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The extra volumes will result in a significant disruption in the matrix of global iron ore supply, writes Will Fray, director, Maritime Strategies International, but there remain reasons to be cautious. The numbers around the Simandou iron ore project in Guinea approach the hyperbolic. Rio Tinto, as a lead investor in one half of the …
https://splash247.com/is-the-dry-bulk-market-overestimating-simandous-impact/
https://splash247.com/is-the-dry-bulk-market-overestimating-simandous-impact/The Talara, a Marshall Islands-flagged product tanker, apprehended by the Iranian military on Friday has been tracked down. The vessel is moored in the Khuran Strait, north of Qeshm Island, a familiar location for vessels hijacked by the Iranian Revolutionary Guard Corps (IRGC), according to TankerTrackers.com. State media carried an IRGC statement saying “the tanker …
https://splash247.com/hijacked-tanker-found-in-irans-familiar-holding-ground/
https://splash247.com/hijacked-tanker-found-in-irans-familiar-holding-ground/The Black Sea has entered one of its most volatile phases as Ukraine and Russia escalate long-range strikes on each other’s critical energy and port infrastructure, leaving commercial shipping exposed to huge levels of risk. Over the weekend, Ukraine claimed fresh hits on Rosneft’s Ryazan refinery — one of Russia’s five largest, processing up to …
https://splash247.com/black-sea-threat-level-red/
https://splash247.com/black-sea-threat-level-red/Technip Energies Loading Systems has secured a contract to supply three fully electric marine loading arms for phase 2 of the Northern Lights CO2 transport and storage project in Øygarden, Norway.The loading solution will be installed at the…
https://www.marinelink.com/news/technip-energies-supply-co-loading-arms-532521
https://www.marinelink.com/news/technip-energies-supply-co-loading-arms-532521The Baltic Power offshore wind project has installed the first turbine nacelles manufactured in Poland, marking a milestone for the country’s emerging offshore wind supply chain.Three 15 MW turbines have been fitted with nacelles produced at Vestas’ newly opened plant in Szczecin…
https://www.marinelink.com/news/first-locallybuilt-nacelles-installed-532523
https://www.marinelink.com/news/first-locallybuilt-nacelles-installed-532523Oslo-listed semisub player Odfjell Drilling has lined up more long-term work for its owned rig Deepsea Aberdeen, signing a letter of intent with an undisclosed client that would keep the harsh-environment unit busy into 2029. The LOI covers a programme starting in late 2026, directly after the rig completes its current deal, and would extend …
https://splash247.com/odfjell-drilling-eyes-long-term-cover-with-new-semisub-deal/
https://splash247.com/odfjell-drilling-eyes-long-term-cover-with-new-semisub-deal/Shipping’s human capital crunch is fast becoming one of its defining challenges of the decade. The latest chapter from our brand-new Seafarers magazine which is being distributed across Hong Kong Maritime Week. From Singapore to Copenhagen, shipowners and managers are grappling with a shrinking supply of qualified crew just as fleets grow larger, more complex, …
https://splash247.com/shipping-broadens-the-search-for-seafarers/
https://splash247.com/shipping-broadens-the-search-for-seafarers/MPC Container Ships has moved again to refresh its fleet, signing up for four 4,500-teu newbuildings in China backed by long-term employment. The Oslo-listed tonnage provider confirmed it has struck a deal with Jiangsu Hantong Ship Heavy Industry for the quartet, with deliveries set to begin in the first half of 2028. Each ship carries …
https://splash247.com/mpcc-adds-232m-quartet-of-boxship-newbuilds/
https://splash247.com/mpcc-adds-232m-quartet-of-boxship-newbuilds/2020 Bulkers has agreed to sell its last two newcastlemaxes, wrapping up the monetisation of a fleet-building programme that started eight years ago. The Oslo-listed owner said it has signed deals with an undisclosed buyer for the 2020-built Bulk Sydney and Bulk Santos at a combined price of $145.5m. The transactions remain subject to standard …
https://splash247.com/2020-bulkers-offloads-remaining-newcastlemaxes/
https://splash247.com/2020-bulkers-offloads-remaining-newcastlemaxes/A China Coast Guard ship formation passed through the waters of the Senkaku Islands on Sunday on a "rights enforcement patrol", the China Coast Guard said in a statement, as Beijing ramps up tensions with Japan over its prime minister's remarks…
https://www.marinelink.com/news/china-coast-guard-sails-formation-senkaku-532508
https://www.marinelink.com/news/china-coast-guard-sails-formation-senkaku-532508