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The head of the UN's International Seabed Authority has panned the Trump administration's unilateral licensing program for subsea mining outside of the boundaries of the U.S. exclusive economic zone, and warned that there could be problems in selling the products or securing rights to the resource.
Shipping in 2025: Trade politics, fees, and geopolitics dominated the agenda, while port consolidation and IMO net-zero ambitions collided with hard geopolitical realities
The amendments to the Polar Code were adopted through the IMO Resolution MSC.538(107) in June 2023 and will enter into force on 1 January 2026. Read the article to know more.
From splash247.com
The European Union has escalated its campaign against Russia’s shadow fleet, adding another 41 vessels to its sanctions list and taking the total number of designated ships to nearly 600, as Western powers intensify pressure on Moscow’s oil revenues.
From gcaptain.com
Venezuela on Thursday authorized two very large crude carriers (VLCC) to set sail for China, according to two sources familiar with Venezuela's oil export operations, which would be only the second and third supertankers to depart the country since the U.S. seized a ship carrying Venezuelan oil last week.
After the U.S. Coast Guard seized a sanctioned tanker carrying Venezuelan crude off Trinidad last week, the regime of Venezuelan dictator Nicolas Maduro called it "piracy" and accused the Trump administration of plotting to take Venezuela's oil resources.
A derelict freighter has partially sunk at anchor in Puerto Montt, Chile, creating a risk of possible diesel pollution in a pristine region.
From splash247.com
Ship supplier Wrist has bought Delaware Ship Supply in New Jersey for an undisclosed sum.
From splash247.com
Heinrich Schulte, the long-standing chairman of the Schulte Group, has passed away, aged 90.
From splash247.com
Shanghai International Port Group (SIPG) has appointed ex-Shanghai transport commission head Yu Fulin as its chairman. According to the company, Yu Fulin was elected by the SIPG’s board via a unanimous vote.
Two years after a cargo ship crossing the northern Pacific experienced two cargo hold fires, the National Transportation Safety Board issued a report finding that when the vessel encountered heavy weather, improperly secured cargo caused the fires in each hold of the ship.
Anemoi Marine Technologies is pleased to announce the appointment of Andrew Starforth as its new Programme Director, strengthening the company’s delivery capability as it continues to scale its wind-assisted propulsion solutions for the global maritime sector.
From splash247.com
Greek bulker owner DryDel Shipping has moved to deepen its exposure to larger tonnage, signing contracts for two more capesize bulk carriers at Japan’s Namura Shipbuilding.
From splash247.com
Nordic American Tankers has booked a healthy profit from the sale of two older suezmax tankers as the company presses on with its fleet renewal strategy.
From splash247.com
Japan’s Oshima Shipbuilding has debuted a ship design for a bulk carrier capable of running on multiple fuels. ClassNK has issued approval in principle (AiP) for a concept design of the vessel capable of running on ammonia, methanol or LNG and featuring a carbon capture system.
From splash247.com
California’s Clippership has contracted Dutch shipyard KM Yachtbuilders to build its first RINA-approved, 24 m long zero-emission, autonomous, wind-powered vessel.
From gcaptain.com
Five years after a catastrophic fire destroyed the USS Bonhomme Richard at a cost exceeding $3 billion, the U.S. Navy’s progress on fire safety during ship maintenance remains threatened by systemic weaknesses in contractor oversight, according to a new Government Accountability Office report.
From www.world-grain.com
Includes four high-capacity elevators, 50% interest in grain terminal
From www.world-grain.com
Want Phase One commitments met, less ambiguity in potential Phase Two
From www.world-grain.com
East Grain, Poultry Investment purchase 50-50 majority ownership
From www.world-grain.com
ADM will contribute cottonseed facility, and Planters Cotton Mill will contribute crush plant
Oil Prices: While a US blockade of Venezuelan tankers was announced, its enforcement remains unclear.
French authorities are investigating a serious cyber threat aboard a Mediterranean ferry: an onboard malware installation carried out at the direction of a foreign power.
Austal announced on Thursday, December 18, that the contract for the Australian Army’s new Landing Craft Medium has been officially awarded, valued at over A$1 billion (US$680 million).
From splash247.com
Splash’s editor gives readers his take on the world of shipping in the year 2025.
Two teenagers have disappeared after swimming out to examine a dangerous shipwreck on the shores of Ventanilla, a beachside town north of Lima, Peru.
