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Hafnia swoops for 14.5% Torm stake in $311m deal with Oaktree

From splash247.com

Singapore-based product tanker giant Hafnia has agreed to acquire a 14.45% holding in Danish rival Torm from Oaktree Capital Management in a deal worth about $311.4m. 

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Caspian Pipeline Consortium Completes Black Sea Oil Spill Cleanup After Major Leak

From www.marineinsight.com

The consortium exports mostly Kazakh oil via Russia and the Black Sea terminal, handling more than 1% of global crude supply.

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ConocoPhillips to lay off up to 25% of its workforce

From splash247.com

US oil major ConocoPhillips has announced plans to lay off up to 25% of its workforce, as part of its cost-cutting measures. 

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Supervisor Killed at Hanwha Ocean Shipyard During Testing on FPSO

From maritime-executive.com

A supervisor identified as a Brazilian national overseeing construction of an FPSO vessel at the Hanwha Ocean shipyard in Geoje, South Korea, was killed on September 3 during testing on the under-construction vessel. 

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Salvors Narrowly Avert a Capsizing After Trawler Burns at Pier in Ribeira

From maritime-executive.com

Salvors have successfully prevented the capsizing of a trawler at the port of Ribeira, Galicia, limiting the impact from a severe onboard fire. 

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Baltic Index Hits Near Two-Week Low As Larger Vessel Rates Fall

From www.hellenicshippingnews.com

Baltic Index Hits Near Two-Week Low As Larger Vessel Rates Fall. 

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Sanctioned Tankers Ship 36% of Russian Oil 

From www.hellenicshippingnews.com

Sanctioned tankers lifted 36% of all oil shipped from Russia in July, underscoring the sustained pressure Western regulators have placed on the dark fleet over most of 2025.

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US tightens trade fraud rules

From www.seatrade-maritime.com

The creation of a Trade Fraud Task Force to prosecute tariff evasion through transhipment is expected to further restrict US imports from Asia.

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Federal Maritime Commission investigating Flags of Convenience

From www.seatrade-maritime.com

Earlier this summer, observers of the shipping-related scene in Washington, D.C.— decidedly more active during Trump 2.0 than any time in recent memory — watched the Federal Maritime Commission (FMC), which deals with regulation of liner carriers serving the States, cast its eyes towards vessel flagging. 

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US threatens tariffs and port levies to sink IMO green deal

From splash247.com

The United States is leaning hard on allies and rivals alike to reject a landmark United Nations agreement to slash emissions from marine fuels, Reuters reports.

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Rubio: Military Strikes on Suspected Drug Boats "Will Happen Again"

From maritime-executive.com

The Trump administration plans to keep attacking drug boats with lethal military force, U.S. Secretary of State Marco Rubio told reporters Wednesday. 

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EV Fires Can Cause Explosions on Ro/Ros

From maritime-executive.com

The International Union of Marine Insurers has updated its guidance to warn that PCTC and ropax operators run a risk of explosion during an onboard EV fire, a previously underexamined problem. 

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Fincantieri Adds 600 Shipyard Workers as U.S. Shipbuilding Renaissance Gains Steam

From gcaptain.com

Fincantieri Marine Group (FMG) has added more than 600 workers to its U.S. shipyards since February 2025 amid what company officials describe as a revival of American shipbuilding capabilities. 

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Canada Moves its Coast Guard Into its Defense Ministry

From maritime-executive.com

The Canadian Coast Guard has formally transferred out of Fisheries and Oceans Canada and  into Canada's national defense establishment, expanding its role and adjusting its orientation. 

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Floating Data Centers on Fast-Flowing Rivers

From maritime-executive.com

Advances in information processing technology and programming have increased the need for data centers capable of processing massive volumes of information.

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Joshua Hutchinson: This month is the anniversary of the NORD Steam 2 explosion

From www.linkedin.com

This month is the anniversary of the NORD Steam 2 explosion… a mystery that (widely) remains unsolved for the maritime sector. 🕵️

I spoke to TRT World about the complexity of such an operation and how today's world has changed for it. ⚠️

⛓️‍💥 This incident alone has driven NATO to develop new strategies and procedures to ensure it can’t and won’t happen again.

🚨 Large parts of subsea infrastructure remain very vulnerable and the industry needs to adapt very quickly.

#maritimesecurity #maritimesafety

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Trump looking to pull permit for 2.4GW project off Nantucket

From splash247.com

The Trump administration is considering withdrawing the permit for a planned 141-turbine SouthCoast Wind project off Nantucket. 

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China Boosts Russian Crude Imports as Indian Flows Decline Amid US Sanctions

From auto.economictimes.indiatimes.com

In August, Russian crude oil shipments soared to a seven-week high, driven by increased purchases from China while India scales back imports due to US sanctions. 

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U.S. Coast Guard Keeps Close Watch on Chinese Icebreakers off Alaska

From maritime-executive.com

The U.S. Coast Guard has been closely watching China's Arctic research flotilla for the past month, and continues to monitor the operations of two Chinese-flagged vessels in waters of the U.S. Extended Continental Shelf - outside the bounds of the U.S. Exclusive Economic Zone, but inside the limits of U.S. seabed mineral claims. 

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De Heus opens fish feed factory in Uganda 

From www.world-grain.com

Facility in Njeru will produce up to 100,000 tonnes annually
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Ukraine slaps export duty on soybeans, rapeseed 

From www.world-grain.com

 Farmers concerned 10% duty will reduce cultivated area for those crops
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GDM completes acquisition of AgReliant Genetics

From www.world-grain.com

Creates fourth largest corn research program in North America
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Meeting to spotlight the future of cereals and grains

From www.world-grain.com

Cereals & Grains Association’s technical conference set for mid-November
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Zelim Urges Use of Situational Awareness Technology to Prevent Collisions

From maritime-executive.com

Zelim, the Edinburgh-headquartered maritime safety and security innovator, is calling for the mandatory adoption of advanced situational awareness technology to help prevent ship collisions, reduce fatalities, and improve operational safety at sea.

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