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Chinese shipowner Hainan Yuzhou International Shipping is expanding its fleet of specialised cargo carriers through a newbuilding deal at a domestic yard. The company has ordered a new 12,000 dwt heavylift deck carrier at Yihai Heavy Industry – a Yangzhou yard that has delivered various specialised ships for Chinese operators in recent years. The 150-m-long …
https://splash247.com/hainan-yuzhou-shipping-books-deck-carrier-newbuild/
https://splash247.com/hainan-yuzhou-shipping-books-deck-carrier-newbuild/The Port Authority of Valencia (PAV) presented its Strategic Plan at the Clock Building of the Port of Valencia, outlining a vision and series of projects with a clear target year of 2035.This is a ten-year plan designed to consolidate Valenciaport as a generator of wealth and quality employment…
https://www.marinelink.com/news/port-authority-valencia-presents-527973
https://www.marinelink.com/news/port-authority-valencia-presents-527973Anschütz has designed an integrated Autonomous Navigation and Command System for naval vessels. Using proven, readily available and type-approved components, it provides navies with enhanced safety and sustainable capability for unmanned systems…
https://www.marinelink.com/news/anschtz-introduces-autonomous-navigation-527974
https://www.marinelink.com/news/anschtz-introduces-autonomous-navigation-527974Seaspan Vancouver Shipyards has signed a Memorandum of Understanding with Stigterstaal Canada and Algoma Steel Inc. to explore a strategic partnership aimed at reestablishing a domestic steel supply chain focused on bolstering and expanding…
https://www.marinelink.com/news/seaspan-signs-mou-reestablish-domestic-527981
https://www.marinelink.com/news/seaspan-signs-mou-reestablish-domestic-527981BPMI, a defense prime contractor for the Naval Nuclear Propulsion Program, has partnered with Gecko Robotics to introduce advanced manufacturing technology that supports the production of high-quality components installed aboard U.S. Navy nuclear-powered aircraft carriers and submarines.
https://www.marinelink.com/news/bpmi-gecko-robotics-partner-accelerate-527983
https://www.marinelink.com/news/bpmi-gecko-robotics-partner-accelerate-527983Metal Shark has announced the delivery of a new 40’ x 12’ welded aluminum monohull pilothouse fireboat to Tampa Fire Rescue. Designed in-house by Metal Shark and built at the company’s Jeanerette, Louisiana production facility, the new vessel…
https://www.marinelink.com/news/metal-shark-delivers-first-two-new-boats-527984
https://www.marinelink.com/news/metal-shark-delivers-first-two-new-boats-527984Iron ore futures prices rebounded on Tuesday, reversing early losses as positive economic data and strengthening ties between major producer Australia and top consumer China outweighed persistent weakness in China’s property sector. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) traded 0.13% higher at 767 yuan ($106.91) a metric ton. The ...
https://www.hellenicshippingnews.com/iron-ore-reverses-early-losses-on-positive-economic-data-improving-australia-ties/Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced it has closed a $600 million revolving credit facility, amending its existing facility to provide significant capacity to pursue accretive growth opportunities among other uses. Key terms of the $600 million revolving credit facility include: ...
https://www.hellenicshippingnews.com/genco-shipping-trading-closes-new-600-million-revolving-credit-facility-increasing-borrowing-capacity-by-50/China’s imports of major commodities presented a mixed picture in the first half, but if there is a clear trend it is that the world’s top buyer of natural resources is increasingly sensitive to prices. Crude oil imports were barely higher over the first six months from the same period last year, liquefied natural gas ...
https://www.hellenicshippingnews.com/chinas-imports-of-major-commodities-show-rising-price-sensitivity/The Baltic Exchange’s main sea freight index, which tracks rates for vessels transporting dry bulk commodities, climbed on Tuesday to its highest level in a month, buoyed by broad-based gains across all vessel segments. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, gained 83 points, or 4.7%, to 1,866 points, ...
https://www.hellenicshippingnews.com/baltic-freight-index-buoyed-by-gains-across-segments/
https://www.hellenicshippingnews.com/baltic-freight-index-buoyed-by-gains-across-segments/