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The global dry bulk fleet is facing a sharp contraction in younger, more efficient tonnage, with the supply of vessels under 15 years of age projected to fall by 22% by 2028.
From splash247.com
One of the most famous names in French shipping has passed away. French shipowners’ association Armateurs de France has revealed that Philippe Louis-Dreyfus, a leading figure in international shipping and former president of the organisation, has died at the age of 80.
As the war between Israel and Iran continues, speculation continues to mount over whether Iran will seek to close the Strait of Hormuz.
Baltic index falls to one-week low on weaker capesize.
While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of the escalating risks.
The Strait of Hormuz is a key waterway that lies between Oman and Iran, and connects the Persian Gulf with the Gulf of Oman and the Arabian Sea.
The U.S. Navy is preparing to deploy the carrier USS Gerald R. Ford to the Mediterranean, placing a third carrier strike group in reach of the Mideast.
From gcaptain.com
War risk insurance premiums for shipments to Israel are as much as three times higher than a week ago as the war between Israel and Iran entered its fifth day, industry sources said on Tuesday.
From gcaptain.com
Oil-shipping rates for Middle Eastern routes have spiked after some tanker owners and managers paused offering vessels as they assess risks from Israel’s conflict with Iran, fueling concerns over flows from the region.
New Zealand’s inter-island ro/ro ferry operator KiwiRail is facing charges following accusations of endangering the safety of passengers after one of its ferries grounded in June last year.
From splash247.com
Wilson Sons, the largest integrated port and maritime logistics operator in Brazil, has signed a new agreement with TotalEnergies to provide logistics support to oil production activities in the Lapa field off Brazil.
From splash247.com
Italian classification society RINA has acquired Finnish naval architecture and marine engineering consultancy Foreship.
From splash247.com
Norwegian maritime group Hagland has acquired compatriot chartering platform Vanora in a strategic move to bolster its digital service offerings.
From splash247.com
With indications coming from Washington that Donald Trump is willing to join Israel in its attack on Iran, the situation in Middle Eastern waters remains highly tense.
From gcaptain.com
While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of the escalating risks.
From gcaptain.com
Iran’s oil exports have jumped since the nation came under attack from Israel on Friday, according to a firm that specializes in monitoring clandestine shipping.
The ship recycling market was further hampered by the developments of the past week and the escalation of warfare between Iran and Israel.
The Berlin Maersk will be the largest methanol dual-fuel vessel to enter the Danish company’s fleet.
From www.world-grain.com
Wet fields, high humidity make for afternoon fieldwork
From www.world-grain.com
Will have a dedicated production line at Biotech Farms facility
From www.world-grain.com
Letter to administration officials notes errors in recent report
From splash247.com
As EV-related fires continue to challenge the maritime industry – with incidents like the Morning Midas blaze in the North Pacific (pictured) – operators are urgently seeking more effective solutions. A new brine-based firefighting system, developed by Skansi Offshore in close cooperation with naval architect Knud E. Hansen, now offers a simple answer using only …
From splash247.com
A new hydrogen fuel cell system tailored for maritime applications has been unveiled by Singapore-based Proteus Energy in partnership with French hydrogen fuel cell specialist Symbio.
From gcaptain.com
The American Bureau of Shipping (ABS) has issued approval in principle (AIP) to HD Hyundai Heavy Industries (HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for an innovative floating small modular reactor (SMR) power module.
A new survey identified a growing demand for real-time data connectivity and improved system integration across marine terminal operations.
