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Russia has spent $14bn buying just over 400 tankers for its so-called shadow fleet since May 2022, an armada that is now struggling to deliver exports around the world, according to new data from Navigating Russia, a substack penned by former Wall Street banker Craig Kennedy. Large-scale tanker sanctions in 2025 have helped significantly reduce …
https://splash247.com/14bn-moscows-shadow-fleet-outlay-over-the-last-three-years/
https://splash247.com/14bn-moscows-shadow-fleet-outlay-over-the-last-three-years/Donald Trump, the American president, has claimed that after more than 17 months, the Red Sea shipping crisis is coming to a close. Speaking at the White House yesterday, Trump said Yemen’s Houthis have agreed to halt their attacks on shipping and that Washington would in turn stop carrying out strikes on the Iran-backed rebels. …
https://splash247.com/trump-declares-end-to-red-sea-shipping-crisis/
https://splash247.com/trump-declares-end-to-red-sea-shipping-crisis/Brazil's Petrobras is looking to attract foreign investments to boost local shipyards, said the state-run oil firm's CEO Magda Chambriard on Tuesday.Petrobras is looking for strong companies to partner with shipyards to build more ships locally…
https://www.marinelink.com/news/petrobras-seeks-foreign-partnerships-525430
https://www.marinelink.com/news/petrobras-seeks-foreign-partnerships-525430President Donald Trump announced on Tuesday the U.S. will stop bombing the Houthis in Yemen, saying that the Iran-aligned group had agreed to stop interrupting important shipping lanes in the Middle East.After Trump made the announcement, Oman said it had mediated the ceasefire deal…
https://www.marinelink.com/news/trump-announces-deal-stop-bombing-houthis-525431
https://www.marinelink.com/news/trump-announces-deal-stop-bombing-houthis-525431Malta's government said on Tuesday it would carry out repairs in international waters on a humanitarian aid ship which was reportedly bombed by two drones early on Friday.The "Conscience" is operated by the Freedom Flotilla Coalition, an international…
https://www.marinelink.com/news/malta-repair-gaza-aid-ship-525432
https://www.marinelink.com/news/malta-repair-gaza-aid-ship-525432ABS has awarded approval in principle to Seatrium Marine & Deepwater Technology for its new design of a floating wind semi-submersible floating column foundation for 15MW wind turbines.Seatrium highlights that the design is optimized for efficient…
https://www.marinelink.com/news/abs-approves-new-floating-offshore-wind-525433
https://www.marinelink.com/news/abs-approves-new-floating-offshore-wind-525433The Lakes Carriers' Association reports that limestone shipments in the Great Lakes totaled 1.8 million net tons, a decrease of 21.6% compared to a year ago. Loadings were also below the month’s five-year average by 15.7%.Shipments from U.S. ports totaled 1.5 million tons, a decrease of 18.2%.
https://www.marinelink.com/news/great-lakes-limestone-trade-down-april-525434
https://www.marinelink.com/news/great-lakes-limestone-trade-down-april-525434The King County Sheriff’s Office Marine Division in Washington has selected Moose Boats to build a new, custom diesel electric hybrid patrol boat.The model M1 will be 46’ long and powered by two Volvo Penta D11-625HP Diesel engines integrated…
https://www.marinelink.com/news/king-county-selects-moose-boats-hybrid-525435
https://www.marinelink.com/news/king-county-selects-moose-boats-hybrid-525435The EU will end its dependency on Russian energy by stopping the import of Russian gas and oil and phasing out Russian nuclear energy, while ensuring stable energy supplies and prices across the Union with a new REPowerEU Roadmap.Despite the…
https://www.marinelink.com/news/eu-releases-roadmap-ending-dependency-525436
https://www.marinelink.com/news/eu-releases-roadmap-ending-dependency-525436HD Hyundai and A.P. Moller - Maersk have signed an Memorandum of Understanding (MoU) to establish a collaboration on decarbonization solutions for vessels, while HD Hyundai plans to expand the use of Maersk’s integrated logistics services across its affiliates.Since 2021…
https://www.marinelink.com/news/hd-hyundai-maersk-cooperate-525437
https://www.marinelink.com/news/hd-hyundai-maersk-cooperate-525437