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The European Union officially rolled out its 18th sanctions package today, overcoming opposition from Slovakia earlier in the week. The sanctions are aimed squarely at crippling Moscow’s revenue streams and tightening the noose on its shadow fleet of sanctioned tankers Under the new measures, the oil price cap for Russian crude will be tightened—reduced to …
Shipbuilding hogged the headlines at Splash this week with images of the White House and its occupant down considerably week-on-week. The East Asian shipbuilding tango – one of the persistent shipping news themes of 2025 – garnered the most column inches. A contraction in Chinese shipbuilding orders has been registered in the first half of …
https://splash247.com/splash-wrap-shipyards-and-geopolitics/
https://splash247.com/splash-wrap-shipyards-and-geopolitics/Water treatment specialist BIO-UV Group has introduced a new Compliancy & Performance Agreement (C&P Agreement) solution for shipmanagers looking to ensure their BIO-SEA ballast water treatment systems remain regulatory compliant and operationally…
https://www.marinelink.com/news/biouv-group-introduces-compliancy-528073
https://www.marinelink.com/news/biouv-group-introduces-compliancy-528073China is threatening to block the sale of more than 40 ports, owned by Hong Kong-based CK Hutchison, to BlackRock and Mediterranean Shipping Company (MSC) if Chinese shipping company Cosco does not get a stake, the Wall Street Journal reported on Thursday…
https://www.marinelink.com/news/china-threatens-block-ports-sale-unless-528075
https://www.marinelink.com/news/china-threatens-block-ports-sale-unless-528075A new national report from Women in Transport warns that the UK's transport industry is not only failing to make progress on gender equity, but it is now actively losing ground. The 2025 Women in Transport Equity Index, based on the organization's second sector-wide survey…
https://www.marinelink.com/news/uk-transport-sector-falling-behind-gender-528076
https://www.marinelink.com/news/uk-transport-sector-falling-behind-gender-528076Amon Maritime has entered into a joint venture with Navigator Holdings Ltd., the owner and operator of the world’s largest fleet of handysize liquefied gas carriers.Pursuant to the Joint Venture, Navigator will acquire approximately 80% of the joint venture company…
https://www.marinelink.com/news/amon-maritime-navigator-holdings-partner-528080
https://www.marinelink.com/news/amon-maritime-navigator-holdings-partner-528080On July 16, Kathy A. Smith released her latest Fascinated by Shipwrecks Podcast where she speaks to Brenden St John, Head of Ocean Science at Voyis Imaging Inc, about the wreck of the Endurance.Endurance was the three-masted barquentine that Sir Ernest Shackleton sailed to the Antarctic in 1914.
https://www.marinelink.com/news/true-color-endurance-528084
https://www.marinelink.com/news/true-color-endurance-528084In April, the IMO member states took a historic step by agreeing to the Net-Zero Framework (NZF) – the world’s first global emissions price for an entire industry.The International Chamber of Shipping (ICS) fully supports the framework but says…
https://www.marinelink.com/news/ics-concerned-potential-complexity-imos-528086
https://www.marinelink.com/news/ics-concerned-potential-complexity-imos-528086Iron ore futures gained for a second straight session on Thursday, buoyed by firm steel demand amid production curbs in top Chinese steelmaking regions. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! rose 1.81% to 785.5 yuan ($109.39) a metric ton. The benchmark August iron ore (SZZFQ5) on the Singapore ...
https://www.hellenicshippingnews.com/iron-ore-rises-on-strong-china-steel-demand-production-curbs/
https://www.hellenicshippingnews.com/iron-ore-rises-on-strong-china-steel-demand-production-curbs/The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, climbed to its highest level in more than nine months on Thursday, driven by a sharp rise in capesize vessel rates. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, gained 124 points, or 6.5%, ...
https://www.hellenicshippingnews.com/baltic-dry-index-hits-over-9-month-high-on-capesize-surge/
https://www.hellenicshippingnews.com/baltic-dry-index-hits-over-9-month-high-on-capesize-surge/