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Rapid 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-529289The Trump administration's order to halt work on a nearly completed wind farm off the coast of Rhode Island threatens grid reliability and jobs and defies explanation, business and government leaders from New England said on Monday.State leaders…
https://www.marinelink.com/news/trumps-halt-rhode-island-wind-project-529293
https://www.marinelink.com/news/trumps-halt-rhode-island-wind-project-529293The administration of U.S. President Donald Trump intends to withdraw federal approval for US Wind’s offshore wind farm off the coast of Maryland, according to a filing submitted by Attorney General Pam Bondi in the U.S. District Court in Delaware…
https://www.marinelink.com/news/trump-administration-cancel-approval-529294
https://www.marinelink.com/news/trump-administration-cancel-approval-529294China’s imports of seaborne thermal coal are poised to climb to the most this year in August while those of fellow top buyer India slump to a 3 1/2-year low. The diverging trends in the world’s two biggest importers of the fuel – used mainly to generate electricity – largely reflect the interplay in their ...
https://www.hellenicshippingnews.com/chinas-seaborne-thermal-coal-imports-jump-as-indias-stumble/
https://www.hellenicshippingnews.com/chinas-seaborne-thermal-coal-imports-jump-as-indias-stumble/Norway’s Champion Tankers has wrapped up its latest round of fleet renewal, declaring options for the final two ships in a series of MR tankers ordered at Penglai Jinglu Shipyard in China. The Bergen-based private company, led by Karl Lodrup Kvalheim, will now take delivery of six 49,200 dwt IMO II tankers from the yard, …
https://splash247.com/champion-tankers-takes-options-on-final-two-mr-newbuilds-in-china/
https://splash247.com/champion-tankers-takes-options-on-final-two-mr-newbuilds-in-china/