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Maritime Partners has repowered the pushboat M/V John Austin, replacing its Cummins QSK38 (1300 hp @ 1800 rpm) with a Mitsubishi S12R-Y3 engine rated at 1260 hp @ 1600 rpm. After 28,000 hours on the previous platform, the decision to repower was driven by the need for reliability…
https://www.marinelink.com/news/maritime-partners-repowers-mv-john-austin-532176
https://www.marinelink.com/news/maritime-partners-repowers-mv-john-austin-532176Dalian iron ore futures declined on Friday and logged a weekly loss as weakening steel demand and production cuts pressured prices in top consumer China. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) fell 1.87% to 760.5 yuan($106.77) a metric ton. The contract ended the week 3.95% lower. The benchmark December ...
https://www.hellenicshippingnews.com/iron-ore-logs-weekly-loss-on-soft-steel-demand-production-cuts-in-china/China’s iron ore imports in October stayed above 100 million tons for a fifth straight month, underpinned by robust shipments boosted by higher prices and resilient demand from the world’s largest consumer. China brought in 111.3 million metric tons of the key steelmaking ingredient last month, data from the General Administration of Customs showed on ...
https://www.hellenicshippingnews.com/chinas-iron-ore-imports-above-100-million-tons-for-a-fifth-month/The prevailing positive sentiment within the dry bulk market may lead to misguided optimism in 2026 and beyond, according to a Clarksons analysis. At last month’s Baltic Dry FFA Forum in Geneva, Louisa Follis, director and head of dry cargo analysis at Clarksons, intentionally addressed dry bulk supply dynamics ahead of her demand analysis to ...
https://www.hellenicshippingnews.com/dry-bulks-looming-divide/
https://www.hellenicshippingnews.com/dry-bulks-looming-divide/The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to an over three-week high on Friday and recorded a weekly gain, supported by improved rates across all vessel segments. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, rose 41 points, or 2%, ...
https://www.hellenicshippingnews.com/baltic-index-hits-over-three-week-high-ends-week-firmer/
https://www.hellenicshippingnews.com/baltic-index-hits-over-three-week-high-ends-week-firmer/AET has placed an order at Samsung Heavy Industries (SHI) for two LNG dual-fuel suezmax tankers, further expanding its fleet of lower-emission vessels. The Singapore-based tanker arm of Malaysia’s top shipping line, MISC, said the latest deal marks a key step in its push to operate dual-fuel ships across all key tanker segments — aframax, …
https://splash247.com/aet-expands-dual-fuel-fleet-with-suezmax-pair-at-samsung-heavy/
https://splash247.com/aet-expands-dual-fuel-fleet-with-suezmax-pair-at-samsung-heavy/The commissioning of China's latest aircraft carrier this week marks a new chapter in its military modernisation effort but security analysts and regional diplomats say tough challenges lie ahead before it can be made fully operational.President…
https://www.marinelink.com/news/china-commissions-first-domestically-532143
https://www.marinelink.com/news/china-commissions-first-domestically-532143The UK offshore renewables sector has been put through its paces in a major emergency response exercise designed to test coordination among industry, government, and emergency services during a large-scale offshore incident.Organized by the Offshore Renewable Energy Emergency Forum (OREEF)…
https://www.marinelink.com/news/major-offshore-renewables-emergency-532145
https://www.marinelink.com/news/major-offshore-renewables-emergency-532145JERA Nex bp, a global offshore wind company, has seen the full commissioning into an operational state of a new hydrogen bunkering facility in the Port of Ostend.The Ostend Hydrogen Refueling Station seeks to fill a critical gap in the flow of green hydrogen from production to maritime users…
https://www.marinelink.com/news/jera-nex-bp-sees-full-commissioning-532153
https://www.marinelink.com/news/jera-nex-bp-sees-full-commissioning-532153Enbridge missed third-quarter profit estimates on Friday, pressured by higher financing costs from capital investments including U.S. gas utility acquisitions, sending its shares down nearly 2% in premarket trading.The Calgary-based pipeline…
https://www.marinelink.com/news/enbridge-misses-q-profit-estimates-higher-532156
https://www.marinelink.com/news/enbridge-misses-q-profit-estimates-higher-532156