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Saskatchewan and Manitoba have joined forces with Arctic Gateway Group (AGG) to revive and expand the port of Churchill, signing a memorandum of understanding aimed at building a northern trade corridor that could reshape Canadian export logistics. The agreement, unveiled this week by premiers Scott Moe and Wab Kinew alongside AGG CEO Chris Avery, sets …
https://splash247.com/saskatchewan-and-manitoba-back-northern-trade-corridor-project/
https://splash247.com/saskatchewan-and-manitoba-back-northern-trade-corridor-project/The World Nuclear Transport Institute (WNTI) and the Nuclear Energy Maritime Organisation (NEMO) have signed a memorandum of understanding (MoU) to jointly shape the future of nuclear-powered shipping and transportable nuclear power plants. The partnership aims to champion the development of international standards that prioritise safety, security, and sustainability in both the transport of nuclear …
https://splash247.com/nuclear-bodies-join-forces-to-advance-atomic-powered-ship-development/
https://splash247.com/nuclear-bodies-join-forces-to-advance-atomic-powered-ship-development/Singapore’s Eastern Pacific Shipping (EPS) is back in the container newbuild market, signing up for six feeder boxships in China. Sources close to the deal say EPS has inked an order at China Merchants Jinling Shipyard for a series of 1,800 teu vessels. The ships are priced at around $30m each and are slated for …
https://splash247.com/eastern-pacific-stacks-up-orderbook-with-boxship-newbuilds-in-china/
https://splash247.com/eastern-pacific-stacks-up-orderbook-with-boxship-newbuilds-in-china/China Merchants Energy Shipping (CMES) is poised to become the largest shareholder in Antong Holdings after announcing a strategic acquisition of up to 13.8% of the domestic container shipping firm. The move follows the recent collapse of a previously planned asset deal between the two state-backed players. CMES will invest up to RMB1.8bn ($250 m) …
The Houthi armed group in Yemen attacked two bulk carriers in the Red Sea earlier this year, which NGO Human Rights Watch said today are violations of the laws of war amounting to war crimes. The Houthis sunk both ships, killing and injuring several crewmembers, and appear to be unlawfully detaining six rescued crewmembers. The NGO …
https://splash247.com/houthi-attacks-branded-war-crimes-by-human-rights-watch/
https://splash247.com/houthi-attacks-branded-war-crimes-by-human-rights-watch/Hanwha Shipping, a U.S. subsidiary of Korean shipbuilder Hanwha Ocean, on Tuesday said it ordered an LNG carrier valued at roughly $252 million from its own Pennsylvania-based unit Hanwha Philly Shipyard.Under the agreement, the ship will be built in Korea and flagged in the United States.
https://www.marinelink.com/news/hanwha-build-usflagged-lng-carrier-528214
https://www.marinelink.com/news/hanwha-build-usflagged-lng-carrier-528214The United States on Tuesday imposed sanctions on what it said was a Houthi-linked petroleum smuggling and sanctions evasion network across Yemen and the United Arab Emirates in fresh action targeting the Iran-backed militant group.The U.S.
https://www.marinelink.com/news/us-targets-houthis-fresh-sanctions-528216
https://www.marinelink.com/news/us-targets-houthis-fresh-sanctions-528216The European Union has lifted sanctions against three tankers managed by Japan's Mitsui O.S.K.
https://www.marinelink.com/news/eu-lifts-sanctions-against-three-lng-528217
https://www.marinelink.com/news/eu-lifts-sanctions-against-three-lng-528217Coast Guard and Maritime Transportation Subcommittee Chairman Mike Ezell (R-MS) delivered his opening remarks at the July 22 hearing on the Federal Maritime Commission (FMC) budget request highlighting his interest in the impact of flags of…
https://www.marinelink.com/news/foreign-flags-investigation-fmc-528219
https://www.marinelink.com/news/foreign-flags-investigation-fmc-528219Italy’s Next Geosolutions (NextGeo) has acquired a controlling stake in fellow subsea contractor Rana Subsea, expanding its reach and capabilities in the offshore energy support segment. The Milan-listed company, part of Naples-based Marnavi Group, has agreed to buy 75.4% of Rana Subsea. The shares were acquired from Nettuno Holding (55.8%) and Rana CEO Alessandro Buffa …
https://splash247.com/next-geosolutions-takes-over-subsea-contractor-rana/
https://splash247.com/next-geosolutions-takes-over-subsea-contractor-rana/