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"Global fertilizer shipments have fallen 11% y/y since the start of the Iran war. The closure of the Strait of Hormuz has restricted fertilizer exports from the Persian Gulf, tightening the global supply and increasing prices. The ceasefire…
https://www.marinelink.com/news/fertilizer-shipments-bounce-back-usiran-540441
https://www.marinelink.com/news/fertilizer-shipments-bounce-back-usiran-540441ALMACO Group Inc., a leader in engineering, procurement, and construction (EPC solutions) for the marine and offshore industries, has officially announced its expansion into League City, Texas. Operational from June, 2026, the new location, operating under the name ALMACO Gulf Coast…
https://www.marinelink.com/news/almaco-group-opens-new-facility-league-540443
https://www.marinelink.com/news/almaco-group-opens-new-facility-league-540443Marlink, a leader in managed services for business-critical digital solutions, has been selected by TUI Cruises to deliver digital experiences for guests, crew and ship operations through a fully managed hybrid connectivity and digital services platform for Mein Schiff Flow…
https://www.marinelink.com/news/marlink-provides-connectivity-tui-cruises-540444
https://www.marinelink.com/news/marlink-provides-connectivity-tui-cruises-540444CORE POWER has launched a feasibility study to evaluate the use of BWX Technologies' mPower small modular reactor (SMR) technology in floating nuclear power plants designed to be built in shipyards and deployed near energy demand centers.The study will assess technical…
https://www.marinelink.com/news/core-power-assess-reactor-tech-floating-540445
https://www.marinelink.com/news/core-power-assess-reactor-tech-floating-540445The Netherlands Coast Guard has appointed Klaasjan Schipper as its new director, succeeding Nicole Kuipers, who led the organization since 2022.Schipper officially assumed the role on June 17 during a handover ceremony in Den Helder, becoming the tenth director in the Coast Guard's history.
https://www.marinelink.com/news/schipper-takes-helm-netherlands-coast-540451
https://www.marinelink.com/news/schipper-takes-helm-netherlands-coast-540451The US Department of the Interior has announced that it will buy back four offshore leases from the Chicago-based developer Invenergy. As part of the settlement agreement, Invenergy will voluntarily terminate its affiliates’ four offshore wind leases located in the New York Bight, California, and the Gulf of Maine for $765m. The company will redirect that …
https://splash247.com/trump-administration-to-buy-back-four-offshore-wind-leases-from-invenergy/
https://splash247.com/trump-administration-to-buy-back-four-offshore-wind-leases-from-invenergy/The EU is on course to fall short of its legally mandated carbon capture and storage target by at least 17.5m tonnes per year, even if every project in advanced development proceeds as planned. The analysis from Wood Mackenzie was done as an independent study commissioned by ExxonMobil, OMV Petrom, Shell, and TotalEnergies. WoodMac’s analysis …
https://splash247.com/eu-set-to-miss-carbon-storage-target-by-at-least-17-5-mtpa/
https://splash247.com/eu-set-to-miss-carbon-storage-target-by-at-least-17-5-mtpa/Critical minerals have become strategic assets, prompting governments to rethink trade relationships and driving a wave of industrial projects into new and often challenging locations, writes Pappu Sastry, the CEO of ASL. I’ve been reading through UNCTAD’s latest work on critical minerals and global trade, and honestly, it’s one of those reports that doesn’t just …
https://splash247.com/the-easy-era-of-critical-mineral-trade-is-over/
https://splash247.com/the-easy-era-of-critical-mineral-trade-is-over/Two US companies have filed class-action lawsuits against a group of container manufacturers accused by American prosecutors of conspiring to restrict output and fix prices in the global dry container market. The lawsuits, filed separately by manufacturer CA Spalding Company and shipping company Daybreak Express earlier this month, seek monetary damages and follow closely on …
https://splash247.com/us-firms-sue-container-makers-over-alleged-price-fixing-scheme/
https://splash247.com/us-firms-sue-container-makers-over-alleged-price-fixing-scheme/A newly signed interim agreement between the United States and Iran has reopened the Strait of Hormuz and established a framework for ending hostilities, but significant uncertainty remains over how the deal will be implemented and what it could mean for global shipping in the months ahead. The 14-point “Islamabad Memorandum of Understanding” was signed …
https://splash247.com/hormuz-reopens-under-us-iran-deal-amid-uncertainty-over-future-transit-fees/
https://splash247.com/hormuz-reopens-under-us-iran-deal-amid-uncertainty-over-future-transit-fees/