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Iran warned a U.S. destroyer on Wednesday to change course after it approached waters being monitored by the Islamic Republic, leading the U.S. ship to turn away, Iranian state media reported.The U.S. Navy and U.S. Central Command, which overseas U.S.
https://www.marinelink.com/news/report-iran-warns-us-destroyer-528268
https://www.marinelink.com/news/report-iran-warns-us-destroyer-528268Green hydrogen developers are cancelling projects and trimming investments around the world, raising the prospect of longer than targeted reliance on fossil fuels.The challenges facing the sector have exposed its initial ambitions as unrealistic.Hard…
https://www.marinelink.com/news/green-hydrogen-retreat-poses-threat-528269
https://www.marinelink.com/news/green-hydrogen-retreat-poses-threat-528269The U.S. House of Representatives has approved bipartisan legislation to strengthen, support and authorize funding through 2029 for the United States Coast Guard.The Coast Guard Authorization Act of 2025 authorizes appropriations for the Service through fiscal year 2029.
https://www.marinelink.com/news/us-house-approves-coast-guard-528270
https://www.marinelink.com/news/us-house-approves-coast-guard-528270A cargo ship narrowly avoided grounding after its rudder fell off, and New Zealand’s TAIC report highlights the need for careful oversight and quality assurance during installation of safety-critical components and for strong international safety standards.On 24 July 2023…
https://www.marinelink.com/news/poor-welding-blamed-rudder-falls-off-bulk-528271
https://www.marinelink.com/news/poor-welding-blamed-rudder-falls-off-bulk-528271French high-tech industrial group Exail Technologies on Wednesday reported a 52% rise in second-quarter sales, as geopolitical tensions fuel military spending in Europe.The underwater drone maker reported quarterly revenue of 126 million euros ($148 million), boosted by programmes to counter mines a
https://www.marinelink.com/news/exail-reports-rise-q-sales-528253
https://www.marinelink.com/news/exail-reports-rise-q-sales-528253Saipem achieved a semester of further growth, confirming the constant progression in operating and financial performance over the last three years which enabled, in the month of May, the distribution of the largest dividend in the company's history.Revenue stood at USD$8.47 billion (€7.2 billion)…
https://www.marinelink.com/news/saipem-shares-financial-results-first-528254
https://www.marinelink.com/news/saipem-shares-financial-results-first-528254Blair Garcia, a longtime leader in the maritime industry, has joined HDR as the global maritime director. He will build on the firm’s strong foundation of maritime and coastal engineers, scientists and experts, while adding new services and…
https://www.marinelink.com/news/hdr-announces-new-global-maritime-528256
https://www.marinelink.com/news/hdr-announces-new-global-maritime-528256Coking coal futures’ prices in China soared on Wednesday as a government inspection on coal mine production sparked concerns of supply disruptions. The most active coking coal contract on the Dalian Commodity Exchange closed daytime trade 11% higher, hitting the upper limit for a third straight session and also touching its highest since February 21. ...
https://www.hellenicshippingnews.com/coking-coal-hits-five-month-high-on-government-mine-inspections/“We forecast that bulker deliveries will gradually increase this year and in 2026, reaching 41.2m Deadweight Tonnes (DWT) and a six-year high. Bulker newbuilding contracting was strong in 2023 and 2024, and several of the ships ordered during this period are expected to be delivered during this and next year,” says Filipe Gouveia, Shipping Analysis Manager ...
https://www.hellenicshippingnews.com/bulker-deliveries-could-reach-six-year-high-in-2026/
https://www.hellenicshippingnews.com/bulker-deliveries-could-reach-six-year-high-in-2026/The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, firmed on Wednesday to its highest level in more than a year, steered by strong gains in capesize rates. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, rose 85 points, or 4.2%, to 2,120 ...
https://www.hellenicshippingnews.com/strong-capesize-demand-lifts-baltic-dry-bulk-index-to-over-1-year-peak/