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Louis Sola will step down next week as chairman of the Federal Maritime Commission (FMC) after a seven-year stint at America’s shipping regulator. Donald Trump, the American president, will nominate a new chairman and commissioner to the FMC in due course, something that will require Senate approval. “Throughout my tenure, I engaged with senior partners …
https://splash247.com/louis-sola-steps-down-as-chair-of-fmc/
https://splash247.com/louis-sola-steps-down-as-chair-of-fmc/Daehan Shipbuilding, a mid-sized shipbuilder specialising in suezmax and aframax tankers, will list on South Korea’s KOSPI stock exchange later this year. This move follows a significant financial turnaround and a surge in global shipbuilding demand. The company has appointed KB Securities and NH Investment & Securities as lead underwriters, with ShinYoung Securities serving as …
https://splash247.com/daehan-shipbuilding-pursues-seoul-ipo/
https://splash247.com/daehan-shipbuilding-pursues-seoul-ipo/Mediterranean Shipping Co (MSC), the world’s largest container line, has single-handedly catapulted West Africa into Alphaliner’s list of the 10 trading routes with the biggest ships. Earlier this year, MSC started redeploying some of its largest ships from Asia-Europe to cater instead for the fast-expanding Asia-West Africa market, something that has seen the average vessel …
https://splash247.com/msc-propels-west-africa-higher-up-the-container-ladder/
https://splash247.com/msc-propels-west-africa-higher-up-the-container-ladder/Ship operators report extreme GPS jamming continues in and around the Gulf, but the tentative truce reached between the US, Israel and Iran is holding, something that has been reflected in declining oil prices and tanker spot rates and stock prices over the past 24 hours. “A whirlwind two weeks has seen crude oil prices …
https://splash247.com/truce-tempers-tanker-rally-as-gps-jamming-persists-in-the-gulf/
https://splash247.com/truce-tempers-tanker-rally-as-gps-jamming-persists-in-the-gulf/Yemen's Iran-aligned Houthi movement will likely be a persistent problem for the U.S. in the future, a senior U.S. military official said on Tuesday, even after Washington and the Houthis reached an agreement last month that ended a U.S. air…
https://www.marinelink.com/news/houthis-likely-persistent-problem-us-527261
https://www.marinelink.com/news/houthis-likely-persistent-problem-us-527261June 30, 2025, marks the conclusion of Louis E. Sola’s tenure as Chairman of the U.S. Federal Maritime Commission (FMC).Sola issued a statement saying: “Serving our nation in this capacity has been the honor of a lifetime. I have had the privilege of helping safeguard the integrity of the U.S.
https://www.marinelink.com/news/chairman-louis-e-sola-announces-departure-527262
https://www.marinelink.com/news/chairman-louis-e-sola-announces-departure-527262SANMAR has delivered another two Boğaçay Class tugs to Americas’ largest operator SAAM Towage.The tugs are based on the exclusive-to-SANMAR RAmparts 2400SX MK-II design from Canadian Naval architects Robert Allan Ltd, which incorporates the…
https://www.marinelink.com/news/sanmar-delivers-two-tugs-saam-towage-527263
https://www.marinelink.com/news/sanmar-delivers-two-tugs-saam-towage-527263The car carrier Morning Midas sank on June 23 following the fire that broke out on board on June 3.The fire was no longer active, but the vessel sank while awaiting the arrival of a tug with long-distance towing capability.“Damage caused by the fire…
https://www.marinelink.com/news/morning-midas-finally-sinks-527266
https://www.marinelink.com/news/morning-midas-finally-sinks-527266HD Hyundai hosted the Korea–U.S. Leaders Forum on Education and Research on Shipbuilding at its Global R&D Center in Pangyo, Korea, on June 24.The forum was organized as a follow-up to the trilateral Memorandum of Understanding (MOU) signed in July last year between HD Hyundai…
https://www.marinelink.com/news/hd-hyundai-spearheads-koreaus-527267
https://www.marinelink.com/news/hd-hyundai-spearheads-koreaus-527267Four leading maritime associations have jointly launched the Global Alliance for Maritime Electrification (GAME), a coalition of nonprofit organizations dedicated to accelerating the electrification of maritime transportation.The four founding members…
https://www.marinelink.com/news/global-maritime-organizations-unite-527268
https://www.marinelink.com/news/global-maritime-organizations-unite-527268