04
Wed, Feb

Seatrium and Maersk Settle $475M WTIV Dispute

Singapore-based Seatrium has resolved its dispute with an affiliate of Maersk Offshore Wind, over the delivery of a wind turbine installation vessel (WTIV), originally intended for Equinor’s Empire Wind 1 project in
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MOL, NYK Agree Ammonia Carrier Charters with JERA

Japanese power generator JERA has signed separate heads of agreements with Mitsui O.S.K. Lines (MOL) and NYK Group for the charter of ammonia carriers, as it moves toward establishing Japan’s first large-scale
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Wärtsilä to Sell Gas Solutions Business to Germany’s Mutares

Finnish engineering group Wärtsilä has agreed to divest its Gas Solutions business to German private equity investor Mutares SE & Co. KGaA, continuing its efforts to streamline operations and unlock value from
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Sanctioned Naphtha Tanker Enters Venezuelan Waters While Others Reroute

A sanctioned tanker carrying some 300,000 barrels of naphtha from Russia entered Venezuelan waters late on Thursday, while three others also under sanctions either stopped navigation or began redirecting course in the Atlantic
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Maersk Tests Red Sea Route as Gaza Ceasefire Offers Hope

Danish shipping company Maersk said on Friday that one of its vessels had successfully navigated the Red Sea and Bab el-Mandeb Strait for the first time in nearly two years, as shipping companies weigh returning to
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Wrist Acquires Delaware Ship Supply

Wrist Group, a leader in marine supply, logistics and budget management services for the maritime industry and a portfolio company of an investment affiliate of J.F. Lehman & Company, LLC (“JFLCO”), has
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Bureau Veritas Classes its First Methanol Fual-Fuel Container Ship

Bureau Veritas Marine & Offshore (BV) has classed its first methanol-fueled containership, CMA CGM ANTIGONE. The 15,000 TEU methanol dual-fuel vessel was built by CSSC Jiangnan Shipyard for the CMA CGM Group,
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HII to Build Small Surface Combatants for US Navy

HII’s Ingalls Shipbuilding division has been selected by the U.S. Navy to design and build the future small surface combatant (SSC) ship, leveraging the proven design of the Ingalls-built Legend-class national security
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