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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.
TotalEnergies has entered a partnership with Lloyd's Register OneOcean to deploy the latter's advanced route optimization technology across its shipping operations.
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.
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.
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.
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.
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.
Boardings of vessels by sea robbers of ships in one of the world’s busiest shipping lanes have continued unabated in recent days.
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.
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.
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.
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.
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.
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.
\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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
