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The Panama Canal Administrator, Dr. Ricaurte Vásquez Morales, delivered the 43rd Annual William A. Patterson Distinguished Transportation Lecture at Northwestern University this week, in which he laid out the crucial role the Panama Canal has…
https://www.marinelink.com/news/panama-canal-administrator-outlines-525571
https://www.marinelink.com/news/panama-canal-administrator-outlines-525571Silverback Marine has announced its partnership with Sweden-based company PETESTEP to develop a high-performance law enforcement boat for the New Mexico State Parks Rangers.The patented PETESTEP technology differs from the SPRAYWATER shape and traditional stepped hulls.
https://www.marinelink.com/news/silverback-marine-contracted-build-first-525572
https://www.marinelink.com/news/silverback-marine-contracted-build-first-525572Iron ore futures traded in a tight range on Friday as investors weighed prospects of easing Sino-U.S. trade tensions against seasonally weak demand from top consumer China. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! closed daytime trade 0.57% lower at 696 yuan ($96.06) a metric ton, clocking a drop ...
https://www.hellenicshippingnews.com/iron-ore-rangebound-on-slow-demand-and-ahead-of-sino-us-trade-talks/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 Friday and logged a weekly fall, as weak rates in capesize and panamax segments weighed. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, lost ...
https://www.hellenicshippingnews.com/baltic-index-falls-posts-weekly-decline-on-lower-capesize-panamax-rates/China’s coal imports retreated during the first quarter of the year, which in turn took a toll on the global seaborne coal trade. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Mar 2025, global seaborne coal loadings declined by -6.7% y-o-y to 307.0 mln t (excluding cabotage), based on vessel tracking data ...
https://www.hellenicshippingnews.com/seaborne-coal-exports-fall-as-china-puts-a-lid-on-imports/
https://www.hellenicshippingnews.com/seaborne-coal-exports-fall-as-china-puts-a-lid-on-imports/Aptamus Carbon Solutions (Aptamus), a subsidiary of Overseas Shipholding Group, and Entr, the consultancy arm of Aker Solutions, have entered into an agreement for the front-end engineering and design (FEED) of CO2 terminals in Florida and Louisiana.Entr…
https://www.marinelink.com/news/aptamus-picks-aker-solutions-entr-lco-525551
https://www.marinelink.com/news/aptamus-picks-aker-solutions-entr-lco-525551Potential USTR port fees of c.$1 mil per voyage for non-US built car carriers entering the US targeting c.95% of the global fleet from mid-October, combined with this week’s signals from Washington suggesting a sooner-than-expected reopening of the Red Sea…
https://www.marinelink.com/news/ustr-port-fees-contrasted-supply-growth-525560
https://www.marinelink.com/news/ustr-port-fees-contrasted-supply-growth-525560A study led by the UK’s National Oceanography Centre (NOC) has found that natural hazards account for around a quarter of all recorded instances of subsea cable damage between 1965 and 2019, posing a threat to the growing infrastructure underpinning…
https://www.marinelink.com/news/noc-natural-disasters-responsible-subsea-525562
https://www.marinelink.com/news/noc-natural-disasters-responsible-subsea-525562India’s state-run Steel Authority of India Ltd plans to import a trial cargo of coking coal from Mongolia this month and may transport the sample by air to speed up testing, two sources familiar with the matter said. The move is part of SAIL’s efforts to diversify its coking coal sources beyond Australia – a ...
https://www.hellenicshippingnews.com/indias-sail-to-import-trial-coking-coal-cargo-from-mongolia-maybe-by-air/Danish fund manager Copenhagen Infrastructure Partners (CIP) has agreed to divest a 10% stake in the 495MW Fengmiao I offshore wind farm in Taiwan to Japanese shipowner Mitsui OSK Lines (MOL). Through this acquisition, MOL enters Fengmiao I as co-owner alongside CIP’s fifth flagship fund, CI V. Fengmiao I is CIP’s third offshore wind project …
https://splash247.com/mol-buys-stake-in-taiwanese-offshore-wind-farm/
https://splash247.com/mol-buys-stake-in-taiwanese-offshore-wind-farm/