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In the 1990’s, my father was asked to attend a side shell damage on a US Navy vessel. The damage was caused by assist tug hard contact. He surveyed the damage and came back to the office to write it up. His partner Harry Ottaway saw my Dad’s commercial damage repair estimate…
https://www.marinelink.com/news/us-navy-contracting-approach-fails-535088
https://www.marinelink.com/news/us-navy-contracting-approach-fails-535088Captain Steve Jones is President of the Passenger Vessel Association for 2025. As his term comes to a close in February at the PVA Annual Convention at MariTrends 2026 in Covington, KY, Captain Jones has achieved several long-sought-after successes…
https://www.marinelink.com/news/insights-captain-steve-jones-gateway-535089
https://www.marinelink.com/news/insights-captain-steve-jones-gateway-535089DHT Holdings, Inc. (NYSE:DHT) entered into an agreement to sell the DHT Bauhinia, built in 2007, for a price of $51.5 million. The vessel is expected to be delivered to the new owner during June/July 2026. The vessel is debt free and the company…
https://www.marinelink.com/news/dht-nets-m-vessel-sale-535090
https://www.marinelink.com/news/dht-nets-m-vessel-sale-535090Ocean Network Express (ONE) reported a net loss of $88 million for the third quarter of FY2025, as persistent fleet growth and slower cargo movement weighed on short-term freight rates, particularly in the Asia–North America tradeThe result…
https://www.marinelink.com/news/one-posts-m-loss-newbuild-deliveries-535092
https://www.marinelink.com/news/one-posts-m-loss-newbuild-deliveries-535092Wilson Sons held a launch ceremony for the tugboat WS Halcyon Thursday, January 29, in Rio de Janeiro. It is the first of a new series of three high-powered tugs.Built at the company’s shipyard in Guarujá (São Paulo), WS Halcyon is a class 2312…
https://www.marinelink.com/news/wilson-sons-launches-tugboat-join-new-535094
https://www.marinelink.com/news/wilson-sons-launches-tugboat-join-new-535094HII announced that Fatina Brave has been appointed vice president of infrastructure and sustainability at its Ingalls Shipbuilding division. Brave succeeds Eric Crooker, who has transitioned into the role of vice president of program management at Ingalls…
https://www.marinelink.com/news/fatina-brave-named-vice-president-535095
https://www.marinelink.com/news/fatina-brave-named-vice-president-535095Today, Friday, January 30 2026, the Baltic Dry Index climbed by 146 points, reaching 2148 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2148-up-146-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2148-up-146-points/Offshore engineering and services player Subsea 7 has won work on an oil project offshore Louisiana and an offshore wind project offshore Germany. The first contract was awarded by Shell for the Kaikias Waterflood project. The Kaikias field is a deepwater development in the Mars-Ursa Basin, approximately 210 km off the Louisiana coast in the …
https://splash247.com/subsea-7-bags-us-oil-and-german-offshore-wind-contracts/
https://splash247.com/subsea-7-bags-us-oil-and-german-offshore-wind-contracts/One of Russia’s two biggest oil producers Lukoil has signed an agreement with US investment firm Carlyle to sell all its international assets. The transfer of assets will be done through Carlyle’s acquisition of Lukoil International GmbH, a 100% subsidiary of Lukoil, which owns international assets of the Russian company. The transaction does not include …
https://splash247.com/carlyle-in-talks-to-acquire-lukoils-international-assets/
https://splash247.com/carlyle-in-talks-to-acquire-lukoils-international-assets/Kuba Szymanski, secretary general of InterManager, weighs in on the latest appalling data surrounding crew abandonment. Every time a seafarer is abandoned, the industry performs the same ritual: statements of concern, condemnation of “unscrupulous owners,” praise for humanitarian responders — and then we move on. Meanwhile, thousands of seafarers remain unpaid, stranded on ships that …