Access cargoes, ship positions, ships and parts for sale, news, events and jobs
President Donald Trump has hinted at easing his aggressive trade stance with China, suggesting a significant reduction in the steep tariffs on Chinese imports amid ongoing market turbulence. Speaking at a White House press briefing on Tuesday, Trump indicated that the current tariffs, which have soared past 145%, will be scaled back considerably, though not …
https://splash247.com/trump-hints-at-china-tariff-row-back/
https://splash247.com/trump-hints-at-china-tariff-row-back/Non-Chinese shipowners can breathe a sigh of relief that they can still order most ship types risk-free in China, according to HSBC, following last week’s decision by the US Trade Representative to water down penalties on Chinese-linked tonnage. The competitiveness of Chinese yards remains intact, according to the global bank. “The diluted port fees will …
https://splash247.com/chinese-yards-largely-unscathed-from-us-port-fees/
https://splash247.com/chinese-yards-largely-unscathed-from-us-port-fees/There might be a 12.8m teu gap between them in group-wide annual throughput, but old rivals Hutchison Ports and PSA International are neck and neck when it comes to revenues these days, helping explain what a canny potential deal BlackRock and Mediterranean Shipping Co (MSC) have carved out for themselves. Source: Alphaliner The latest data …
https://splash247.com/hutchison-draws-level-with-psa-on-revenues/
https://splash247.com/hutchison-draws-level-with-psa-on-revenues/Belgium’s CMB.TECH and one of Europe’s largest dry bulk owners, Golden Ocean, have signed a term sheet for a stock-for-stock merger that will create a maritime giant with a combined fleet of more than 250 vessels. Under the agreement, unanimously approved by the boards of both companies, the shipowning vehicle controlled by the Saverys family …
https://splash247.com/cmb-tech-and-golden-ocean-merging-to-create-fleet-of-more-than-250-ships/
https://splash247.com/cmb-tech-and-golden-ocean-merging-to-create-fleet-of-more-than-250-ships/The superyacht that sank off Sicily last year, killing British tech tycoon Mike Lynch and six others, will be lifted out of the water next month after its mast is dismantled, people close to the matter said on Tuesday.The recovery of the British-flagged Bayesian…
https://www.marinelink.com/news/bayesian-salvage-commence-may-524925
https://www.marinelink.com/news/bayesian-salvage-commence-may-524925CMB.TECH and Golden Ocean Group have signed a term sheet for a contemplated stock-for-stock merger, with CMB.TECH as the surviving entity, based on an exchange ratio of 0.95 shares of CBM.TECH for each share of Golden Ocean.The Term Sheet has…
https://www.marinelink.com/news/cmbtech-golden-ocean-agree-stockforstock-524927
https://www.marinelink.com/news/cmbtech-golden-ocean-agree-stockforstock-524927Debris in an engine’s lube oil system led to a diesel engine failure and an engine room fire aboard a passenger vessel docked in Portland, Maine, the National Transportation Safety Board (NTSB) has confirmed.The passenger vessel Ocean Navigator was moored at the Ocean Gateway Terminal on Oct.
https://www.marinelink.com/news/lube-oil-maintenance-failure-caused-524928
https://www.marinelink.com/news/lube-oil-maintenance-failure-caused-524928Chevron is conducting minor planned maintenance at its Wheatstone natural gas facility in Australia, temporarily reducing production rates on LNG Train 1, a company spokesperson said on Tuesday."The annual service event is expected to be completed within the coming week," the spokesperson said, addi
https://www.marinelink.com/news/chevron-reduced-lng-production-australian-524905
https://www.marinelink.com/news/chevron-reduced-lng-production-australian-524905Rain over the Easter weekend in Germany has raised Rhine river water levels, with vessels able to carry more cargo, though the river is still too shallow for normal sailings, commodity traders said on Tuesday.Extreme lack of rain in March and…
https://www.marinelink.com/news/rhine-river-ships-able-increase-loads-524906
https://www.marinelink.com/news/rhine-river-ships-able-increase-loads-524906Emirati-Lebanese shipbuilder Privinvest has been granted permission to appeal against Mozambique's victory in a London lawsuit over the decade-old "tuna bond" scandal, its lawyer said on Tuesday.The southeast African country sued Privinvest and its now late owner Iskandar Safa…
https://www.marinelink.com/news/uk-court-shipbuilder-privinvest-appeal-524907
https://www.marinelink.com/news/uk-court-shipbuilder-privinvest-appeal-524907