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France and Britain will outline plans for a multinational maritime mission in the Strait of Hormuz at talks between NATO and Gulf Arab foreign ministers on Tuesday, but diplomats say Iran's rejection of the initiative makes it unlikely to break…
https://www.marinelink.com/news/nato-allies-gulf-arab-ministers-discuss-540993
https://www.marinelink.com/news/nato-allies-gulf-arab-ministers-discuss-540993Gulf countries' dependence on oil shipments through the Strait of Hormuz could be significantly reduced by a pipeline linking the Gulf to Europe via Israel, Israel's energy minister said, allowing them also to bypass Red Sea shipping disruptions.Oil prices surged after the U.S.
https://www.marinelink.com/news/gulfeurope-oil-pipeline-minimize-red-sea-540995
https://www.marinelink.com/news/gulfeurope-oil-pipeline-minimize-red-sea-540995Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, finalized its acquisition of the Rolls-Royce Naval Handling facility in Peterborough, Ontario. The closing officially establishes the facility as FMD’s Canadian headquarters…
https://www.marinelink.com/news/fmd-completes-rollsroyce-acquisition-540999
https://www.marinelink.com/news/fmd-completes-rollsroyce-acquisition-540999Fincantieri announced that it has signed a contract with Marc-Henry Cruise Holdings LTD, Joint Owner/Operator of Four Seasons Yachts, for the construction of a third hospitality vessel. The value of this agreement, subject to financing and other typical terms and conditions…
https://www.marinelink.com/news/fincantieri-build-third-hospitality-541002
https://www.marinelink.com/news/fincantieri-build-third-hospitality-541002Seaspan Shipyards welcomed the Government of Canada’s announcement of ThyssenKrupp Marine Systems (TKMS) as the strategic build partner for the Canadian Patrol Submarine Project (CPSP). The project aligns with Canada’s Defence Industrial Strategy…
https://www.marinelink.com/news/seaspan-welcomes-tkms-build-partner-541006
https://www.marinelink.com/news/seaspan-welcomes-tkms-build-partner-541006TKMS welcomed the Government of Canada's decision to select Team 212CD as the Preferred Supplier for the Canadian Patrol Submarine Project (CPSP), delivering twelve 212CD submarines. The announcement marks a new chapter in defense cooperation between Canada…
https://www.marinelink.com/news/tkms-selected-preferred-supplier-canadian-541007
https://www.marinelink.com/news/tkms-selected-preferred-supplier-canadian-541007DOF Group ASA announced a large contract award for Subsea Construction and Pre Commissioning Support services in the APAC Region.Skandi Inventor will be deployed for the execution of the offshore operations scheduled to commence in Q4 2026 in…
https://www.marinelink.com/news/dof-group-wins-contract-award-apac-region-541008
https://www.marinelink.com/news/dof-group-wins-contract-award-apac-region-541008ACUA Ocean's Mk1 USV PIONEER has successfully completed a five-day remotely operated offshore demonstration, validating persistent, multi-domain maritime operations using an uncrewed surface vessel.On Monday 22 June 2026, PIONEER departed Turnchapel Wharf…
https://www.marinelink.com/news/acua-ocean-usv-collects-hours-continuous-541009
https://www.marinelink.com/news/acua-ocean-usv-collects-hours-continuous-541009China purchased at least 6-7 cargoes of US soybeans on July 6, equivalent to about 330,000 metric tons, according to multiple traders, buyers, sellers and analysts based in Asia. The purchases were for shipments from September to November to both the US Gulf Coast (USG) and Pacific Northwest (PNW) ports. A Chinese soybean buyer estimated ...
https://www.hellenicshippingnews.com/china-buys-at-least-7-us-soybean-cargoes-amid-renewed-demand-traders/The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was up for the sixth consecutive session on Tuesday, rising by 2.8% to its highest since June 8 at 2,875 points. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, also advance for the sixth ...
https://www.hellenicshippingnews.com/baltic-dry-index-at-near-1-month-high/
https://www.hellenicshippingnews.com/baltic-dry-index-at-near-1-month-high/