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Egypt's Suez Canal chief Osama Rabie said they are considering offering discounts ranging from 12% to 15% on transit fees.His statement came after revenue from the strategic canal continued to plunge on the back of attacks on shipping by Yemen's Houthis, who say they are trying to shut off cargo bou
https://www.marinelink.com/news/egypts-suez-canal-chief-shares-possible-525636
https://www.marinelink.com/news/egypts-suez-canal-chief-shares-possible-525636The developer of a major U.S. offshore wind project warned that it will cancel the Empire Wind facility off the coast of New York if it cannot reach a resolution over a stop-work order issued by the Trump administration in the coming days.Molly Morris, president of the U.S.
https://www.marinelink.com/news/equinor-cancel-new-york-offshore-wind-525637
https://www.marinelink.com/news/equinor-cancel-new-york-offshore-wind-525637Every mariner knows the routine: alarms sound, crew muster, checklists are followed, and then everyone returns to work. But the question remains—are these mandatory safety drills truly improving onboard safety, or have they simply become boxes to check?
https://www.marinelink.com/news/drill-dilemma-turning-routine-safety-525639
https://www.marinelink.com/news/drill-dilemma-turning-routine-safety-525639Mallows Bay, located on the Potomac River in Maryland, is not only a shipwreck site filled with decades of maritime cultural heritage, but it is also an excellent training ground for students immersed in studying maritime archaeology at East…
https://www.marinelink.com/news/fascinated-shipwrecks-podcast-episode-525641
https://www.marinelink.com/news/fascinated-shipwrecks-podcast-episode-525641ABS Chairman and Chief Executive Christopher J. Wiernicki spoke about the application of advanced strategies to improve shipbuilding competitiveness at the Manufacturing at Massachusetts Institute of Technology (MIT) Symposium.Speaking on the…
https://www.marinelink.com/news/wiernicki-presents-vision-new-525643
https://www.marinelink.com/news/wiernicki-presents-vision-new-525643Indonesia’s exports of thermal coal have dropped to their lowest in three years so far in 2025, dented by weak demand in China and India – the world’s two largest coal consumers. The world’s largest exporter of coal for power generation shipped out 150 million tons of thermal coal over the first four months of ...
https://www.hellenicshippingnews.com/indonesia-coal-exports-post-rare-decline-so-far-in-2025/
https://www.hellenicshippingnews.com/indonesia-coal-exports-post-rare-decline-so-far-in-2025/Iron ore futures prices climbed on Monday as the world’s two largest economies agreeing to a deal to slash reciprocal tariffs and a 90-day pause on measures lifted investor sentiment. The United States and China said on Monday they have agreed a deal to slash reciprocal tariffs as Washington and Beijing seek to end a ...
https://www.hellenicshippingnews.com/iron-ore-climbs-as-us-china-agree-to-slash-tariffs/
https://www.hellenicshippingnews.com/iron-ore-climbs-as-us-china-agree-to-slash-tariffs/The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose on Monday to snap a four-session losing streak buoyed by higher capesize and supramax rates. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, gained 5 points, or 0.39%, to 1,304, its ...
https://www.hellenicshippingnews.com/baltic-index-inches-up-on-higher-capesize-supramax-rates/
https://www.hellenicshippingnews.com/baltic-index-inches-up-on-higher-capesize-supramax-rates/In a significant curtailment of the trade war between the world’s two largest economies, the United States and China have agreed to considerably slash tariffs for the next 90 days. As part of the deal reached in Geneva over the weekend, US Treasury Secretary Scott Bessent said both countries would lower their reciprocal tariffs by 115%, …
https://splash247.com/us-and-china-agree-to-slash-tariffs/
https://splash247.com/us-and-china-agree-to-slash-tariffs/Norway’s Olympic has secured a five-year firm contract with Aker BP for the construction service operation vessel (CSOV) Olympic Notos. The deal with options for another five years will see the 2024 Ulstein-built unit serve as a dedicated walk-to-work vessel at the unmanned production platform Munin in the Yggdrasil area from the fourth quarter of …
https://splash247.com/olympic-scores-long-term-csov-contract-with-aker-bp/
https://splash247.com/olympic-scores-long-term-csov-contract-with-aker-bp/