1. V.Group celebrates 40th anniversary. Milestone comes as company positions itself to lead shipping through an unprecedented era of transformation
2. IMO Secretary-General visits Red Sea countries. International Maritime Organization (IMO) Secretary-General Arsenio Dominguez has completed a series of visits to countries in the Red Sea area, to discuss the current situation and express support for freedom of navigation as well as concern for innocent seafarers, particularly those who remain captive with the MV Galaxy Leader.
https://cyprusshippingnews.com/2024/11/05/imo-secretary-general-visits-red-sea-countries/
4. Stena Line marks significant milestones in build of NewMax ships, Stena Futura and Stena Connecta. Stena Line has reached another milestone in the build of its NewMax ships – launching Stena Futura into the water and laying the keel of the second ship, to be named Stena Connecta.
5. CHIMBUSCO secures its First LNG refueling service in Europe. A few days ago, China Marine Bunker , which recently ranked third in the “Top Ten Global Bunkering Enterprises” for 2023 with a bunkering scale of 22.2 million tons at the 7th International Petroleum and Gas Enterprises Conference , made its appearance at the port of Zeebrugge, Belgium. The company supplied LNG fuel to the LNG dual-fuel car carrier “Peony Leader” docked at the terminal. This marked the first time that CHIMBUSCO completed an LNG bunkering operation in Europe, signaling the official expansion of its green energy services to overseas markets.
https://cyprusshippingnews.com/2024/11/05/chimbusco-secures-its-first-lng-refueling-service-in-europe/
7. Cadeler seals UK offshore wind deal. Copenhagen-headquartered offshore wind vessels player Cadeler has inked a firm deal with ScottishPower Renewables to transport and install wind turbine generators and foundations for the East Anglia Two project off the coast of the UK.The BW Group and Scorpio-backed owner and operator said the contract is worth between €360m ($392m) and €382m ($416m), with work set to start in 2027, utilising one of the company’s newbuild A-class units together with an O-class vessel from Cadeler’s existing fleet.
https://splash247.com/cadeler-seals-uk-offshore-wind-deal/
8. What is really driving the dry bulk shipping market? Dry bulk market players are used to volatility; they naturally prefer it to calm seas because of the opportunities it creates. As Splash recently reported, higher, more persistent volatility has become a fact of life. Risk is the flipside of this coin, but again, owners and operators view risk management as a daily process.
https://splash247.com/what-is-really-driving-the-dry-bulk-shipping-market/
10. Guyana and Suriname Emerge as Promising LNG Suppliers, Wood Mackenzie Says. Guyana and Suriname are poised to become significant players in the liquefied natural gas (LNG) industry, according to a recent report by Wood Mackenzie.