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Panama's Supreme Court has annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison, leaving the future ownership of some Panama Canal operations unclear and possibly upsetting its plans to sell some terminals.Panama Ports Company (PPC)…
https://www.marinelink.com/news/panama-court-quashes-ck-hutchison-port-535100
https://www.marinelink.com/news/panama-court-quashes-ck-hutchison-port-535100Dominion Energy said on Friday the total project costs for the Coastal Virginia Offshore Wind have increased to roughly $11.5 billion from $11.2 billion.The changes in estimated costs reflect the impact of temporary suspension of work issued by the U.S.
https://www.marinelink.com/news/coastal-virginia-offshore-project-costs-535102
https://www.marinelink.com/news/coastal-virginia-offshore-project-costs-535102The U.S. Coast Guard is accelerating long-term investments in cutters, aviation assets and autonomous systems following what service leaders described as a historic infusion of funding from Congress in 2025, according to testimony before the Senate Commerce Committee.During the hearing…
https://www.marinelink.com/news/uscg-commandant-outlines-investments-535105
https://www.marinelink.com/news/uscg-commandant-outlines-investments-535105A comprehensive suite of Furuno navigation and communication systems have been installed aboard Federal Hill, a new Baltimore Class high-speed pilot boat recently delivered to the Association of Maryland Pilots by Gladding-Hearn Shipbuilding.Designed for demanding harbor pilotage in all seasons…
https://www.marinelink.com/news/pilot-vessel-gets-full-furuno-suite-535106
https://www.marinelink.com/news/pilot-vessel-gets-full-furuno-suite-535106The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, soared about 7.3% to the highest since mid-December at 2,148 points on Friday. The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, jumped 12% to 3,507 points; and the panamax index, which usually carries 60,000-70,000 tons ...
https://www.hellenicshippingnews.com/baltic-dry-index-at-over-1-month-high-posts-monthly-gain/
https://www.hellenicshippingnews.com/baltic-dry-index-at-over-1-month-high-posts-monthly-gain/Seaborne coal imports into the EU fell further during 2025. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Dec 2025, global seaborne coal loadings declined by -2.8% y-o-y to 1,333.1 mln t (excluding cabotage), based on vessel tracking data from AXS Marine. In Jan-Dec 2025, exports from Indonesia declined by -6.9% y-o-y ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-eu-coal-imports-fell-in-2025/
https://www.hellenicshippingnews.com/dry-bulk-shipping-eu-coal-imports-fell-in-2025/Singapore-listed Rex International is pressing ahead with offshore development drilling in Oman after its unit Masirah Oil secured a jackup rig for work at the Yumna field. Masirah Oil said its parent company, Rex Oman, has signed a contract for the Energy Emerger jackup drilling rig, operated by Northern Offshore. The unit will be used …
https://splash247.com/rex-lines-up-jackup-rig-offshore-oman/
https://splash247.com/rex-lines-up-jackup-rig-offshore-oman/President Donald Trump has named Laura DiBella as the new chairman of the Federal Maritime Commission, filling a leadership gap at the US maritime regulator as it takes on a more assertive role in global shipping oversight. DiBella, a former Florida secretary of commerce, was designated chairman on January 28, the FMC confirmed. She was …
https://splash247.com/trump-taps-laura-dibella-to-lead-us-shipping-watchdog/
https://splash247.com/trump-taps-laura-dibella-to-lead-us-shipping-watchdog/China’s Shandong Marine has moved to expand its LNG carrier fleet, placing an order for four newbuildings at compatriot yard Jiangnan Shipyard, with the vessels set to be chartered to a unit of UK-based energy major Shell upon delivery. The state-run shipping group has signed up for 175,000 cu m units with deliveries scheduled across …
https://splash247.com/shandong-marine-in-for-lng-carrier-quartet-at-jiangnan/
https://splash247.com/shandong-marine-in-for-lng-carrier-quartet-at-jiangnan/Subsea7 has secured a sizeable contract by Shell for the Kaikias Waterflood project, a deepwater development in the Mars-Ursa Basin, off the Louisiana coast in the United States.The scope of work includes the transportation and installation of a subsea umbilical…
https://www.marinelink.com/news/subsea-gets-shells-contract-deepwater-535079
https://www.marinelink.com/news/subsea-gets-shells-contract-deepwater-535079