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U.S. President Donald Trump's administration is on a mission to weaken China's global network of ports and bring more strategic terminals under Western control, according to three sources familiar with the plan.The drive is part of the most ambitious effort to expand U.S.
https://www.marinelink.com/news/chinas-hold-global-ports-focus-trump-530076
https://www.marinelink.com/news/chinas-hold-global-ports-focus-trump-530076EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it has signed an agreement to sell M/V Eirini P., a 76,466 dwt drybulk vessel, built in 2004, to an unaffiliated third party, for approximately $8.5 million. The vessel is expected to be delivered to ...
https://www.hellenicshippingnews.com/eurodry-ltd-announces-agreement-to-sell-m-v-eirini-p-a-2004-built-panamax-bulk-carrier/Erasmus Shipinvest Group has moved into the capesize segment, picking up its largest ship to date. Brokers reported in late August that undisclosed Greek interests had paid $26.2m for the Frontier Bonanza, a 179,000 dwt capesize built in 2010 at Hyundai Heavy Industries. Market sources have since linked the deal to John Su´s Erasmus. Founded …
https://splash247.com/erasmus-shipinvest-makes-capesize-debut/
https://splash247.com/erasmus-shipinvest-makes-capesize-debut/China’s largest containerline is doubling down on logistics at home and abroad, unveiling fresh investments in both the Pearl River Delta and Singapore’s Tuas megaport. On September 15, COSCO Container (Hong Kong), a wholly-owned arm of COSCO Shipping Holdings, signed a joint venture agreement with COSCO Shipping Logistics (Guangzhou), Shenzhen Port Logistics Group, and CCCC …
https://splash247.com/cosco-splashes-out-in-shenzhen-and-singapore-with-twin-logistics-bets/
https://splash247.com/cosco-splashes-out-in-shenzhen-and-singapore-with-twin-logistics-bets/Bulgarian authorities have arrested Igor Grechushkin, the Russian owner of the cargo ship tied to the 2,750 tonnes of ammonium nitrate that caused the catastrophic Beirut port explosion in August 2020, Lebanese judicial officials confirmed yesterday. Grechushkin, who also holds Cypriot citizenship, was detained at Sofia’s Vasil Levski airport last week after arriving on a …
https://splash247.com/beirut-blast-shipowner-arrested-in-bulgaria-five-years-after-port-tragedy/
https://splash247.com/beirut-blast-shipowner-arrested-in-bulgaria-five-years-after-port-tragedy/With 28 days to go until the vital extraordinary session of the Marine Environment Protection Committee (MEPC) convenes at the London headquarters of the International Maritime Organization (IMO), the battle lines have been drawn sharply. In a surprise intervention, Christopher Wiernicki, the departing chairman and CEO of ABS, the third largest shipping classification society in …
https://splash247.com/abs-boss-urges-timeout-on-imo-climate-push/
https://splash247.com/abs-boss-urges-timeout-on-imo-climate-push/Rheinmetall has agreed to buy Luerssen Group's warship division, NVL, as the German defence group seeks to expand in Europe and tap increased military spending across the continent.The move announced on Sunday by Rheinmetall, Europe's biggest ammunition maker…
https://www.marinelink.com/news/rheinmetall-buy-nvl-expansion-push-530026
https://www.marinelink.com/news/rheinmetall-buy-nvl-expansion-push-530026Sanctioned vessel Noble Walker carrying Russian oil has changed course to India's Vadinar port after the country's Adani Group banned entry of blacklisted ships at its Mundra port, ship tracking data showed on Monday.The Noble Walker, carrying…
https://www.marinelink.com/news/sanctioned-russian-oil-vessel-switches-530028
https://www.marinelink.com/news/sanctioned-russian-oil-vessel-switches-530028Eastern Shipbuilding Group, Inc. (ESG) has announced an agreement with HII’s Ingalls Shipbuilding Division to support the limited production of outfitted structural units for the U.S. Navy’s Flight III Arleigh Burke-class (DDG 51) guided missile…
https://www.marinelink.com/news/eastern-shipbuilding-group-inc-support-530031
https://www.marinelink.com/news/eastern-shipbuilding-group-inc-support-530031Voltron Future announced the launch of its CTV-26 RON, a high performance crew transfer vessel designed for the offshore wind sector. This project marks Voltron Future’s official entry into the maritime industry. Developed in consultation with wind farm operators and marine professionals…
https://www.marinelink.com/news/voltron-future-unveils-crew-transfer-530032
https://www.marinelink.com/news/voltron-future-unveils-crew-transfer-530032