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Italian product tanker owner d’Amico International Shipping (DIS) has moved to renew its fleet with a fresh newbuilding deal in China, ordering two MR1 units at Guangzhou Shipyard International (GSI). The company said its operating arm, d’Amico Tankers has signed contracts for a pair of 40,000 dwt vessels at a price of $43.2m each. The …
https://splash247.com/damico-signs-up-mr1-newbuild-deal-in-china/
https://splash247.com/damico-signs-up-mr1-newbuild-deal-in-china/A majority of German business associations expect job cuts in 2026 as the country's economic crisis persists, with industry hit hardest by global protectionism and weak exports, a survey by the German Economic Institute IW showed on Monday.Of 46 business associations surveyed…
https://www.marinelink.com/news/shipbuilding-a-bright-spot-german-533901
https://www.marinelink.com/news/shipbuilding-a-bright-spot-german-533901Greece, Israel and Cyprus will step up joint air and naval exercises in the eastern Mediterranean in 2026, deepening their defence cooperation, Greek military officials and a senior source said on Monday.The three eastern Mediterranean nations…
https://www.marinelink.com/news/greece-israel-cyprus-step-defense-533902
https://www.marinelink.com/news/greece-israel-cyprus-step-defense-533902Iron ore futures prices rallied on Monday as top consumer China’s pledge of more proactive fiscal policies in 2026 boosted sentiment and demand hopes for the key steel-making ingredient. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! closed daytime trade 2.58% higher at 796.5 yuan ($113.66) a metric ton, after ...
https://www.hellenicshippingnews.com/iron-ore-rallies-as-china-pledges-more-proactive-fiscal-policies-in-2026/Supertanker specialist DHT Holdings has struck a deal to sell two of its three oldest VLCCs, continuing a steady refresh of its fleet as asset values remain firm. The New York-listed owner is shipping out the 2007-built DHT China and DHT Europe for a combined price of $101.6m. Both vessels were built at Hyundai and …
https://splash247.com/dht-trims-vintage-tonnage-with-twin-vlcc-sale/
https://splash247.com/dht-trims-vintage-tonnage-with-twin-vlcc-sale/If 2025 proved anything for Germany’s shipbuilding and marine equipment sector, it is that the industry retains both resilience and relevance, even amid geopolitical turbulence. According to The Association for Shipbuilding and Marine Technology (VSM)…
https://www.marinelink.com/news/german-shipbuilding-review-outlook-533891
https://www.marinelink.com/news/german-shipbuilding-review-outlook-533891For Major General Jason Kelly, Rebuilding and Maintaining the Nation’s Critical Waterway Infrastructure is personal.When Major General Jason Kelly reflects on his path to leading the United States Army Corps of Engineers’ (USACE) Civil Works mission, he doesn’t describe a straight line.
https://www.marinelink.com/news/usaces-major-general-jason-kelly-533892
https://www.marinelink.com/news/usaces-major-general-jason-kelly-533892The Jones Act at 46 U.S.C. § 55102 forms the basis of U.S. domestic waterborne commerce by limiting the transportation of merchandise between U.S. points to vessels that are U.S.-built, U.S.-owned, U.S.-crewed, and U.S.-flagged. The Jones Act…
https://www.marinelink.com/news/third-proviso-transportation-strategies-533893
https://www.marinelink.com/news/third-proviso-transportation-strategies-533893On Yonges Island, South Carolina, just up the Wadmalaw River from Charleston, the fourth-generation maritime company Stevens Towing Company continues to rewrite its own history. Long known for its towing and barge work, its ship repair business is growing at light speed…
https://www.marinelink.com/news/kings-point-yonges-island-kurt-olsen-vp-533894
https://www.marinelink.com/news/kings-point-yonges-island-kurt-olsen-vp-533894The maritime industry is entering a new era of accountability. Environmental standards are tightening, customer expectations are rising, and regulatory bodies are demanding more transparency than ever before. From carbon reporting to waste documentation to diversity and inclusion expectations…
https://www.marinelink.com/news/training-tips-ships-compliance-crunch-533896
https://www.marinelink.com/news/training-tips-ships-compliance-crunch-533896