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Container barge grounds off Singapore beach resort

From www.seatrade-maritime.com

A barge Marco Polo 802 loaded with containers grounded off Tanjong Beach on the resort island of Sentosa in Singapore on Friday morning.

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Baltic Index Hits Highest Level Since Late March 

From www.hellenicshippingnews.com

Baltic Index Hits Highest Level Since Late March.

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Vessel Impersonation and Supply Chain Report / May 2025 - X-Industry

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. 

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Red Sea and Suez Canal Traffic Increases But Carriers Still Avoid Transits

From maritime-executive.com

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.

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Monitoring Continues of Burning Car Carrier Drifting in the Pacific

From maritime-executive.com

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.

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MAN Energy Solutions Officially Changes Name To 'Everllence'

From www.marineinsight.com

Everllence will remain a part of the Volkswagen Group, and there will be no change in its product and service portfolio.

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Salvors unable to reach fire-stricken Morning Midas until Monday

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. 

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U.S. Imports Plunged in April as Trump Infers Deal is Reached with China

From maritime-executive.com

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.

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MOL Announces Plans to Retire Pioneering Japanese Cruise Ship

From maritime-executive.com

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. 

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France Commissions the First Floating Wind Farm in the Mediterranean

From maritime-executive.com

The Provence Grand Large, located off the Gulf of Fos (Bouches-du-Rhône) in the French Mediterranean has been fully commissioned. 

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Resilience, accountability, agility: the case for small independent dry bulk operators

From splash247.com

Sagitta Marine managing director Thomas Zaidman argues why smaller shipowners are a necessary force – not a risk – in the market. 

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Carsten Rehder lines up more newbuilds in India

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. 

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Allseas turns to nuclear power for offshore fleet

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.

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Eni gives more work to Ventura Offshore's semisub

From splash247.com

The Indonesian arm of Italian energy major Eni has exercised a well option for one of Ventura Offshore’s rigs. 

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Dutch firm orders MPV for subsea and renewables work

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). 

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BIMCO drafting standard clause to address US tariff measures

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. 

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Wah Kwong launches clean fuel subsidiary Venture Energy

From www.seatrade-maritime.com

Procurement and trading company to connect Chinese producers with end users as well as procure volumes for Wah Kwong.

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Thailand Works to Advert Disaster as Rickety Cargo Ship Sinks on Coral Reef

From maritime-executive.com

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.

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BIMCO drafts new clause to support biofuel use in time charters

From www.hellenicshippingnews.com

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.

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HSFO cracks rebound, volatile trade continues 

From www.hellenicshippingnews.com

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. 

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Global energy investment set to rise to $3.3 trillion in 2025 amid economic uncertainty and energy security concerns

From www.hellenicshippingnews.com

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.

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Trump’s Homeland Security Dept. Cancels Order for Incomplete USCG Cutter

From maritime-executive.com

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.

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Tankers, Sanctions and the Outdated Sidelined Tonnage 

From www.hellenicshippingnews.com

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.

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US MAHA Commission takes aim at grain-based foods 

From www.world-grain.com

Industry groups say report provides basis for further nutrition policy conversations
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Australian winter crops poised for strong year

From www.world-grain.com

ABARES forecasts 55.6 million tonnes for 2025-26, sixth highest on record
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