News 2025 December 29

Vestas lands 390 MW offshore wind contract in South Korea

Prysmian and Fincantieri move to acquire Xtera to expand submarine telecom capabilities

IAA PortNews: RVs Akademik Lazarev and Akademik Nemchinov completed operations on the Sakhalin shelf

Valenciaport advances net zero emissions plan with €900 million energy strategy

IAA PortNews: FESCO’s diesel-electric vessel Vasily Golovnin sets off from Cape Town, South Africa on its 8th expedition to Antarctica

Seacon Shipping Group agrees to buy six bulk carriers for $198.6 million

Jinjiang Shipping Board approves 4+4 container vessels project

Djibouti Ports & Free Zones Authority hosts signing of three commercial agreements with Egyptian partners

India issues rules for SBFA S and SbDS as shipbuilding incentives reach $4.96bn

WinGD Ltd. promotes Variable Compression Ratio as near-term retrofit for LNG fleets

European Commission updates EU ETS administering authority list for shipping companies

IAA PortNews: First launch of ERS satellites under GTLK’s ‘space leasing’

Deep Value Driller AS extends bareboat charter and drillship purchase option with Saipem

Woodside signs long-term LNG supply deal with BOTAŞ starting 2030

South Korea crosses $700bn annual export mark ahead of final data

Morspassluzhba expands its ice-strengthened fleet with new MPSV06 salvage ship Kerchenskiy Proliv 

PetroVietnam Gas to invest $3.8 billion in energy industrial infrastructure from 2026 to 2030

Yangtze mainline ports handle over 4.2bln tonnes cargo in 2025