ShipOracle News
Kongsberg Digital concluded a new project funded by FHF (the Norwegian Seafood Research Fund) for the development of its K-Sim Fishery simulator to incorporate a new purse seine application. The new simulator capabilities were demonstrated to…
https://www.marinelink.com/news/simulator-project-aims-improve-fishery-513392
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ShipOracle News
At the Maritime Risk Symposium 2024, scheduled for June 11-13 at Naval Postgraduate School, Monterey, CA, RADM Matt Bell, USCG (Ret.) facilitates a panel entitled: Multi-Service and Maritime Industry Collaboration in the Arctic, to better understand…
https://www.marinelink.com/news/arctic-focus-mrs-513396
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ShipOracle News
Louisiana-based boat builder Metal Shark announced it has won a contract to build 22 welded-aluminum high-speed surface interceptor vessels for the Jamaica Defence Force (JDF).JDF has selected the Metal Shark 36 Fearless, a high-performance…
https://www.marinelink.com/news/metal-shark-building-vessels-jamaicas-513398
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ShipOracle News
Shipping group Maersk raised its full-year profit guidance after reporting first-quarter earnings on Thursday, citing strong demand and higher freight rates as ships sail for longer to avoid conflict in the Red Sea.The company, viewed as a barometer of world trade…
https://www.marinelink.com/news/maersk-raises-profit-guidance-strong-513400
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ShipOracle News
Russia has been quietly shipping refined petroleum to North Korea at levels that appear to violate the mandates of the United Nations Security Council, a U.S. official said on Thursday, adding the U.S. is planning new sanctions in response.The disclosure came on the first day after a U.N.
https://www.marinelink.com/news/russia-shipping-oil-north-korea-above-un-513402
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ShipOracle News
Huntington Ingalls Industries (HII) reported a better-than-expected quarterly earnings on Thursday, on the back of demand for aircraft carriers, amphibious assault ships and submarines amid high geopolitical tension.Demand for submarines and aircraft carriers is surging…
https://www.marinelink.com/news/shipbuilder-hii-beats-q-estimates-513403
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ShipOracle News
The Baltic Exchange’s dry bulk sea freight index edged up on Wednesday, buoyed by an uptick in capesize and panamax vessel rates. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, ticked up to 1,683. The capesize index .BACI gained 16 points, or 0.8% to 2,116. The index was still ...
https://www.hellenicshippingnews.com/baltic-index-edges-up-on-gains-in-larger-vessels/
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The inland vessel Courage broke on Wednesday morning while loading sand at an excavation area on the Waal river near Deest in the Netherlands. The bow and the stern were still visible above the water while the middle part of the vessel was completely under water. Videos and photos of the vessel show that the …
https://splash247.com/inland-vessel-breaks-and-sinks-during-loading-operation/
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ShipOracle News
Reducing carbon emissions from shipping will test operators’ adaptability and willingness to embrace the demands of their customers, writes Vasileios Gkikas, director of business development and global lead for dry bulk at class society, ABS. The challenges facing the dry bulk market are a microcosm of the broader struggle facing the industry – and will …
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ShipOracle News
Further signs that the trade spat between China and Australia has come to a close. In 2020, China placed trade restrictions on several Australian exports in response to the Australian government calling for an inquiry into the origins of covid. In late March, following negotiations and a thawing of Australia-China relations, one of the last …
https://splash247.com/china-back-as-australias-top-coal-client/
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