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Sweden-based marine batteries manufacturer Echandia announced it will open a production facility in Washington State in response to quickly-growing demand for maritime electrification products in the United States.Designed and certified for maritime use…
https://www.marinelink.com/news/eying-us-growth-echandia-produce-marine-515619
https://www.marinelink.com/news/eying-us-growth-echandia-produce-marine-515619Marine transportation and experiences company Hornblower Group announced it has appointed Mike Flaskey as its new chief executive officer.Flaskey will lead Hornblower through its next phase following the company's recent emergence from Chapter 11 bankruptcy under new ownership.
https://www.marinelink.com/news/hornblower-group-names-mike-flaskey-ceo-515620
https://www.marinelink.com/news/hornblower-group-names-mike-flaskey-ceo-515620The U.S. Senate on Wednesday confirmed Major General William H. “Butch” Graham Jr. as the 56th chief of engineers and commanding general of the U.S. Army Corps of Engineers. Graham is currently serving as the deputy chief of engineers and deputy…
https://www.marinelink.com/news/senate-confirms-graham-next-usace-chief-515621
https://www.marinelink.com/news/senate-confirms-graham-next-usace-chief-515621Mark Rayha has been selected to become the next president of Electric Boat, the submarine builder's parent company General Dynamics announced on Thursday.Rayha, who serves as the yard's current senior vice president and chief operating officer…
https://www.marinelink.com/news/rayha-succeed-graney-president-general-515622
https://www.marinelink.com/news/rayha-succeed-graney-president-general-515622The Old Hickory Lock on the Cumberland River is scheduled to reopen to commercial marine navigational the coming days after being drained for inspection and maintenance.Workers with the U.S. Army Corps of Engineers Nashville District recently…
https://www.marinelink.com/news/old-hickory-lock-drained-maintenance-515624
https://www.marinelink.com/news/old-hickory-lock-drained-maintenance-515624U.S. maritime companies Crowley and SEACOR Holdings on Thursday announced the formal launch of their joint venture Fairwater Holdings LLC, an independent U.S. company integrating the firms’ petroleum and chemical transportation vessels, capabilities…
https://www.marinelink.com/news/crowley-seacor-launch-fairwater-joint-515628
https://www.marinelink.com/news/crowley-seacor-launch-fairwater-joint-515628Seattle shipbuilder Snow & Company announced it has delivered the newly built plug-in hybrid research vessel Resilience for the Pacific Northwest National Laboratory.The first and only hybrid vessel in the Department of Energy's (DOE) fleet…
https://www.marinelink.com/news/snow-company-delivers-hybrid-research-515629
https://www.marinelink.com/news/snow-company-delivers-hybrid-research-515629Iron ore futures prices rose to a more than one-week high on Thursday, buoyed by top producer Rio Tinto’s optimistic demand outlook for top consumer China and continued hopes of more stimulus from the world’s second-largest economy. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 2.35% higher at ...
https://www.hellenicshippingnews.com/iron-ore-rises-to-more-than-1-week-high-on-upbeat-demand-outlook-china-stimulus-hopes/
https://www.hellenicshippingnews.com/iron-ore-rises-to-more-than-1-week-high-on-upbeat-demand-outlook-china-stimulus-hopes/This week’s chart illustrates the increase in the monthly volume of Brazilian iron ore shipments during May, June, and July this year, following a notable drop recorded during the first quarter. In July, there was a 13.4% increase in the monthly quantity of iron ore sent from Brazil to China compared to the same month ...
https://www.hellenicshippingnews.com/dry-weekly-market-monitor-ukrainian-grain-shipments-to-all-destinations/
https://www.hellenicshippingnews.com/dry-weekly-market-monitor-ukrainian-grain-shipments-to-all-destinations/Supply/demand balance We expect the supply/demand balance to strengthen in 2024 but weaken in 2025. Supply is estimated to grow by 3-4% in 2024 and 1.5-2.5% in 2025, while demand is projected to grow by 4.5-5.5% in 2024 and weaken by 1-2% in 2025. Freight rates are expected to stay strong during the rest of ...
https://www.hellenicshippingnews.com/bimco-expects-the-supply-demand-balance-to-strengthen-in-2024-but-weaken-in-2025/
https://www.hellenicshippingnews.com/bimco-expects-the-supply-demand-balance-to-strengthen-in-2024-but-weaken-in-2025/