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From splash247.com
Hong Kong-based dry bulk shipping giant Pacific Basin has signed a memorandum of understanding (MOU) with The Hong Kong and China Gas Company Limited (Towngas) to secure supplies of green methanol, as the company moves to meet tightening international emissions standards.
From www.rte.ie
Two men have been seriously injured following an explosion on a ship at Shannon Foynes Port in Co Limerick this evening.
Baltic Dry Bulk Index Slips As Capesize Rates Weaken.
British supermajor Shell has denied reports that it is in talks to acquire BP, a mega-takeover that would be worth more than $80 billion.
The number of oil tankers transiting the Strait of Hormuz dipped further June 23 after edging down 5% in the week to June 22, according to S&P Global Commodities at Sea(opens in a new tab), as shipowners stayed alert on regional military conflicts while freight rates continued to surge.
US shipping company Crowley is expanding its ocean shipping services with the launch of its route between the US northeast and Central America.
The Saudi Ports Authority (Mawani) has awarded four 20-year port concessions to Saudi Global Ports Group (SGP) to operate multipurpose terminals on Saudi Arabia's eastern coast.
From splash247.com
Suicide cases accounted for more deaths at sea than fatal injury incidents according to a major new survey looking at the fleet insured by Norway’s Gard.
From splash247.com
Harry Banga-led Caravel Group has confirmed it has become the leading shareholder in Pacific Basin, but has denied rumours it is looking at a possible takeover of the dry bulk giant.
DP World has been named Port Company of the Year for the third year in a row at the 2025 Multimodal Awards in Birmingham.
From splash247.com
The Israeli Ministry of Energy and Infrastructure has allowed the restart of production from two offshore projects following a temporary suspension caused by the escalation of conflicts with Iran.
From splash247.com
Norwegian offshore seismic vessel player Shearwater Geoservices has been awarded a 3D marine seismic acquisition contract by French energy major TotalEnergies in Sao Tome & Principe.
From splash247.com
Teekay Tankers has continued to offload its ageing tonnage by selling its oldest LR2 unit.
From splash247.com
SLB OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, has secured an engineering, procurement and construction (EPC) contract from Equinor for the second phase of the Northern Lights CO₂ storage project offshore Norway.
From splash247.com
Nasdaq-listed Greek tanker owner and operator Performance Shipping has agreed to the refinancing of an existing outstanding loan of $29.75m with compatriot Alpha Bank.
The U.S. Coast Guard is facing increasing challenges in maintaining and operating its cutter fleet, writes the Government Accountability Office (GAO) in a new report to Congress.
The Port of Shanghai was the location for the first demonstration of a ship-to-ship transfer of CO2 captured from a large Evergreen containership during its operations.
A deck officer from the bulker Ali Aykin has been charged with gross negligence in connection with the vessel's grounding off Sweden last month.
"No talks are taking place. As we have said many times before, we are sharply focused on capturing the value in Shell through continuing to focus on performance, discipline and simplification," a Shell spokesperson said.
From www.world-grain.com
Plains dry-out lets combines roll in Kansas, Oklahoma
From www.world-grain.com
Board elevates Nic McCarthy to leadership role
Crude oil prices have dropped below $67 a barrel after President Trump declared a ceasefire between Iran and Israel, overcoming earlier fears of increased conflict and disrupted energy supply. The market is now adjusting to changes in geopolitical tensions and demand forecast.
From www.linkedin.com
Today we mark DAY OF THE SEAFARER. A day to recognise the people who keep the trade moving at sea, often with long durations far from home, often out of sight.
From www.linkedin.com
𝗠𝘆 𝗕𝗲𝗮𝗰𝗼𝗻 𝗼𝗳 𝗕𝗲𝗹𝗶𝗲𝗳: 𝗝𝗼𝘀𝗲𝗽𝗵'𝘀 𝗘𝗻𝗱𝘂𝗿𝗶𝗻𝗴 𝗖𝗼𝗻𝗳𝗶𝗱𝗲𝗻𝗰𝗲 🕯️
Joseph always poured his heart 💙 into everything, yet in his final moments, even his best wasn't enough.
