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From splash247.com
Greek bulker owner Diana Shipping has tapped Danish Ship Finance for a $100m loan maturing in April 2028. The New York-listed firm has used the proceeds to refinance two existing loans with BNP Paribas of about $75.2m and another loan facility with DNB Bank of approximately $11.8m. Diana said the leftover cash may be used …
A barge Marco Polo 802 loaded with containers grounded off Tanjong Beach on the resort island of Sentosa in Singapore on Friday morning.
From redskyalliance.org
Red Sky Alliance monthly queries our backend databases, identifying all new data containing Motor Vessel (MV) and Motor Tanker (MT) in the subject line of malicious emails.
June 5 marked a historic day for the Suez Canal as it is 50 years since it reopened after the Arab-Israeli War of June 1967 closed the canal for eight years.
After abandoning the car carrier Morning Midas in the mid-Pacific, efforts are continuing to monitor the position of the vessel while salvage experts rush to the scene.
Everllence will remain a part of the Volkswagen Group, and there will be no change in its product and service portfolio.
From splash247.com
Efforts to bring the fire-stricken Morning Midas under control are facing a significant delay, with salvage teams not expected to reach the drifting vessel until Monday, nearly a full week after the crew abandoned ship.
The U.S. government released the official data for trade numbers, imports, and exports, for April confirming what port officials said that volumes were plunging due to the tariffs but it also created a record decline in the U.S. trade deficit.
MOL Cruises, the leisure operation for Japan’s Mitsui O.S.K. Lines, plans to retire its pioneering cruise ship Nippon Maru in May 2026.
The Provence Grand Large, located off the Gulf of Fos (Bouches-du-Rhône) in the French Mediterranean has been fully commissioned.
From splash247.com
Sagitta Marine managing director Thomas Zaidman argues why smaller shipowners are a necessary force – not a risk – in the market.
From splash247.com
German shipowner Carsten Rehder Schiffsmakler und Reederei is further strengthening its ties with India’s Garden Reach Shipbuilders and Engineers (GRSE), signing a new memorandum of intent for four additional multipurpose (MPP) dry cargo vessels.
From splash247.com
Marine construction specialist Allseas has launched a five-year plan to design, develop, and deploy a small modular reactor tailored for both offshore vessels and onshore use.
From splash247.com
The Indonesian arm of Italian energy major Eni has exercised a well option for one of Ventura Offshore’s rigs.
From splash247.com
Dutch-based firm Van Wijngaarden Marine Services has signed a letter of intent with the Kooiman Marine Group for the design and construction of a next-gen DP2 multi-purpose vessel (MPV).
From splash247.com
The world’s largest shipping association, BIMCO, has begun drafting a standard clause to address legal and contractual uncertainties stemming from recent US trade policy developments.
Procurement and trading company to connect Chinese producers with end users as well as procure volumes for Wah Kwong.
The authorities in Thailand are working to address the grounding and sinking of a rickety wooden cargo ship from Myanmar that has hit one of the country’s premier coral reefs.
BIMCO has launched a new subcommittee to develop a Biofuel Clause for Time Charter Parties, marking a proactive step toward addressing the legal and operational challenges posed by the growing use of biofuels in shipping.
Asia high sulphur fuel oil (HSFO) cracks traded higher on Thursday, rebounding back into premiums over both Brent and Dubai quotes respectively after closing near parity in the previous day.
Global energy investment is set to increase in 2025 to a record $3.3 trillion despite headwinds from elevated geopolitical tensions and economic uncertainty, a new IEA report says, with clean energy technologies attracting twice as much capital as fossil fuels.
The Department of Homeland Security is reporting that it canceled the order for the eleventh Legend-class national security cutter which was to be named USCG Friedman.
Questions could rise from the impact on the tanker market, in case the approximately 10% of the global fleet, currently sidelined due to sanctions, returned to the market.
From www.world-grain.com
Industry groups say report provides basis for further nutrition policy conversations
From www.world-grain.com
ABARES forecasts 55.6 million tonnes for 2025-26, sixth highest on record
