Access cargoes, ship positions, ships and parts for sale, news, events and jobs
U.S. Secretary of State Antony Blinken criticised Beijing's "escalating and unlawful actions" in the South China Sea at a summit on Saturday, while his Russian counterpart said Washington has stoked anxiety with its plan for a nuclear deterrence…
https://www.marinelink.com/news/blinken-applauds-diplomacy-asean-meeting-515501
https://www.marinelink.com/news/blinken-applauds-diplomacy-asean-meeting-515501Baker Hughes cut its outlook for spending by oil producers on Friday, citing lower drilling activity by North American companies, joining other oilfield service companies in warning about softness in the region.However, the company raised its full-year revenue and profit estimates…
https://www.marinelink.com/news/baker-hughes-bets-foreign-demand-515503
https://www.marinelink.com/news/baker-hughes-bets-foreign-demand-515503ABS awarded approval in principle (AiP) to two new developments from Jiangnan Shipyard: a new insulation system and a modern design for an ultra large ethane carrier (ULEC).The ULEC design is the first equipped with the next-generation BrilliancE® II Type-B cargo containment system…
https://www.marinelink.com/news/liquefied-gas-cargo-containment-515505
https://www.marinelink.com/news/liquefied-gas-cargo-containment-515505Esgian provides an update on new rig deals in its Week 30 Rig Analytics Market Roundup.Report SummaryContractsValaris has been awarded a multi-year contract with Equinor Energy do Brasil, a subsidiary of Equinor, for the 12,000-ft drillship Valaris DS-17.
https://www.marinelink.com/news/esgian-week-report-new-deals-valaris-515506
https://www.marinelink.com/news/esgian-week-report-new-deals-valaris-515506This report is part of the S&P Global Commodity Insights’ Metals Trade Review series, where we dig through datasets and digest some of the key trends in iron ore , metallurgical coal, copper , alumina , cobalt , lithium , nickel and steel and scrap . We also explore what the next few months could ...
https://www.hellenicshippingnews.com/asian-met-coal-prices-seen-rangebound-in-q3-with-eyes-on-indian-appetite/
https://www.hellenicshippingnews.com/asian-met-coal-prices-seen-rangebound-in-q3-with-eyes-on-indian-appetite/Capesize The Capesize market experienced a steady decline this week, with the BCI 5TC falling from $24,521 on Monday to $21,676 by Friday. The Atlantic saw significant fixing activity, particularly from South Brazil to China, but an oversupply of tonnage in ballast and weakening demand led to a softening trend. The C3 index dropped from ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-segment-experiencing-downtrend/
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-segment-experiencing-downtrend/Pierre Aury warns there is a financial crisis looming that would make 2008 look like ‘a seaside picnic on a beautiful spring day’ In our last column we said that shipping is not an adiabatic system: it is a derivative of the world economy/geopolitical situation which is affected by decisions of lunatic politicians that no …
https://splash247.com/macro-problems-on-the-horizon/
https://splash247.com/macro-problems-on-the-horizon/Spanish police said on Friday they had seized four metric tons of cocaine hidden in rice sacks at Barcelona's port, breaking up a crime ring that operated in Spain, Paraguay and Britain.The drug smugglers processed the drugs into powder in Asuncion, Paraguay, and then put them plastic bags which wer
https://www.marinelink.com/news/authorities-major-cocaine-bust-port-515490
https://www.marinelink.com/news/authorities-major-cocaine-bust-port-515490Finland suspects a Russian vessel violated the Nordic country's territorial waters on Friday, the government said, in the latest incident to cloud relations between the two countries.The government said Friday's incident took place in the eastern Gulf of Finland."The Border Guard is investigating th
https://www.marinelink.com/news/finland-suspects-russian-vessel-515492
https://www.marinelink.com/news/finland-suspects-russian-vessel-515492An electric propulsion system conversion kit developed by power transmission technology company Twin Disc and distributor partner Palmer Johnson Power Systems has been approved by the California Air & Resources Board (CARB) under the Clean Off…
https://www.marinelink.com/news/carb-approves-twin-discs-electric-515493
https://www.marinelink.com/news/carb-approves-twin-discs-electric-515493