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ABS Chairman and CEO Christopher J. Wiernicki was honored by The Seamen’s Church Institute (SCI), receiving the 2025 Silver Bell Award for lifelong service and outstanding leadership in the maritime industry.SCI is a nearly 200-year-old charity…
https://www.marinelink.com/news/abs-wiernicki-honored-silver-bell-award-526844
https://www.marinelink.com/news/abs-wiernicki-honored-silver-bell-award-526844This week’s Market Monitor highlights the strong performance in Capesize iron ore flows, which have continued to support demand throughout the year. This trend is reflected in the recent strengthening of the Baltic Capesize Index and average earnings on the C5TC route. Bauxite shipments have also played a notable role in supporting Capesize fleet employment, ...
https://www.hellenicshippingnews.com/dry-weekly-market-monitor-capesize-market-analysis/
https://www.hellenicshippingnews.com/dry-weekly-market-monitor-capesize-market-analysis/UK-based energy company Energean has temporarily suspended production activities on its FPSO located offshore Israel due to the escalation of conflicts with Iran. On Friday, Israel launched widespread strikes against Iran, which led to immediate retaliation from Iran. Energean said that it received notice from the Israeli Ministry of Energy and Infrastructure ordering the temporary …
https://splash247.com/energean-suspends-fpso-production-over-israel-iran-conflict/
https://splash247.com/energean-suspends-fpso-production-over-israel-iran-conflict/Abu Dhabi-based ports and logistics giant AD Ports Group has signed three agreements with Bahrain’s Arab Shipbuilding & Repair Yard Company (ASRY) designed to boost shipbuilding, drydocking, and port management capabilities across the Gulf region and beyond. The first agreement involves the establishment of a joint venture focused on enhancing drydocking and shipbuilding infrastructure within …
https://splash247.com/ad-ports-bolsters-bahrain-ties-with-shipyard-and-port-initiatives/
https://splash247.com/ad-ports-bolsters-bahrain-ties-with-shipyard-and-port-initiatives/Norwegian-based Blystad Group is set to expand its boxship exposure with three newbuildings from China. Brokers report that Arne Blystad’s investment firm has signed up for 3,000 teu vessels at Penglai Zhongbai Jinglu Ship Industry. The total value of the order stands at approximately $129m, with deliveries scheduled for 2027. Oslo-based Blystad Group has a …
https://splash247.com/blystad-signs-for-boxship-newbuilds-in-china/
https://splash247.com/blystad-signs-for-boxship-newbuilds-in-china/Israel launched wide-scale strikes against Iran this morning, targeting nuclear facilities, ballistic missile factories and military commanders, stating that the operation will continue “as long as necessary”. Immediately thereafter, Iran vowed “severe punishment for Israel” and has sent more than 100 drones to attack Israel. The UKMTO advised that there is presently no evidence of …
https://splash247.com/shipping-on-edge-as-israel-and-iran-fight-fire-with-fire/
https://splash247.com/shipping-on-edge-as-israel-and-iran-fight-fire-with-fire/In the shadow of the Taiwan Strait, a new chapter in asymmetric naval warfare is unfolding. Drawing lessons from Ukraine’s strategic use of maritime drones in the Black Sea, Taiwan is adapting similar technologies as a low-cost, high-impact…
https://www.marinelink.com/news/learning-ukraine-taiwan-looks-sea-drones-526816
https://www.marinelink.com/news/learning-ukraine-taiwan-looks-sea-drones-526816The successful completion of the first-ever ship-to-ship transfer (STS) of ammonia at anchorage in Western Australia, as part of the maritime decarbonization initiative led by Global Centre for Maritime Decarbonization (GCMD), has marked a major…
https://www.marinelink.com/news/industry-partners-complete-sts-ammonia-526817
https://www.marinelink.com/news/industry-partners-complete-sts-ammonia-526817DNV has published a report forecasting that carbon capture and storage (CCS) capacity is expected to quadruple by 2030, with sharp increase project pipeline capacity indicating that CCS is at a turning point.The immediate rise in capacity is…
https://www.marinelink.com/news/ccs-capacity-quadruple-dnv-report-finds-526819
https://www.marinelink.com/news/ccs-capacity-quadruple-dnv-report-finds-526819GONDAN Shipbuilders has delivered a newly built Commissioning Service Operations Vessel (CSOV) Austri Enabler to Norwegian shipowner Edda Wind.The Austri Enabler, designed by Norwegian company Salt Ship Design, is part of a new generation of…
https://www.marinelink.com/news/edda-wind-welcomes-new-csov-fleet-526822
https://www.marinelink.com/news/edda-wind-welcomes-new-csov-fleet-526822