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JERA, Japan's biggest power generator, has agreed to new supply deals for U.S. liquefied natural gas from four projects to diversify its global portfolio away from its reliance on Australia, it said on Thursday.JERA plans to buy up to 5.5 million metric tons per annum (mtpa) of U.S.
https://www.marinelink.com/news/jera-agrees-new-us-lng-supply-deals-526770
https://www.marinelink.com/news/jera-agrees-new-us-lng-supply-deals-526770Nasdaq-listed owner Toro Corp has made a swift return to the tankers segment with the acquisition of a modern MR unit. The Petros Panagiotidis-led spinoff of Cyprus-based Castor Maritime has struck a deal for an unnamed 2021-built products carrier costing $36.25m. The company said it would fund the acquisition with cash on hand and that …
https://splash247.com/toro-circles-back-to-tankers-with-36m-mr-deal/
https://splash247.com/toro-circles-back-to-tankers-with-36m-mr-deal/The United Kingdom Maritime Trade Operations said in an advisory note on Wednesday that it was aware of increased tensions in the Middle East which could lead to an escalation of military activity having a direct impact on mariners.The UKMTO…
https://www.marinelink.com/news/ukmto-warns-impact-mariners-increasing-526751
https://www.marinelink.com/news/ukmto-warns-impact-mariners-increasing-526751Proactive measures supporting marine biodiversity create operational efficiencies and attract commercial incentives, according to a new Lloyd’s Register (LR) report, launched June 11 at the UN Ocean Conference 2025 in Nice, France.The Shipping Biodiversity Report offers practical…
https://www.marinelink.com/news/lloyds-register-considered-approach-526755
https://www.marinelink.com/news/lloyds-register-considered-approach-526755Classification society Bureau Veritas Marine & Offshore (BV) has issued a formal Review Attestation for Survitec’s Seahaven evacuation system, confirming its status as a novel life-saving appliance (LSA) under IMO Resolution A.520(13). The attestation…
https://www.marinelink.com/news/survitecs-seahaven-evacuation-system-526756
https://www.marinelink.com/news/survitecs-seahaven-evacuation-system-526756Global digital shipbuilder Incat Crowther has been commissioned by Los Angeles operator Catalina Express to design a new low-emission, renewable diesel-powered passenger ferry. The new ferry will form part of the Port of Los Angeles’ $31 million…
https://www.marinelink.com/news/incat-crowther-commissioned-design-526757
https://www.marinelink.com/news/incat-crowther-commissioned-design-526757EV Maritime, New Zealand’s leading electric ferry design and technology company, announced the launch of its first fully electric passenger ferry. The new vessel will operate between downtown Auckland and the suburb of Half Moon Bay.This is the first of the EVM200 class…
https://www.marinelink.com/news/ev-maritime-launches-first-electric-ferry-526758
https://www.marinelink.com/news/ev-maritime-launches-first-electric-ferry-526758The House Appropriations Committee's Defense subcommittee released its draft bill for fiscal-year 2026 late on Tuesday, which aims to buy one additional F-35 jet versus the Pentagon's 2025 budget request and make investments in naval vessels…
https://www.marinelink.com/news/us-congress-presses-boost-navy-air-force-526759
https://www.marinelink.com/news/us-congress-presses-boost-navy-air-force-526759Iron ore futures prices rebounded on Wednesday, as signs of progress in trade talks between the world’s two largest economies bolstered sentiment, although uncertainty over a final agreement and softening steel demand capped further gains. Officials from the United States and China, the world’s largest iron ore consumer, agreed on a framework to put their ...
https://www.hellenicshippingnews.com/iron-ore-rebounds-as-traders-cheer-sino-us-trade-progress/
https://www.hellenicshippingnews.com/iron-ore-rebounds-as-traders-cheer-sino-us-trade-progress/China’s coal imports could drop by up to 100 million metric tons in 2025, an official at a major industry group said, potentially putting further pressure on key price benchmarks already trading at multi-year lows. Imports by the world’s largest consumer, importer and producer of the fossil fuel rose to a record high of 542.7 ...
https://www.hellenicshippingnews.com/china-coal-imports-could-drop-by-up-to-100-million-tons-in-2025-industry-group-says/