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Dockworkers in 22 countries will strike on Friday, protesting against war and the use of ports for arms exports in action organisers say could disrupt over 40% of Mediterranean cargo and snarl over $2 billion worth of freight.The strike, originally called by dockworkers' unions in Italy…
https://www.marinelink.com/news/dockworkers-strike-against-arms-shipments-544004
https://www.marinelink.com/news/dockworkers-strike-against-arms-shipments-544004Greek Prime Minister Kyriakos Mitsotakis called on Wednesday for a global maritime truce after a drone attack sank a Greek container ship off Bulgaria, the latest of a series of strikes on ships in the western Black Sea this month.Speaking at…
https://www.marinelink.com/news/greece-encourages-global-truce-drone-544005
https://www.marinelink.com/news/greece-encourages-global-truce-drone-544005QatarEnergy is buying long-term supplies of liquefied natural gas from the US and other producers as part of a trading strategy designed to generate revenue if exports through the Strait of Hormuz are disrupted in the future, CEO Saad Sherida…
https://www.marinelink.com/news/qatarenergy-purchases-longterm-lng-544007
https://www.marinelink.com/news/qatarenergy-purchases-longterm-lng-544007The quest to rebuild the U.S maritime manufacturing infrastructure and the U.S. Navy in tandem is not for the faint of heart, as the process will be neither short nor cheap. But stepping up for the challenge are companies like Fairbanks Morse Defense (FMD)…
https://www.marinelink.com/news/fmd-solving-navys-tough-problems-544009
https://www.marinelink.com/news/fmd-solving-navys-tough-problems-544009The International Marine Contractors Association (IMCA) has launched IMCA 2030, a four-year strategy designed to ensure the association remains relevant, authoritative, and valuable to members as the offshore construction industry navigates…
https://www.marinelink.com/news/imca-launches-strategy-guide-offshore-544011
https://www.marinelink.com/news/imca-launches-strategy-guide-offshore-544011Gulf oil producers are assembling a fleet of nearly 230 tankers to maintain crude exports through the Strait of Hormuz despite heightened security risks and reluctance among independent shipowners to operate in the region, according to a weekly…
https://www.marinelink.com/news/gulf-oil-producers-build-tanker-fleet-544013
https://www.marinelink.com/news/gulf-oil-producers-build-tanker-fleet-544013The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, was up for a second session on Thursday, rising by 2.3% to its highest since October 13 at 2,712 points. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, also advanced for a second day, ...
https://www.hellenicshippingnews.com/baltic-dry-index-at-over-2-week-high/
https://www.hellenicshippingnews.com/baltic-dry-index-at-over-2-week-high/“Geopolitical disruptions continue to cloud the dry bulk market outlook. The effective closure of the Strait of Hormuz remains the largest source of uncertainty, while attacks on ships and port infrastructure in the Black Sea have added another layer of risk,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO. Typically, around 4% of dry bulk ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-escalating-attacks-on-ships-heighten-uncertainty/Chinese chemicals group Jiahua Energy is stepping up its shipowning ambitions with plans to invest up to $165m in a 102,000 cu m liquefied hydrocarbon carrier at Jiangnan Shipyard. The Shanghai-listed company has secured board approval for the project, with Jiangnan Shipyard and China Shipbuilding Trading named as the counterparties. The vessel is scheduled for …
https://splash247.com/jiahua-energy-lines-up-165m-gas-carrier-at-jiangnan/
https://splash247.com/jiahua-energy-lines-up-165m-gas-carrier-at-jiangnan/The US Coast Guard has imposed additional security conditions on commercial vessels arriving in American waters after calling at Somali ports, adding the East African country to its list of jurisdictions considered to have inadequate port security measures. The restrictions took effect this week, following a determination that Somalia was not maintaining effective antiterrorism measures …
https://splash247.com/us-tightens-entry-rules-for-ships-calling-at-somali-ports/
https://splash247.com/us-tightens-entry-rules-for-ships-calling-at-somali-ports/