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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/WinGD has secured the world’s first orders for ethanol-fuelled engines designed for ocean-going vessels, marking another step in shipping’s search for lower-emission fuel options. The Swiss engine designer said its new ethanol-fuelled X-DF-M/E engines will power two Guaibamax ore carriers being built in China for Shandong Shipping Corporation under long-term charter to Brazilian mining giant …
https://splash247.com/wingd-pushes-alternative-fuel-race-forward-with-ethanol-engine-debut/
https://splash247.com/wingd-pushes-alternative-fuel-race-forward-with-ethanol-engine-debut/The European Commission is preparing to restrict access to goods that Russia could use to make military equipment, such as Irish‑produced alumina, that may be indirectly feeding the Russian war machine. An investigation, carried out by The Irish Times in collaboration with the Organised Crime and Corruption Reporting Project, found that the Aughinish Alumina plant has been …
https://splash247.com/eu-ready-to-crack-down-on-irish-shipments-of-alumina-being-sent-to-russia/
https://splash247.com/eu-ready-to-crack-down-on-irish-shipments-of-alumina-being-sent-to-russia/The chief executive of NextEra Energy said on Monday that his company felt good about Dominion's investment in offshore wind, a technology he has disparaged in the past.CEO John Ketchum made the remarks on a call with investors to discuss NextEra's $66.8 billion bid for Dominion…
https://www.marinelink.com/news/nextera-ceo-positive-dominion-offshore-539328
https://www.marinelink.com/news/nextera-ceo-positive-dominion-offshore-539328The organisers of a flotilla of aid vessels bound for Gaza said on Monday that Israeli forces had intercepted 39 of their boats in the eastern Mediterranean, while the remaining ships were continuing to sail toward the enclave.Earlier on Monday…
https://www.marinelink.com/news/gaza-aid-flotilla-says-israeli-forces-539329
https://www.marinelink.com/news/gaza-aid-flotilla-says-israeli-forces-539329