BW Group-backed offshore wind construction player Cadeler has signed a contract with Siemens Gamesa for the transportation and installation of turbines at the Aflandshage offshore wind farm in Denmark. The contract covers 26 turbines of 11 MW capacity and comes at a day rate above €375,000...
Brazil’s Oceanica has picked up an accommodation vessel CF Aurora from Chevalier Floatels. The 2009-built vessel adds to the previously acquired sister vessel CF Fortune. The Dutch-based Chevalier purchased both laid-up PSVs from Havila Shipping last year for conversion into walk-to-work units....
https://splash247.com/oceanica-adds-another-chevalier-vessel/
Dutch tank storage specialist Vopak has abandoned plans to invest in a floating storage and regasification unit (FSRU) in Hong Kong. Under a deal from December 2021, Vopak had the option to take a stake in the vessel-owning company of the 2017-built MOL FSRU Challenger, to be renamed Bauhinia...
https://splash247.com/vopak-pulls-out-of-hong-kong-fsru-investment-deal/
Kjell Inge Røkke is selling his Ghana-focused offshore oil company Aker Energy to the pan-African multilateral development finance institution Africa Finance Corporation (AFC). The deal will see AFC take over the stakes of Røkke-controlled Aker (50.79%) and his family’s investment vehicle TRG...
https://splash247.com/africa-finance-corporation-takes-over-rokkes-offshore-play-in-ghana/
Chevron is teaming up with Greece’s Angelicoussis Group to explore how tankers can be used to transport ammonia. Ammonia in its liquid form can be used as an intermediate carrier for hydrogen. The partnership will aim to advance ammonia’s technical and commercial feasibility at scale, particularly...
https://splash247.com/chevron-and-angelicoussis-group-explore-ammonia-shipping/
Natural Gas Market Not Ruling Out U.S. Cargo Cancellations This Summer as LNG Floods Europe, writes Jamison Cocklin for Natural Gas Intel.
European natural gas storage inventoriesEuropean natural gas storage inventories are so full heading into injection season and Asian demand remains weak enough that there is a remote possibility of U.S. LNG cargo cancellations later this summer.
Even a limited number of cargo cancellations would mark an extraordinary turnaround from...
https://mfame.guru/lng-floods-europe-u-s-cargo-cancellations-possible/
Norwegian chemical tankers owner Odfjell has tapped Danish environmental engineering firm ReFlow to carry out a lifecycle assessment (LCA) of its vessels, as part of its commitment to sustainability and decarbonisation. Described as the first commercial tanker LCA, the move is expected to provide...
https://splash247.com/odfjell-places-its-tankers-under-the-microscope/
The German government is re-evaluating its decision to allow Chinese state-owned COSCO entry into one of the container terminals at its largest port in Hamburg. Hong Kong-listed terminal operator COSCO Shipping Ports was given the green light to acquire a 24.9% stake in Hamburger Hafen und Logistik...
https://splash247.com/berlin-reexamines-coscos-hamburg-port-plans/
France’s CMA CGM has strengthened its commitment to the startup incubator Zeabox, initiated by its chairman Rodolphe Saade and partners in 2018. The Marseille-based shipping giant has announced the launch of Zebox Ventures, a seed fund that aims to invest in around 50 startups every year. The seed...
https://splash247.com/cma-cgm-steps-up-startup-scene-commitment/
Norway’s Belships has snapped up another ultramax bulk carrier under construction in Japan lifting its fleet to 35 ships. The 64,000 dwt newbuild should deliver in the fourth quarter of 2025 or the first quarter of 2026. The vessel is financed on a similar structure as the ultramax trio acquired in...
https://splash247.com/belships-swoops-for-another-japanese-ultramax-resale/