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AV Dawson, owner and operator of Port of Middlesbrough, has signed a long-term partnership with Italian offshore cable manufacturer, Prysmian. The Italian firm, which has been a tenant at Port of Middlesbrough for several years, has signed a 10-year agreement…
https://www.marinelink.com/news/prysmian-cements-partnership-port-513841
https://www.marinelink.com/news/prysmian-cements-partnership-port-513841The upcoming U.S. soybean harvest is expected to approach record levels, but exporters had sold practically none of it as of last week, a typical time when new-crop sales may start to roll in. As of May 9, U.S. soybean export sales for the 2024-25 marketing year starting Sept. 1 had reached just 890,387 metric ...
https://www.hellenicshippingnews.com/us-soy-exporters-off-to-worst-new-crop-start-in-23-years-amid-chinas-absence/
https://www.hellenicshippingnews.com/us-soy-exporters-off-to-worst-new-crop-start-in-23-years-amid-chinas-absence/Capesize This week, the Capesize market saw a steady decline, with the BCI 5TC beginning at $25,773 and dropping daily, except for a modest rise of $962 today, ending the week at $22,180. Despite healthy cargo volumes in the Pacific, market activity was sluggish as the week got under way, partly due to holidays in ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-market-under-pressure/
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-market-under-pressure/Austal USA celebrated the christening of the company’s 19th Independence-variant Littoral Combat Ship (LCS) today – the future USS Pierre (LCS 38). Ship sponsor Larissa Thune Hargens executed the ceremonial bottle break over the bow of Pierre.Hargens…
https://www.marinelink.com/news/future-uss-pierre-lcs-christened-513825
https://www.marinelink.com/news/future-uss-pierre-lcs-christened-513825An anti-ship missile reportedly fired by Houthi militants hit a Panamanian-flagged oil tanker off Yemen's Red Sea coast on Saturday, but multiple reports indicate the ship incurred minimal damage and was able to maintain course.There were no casualties reported by the ship, U.S.
https://www.marinelink.com/news/houthis-missile-hits-mark-oil-laden-513826
https://www.marinelink.com/news/houthis-missile-hits-mark-oil-laden-513826A launching ceremony of the Logistic Support Ship (LSS) Atlante took place at Fincantieri's shipyard in Castellammare di Stabia.Atlante will be delivered in 2025 and is the second unit of this type built for the Navy. The first, Vulcano, was…
https://www.marinelink.com/news/fincantieri-launches-navy-logistics-513823
https://www.marinelink.com/news/fincantieri-launches-navy-logistics-513823The Arab Shipbuilding and Repair Yard Company (ASRY) launched “Itqan”, an internal initiative focused on employee-led development and innovation. The campaign will encompass several development-focused projects, based on a strategy of open communication…
https://www.marinelink.com/news/asry-launch-itqan-initiative-513824
https://www.marinelink.com/news/asry-launch-itqan-initiative-513824LNG carrier pure-play Cool Company (CoolCo) has landed a 14-year charter deal with India’s top gas utility GAIL for one of its vessels under construction in South Korea. The New York and Oslo-listed owner and operator said the charter, starting in early 2025, comes with the option to extend by two additional years. The deal …
https://splash247.com/coolco-inks-long-term-charter-with-gail-for-lng-newbuild/
https://splash247.com/coolco-inks-long-term-charter-with-gail-for-lng-newbuild/Yesterday, DP World opened three new sites in Romania, adding much-needed capacity to marine infrastructure that has welcomed far more vessels in recent years. Constanta, the largest container port on the Black Sea, is now home to two new facilities following a €65m ($70.6m) investment: a 5 ha project cargo terminal and a new roro …
https://splash247.com/romania-gets-much-needed-port-upgrades/
https://splash247.com/romania-gets-much-needed-port-upgrades/The governor of Oregon has proposed a financial lifeline for the state’s only container terminal. Portland’s Terminal 6 has been scheduled to cease operations on October 1 this year, following the loss of regular shipping line clients and the departure of the terminal’s operator. However, Governor Tina Kotek yesterday proposed $40m in state funding to …
https://splash247.com/financial-lifeline-offered-to-oregons-only-container-terminal/
https://splash247.com/financial-lifeline-offered-to-oregons-only-container-terminal/