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India will surpass China as the largest source of oil demand growth in the world this decade, according to a new report from the International Energy Agency (IEA). India is currently the world’s third largest oil importer and consumer behind China and the US. The IEA is forecasting that India’s oil demand will grow 1.2m …
https://splash247.com/india-forecast-to-lead-oil-demand-growth-this-decade/
https://splash247.com/india-forecast-to-lead-oil-demand-growth-this-decade/A controversial livestock carrier has finally berthed at Fremantle today. Dr Lynn Simpson assesses how this ship’s blighted voyage to the Middle East went so wrong. Third berthing a charm? Will the animals finally be allowed to get off this time? More importantly, can they stay off? The Bahijah has just tied up today in …
https://splash247.com/live-animal-export-how-not-to-export-live-animals/
https://splash247.com/live-animal-export-how-not-to-export-live-animals/Inbound cargo volume at the United States’ major container ports is expected to see year-over-year increases through the first half of the year despite attacks on ships in the Red Sea, according to the Global Port Tracker report released today…
https://www.marinelink.com/news/us-import-volumes-seen-rising-despite-red-511465
https://www.marinelink.com/news/us-import-volumes-seen-rising-despite-red-511465Angela Chao, chair and CEO of the Foremost Group, has died in a car accident, the New York-headquartered dry bulk shipping company announced on Monday.Angela Chao was an experienced and well-respected shipping executive, having worked her way…
https://www.marinelink.com/news/foremost-group-ceo-angela-chao-killed-car-511468
https://www.marinelink.com/news/foremost-group-ceo-angela-chao-killed-car-511468Cavotec reports it has signed a $5.7 million contract to retrofit vessels with shore power solutions for an undisclsoed major European shipping line.The agreement entails the complete retrofit of containerships from installation of Cavotec's…
https://www.marinelink.com/news/cavotec-awarded-million-shore-power-refit-511469
https://www.marinelink.com/news/cavotec-awarded-million-shore-power-refit-511469The U.S. Department of Transportation's Maritime Administration (MARAD) in December issued a final rule updating its financial requirements for the Federal Ship Financing Program, commonly referred to as Title XI. While the move applies to the U.S.
https://www.marinelink.com/news/marads-title-xi-changes-good-news-511470
https://www.marinelink.com/news/marads-title-xi-changes-good-news-511470Victaulic, manufacturer of mechanical pipe joining, fire protection, and flow control solutions based in Easton, Pa., announced it has acquired Utility Coatings & Fabrication, Inc. (UCF) located in West Jordan, Utah.“This acquisition represents…
https://www.marinelink.com/news/victaulic-acquires-utility-coatings-511471
https://www.marinelink.com/news/victaulic-acquires-utility-coatings-511471A 20-year-old panamax bulk carrier belonging to NASDAQ-listed Star Bulk became the latest Houthi target today. The was shot at twice in the space of 20 minutes by missiles while transiting the Bab al Mandab strait in a southeast direction. AIS data from MarineTraffic shows the ship departed from Vila do Conde port in Brazil …
https://splash247.com/bulk-carrier-struck-by-houthi-missile/
https://splash247.com/bulk-carrier-struck-by-houthi-missile/Marine engineering consultancy BAR Technologies has entered into a partnership agreement with floating offshore wind platforms provider Nervion Naval Offshore, to wholly manage and oversee the production of WindWings sails in Europe. The agreement with Nervion, a company owned by Amper Group and with factories in Ferrol and As Somozas in Spain, is the first …
Norwegian offshore vessel owner DOF has been awarded a contract by Altera Infrastructure to install FPSO and FSO units for the Phase 2 development of the Eni-operated Baleine field offshore Ivory Coast. The project includes the complete installation of seabed mooring systems, flowline between the FSO and the FPSO along with associated equipment. DOF`s contract …
https://splash247.com/dof-wins-installation-deal-for-baleine-fpso-and-fso/
https://splash247.com/dof-wins-installation-deal-for-baleine-fpso-and-fso/