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London-listed shipbroker Clarksons has acquired US-based commodities brokerage and data provider Link Group in an $80m cash deal, bolstering its footprint in the Americas and deepening its presence in oil and derivatives markets. The acquisition covers Link Crude Resources, Link Data Services and Link Futures, businesses focused on physical crude trading, derivatives broking and market …
https://splash247.com/clarksons-snaps-up-us-commodities-broker-link-group-in-80m-move/
https://splash247.com/clarksons-snaps-up-us-commodities-broker-link-group-in-80m-move/Member States of the International Maritime Organization are gathering in London, United Kingdom to discuss the impact on shipping and seafarers in the Arabian Sea, the Sea of Oman and the Gulf region, particularly in and around the Strait of Hormuz. IMO Secretary-General Mr.
https://www.marinelink.com/news/imo-secretarygeneral-urges-deescalation-537078
https://www.marinelink.com/news/imo-secretarygeneral-urges-deescalation-537078Following three consecutive years of revenue growth and expanding international demand for efficient offshore power delivery, Verlume is evolving its leadership structure to support its next phase of global expansion transitioning from technology…
https://www.marinelink.com/news/verlume-evolves-leadership-support-next-537079
https://www.marinelink.com/news/verlume-evolves-leadership-support-next-537079The Trump administration on Wednesday announced a 60-day waiver of the Jones Act shipping law, temporarily allowing foreign-flagged vessels to move fuel, fertilizer and other goods between U.S. ports as soaring energy and agricultural prices…
https://www.marinelink.com/news/us-government-waives-regulations-ease-537080
https://www.marinelink.com/news/us-government-waives-regulations-ease-537080Iranian gas facilities in the Gulf came under attack on Wednesday, state media reported, prompting Tehran to say it would target a range of energy installations across Saudi Arabia, the United Arab Emirates and Qatar "in the coming hours".Oil prices jumped on the news…
https://www.marinelink.com/news/iranian-oil-facilities-attack-site-537083
https://www.marinelink.com/news/iranian-oil-facilities-attack-site-537083HarborLab, a leader in maritime technology, is partnering with Danaos Management Consultants to deliver fully automated port cost management for the first time.The collaboration enables HarborLab’s platform to integrate directly with Danaos’ Port Expenses Module, Voyage Estimation, and Protocol.
https://www.marinelink.com/news/harborlab-danaos-collaborate-fully-537085
https://www.marinelink.com/news/harborlab-danaos-collaborate-fully-537085Saronic announced it is opening a nearly 15,000 square foot office in downtown New Orleans. The new space will serve as an engineering and technical hub to support the company’s expanding shipbuilding operations in Louisiana. The new office will house hardware engineers…
https://www.marinelink.com/news/saronic-open-new-downtown-new-orleans-537089
https://www.marinelink.com/news/saronic-open-new-downtown-new-orleans-537089On March 12, following a tender procedure, the Ministry of Defence of the Netherlands and Damen Shipyards Group signed a contract for the delivery of three Damen Stan Patrol (SPa) 5009 vessels for the Dutch Caribbean Coast Guard. The new vessels…
https://www.marinelink.com/news/damen-shipyards-group-deliver-stan-patrol-537091
https://www.marinelink.com/news/damen-shipyards-group-deliver-stan-patrol-537091EcoNavis has launched a new online savings calculator to help shipowners and operators make an initial assessment of the fuel-saving potential of an Eco Boss Cap retrofit.Available on the EcoNavis website (econavis.co.uk), the Eco Boss Cap Savings…
https://www.marinelink.com/news/econavis-launches-fuel-savings-calculator-537092
https://www.marinelink.com/news/econavis-launches-fuel-savings-calculator-537092The closure of the Strait of Hormuz is causing vessel supply to tighten globally through indirect mechanisms, such as war risk surcharges and insurance withdrawal. The disruption of the strait, through which around 20% of global oil and LNG transit, has triggered a cascading shock to energy-intensive industries. This has sharply increased dry bulk shipping ...
https://www.hellenicshippingnews.com/strait-of-hormuz-disruption-raises-iron-ore-costs/
https://www.hellenicshippingnews.com/strait-of-hormuz-disruption-raises-iron-ore-costs/