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A newly unveiled concept for a sail-powered catamaran cruise ship aims to offer a luxury cruising experience on board a vessel that can travel emissions free.The unique vessel design--codenamed "Seabreeze"--comes from Norway-based YSA Design…
https://www.marinelink.com/news/ysa-design-unveils-sail-powered-cruise-512870
https://www.marinelink.com/news/ysa-design-unveils-sail-powered-cruise-512870The U.S. Coast Guard has rejected comments by a Chinese diplomat that its recent boardings of Chinese fishing boats in the Pacific Islands alongside local police are illegal, saying the joint patrols are at the behest of Pacific nations to protect…
https://www.marinelink.com/news/us-coast-guard-says-boardings-chinese-512871
https://www.marinelink.com/news/us-coast-guard-says-boardings-chinese-512871Yemen's Houthis said on Wednesday they targeted four vessels, including what they described as a U.S. warship, with drones and naval missiles in the Gulf of Aden, part of their stated campaign of solidarity with Palestinians in Gaza.The Iran-aligned group attacked "MSC Darwin ship…
https://www.marinelink.com/news/houthis-target-four-vessels-gulf-aden-512873
https://www.marinelink.com/news/houthis-target-four-vessels-gulf-aden-512873DNV has awarded HD Hyundai Mipo Dockyard an approval in principle (AIP) for the design of ammonia dual fuel 45,000 m3 liquefied petroleum gas (LPG) carriers.The presentation took place at the HD Hyundai Global R&D Center (GRC) in Seongnam, Korea.
https://www.marinelink.com/news/hmds-ammoniapowered-lpg-carrier-designs-512876
https://www.marinelink.com/news/hmds-ammoniapowered-lpg-carrier-designs-512876The shipping industry's pledge to limit its carbon footprint may suffer a setback as the current Red Sea crisis prompts it to use more vessels and take longer routes to ensure the smooth sailing of global maritime trade.Iranian-backed Houthi…
https://www.marinelink.com/news/red-sea-crisis-forces-operators-512877
https://www.marinelink.com/news/red-sea-crisis-forces-operators-512877Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes, announced that it has completed its merger with Eagle Bulk Shipping Inc. (“Eagle”). Under the terms of the merger agreement, each Eagle shareholder received 2.6211 shares of Star Bulk common stock for each share of Eagle common stock owned. ...
https://www.hellenicshippingnews.com/star-bulk-completes-merger-with-eagle-bulk/
https://www.hellenicshippingnews.com/star-bulk-completes-merger-with-eagle-bulk/Dalian iron ore futures prices rose for a third straight session on Wednesday, aided by expectations that construction activity is picking up in top consumer China, but gains were capped by investor caution over the scale of the demand recovery. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade ...
https://www.hellenicshippingnews.com/dalian-iron-ore-rises-but-caution-grows-over-china-demand-recovery/The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a 14-session losing streak on Wednesday, helped by stronger capesize vessel rates. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose by 17 points, or 1.1%, to 1,587 points. The capesize index ...
https://www.hellenicshippingnews.com/baltic-index-snaps-14-session-losing-streak-on-firm-capesize-rates/Oslo-listed jackup rig pure-play Shelf Drilling has won a contract extension from Equinor for one of its rigs. Equinor extended the contract of the Shelf Drilling Barsk jackup for operations at the Gudrun field located in the Norwegian Continental Shelf. The firm term of the extension is two wells with an estimated duration of 254 …
https://splash247.com/shelf-drilling-jackup-wins-81m-extension-from-equinor/
https://splash247.com/shelf-drilling-jackup-wins-81m-extension-from-equinor/Berlin-based Flagship Founders has spun off its fifth startup which is developing an AI-powered information retrieval and management platform for the shipping industry. The company, called Sealenic, has already partnered with three shipping companies – Reederei F. Laeisz, Fairplay Towage, and Harren Ship Management. All of them are already testing the solution in their operational …
https://splash247.com/german-owners-invest-in-google-search-for-shipping/
https://splash247.com/german-owners-invest-in-google-search-for-shipping/