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Norwegian offshore vessel owner DOF bags two new contracts in the Asia-Pacific region. The first deal is a three-year frame agreement for the provision of subsea inspection, maintenance, and repair services with associated assets in the APAC region. A call-off under the contract has also been confirmed and will utilise the 2011-built DSV Skandi Singapore …
https://splash247.com/dof-lines-up-new-apac-gigs-for-vessel-tandem/
https://splash247.com/dof-lines-up-new-apac-gigs-for-vessel-tandem/The North Sea Boulevard and Maasvlakte Boulevard are reopened to traffic as TenneT's cables for connecting two offshore wind farms are now buried in the seabed along the road. The high-voltage cables for the future IJmuiden Ver Beta and IJmuiden…
https://www.marinelink.com/news/north-sea-boulevard-reopens-tennet-533831
https://www.marinelink.com/news/north-sea-boulevard-reopens-tennet-533831BP has agreed to sell a 65% stake in its Castrol lubricants business to infrastructure investor Stonepeak at an enterprise value of about $10 billion, as the energy major presses ahead with its divestment program and balance sheet repair.The…
https://www.marinelink.com/news/bp-sells-majority-stake-castrol-stonepeak-533843
https://www.marinelink.com/news/bp-sells-majority-stake-castrol-stonepeak-533843Two vessels from CMA CGM, the world's third-largest container shipping line, have travelled through the Suez Canal, the authority that runs the waterway said on Tuesday, in a sign the disruptions linked to the Gaza war could be easing.While…
https://www.marinelink.com/news/cma-cgm-vessels-navigate-suez-canal-533830
https://www.marinelink.com/news/cma-cgm-vessels-navigate-suez-canal-533830The North Sea Boulevard and Maasvlakte Boulevard are reopened to traffic as TenneT's cables for connecting two offshore wind farms are now buried in the seabed along the road. The high-voltage cables for the future IJmuiden Ver Beta and IJmuiden…
https://www.marinelink.com/news/north-sea-boulevard-maasvlakte-reopens-533831
https://www.marinelink.com/news/north-sea-boulevard-maasvlakte-reopens-533831Venezuela's state-run oil company PDVSA has started filling tankers with crude and fuel oil and keeping them in Venezuelan waters, as inventories have mounted due to the U.S. seizing Venezuela-linked ships at sea, according to company documents and shipping data.This month, the U.S.
https://www.marinelink.com/news/venezuela-turns-floating-oil-storage-533834
https://www.marinelink.com/news/venezuela-turns-floating-oil-storage-533834Venezuela's ruling-party controlled National Assembly unanimously approved a law on Tuesday that allows prison sentences of up to 20 years for anyone who promotes or finances what it describes as piracy or blockades.The law, which includes "other international crimes", comes after recent U.S.
https://www.marinelink.com/news/venezuela-passes-law-against-piracy-533835
https://www.marinelink.com/news/venezuela-passes-law-against-piracy-533835Iron ore futures prices closed lower on Tuesday, weighed by steel mills undergoing annual furnace maintenance and rising Chinese port inventories. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) traded 0.26% lower at 778.5 yuan ($110.77) a metric ton. The benchmark January iron ore (SZZFF6) on the Singapore Exchange was 0.39% ...
https://www.hellenicshippingnews.com/iron-ore-slips-as-mill-maintenance-rising-china-port-stocks-weigh/The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to an over five-month low on Tuesday, as rates across all vessel segments declined. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 90 points, or 4.5%, to 1,889 points, its ...
https://www.hellenicshippingnews.com/baltic-index-falls-to-five-month-low-as-vessel-rates-decline-across-the-board/Bauxite exports from Guinea have experienced uninterrupted y/y growth every month so far in 2025, with the final month of December likely to be no different. As a result, bauxite exports from Guinea are likely to reach 175mt, 22% higher than in 2024. This has led to bauxite being the best-performing capesize commodity behind iron ...
https://www.hellenicshippingnews.com/bauxite-helps-to-hold-the-capesize-market/
https://www.hellenicshippingnews.com/bauxite-helps-to-hold-the-capesize-market/