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Disruption to global airline networks linked to the conflict in the Middle East is driving up crew change costs and creating mounting operational headaches for shipowners and managers, according to marine travel specialist ATPI. The company said ongoing airspace instability, flight cancellations and reduced airline capacity are reshaping global crew travel patterns, particularly on long-haul …
https://splash247.com/middle-east-conflict-airspace-crisis-hits-crew-change-budgets/
https://splash247.com/middle-east-conflict-airspace-crisis-hits-crew-change-budgets/New York-listed dry bulk owner Genco Shipping & Trading has stepped up its defence against rival Diana Shipping, urging shareholders to back its existing board as the takeover battle between the two US-listed companies intensifies ahead of next month’s annual meeting. Genco has filed definitive proxy materials with the US Securities and Exchange Commission tied …
https://splash247.com/genco-steps-up-fight-against-diana-takeover-push/
https://splash247.com/genco-steps-up-fight-against-diana-takeover-push/Solstad Offshore has signed a letter of intent with an international subsea contractor for the charter of construction support vessel (CSV) Normand Maximus.The contract is expected to begin in the first quarter of 2027 and run through the first quarter of 2029…
https://www.marinelink.com/news/solstads-normand-maximus-csv-line-twoyear-538920
https://www.marinelink.com/news/solstads-normand-maximus-csv-line-twoyear-538920German marine propulsion manufacturer SCHOTTEL has been selected to supply rudder propellers for two liquefied natural gas (LNG) bunkering vessels being built for Shanghai International Port Group in China.The vessels, each with a loading capacity of 20…
https://www.marinelink.com/news/schottel-supply-propellers-chinese-lng-538922
https://www.marinelink.com/news/schottel-supply-propellers-chinese-lng-538922South Korea’s Hanwha Ocean and Canadian marine bearing manufacturer Thordon Bearings have signed a memorandum of understanding (MoU) to explore cooperation on Canada’s submarine procurement program and other naval projects.The agreement focuses on the Canadian Patrol Submarine Program…
https://www.marinelink.com/news/hanwha-ocean-partners-thordon-bearings-538923
https://www.marinelink.com/news/hanwha-ocean-partners-thordon-bearings-538923Coal shipments to Japan, South Korea and the European Union rose 27% year-on-year in April as tight gas supplies and disruption to LNG shipments prompted buyers to seek alternative fuel sources for electricity generation, shipping association…
https://www.marinelink.com/news/lng-supply-disruptions-drive-surge-coal-538924
https://www.marinelink.com/news/lng-supply-disruptions-drive-surge-coal-538924Ocean Power Technologies (OPT) has demonstrated autonomous docking, charging and redeployment capabilities for its WAM-V autonomous surface vehicle as part of efforts to support longer-duration offshore operations.The company said the system enables the maritime drone to approach a dock…
https://www.marinelink.com/news/opt-demos-autonomous-offshore-charging-538926
https://www.marinelink.com/news/opt-demos-autonomous-offshore-charging-538926Over 300 Cal Poly Maritime Academy cadets will soon embark on their annual Summer Sea Term, a 65-day Pacific training voyage aboard the Training Ship Golden Bear, marking both a defining part of a cadet’s education and the final era of a vessel…
https://www.marinelink.com/news/cal-poly-maritime-academy-set-sail-annual-538928
https://www.marinelink.com/news/cal-poly-maritime-academy-set-sail-annual-538928Today, Wednesday, May 6 2026, the Baltic Dry Index climbed 159 points, reaching 2991 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 hit ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2991-up-159-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2991-up-159-points/Today, Thursday, May 7 2026, the Baltic Dry Index climbed 43 points, reaching 3034 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 hit ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-3034-up-43-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-3034-up-43-points/