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How can the global energy grid keep pace with fast-growing demand from new data centers supporting artificial intelligence (AI) and cloud computing? Nuclear energy and coastal waters offer a potential answer.The potential for floating nuclear…
https://www.marinelink.com/news/abs-herbert-engineering-report-details-526406
https://www.marinelink.com/news/abs-herbert-engineering-report-details-526406U.S. manufacturing contracted for a third straight month in May and suppliers took the longest time in nearly three years to deliver inputs amid tariffs, potentially signaling looming shortages of some goods.President Donald Trump's aggressive…
https://www.marinelink.com/news/us-manufacturing-delivery-times-hurt-526407
https://www.marinelink.com/news/us-manufacturing-delivery-times-hurt-526407Britain said on Monday it would radically change its approach to defence to address threats from Russia, nuclear risks and cyber-attacks by investing in drones and digital warfare rather than relying on a much larger army to engage in modern combat.Responding to U.S.
https://www.marinelink.com/news/britain-unveils-defense-overhaul-address-526408
https://www.marinelink.com/news/britain-unveils-defense-overhaul-address-526408Optimarin has unveiled its latest ballast water treatment system, Optimarin Guardian, ahead of Nor-Shipping 2025. Designed to meet the evolving needs of vessel operators—specially in light of geopolitical uncertainty and rising energy costs…
https://www.marinelink.com/news/optimarin-launches-guardian-ballast-water-526411
https://www.marinelink.com/news/optimarin-launches-guardian-ballast-water-526411ABB announced the launch of the AMXE Marine Motor, an electric propulsion solution engineered to withstand the tough conditions at sea, including continuous exposure to corrosive saltwater and powerful ocean currents. ABB has developed this…
https://www.marinelink.com/news/abb-launches-amxe-marine-motor-enhance-526412
https://www.marinelink.com/news/abb-launches-amxe-marine-motor-enhance-526412The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to its highest in two months on Monday on higher capesize vessel rates. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, edged 4 points higher, or 0.3%, to 1,422 – its highest ...
https://www.hellenicshippingnews.com/baltic-index-at-two-month-peak-on-higher-capesize-rates/
https://www.hellenicshippingnews.com/baltic-index-at-two-month-peak-on-higher-capesize-rates/Ship owners looking to gain a competitive advantage in trading their bulkers, could find such a case in a specific trade within the market. In its latest weekly report, shipbroker Intermodal said that “Guinea’s military government recent decision to revoke 51 mining licenses, for bauxite, gold, diamond, graphite, and iron, underscores a growing wave of ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-a-niche-segment-is-outperforming-the-rest-of-bulk-trades/
https://www.hellenicshippingnews.com/dry-bulk-shipping-a-niche-segment-is-outperforming-the-rest-of-bulk-trades/With the 60th anniversary of Nor-Shipping now underway, Norway’s most famous shipowner has used the occasion to voice his displeasure at what he sees as Oslo’s lack of interest in shipping. Norwegian-born shipping magnate John Fredriksen has sharply criticised Norway’s political climate for maritime business in an interview yesterday with Finansavisen, a leading Norwegian business …
https://splash247.com/john-fredriksen-takes-aim-at-norwegian-governments-perceived-lack-of-interest-in-shipping/
https://splash247.com/john-fredriksen-takes-aim-at-norwegian-governments-perceived-lack-of-interest-in-shipping/Oslo-listed Wallenius Wilhelmsen has secured a renewed logistics contract with one of its long-standing strategic automotive original equipment manufacturer (OEM) partners. The new deal spans three years and is expected to generate about $100m in revenue. The company, which operates a fleet of about 125 vessels globally, emphasized that the deal reinforces a trusted relationship …
https://splash247.com/wallenius-wilhelmsen-locks-in-100m-contract-renewal/
https://splash247.com/wallenius-wilhelmsen-locks-in-100m-contract-renewal/John Fredriksen-backed Flex LNG has arranged a $175m lease financing for its 173,400 cu m Flex Courageous LNG carrier. The JOLCO refinancing deal will generate net proceeds of approximately $42m and extend debt maturity to 2035. The deal will also significantly reduce the cost of debt by around 1.5% per annum. The refinancing of the …
https://splash247.com/flex-lng-hammers-out-175m-refinancing-deal-for-lng-carrier/
https://splash247.com/flex-lng-hammers-out-175m-refinancing-deal-for-lng-carrier/