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ABB has introduced Waterside Automation solution, which enables quay cranes to perform a larger share of container handling operations automatically. By automating operations over the vessel and reducing the need for continuous manual control…
https://www.marinelink.com/news/abb-introduces-quay-crane-automation-539368
https://www.marinelink.com/news/abb-introduces-quay-crane-automation-539368Today, Tuesday, May 19 2026, the Baltic Dry Index decreased by 39 points, reaching 3054 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-3054-down-38-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-3054-down-38-points/The US Air Force has unveiled Project Able Baker, a plan to convert decommissioned offshore oil platforms into sea‑based recovery stations for reusable rocket boosters. The concept is laid out in a solicitation under the Small Business Innovation Research (SBIR) programme and aims to reduce the cost and complexity of recovering rockets and giving defunct …
https://splash247.com/us-air-force-eyes-defunct-offshore-platforms-as-rocket-recovery-hubs/
https://splash247.com/us-air-force-eyes-defunct-offshore-platforms-as-rocket-recovery-hubs/The developer of the largest offshore wind farm in the US, Dominion Energy, has entered into a definitive agreement to combine with NextEra Energy in an all-stock transaction. Dominion Energy shareholders will receive a fixed exchange ratio of 0.8138 shares of NextEra Energy for each share of Dominion Energy they own at the close of …
https://splash247.com/nextera-and-dominion-energy-to-create-400bn-utility-firm/
https://splash247.com/nextera-and-dominion-energy-to-create-400bn-utility-firm/Adani Enterprises Limited has agreed to pay $275m to settle a US government investigation into alleged violations of American sanctions against Iran, the Treasury Department announced on Monday. The Office of Foreign Assets Control (OFAC) said the settlement covers 32 apparent violations linked to AEL’s purchases of liquefied petroleum gas between November 2023 and June …
https://splash247.com/adani-unit-to-pay-275m-to-settle-us-sanctions-probe-over-lpg-imports/
https://splash247.com/adani-unit-to-pay-275m-to-settle-us-sanctions-probe-over-lpg-imports/Doğukan Şimşek from AVS Global Ship Supply writes for Splash today. The global shipping industry is facing a widening disconnect. At a time when maritime trade remains the backbone of the global economy, the workforce needed to sustain it is becoming increasingly difficult to secure. The shortage of qualified seafarers is no longer a future …
https://splash247.com/how-maritime-education-must-evolve-to-close-the-seafarer-gap/
https://splash247.com/how-maritime-education-must-evolve-to-close-the-seafarer-gap/German owner GEFO is expanding its inland gas tanker business through the acquisition of the gas shipping activities of Unigas Shipping Swiss in a deal covering seven vessels. The Hamburg-based owner said the transaction, structured as an asset deal, is expected to close in June or July 2026. The package includes three operational gas tankers …
https://splash247.com/gefo-picks-up-gas-tanker-fleet-from-swiss-operator-unigas/
https://splash247.com/gefo-picks-up-gas-tanker-fleet-from-swiss-operator-unigas/With no end in sight to the Hormuz shipping crisis, governments and corporates across the Middle East and beyond are accelerating a fundamental redrawing of global trade corridors, as the International Energy Agency warns the disruption has already surpassed the oil shocks of the 1970s in scale. The latest move came on Tuesday, when AD …
https://splash247.com/the-race-to-redraw-the-middle-easts-trade-map-accelerates/
https://splash247.com/the-race-to-redraw-the-middle-easts-trade-map-accelerates/Thenamaris has moved ahead with another round of tanker fleet renewal, booking three LR2 newbuildings at Hengli Heavy Industries as the Greek owner continues to expand its presence in the product tanker segment. The Chinese shipbuilder disclosed the deal through social media, although no pricing or delivery dates were revealed. The latest order adds to …
https://splash247.com/thenamaris-signs-up-for-lr2-tonnage-at-hengli/
https://splash247.com/thenamaris-signs-up-for-lr2-tonnage-at-hengli/As maritime companies rush to deploy artificial intelligence across chartering, operations, compliance and commercial workflows, a new report from Veson Nautical argues that the industry’s real challenge is no longer whether to invest in AI, but whether the underlying foundations are strong enough to support it. The report, Maritime AI Foundation, frames the issue around …
https://splash247.com/five-questions-worth-asking-about-your-ai-foundation/
https://splash247.com/five-questions-worth-asking-about-your-ai-foundation/