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At the annual meeting of the ABS Southeast Asia Regional Committee, ABS Chairman and CEO John McDonald offered a message to maritime and offshore industry leaders from Singapore and across Southeast Asia.“Rapid technology innovation and autonomous…
https://www.marinelink.com/news/abs-reflects-technology-innovation-growth-537023
https://www.marinelink.com/news/abs-reflects-technology-innovation-growth-537023Sable Offshore on Monday said it had begun pumping oil on a long-disputed pipeline system linking the Santa Ynez offshore platform to California refineries after emergency orders from the Trump administration directing the restart.The restart…
https://www.marinelink.com/news/sable-offshore-restarts-santa-ynez-537024
https://www.marinelink.com/news/sable-offshore-restarts-santa-ynez-537024The Baltic Exchange’s dry bulk freight index increased 0.5% to 2038 on Monday, following a 2.8% rise in the previous session. The capesize index, which typically transport 150,000-ton cargoes including iron ore and coal, advanced 1.6% to 2927. On the other hand, the panamax index, which usually carry 60,000 to 70,000 tons of coal or ...
https://www.hellenicshippingnews.com/baltic-dry-index-rises-for-4th-session/
https://www.hellenicshippingnews.com/baltic-dry-index-rises-for-4th-session/The dry bulk market entered 2026 with a stronger-than-expected start. January rates came in well above seasonal norms across all vessel classes, a strong early signal for the year ahead. Despite structural headwinds, China’s economic slowdown, a coal trade decline, and lingering trade policy uncertainty, shifting trade patterns appear to be reshaping commodity flows supporting ...
https://www.hellenicshippingnews.com/how-shifting-trade-flows-are-driving-dry-bulk-demand-in-2026/
https://www.hellenicshippingnews.com/how-shifting-trade-flows-are-driving-dry-bulk-demand-in-2026/The dry bulk market could be facing a shortage of grain stocks over the next few months, which could have a negative impact on demand. In its latest weekly report, shipbroker Intermodal said that “as the situation in the Middle East unfolds, with ongoing hostilities and energy markets dominating the headlines, the ripple effects of ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-is-a-weaker-global-grains-crop-on-the-horizon/Oslo-listed shipping and logistics group Stolt-Nielsen Limited has agreed to sell a 50% stake in LNG bunkering specialist Avenir LNG to Japan’s Nippon Yusen Kaisha, forming a new joint venture focused on small-scale LNG supply. The deal, struck through Stolt-Nielsen’s subsidiary Stolt-Nielsen Gas, will see the two shipping groups jointly develop Avenir LNG’s bunkering and …
https://splash247.com/stolt-nielsen-brings-nyk-into-avenir-lng-venture/
https://splash247.com/stolt-nielsen-brings-nyk-into-avenir-lng-venture/When Saudi Aramco told its oil buyers in a letter this week that it had no clear idea which port it would use for April exports, it laid bare a new reality: Iran, not the United States, holds the key to reopening the global energy market.The letter…
https://www.marinelink.com/news/reopening-energy-markets-irans-hands-537002
https://www.marinelink.com/news/reopening-energy-markets-irans-hands-537002Europe should keep an open mind on helping to ensure freedom of navigation for ship traffic in the Strait of Hormuz even if the continent did not support the U.S.-Israeli decision to go to war with Iran, Denmark's foreign minister said on Monday.President…
https://www.marinelink.com/news/denmark-pushes-euwide-response-strait-537003
https://www.marinelink.com/news/denmark-pushes-euwide-response-strait-537003The American Pilots’ Association (APA) is concerned that the ongoing Department of Homeland Security (DHS) funding lapse is negatively impacting the ability of the U.S. Coast Guard (USCG) to carry out critical navigation safety and mariner credentialing services.
https://www.marinelink.com/news/pilots-association-sounds-alarm-dhs-537004
https://www.marinelink.com/news/pilots-association-sounds-alarm-dhs-537004Germany’s maritime sector is poised for significant growth, but industry leaders warn that clearer political priorities and stronger policy support are needed to fully capitalize on the opportunity.That was the message delivered jointly by the…
https://www.marinelink.com/news/german-maritime-industry-calls-political-537007
https://www.marinelink.com/news/german-maritime-industry-calls-political-537007