ShipOracle News
Shipping giant CMA CGM said on Thursday that brisk international trade and Red Sea disruption supported its main maritime division in the second quarter and should limit any market slowdown later this year as new ship capacity arrives.The world's…
https://www.marinelink.com/news/cma-cgm-sees-shipping-demand-holding-515474
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A marine tanker carrying industrial fuel sank in rough seas off the Philippines on Thursday, causing the death of a crew member and an oil spill that could spread to waters off the capital Manila, officials said.Sixteen of the 17 crew members of MT Terra Nova have been rescued…
https://www.marinelink.com/news/oil-spill-threatens-philippines-capital-515475
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Three ships from Russia’s Baltic Fleet will arrive in Cuba on Saturday, official media said on Thursday, the second visit by Russian naval vessels since June.A brief statement by the Cuban Revolutionary Armed Forces said the visit was routine, but back-to-back naval visits by any country to Cuba hav
https://www.marinelink.com/news/russian-warships-arrive-cuba-saturday-515476
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Italian energy contractor Saipem, which has traditionally focused on oil and gas contracts, sees business opportunities arising in low-carbon areas including green ammonia and offshore wind, its CEO said on Thursday.Speaking with journalists the day after releasing first-half results…
https://www.marinelink.com/news/saipem-sees-business-opportunities-green-515477
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China National Offshore Oil Company (CNOOC) said on Thursday it signed strategic alliance agreement with Abu Dhabi National Oil Company (ADNOC) to deepen cooperation.Under the agreement, the companies will cooperate in oil, gas exploration and production, oilfield services and the trading of crude o
https://www.marinelink.com/news/cnooc-adnoc-agree-deepen-cooperation-515478
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As part of a settlement with the U.S. Department of Labor, Maersk Line Limited will change its safety reporting policies and compensate a seaman the company terminated after they reported safety concerns to the U.S. Coast Guard without first…
https://www.marinelink.com/news/us-investigation-leads-maersk-change-515479
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Despite stating that the transport of unweaned calves from Ireland to France is in breach of EU law, the European Commission has so far failed to take action against it, says Ethical Farming Ireland.In an audit report published in December 2023…
https://www.marinelink.com/news/european-commission-urged-action-calves-515482
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A bulk carrier came within 200 m of grounding in the Great Barrier Reef after a GPS unit onboard the ship began providing false information to the pilot and crew on board, an ATSB final report details.The near grounding occurred early on the morning of May 4…
https://www.marinelink.com/news/pilotage-concerns-raised-near-grounding-515483
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ShipOracle News
Greek tanker owner and operator Top Ships has won long-term charter extensions for two eco MR tankers at a bumper rate. Top Ships said that the 50,000 dwt eco MR tankers Eco Yosemite Park and Eco Joshua Park were awarded seven-year extensions. The company’s subsidiaries own 50% of the vessels while the other 50% is …
https://splash247.com/top-ships-bags-100m-in-charter-extensions-for-mr-tanker-duo/
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ShipOracle News
Iron ore futures prices lost further ground on Thursday, weighed by strong global supply and top consumer China’s persistently weak steel market, although hints of heavier monetary stimulus helped limit losses. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) fell for a fifth straight session to close daytime trade with a ...
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