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The Australian Federal Police (AFP) and the Australian Border Force have congratulated authorities in French Polynesia over the reported seizure of about 4.87 tonnes of cocaine intercepted in the Pacific Ocean, with the drugs reportedly bound…
https://www.marinelink.com/news/authorities-french-polynesia-bust-cocaine-534680
https://www.marinelink.com/news/authorities-french-polynesia-bust-cocaine-534680The U.S. military said it seized a Venezuela-linked tanker on Tuesday in the Caribbean, marking the seventh such apprehension since the start of U.S. President Donald Trump's month-long campaign to control Venezuela's oil flows.The U.S. military's Southern Command…
https://www.marinelink.com/news/us-seizes-seventh-venezuelalinked-tanker-534681
https://www.marinelink.com/news/us-seizes-seventh-venezuelalinked-tanker-534681Iron ore futures fell for a fourth session on Tuesday, as an accident at a Chinese steel factory triggered concerns over demand for the steelmaking ingredient. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! ended daytime trade 1% lower at 789.5 yuan ($113.43) a metric ton. The benchmark February iron ...
https://www.hellenicshippingnews.com/iron-ore-falls-on-demand-concerns-following-accident-at-chinese-steel-mill/A 5% increase in global steel exports in 2025 was driven by a surge in Chinese exports. Steel flows in 2025 are 5% higher than in 2024. China has driven the increase in outward steel flows, as its exports rose by 19%. Elsewhere, outward steel flows fell 2% y/y. Outlook to 2026, weak domestic steel ...
https://www.hellenicshippingnews.com/commodity-radar-china-continues-to-target-export-markets/
https://www.hellenicshippingnews.com/commodity-radar-china-continues-to-target-export-markets/The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry bulk commodities, extended gains on Tuesday, supported by strong demand across all vessel segments. The main index, which tracks rates for capesize, panamax and supramax vessels, added 79 points, or 4.8%, to 1,729. The index was up for a third straight ...
https://www.hellenicshippingnews.com/baltic-index-rises-on-firm-vessel-rates/
https://www.hellenicshippingnews.com/baltic-index-rises-on-firm-vessel-rates/UK-based marine services group James Fisher and Sons has taken a strategic minority stake in US autonomous vessel specialist Ocean Aero, joining the company’s Series D funding round. The investment gives James Fisher increased exposure to autonomous marine systems as it looks to expand its technology offering across offshore energy and defence markets. It also …
https://splash247.com/james-fisher-buys-stake-in-us-autonomous-vessel-specialist/
https://splash247.com/james-fisher-buys-stake-in-us-autonomous-vessel-specialist/AD Ports Group has moved deeper into European shipbuilding after snapping up Spain’s Astilleros Balenciaga shipyard, strengthening its push into offshore wind support vessels. The Abu Dhabi-listed group said its drydocks arm Safeen Drydocks, part of Noatum Maritime, has acquired 100% of the Basque-based yard for €11.2m ($13.1m). The deal adds another foothold in Spain …
https://splash247.com/ad-ports-buys-into-spanish-shipbuilding-with-astilleros-balenciaga-takeover/
https://splash247.com/ad-ports-buys-into-spanish-shipbuilding-with-astilleros-balenciaga-takeover/James Fisher and Sons has invested in U.S.-based autonomous marine technology company Ocean Aero, taking a strategic minority stake as part of Ocean Aero’s Series D funding round.The investment increases James Fisher’s exposure to autonomous…
https://www.marinelink.com/news/james-fisher-backs-us-autonomous-vessel-534641
https://www.marinelink.com/news/james-fisher-backs-us-autonomous-vessel-534641Two of San Diego Bay’s most cherished working vessels have earned national recognition. The Silvergate (built in 1940) and the Cabrillo have been officially listed on the National Register of Historic Places by the U.S. Department of the Interior.
https://www.marinelink.com/news/san-diegos-historic-ferries-added-534645
https://www.marinelink.com/news/san-diegos-historic-ferries-added-534645Robert Allan Ltd. has announced that Ms. Yufei Huang has earned her accreditation as a Professional Engineer with Engineers and Geoscientists British Columbia (EGBC).Yufei is a valued member of the Naval Architecture and Weight Engineering team at Robert Allan Ltd.
https://www.marinelink.com/news/robert-allan-engineer-yufei-huang-earns-534646
https://www.marinelink.com/news/robert-allan-engineer-yufei-huang-earns-534646