2 loss last week, citing soaring steel plate losses for its red ink performance, wh
You need a degree in physics to understand the subject of nuclear-powered ships. The technical issues that come with nuclear power at sea are not easy for an amateur, such as a generalist manager, to understand, and unless you can chat about why Hyman Rickover didn’t want liquid salt cooled reactors
The government in India as well as international shipmanagers contacted by Splash have sought to play down claims by a Mumbai-based trade union that Beijing has put an unofficial ban on Indian seafarers entering Chinese ports. The All India Seafarer & General Workers Union has sent a letter to the m
Transnet is working to bring its operations back to normal following a cyber attack on Thursday. The South African logistics group said it has found the source but it is yet to identify it and the nature of the attack. “Transnet has identified and isolated the source of the disruption on its IT syst
Dubai-based terminal operator DP World has anounced it will work with Russian state nuclear energy firm Rosatom to develop pilot container shipping routes between Northwest Europe and East Asia through the Arctic. Rosatom is a designated sole infrastructure operator of the Northern Sea Route which i
