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Chat about Geopolitics & Trade with Stinne Taiger Ivø from BIMCO

From www.seatrade-maritime.com

The latest chat about geopolitics and trade episode of the Seatrade Maritime Podcast features Stinne Taiger Ivø Deputy Secretary General & Director of Contracts of BIMCO.

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TotalEnergies adopts LR OneOcean's technology to reduce vessel emissions

From www.offshore-energy.biz

TotalEnergies has entered a partnership with Lloyd's Register OneOcean to deploy the latter's advanced route optimization technology across its shipping operations.

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Management buy-out of marine navigation lighting company Pharos

From thedigitalship.com

Pharos Marine Automatic Power – a historic UK company that is a leading global provider of marine aids to navigation - has undergone a recapitalisation backed by £7.5m debt funding from Frontier Development Capital (FDC), part of Mercia Asset Management PLC.

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Houthi Rebels Claim Responsibility for Loss of Second U.S. Fighter Jet

From maritime-executive.com

Yemen's Houthi rebels may have agreed to a ceasefire with the United States, but it appears to be off to a less-than-friendly start. 

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Indian Navy Mobilizes as Conflict With Pakistan Escalates

From maritime-executive.com

Reports in Indian media suggest that on May 8, the Indian Navy may have launched an attack on Karachi's naval port as part of a broader retaliatory strike operation. 

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Baltic Index Falls To Two-Week Low As Capesize Segment Declines 

From www.hellenicshippingnews.com

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell to a more than two-week low on Thursday, as weak rates in the capesize segment weighed.

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World’s first biomethanol-fuelled CTV takes to the seas

From www.seatrade-maritime.com

The vessel Transporter is a converted A-Class CTV and was designed and developed by Northern Offshore Services, which is part of NYK company Northern Offshore Group.
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Washington unveils another package of sanctions aimed at Iran’s oil shipments

From splash247.com

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated the teapot refinery Hebei Xinhai Chemical Group and three port terminal operators in Shandong Province for their role in purchasing or facilitating the delivery of hundreds of millions of dollars’ worth of Iranian oil.  

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50 robberies on ships in Singapore and Malacca Straits this year

From www.seatrade-maritime.com

Boardings of vessels by sea robbers of ships in one of the world’s busiest shipping lanes have continued unabated in recent days.

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Chinese Warships Cut Off Philippine Navy Vessel Near Scarborough Shoal

From maritime-executive.com

China's gray-hull naval fleet has joined in the pattern of close-quarters encounters between Chinese and Philippine forces in the South China Sea.

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Swire takes a stand against the shipping of donkey skins

From splash247.com

The Donkey Sanctuary, a British charity, has hailed Swire Shipping as the first global shipping line to commit publicly to a no donkey skins carriage policy.

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Master of Chinese boxship accused of severing Baltic gas pipeline appears in HK court

From splash247.com

The master of the Newnew Polar Bear, a Hong Kong-flagged boxship, has been taken into custody in Hong Kong for damaging a gas pipeline in the Baltic Sea 19 months ago. 

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Return of container ships to Red Sea could cause global collapse in freight rates, according to Xeneta data 

From www.hellenicshippingnews.com

The prospect of a largescale return of container ships to the Red Sea following the announcement of a ceasefire between the US and Houthi militia in Yemen would flood the market with shipping capacity and cause a global collapse in freight rates – but the situation remains far from certain.

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CalMac directly awarded contract to run west coast ferry services

From www.bbc.co.uk

sScottish ministers say in future it will be run with a focus on public service rather than a having a commercial ethos.

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Backers of new US Virgin Islands registry present plans to Trump

From splash247.com

The backers of a new open registry have dusted off plans first aired three years ago, and presented the concept of a US Virgin Islands (USVI) flag to Donald Trump, amid the current government’s determination to bolster American maritime. 

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Maersk warns global container volumes could drop due to trade war 

From www.hellenicshippingnews.com

\Shipping group Maersk said on Thursday container volumes plunged 30-40% between the U.S. in China in April as a trade war erupted between the world’s top economies, and warned a protracted dispute could shrink global volumes this year.

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Seafarers stranded off Yemen port eye exit after US-Houthi ceasefire deal 

From www.hellenicshippingnews.com

Some 200 seafarers aboard more than 15 ships stuck for weeks off Yemen’s port of Ras Isa are preparing to offload cargoes and leave thanks to a ceasefire deal between Houthi militia and the U.S., maritime and labour union sources said on Thursday.

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Petrobras plans to decommission 68 platforms and reuse three FPSOs

From splash247.com

Brazilian state-owned giant Petrobras has revealed it will decommission almost 70 offshore platforms and FPSOs, three of which it has already decided to repurpose. Petrobras said that it is planning on decommissioning 68 platforms, two this year and a total of ten by 2029. 

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Capital Clean Energy Carriers lands long-term fixtures for LNG newbuilds

From splash247.com

Evangelos Marinakis-backed Capital Clean Energy Carriers (CCEC) has secured long-term employment for two of its LNG carriers under construction in South Korea. 

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Torm sells off ageing LR2

From splash247.com

Danish product tanker owner and operator Torm has continued the disposal of older tonnage with the sale of one of its two oldest LR2 vessels. 

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Costamare ships out 15-year-old handy

From splash247.com

New York-listed Greek owner Costamare has continued the trend of offloading smaller bulkers with another handysize set to exit the fleet. 

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ARO Drilling agrees extensions for five jackups with Saudi Aramco

From splash247.com

ARO Drilling, a joint venture of New York-listed offshore driller Valaris, has signed extensions for five jackup rigs with Saudi giant Aramco. 

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Evalend books suezmax newbuilds

From splash247.com

Greek owner Evalend Shipping has been linked to a fresh newbuilding deal in South Korea, this time for a pair of suezmax tankers. 

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Shipbuilder HD Hyundai Launches Korea’s First Humanoid Robot Project

From gcaptain.com

South Korean shipbuilder HD Hyundai is leading Korea’s first welding humanoid initiative in partnership with two global AI and robotics leaders.

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Google and Shell Partner to Extend Life of Netherlands' First Offshore Wind Farm

From gcaptain.com

Tech giant Google has signed a power purchase agreement (PPA) with Shell to extend the operational life of the Netherlands’ first offshore wind farm. 

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