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Cobham Ultra, a portfolio company of Advent, a leading global private equity investor, announced that it has agreed to sell Ultra Maritime, a worldwide leader in next-generation undersea warfare solutions, to Lockheed Martin, for $3.45 billion.Since acquiring Ultra Maritime in 2022…
https://www.marinelink.com/news/cobham-ultra-sell-ultra-maritime-lockheed-540950
https://www.marinelink.com/news/cobham-ultra-sell-ultra-maritime-lockheed-540950Ukrainian drones struck Russia's Omsk refinery, the country's largest and located deep in Siberia, in what would be one of the longest-ranged Ukrainian strikes since the beginning of the war, Kyiv's military said on Monday, with local Russian authorities also confirming a strike.In a statement…
https://www.marinelink.com/news/ukrainian-drones-hit-largest-russian-540951
https://www.marinelink.com/news/ukrainian-drones-hit-largest-russian-540951China's military test-fired a missile from a nuclear-powered submarine into the Pacific on Monday, state media reported, drawing criticism and concern from Japan, Australia, New Zealand and Taiwan.A People's Liberation Army (PLA) Navy submarine launched the missile…
https://www.marinelink.com/news/china-alarms-pacific-powers-missile-test-540952
https://www.marinelink.com/news/china-alarms-pacific-powers-missile-test-540952Moose Boats delivered an M1-46 fire rescue catamaran vessel to the San Francisco Fire Department’s Airport Division, which is responsible for providing fire protection, fire prevention, code enforcement, emergency medical services, water rescue…
https://www.marinelink.com/news/moose-boats-delivers-sffd-540958
https://www.marinelink.com/news/moose-boats-delivers-sffd-540958The Maritime and Port Authority of Singapore (MPA) and World Maritime University (WMU) have signed a Memorandum of Understanding (MOU), reaffirming their commitment to nurturing and developing maritime leaders and contributing to capacity development for the international maritime community.
https://www.marinelink.com/news/mpa-world-maritime-university-continue-540959
https://www.marinelink.com/news/mpa-world-maritime-university-continue-540959July 6 presents a modest but operationally significant shift at Kharg Island, where both the western and eastern crude terminals were reoccupied overnight by dark ballast tankers, fresh arrivals not present in the July 5 collection, indicating…
https://www.marinelink.com/news/windward-daily-report-outbound-vessels-540961
https://www.marinelink.com/news/windward-daily-report-outbound-vessels-540961China’s growing reliance on imported food, South America’s expanding dominance in agricultural exports and mounting geopolitical risks around fertiliser supply are reshaping global agricultural trade and will lead to 2.3% growth in global agricultural trade, according to the latest Agri Markets 360 report launched today (6 July) by shipbroker IFCHOR GALBRAITHS. The new annual research ...
https://www.hellenicshippingnews.com/china-now-buys-61-of-the-worlds-traded-soybeans/
https://www.hellenicshippingnews.com/china-now-buys-61-of-the-worlds-traded-soybeans/Demand for bulkers to service India’s coal imports could be on the move over the next few months. In a recent weekly report, shipbroker Intermodal said that “India’s coal trade is moving in two different directions. Thermal coal imports are lower, while Russian coal arrivals are increasing. For dry bulk, the impact depends on which ...
https://www.hellenicshippingnews.com/dry-bulk-market-indias-coal-import-puzzle/
https://www.hellenicshippingnews.com/dry-bulk-market-indias-coal-import-puzzle/Hong Kong-based owner EGPN has entered the containership newbuilding market with a feeder order in China. The company has contracted a pair of 1,900 teu vessels at CSSC Huangpu Wenchong Shipbuilding for delivery in 2029. The order marks EGPN’s first known move into container shipping, adding another segment to a fleet expansion drive that has …
https://splash247.com/egpn-steps-into-boxships-with-huangpu-wenchong-order/
https://splash247.com/egpn-steps-into-boxships-with-huangpu-wenchong-order/New Zealand’s offshore wind sector has cleared an important hurdle after parliament passed the Offshore Renewable Energy Bill, giving developers a clearer route into a market that has been waiting for a formal permitting framework. The New Zealand Wind Energy Association said the law is a major step for the country’s energy transition and, more …
https://splash247.com/new-zealand-opens-door-to-offshore-wind-investment/
https://splash247.com/new-zealand-opens-door-to-offshore-wind-investment/