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Danish maritime investment manager European Maritime Finance has named Peter Kubicki as chief executive officer in a wider reshuffle of its leadership team. The Copenhagen-based company has also appointed Stephen Schueler as chairman of the board, Rikke Stoltz as board member and co-founder Martin Almdal as vice chairman. Kubicki, who was already involved with EMF, …
https://splash247.com/european-maritime-finance-reshuffles-top-team/
https://splash247.com/european-maritime-finance-reshuffles-top-team/Ships have begun sailing through the Strait of Hormuz under a new scheme by the U.N.'s shipping agency to evacuate vessels trapped there by the conflict, a spokesperson said on Wednesday.The initiative, which has taken months to conclude, will enable hundreds of ships with some 11…
https://www.marinelink.com/news/ships-begin-sailing-hormuz-according-un-540612
https://www.marinelink.com/news/ships-begin-sailing-hormuz-according-un-540612Germany scrapped a landmark frigate programme on Wednesday following delays and expected cost overruns, sending shares in the country's top defence firm Rheinmetall — which was tipped to win the contract — sharply lower.Plans to build six F126 frigates had been mired in trouble for a while…
https://www.marinelink.com/news/germany-scraps-frigate-program-540613
https://www.marinelink.com/news/germany-scraps-frigate-program-540613Physical crude oil cargoes are selling at steep discounts around the world, changing trade flows as markets come under pressure from fast-rising Middle Eastern supply with Iran set to boost sales following a temporary reprieve from U.S. sanctions.The discounts…
https://www.marinelink.com/news/physical-crude-cargoes-drop-middle-540614
https://www.marinelink.com/news/physical-crude-cargoes-drop-middle-540614Master Boat Builders delivered Saturn for Suderman & Young Towing Company, the first vessel in a new series of Rapport 3000 escort tugs. Saturn is the first of four vessels in this series.Saturn continues to raise the bar in escort tug capability. Measuring 98 x 43 ft.
https://www.marinelink.com/news/suderman-young-gets-new-rapport-escort-540622
https://www.marinelink.com/news/suderman-young-gets-new-rapport-escort-540622The United States, Britain, France and Germany raised the alarm on Wednesday over recent Chinese activities off the east coast of Taiwan, where China has mounted Coast Guard patrols, saying they threaten regional stability and freedom of navigation.China…
https://www.marinelink.com/news/us-uk-france-germany-echo-alarm-chinese-540626
https://www.marinelink.com/news/us-uk-france-germany-echo-alarm-chinese-540626Taking your children or grandchildren for a ride on the Merry-Go Round may be a pleasant past memory. With that memory, we are asking to think about your choice of the best horse as you board the platform. A decision resting upon what you want out of the ride.
https://www.marinelink.com/news/welcome-us-shipping-merrygoround-540627
https://www.marinelink.com/news/welcome-us-shipping-merrygoround-540627Brazilian and Mexican state-owned oil and gas companies, Petrobras and Pemex, have signed a memorandum of understanding to establish strategic and technical cooperation for the joint evaluation, development, and execution of hydrocarbon industry projects. The partnership includes developing opportunities in exploration and production and industrial processes, as well as exchanging experiences on the sector’s regulatory …
https://splash247.com/petrobras-eyes-gulf-of-mexico-opportunities-through-pemex-alliance/
https://splash247.com/petrobras-eyes-gulf-of-mexico-opportunities-through-pemex-alliance/Australian crew management and maritime workforce solutions provider Siera Marine Management has been awarded funding under the Australian government’s Maritime Skills and Training Initiative (MSTI) to deliver a major program to increase the number of qualified seafarers. The Australian Maritime Workforce Development – Sea Time Support Project will provide qualifying sea-time placements for 49 trainees …
https://splash247.com/australian-sea-time-support-scheme-targets-shortage-of-qualified-seafarers/
https://splash247.com/australian-sea-time-support-scheme-targets-shortage-of-qualified-seafarers/Oslo-listed car carrier operator Wallenius Wilhelmsen has extended a shipping contract with a major European carmaker in a deal worth around $420m. The three-year extension will run from mid-2028 to mid-2031 and comes on top of about $180m in remaining value under the existing agreement. Wallenius Wilhelmsen said the extension was agreed early and would …
https://splash247.com/wallenius-wilhelmsen-adds-420m-to-car-shipping-contract/
https://splash247.com/wallenius-wilhelmsen-adds-420m-to-car-shipping-contract/