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Northern Lights JV has awarded a charter agreement to a consortium of “K” Line and MISC Berhad initially for one new liquid CO₂ transport vessel. A second vessel will be awarded to the same consortium in April 2026. Further, two charter agreements have been awarded to Mitsui O.S.K.
https://www.marinelink.com/news/northern-lights-expands-co-fleet-535134
https://www.marinelink.com/news/northern-lights-expands-co-fleet-535134The U.S. Coast Guard coordinated the rescue of 27 mariners on Saturday after their Venezuelan-flagged fishing vessel caught fire approximately 500 miles north-northwest of the Galapagos Islands, Ecuador.At 3:51 p.m. PST, Saturday, Rescue Coordination…
https://www.marinelink.com/news/coast-guard-coordinates-rescue-mariners-535135
https://www.marinelink.com/news/coast-guard-coordinates-rescue-mariners-535135U.S. President Donald Trump on Saturday said India will buy Venezuelan oil, helping to replace some of the Russian oil that the world's third-biggest oil importer buys. "We've already made that deal, the concept of the deal," Trump told reporters…
https://www.marinelink.com/news/trump-declares-india-purchase-oil-535131
https://www.marinelink.com/news/trump-declares-india-purchase-oil-535131Two tankers suspected of illegal ship-to-ship oil transfers were detained and more than 512 million ringgit ($129.9 million) worth of crude oil seized 24 nautical miles west of Muka Head, Penang last week, the Malaysian Maritime Enforcement…
https://www.marinelink.com/news/malaysia-seizes-crude-oil-suspect-tankers-535132
https://www.marinelink.com/news/malaysia-seizes-crude-oil-suspect-tankers-535132Capesize The market delivered a volatile but constructive week overall, underpinned by a strong early rally and broadly supportive sentiment despite some mid-week consolidation. The Pacific led the initial charge, with C5 rates rising sharply through Tuesday as sustained miner activity and tightening tonnage pushed fixtures above $9.00. Momentum cooled slightly later in the week, ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-capesize-gathering-momentum/
https://www.hellenicshippingnews.com/dry-bulk-shipping-capesize-gathering-momentum/NYK convened its third annual Dry Bulk Safety Conference in Athens, Greece, on January 21. The event brought together 150 participants representing 70 Greek shipowners and other companies active in the dry bulk sector. Originally established…
https://www.marinelink.com/news/nyk-holds-dry-bulk-safety-conference-535096
https://www.marinelink.com/news/nyk-holds-dry-bulk-safety-conference-535096The International Maritime Organization's Sub-Committee on Ship Design and Construction (SDC) held its 12th session at IMO Headquarters in London, January 19-23, and was chaired by Mr. Erik Tvedt (Denmark). Outcomes are summarized below:KEY…
https://www.marinelink.com/news/imo-subcommittee-ship-design-construction-535097
https://www.marinelink.com/news/imo-subcommittee-ship-design-construction-535097As part of a broader effort to unleash American energy by encouraging oil and gas exploration and production on federal lands and waters, the Bureau of Ocean Energy Management today announced the Final Notice of Sale for the Cook Inlet Outer Continental Shelf Oil and Gas Lease Sale 1.
https://www.marinelink.com/news/boem-publishes-final-notice-sale-cook-535099
https://www.marinelink.com/news/boem-publishes-final-notice-sale-cook-535099Panama's Supreme Court has annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison, leaving the future ownership of some Panama Canal operations unclear and possibly upsetting its plans to sell some terminals.Panama Ports Company (PPC)…
https://www.marinelink.com/news/panama-court-quashes-ck-hutchison-port-535100
https://www.marinelink.com/news/panama-court-quashes-ck-hutchison-port-535100Dominion Energy said on Friday the total project costs for the Coastal Virginia Offshore Wind have increased to roughly $11.5 billion from $11.2 billion.The changes in estimated costs reflect the impact of temporary suspension of work issued by the U.S.
https://www.marinelink.com/news/coastal-virginia-offshore-project-costs-535102
https://www.marinelink.com/news/coastal-virginia-offshore-project-costs-535102