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From gcaptain.com
President Donald Trump announced the creation of a new White House office of shipbuilding and tax incentives for domestic shipbuilders during his joint address to Congress.
A new partnership between Spot Ship and Vanguard Tech will the UK-headquartered software platform starting to offer war hull insurance to its users.
Speaking at Urja Varta 2025, a flagship upstream oil and gas conclave of the Directorate General of Hydrocarbons (DGH), Puri said the country feels “no pressure” and has enough supply options to ensure uninterrupted fuel availability even in turbulent times.
From www.cointrust.com
In a bold move to address plastic pollution and climate change simultaneously, RecycleGO and Ocean Integrity have formed a strategic partnership to launch a blockchain-based platform that transforms verified plastic recovery into certified carbon credits.
China is threatening to block the sale of more than 40 ports, owned by Hong Kong-based CK Hutchison 1, to BlackRock BLK and Mediterranean Shipping Company (MSC) if Chinese shipping company Cosco does not get a stake, the Wall Street Journal reported on Thursday, citing unnamed sources.
The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, climbed to its highest level in more than nine months on Thursday, driven by a sharp rise in capesize vessel rates.
The country has some of the lowest fuel prices in the world due to government subsidies and the fall in the value of the Iranian currency.
In a five-part series mid-year we take stock of shipping markets in the first six months of the year and look ahead to the remainder of the 2025 with experts Maritime Strategies International (MSI).
For the financial year ending in March 2026, K-Line expects to face an impact of around 30 billion yen, which equals about $200 million.
Russian port operator FSUE Rosmorport has launched a tender seeking inspectors for vessels arriving at its Baltic seaports.
The burned-out boxship Wan Hai 503 remains under tow and awaiting a confirmed port of refuge, according to Indian shipping authorities.
The FPSO has a production capacity of 180,000 barrels of oil per day and can process 7.2 million cubic metres (mcbm) of gas per day.
From splash247.com
Japanese shipping giant Nippon Yusen Kaisha is spending EUR1.25bn ($1.45bn) to acquire the healthcare logistics business of the Walden Group through the acquisition of the entire share capital of Movianto International.
From splash247.com
Oslo-listed MPC Container Ships has placed a $228m order for four 4,500 teu container vessels at China’s Taizhou Sanfu Ship Engineering with secured three-year charters, as well as divesting some older tonnage while expanding its financing platform with new debt facilities totalling over $100m.
From splash247.com
Offshore engineering and services provider Subsea 7 has secured a contract for work on Equinor’s Fram Sør development project, located offshore Norway.
From splash247.com
New York-listed handysize gas carrier owner and operator Navigator Holding has formed a joint venture with Norway’s Amon Maritime for two newbuild ammonia-fuelled liquefied ammonia carriers.
From splash247.com
Taiwanese shipping line Yang Ming Marine Transport has lined up a series of containership newbuilds at South Korean shipbuilder Hanwha Ocean, continuing its fleet renewal programme with a focus on dual-fuel technology.
From splash247.com
CSSC Shipping has moved to bolster its dry bulk portfolio with a pair of newcastlemax newbuilds.
From splash247.com
VLGC owner and operator BW LPG has wrapped up two financing facilities totalling $595m, aimed at supporting its fleet expansion, refinancing existing debt, and boosting liquidity.
When the Jones Act shipbuilder General Dynamics NASSCO ordered a new floating drydock from a shipbuilder in Turkey, it needed a way to move it across an ocean and around a continent.
Vinici, which provides energy solutions, reports it has reached an agreement with Wartsila to acquire its Marine Electric Systems business unit, which will be used to enhance the company’s position in the defense market and other industrial sectors.
The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) rose 1.81% to 785.5 yuan ($109.39) a metric ton.
India’s voracious appetite for oil and natural gas amid rapid economic growth in the world’s most populous nation presents opportunities for U.S. energy producers to increase their market share in the country.
From www.world-grain.com
Claims it applies substantially higher tariff on US ethanol
From www.world-grain.com
Corn production seen increasing 4% over 2024-25
