MOL has signed project finance for a newbuild FSRU to be operated by SLNG as Singapore’s Second LNG Terminal, backed by a syndicate including JBIC, MUFG, DBS, OCBC and SCB.
MV Glen Rosa delivery moves to Q4 2026 after stern tube corrosion and hull coating deterioration were identified during initial drydock, requiring further drydock work and rescheduling.
North Korea has released new images of an 8,700-ton-class nuclear-powered submarine as Kim Jong Un inspects the nearly complete hull, denounces South Korea’s rival programme and adds to regional security concerns.
ClassNK grants AiP for cable jointing and cable burial vessel designs developed by Mitsui O.S.K. Lines, confirming feasibility under relevant safety and regulatory rules.
Hanwha Engine signs an agreement to acquire Norway’s SEAM for approximately $195 million, adding electric propulsion and power automation to expand its marine propulsion portfolio.
Pacific Basin signed contracts for four 40,000 dwt Handysize newbuildings at $119.2 million, with delivery planned in H1 2028.
China penalised an unidentified foreign-flagged vessel after a Ningbo inspection found a micro rectangular antenna later identified as a LEO terminal, with photos appearing to show Starlink use in territorial waters.
The Suez Canal on Tuesday saw CMA CGM JACQUES SAADE transit for the first time in two years, alongside MAERSK SEBAROK, as major liner routings begin to return.
The US has seized VLCC Bella 1, a third tanker tied to Venezuela and the second in less than 24 hours, under a warrant linked to Iranian oil trade and an OFAC sanctions listing.
