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1 week ago | 
energynewsbeat.co | Stu Turley
Chinese dry bulk heavyweight Agricore has divested one of its older assets, offloading the 14-year-old kamsarmax bulker ASL Venus in a move that underscores its ongoing strategy to modernize and upscale its fleet. According to multiple shipbroking sources, the 82,000 dwt vessel, built in 2011 at Tsuneishi Zhoushan, was sold for approximately $14.5m. This marks Agricore’s first reported sale of 2025. The ASL Venus, formerly known as Rosco Palm, was acquired by Agricore in April 2022 for around $26m.
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1 week ago | 
energynewsbeat.co | Stu Turley
K Line Energy Shipping (KLES), a London-based subsidiary of Kawasaki Kisen Kaisha (K Line), and Yinson Production have entered into an agreement to jointly develop and market solutions for the transportation and injection of liquefied CO2. Under the memorandum of understanding (MoU), KLES and Yinson Production will jointly develop and market a floating storage and injection unit (FSIU) and a liquefied CO2 carrier.
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1 week ago | 
energynewsbeat.co | Stu Turley
Captain Kuba Szymanski, secretary-general of InterManager, writes for Splash today. I think we have all seen the nature of news these days has changed a great deal in the past 20 years, with the dawn of the internet and the information revolution. Instead of the daily newspaper and news programming on a small number of channels three times a day, the news media has unlimited online space to fill – and it must fill that space 24 hours a day.
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1 week ago | 
energynewsbeat.co | Stu Turley
US supermajor ExxonMobil has hired EnerMech for flowline decommissioning of the Hoover-Diana fields in the Gulf of Mexico. Under the contract, won following a competitive tender, EnerMech will decommission subsea flowlines, and the scope will include flushing, pigging, and filling the lines to remove hydrocarbons and prepare for safe decommissioning.
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1 week ago | 
energynewsbeat.co | Stu Turley
Greek bulker owner Diana Shipping has struck a deal to sell its 15-year-old panamax to an undisclosed buyer. The New York-listed company is offloading the 75,700 dwt Selina after more than nine years for $11.8m, before commissions. The Jiangnan Shanghai Changxing-built vessel, estimated at $12.35m by online pricing platform VesselsValue, was acquired by Diana for $10.9m. The ship is currently on charter with Reachy Shipping, earning $6,500 per day until July 9.
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1 week ago | 
energynewsbeat.co | Stu Turley
A recent survey carried by Splash and Inmarsat, published in Ship Concept 2035, reveals a maritime industry poised for profound change by the next decade, driven by accelerating technological advancements. While optimism abounds for enhanced safety and efficiency, significant challenges remain concerning workforce adaptation, energy transition, and the ability of global legislation to keep pace.
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1 week ago | 
energynewsbeat.co | Stu Turley
Finnish authorities have formally accused senior officers aboard the Eagle S, an oil tanker linked to Russia’s shadow fleet, of criminal misconduct following significant damage to vital undersea infrastructure between Finland and Estonia late last year. The incident, which took place on December 25, 2024, involved the severing of the Estlink-2 power cable and communication lines—key arteries supporting energy and data flows in the Baltic region.
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1 week ago | 
energynewsbeat.co | Stu Turley
On Sunday afternoon, a new quay crane at Singapore’s Tuas port tipped over while it was being delivered to a non-operational berth. There were no injuries or fatalities. No damage has been assessed to adjacent port equipment and facilities. All of PSA Singapore’s current operational berths remain fully accessible, and all port operations and port development works remain unaffected. In a video of the incident shared on Facebook group Safety Watch, the fallen crane kicks up a billowing dust cloud.
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1 week ago | 
energynewsbeat.co | Stu Turley
The International Chamber of Shipping (ICS), the global lobby group for shipowners, has announced the appointment of John Denholm as its chairman-designate, set to succeed Emanuele Grimaldi. Denholm, a long-standing board member representing the UK and current vice chair of ICS, is also chairman of J&J Denholm, a diversified, family-owned group with operations across shipping, logistics, seafoods, and industrial services. He will take over in June 2026.
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1 week ago | 
energynewsbeat.co | Stu Turley
The conflict between Israel and Iran stretched into a fourth consecutive day on Monday, rattling global energy markets and placing the maritime industry on edge. While Israeli airstrikes have so far avoided directly targeting Iran’s crude oil infrastructure, a reported explosion at a natural gas plant near the massive South Pars field over the weekend has escalated concerns of broader regional destabilisation, while Iran has claimed it has successfully hit the Israeli port city of Haifa.
