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ZIM confirmed on Monday that Turkish authorities have barred Israeli-linked vessels from entering the country’s ports, in the latest escalation of Ankara’s sanctions against Israel. The Haifa-based line, the world’s ninth-largest container carrier, said that vessels that are either owned, managed or operated by an entity related to Israel will not be permitted to berth …
https://splash247.com/turkey-shuts-ports-to-israeli-linked-vessels-and-cargoes/
https://splash247.com/turkey-shuts-ports-to-israeli-linked-vessels-and-cargoes/Global shipping is realigning fleets in anticipation of October’s extra port fees to be levied by the US on China-linked tonnage. This is already being reflected in chartering decisions for transatlantic tanker and dry bulk fixtures with Chinese-built tonnage shifting to other parts of the globe. In the container sector, global liners are moving their …
https://splash247.com/carriers-reroute-fleets-to-sidestep-us-levy/
https://splash247.com/carriers-reroute-fleets-to-sidestep-us-levy/AMIGO LNG S.A. de C.V., a Mexican joint venture of Texas-based Epcilon LNG LLC and Singapore-based LNG Alliance, announced the execution of a long-term Sale and Purchase Agreement (SPA) with Macquarie Group, a global trading and financial services group.Under the agreement…
https://www.marinelink.com/news/amigo-lng-signs-year-lng-sale-purchase-529289
https://www.marinelink.com/news/amigo-lng-signs-year-lng-sale-purchase-529289Maritime software company OrbitMI has acquired Gale Force, a provider of maritime advisory services. Gale Force specializes in voyage optimization, environmental compliance, and voyage execution support.This acquisition represents a strategic…
https://www.marinelink.com/news/orbitmi-acquires-voyage-optimization-529296
https://www.marinelink.com/news/orbitmi-acquires-voyage-optimization-529296Rapid falls in the level of the Caspian Sea are affecting ports and oil shipments and threatening to inflict catastrophic damage on sturgeon and seal populations, according to Azerbaijani officials.The Caspian, the world's largest salt lake…
https://www.marinelink.com/news/shallowing-caspian-sea-impacts-oil-trade-529297
https://www.marinelink.com/news/shallowing-caspian-sea-impacts-oil-trade-529297Business Korea reports that Hanwha Ocean plans to invest an additional minimum of $70 million in Philly Shipyard.The aim is to increase productivity to 10 ships per year by 2035, up from the current rate of 1 to 1.5 ships per year.Hanwha Ocean…
https://www.marinelink.com/news/hanwha-boost-investment-philly-shipyard-529298
https://www.marinelink.com/news/hanwha-boost-investment-philly-shipyard-529298Cerberus Capital Management has entered a strategic partnership with HD Hyundai to launch a new maritime investment strategy, Cerberus Maritime.Cerberus Maritime is aligned with the U.S. Government’s initiative to revitalize the maritime capabilities of the United States and allied nations.
https://www.marinelink.com/news/cerberus-hd-hyundai-partner-maritime-529299
https://www.marinelink.com/news/cerberus-hd-hyundai-partner-maritime-529299Wallem Group has launched a suite of support and consultancy services to protect IT systems onboard its clients’ vessels from disruption.Its new Vessel IT Security and Management Services (VITS) have been developed with a ship's entire digital…
https://www.marinelink.com/news/wallem-launches-vessel-security-529301
https://www.marinelink.com/news/wallem-launches-vessel-security-529301The captain of an oil tanker and two officers accused of severing five undersea power and telecoms cables in the Baltic Sea last December, blamed technical faults for the damage as their trial began in Helsinki on Monday.NATO allies with forces…
https://www.marinelink.com/news/baltic-subsea-cable-cutting-suspects-529283
https://www.marinelink.com/news/baltic-subsea-cable-cutting-suspects-529283AMIGO LNG S.A. de C.V., a Mexican joint venture of Texas-based Epcilon LNG LLC and Singapore-based LNG Alliance, announced the execution of a long-term Sale and Purchase Agreement (SPA) with Macquarie Group, a global trading and financial services group.Under the agreement…
https://www.marinelink.com/news/amigo-lng-signs-year-lng-sale-purchase-529289
https://www.marinelink.com/news/amigo-lng-signs-year-lng-sale-purchase-529289