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Morocco, seeking to diversify its coal-dependent energy sector, took the first step on Wednesday toward locating a liquefied natural gas terminal near the Mediterranean city of Nador.Morocco's energy industry filed an expression of interest for the LNG terminal.
https://www.marinelink.com/news/morocco-expresses-interest-possible-lng-524959
https://www.marinelink.com/news/morocco-expresses-interest-possible-lng-524959BIMCO and the Association of Ship Brokers & Agents (USA) Inc. (ASBA) have revised ASBATANKVOY, the only dedicated tanker form not associated with an oil major. The updated version of the voyage charter party addresses changes in the tanker trade…
https://www.marinelink.com/news/bimco-asba-update-oil-tanker-charter-524960
https://www.marinelink.com/news/bimco-asba-update-oil-tanker-charter-524960At the 163rd ABS Annual Members Meeting, the classification society says it has never been stronger, with substantial growth and leading safety performance reported. Key numbers in 2004 included the fleet growing to 300 million gross tons, giving…
https://www.marinelink.com/news/abs-wiernicki-retire-end-524967
https://www.marinelink.com/news/abs-wiernicki-retire-end-524967Dalian iron ore futures hit their highest levels in nearly three weeks on Tuesday, underpinned by hopes of U.S.-China trade talks and strengthening seasonal demand for the steelmaking ingredient. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) climbed 2.11% to finish at 727.5 yuan ($99.73) a metric ton. Earlier in the ...
https://www.hellenicshippingnews.com/dalian-iron-ore-near-three-week-high-on-seasonal-demand-us-china-trade-talk-hopes/The first quarter of 2025 has shown mixed signals in China’s dry bulk import profile, reflecting commodity-specific trends and the broader strategic shifts underway amid the U.S.-China trade war. The above charts reveal YoY volume comparisons for March 2025 vs. March 2024, highlighting divergent patterns in iron ore, coal, and grain flows to China. Iron ...
https://www.hellenicshippingnews.com/dry-weekly-market-monitor-dry-bulk-voyage-flows-to-china-amid-escalating-trade-tensions-q1-2025/The Baltic Exchange’s dry bulk sea freight index rose on Wednesday to its highest level in more than a week, as rates increased across all vessel segments. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, was up 39 points, or 3.1%, to 1,300 points, its highest since April 8. The ...
https://www.hellenicshippingnews.com/baltic-index-gains-on-stronger-vessel-rates/
https://www.hellenicshippingnews.com/baltic-index-gains-on-stronger-vessel-rates/Prices for dry bulk carriers have been on the rise over the past week, as more deals were concluded. In its latest weekly report, shipbroker Xclusiv said that on the dry bulk market “on the Kamsarmax sector, the “Sea Pluto” – 81K/2013 New Times was sold for USD 16.5 mills and the “Seaduty” – 82K/2008 ...
https://www.hellenicshippingnews.com/dry-bulker-prices-on-the-rise/
https://www.hellenicshippingnews.com/dry-bulker-prices-on-the-rise/Offshore drilling contractor Vantage Drilling has received a conditional letter of award from an undisclosed client for the 2010-built drillship Platinum Explorer. The company stated that the conditional letter of award has a 90-day validity period. The contract value is around $80m with an anticipated 260 days required to complete the campaign, inclusive of mobilisation …
https://splash247.com/vantage-drilling-bags-80m-drillship-deal/
https://splash247.com/vantage-drilling-bags-80m-drillship-deal/DNV has completed the technology qualification (TQ) of Subtera’s passive terahertz sensor technology designed to detect corrosion under insulation (CUI) and the trapped moisture that causes it, a pervasive challenge in industrial plants.CUI…
https://www.marinelink.com/news/dnv-qualifies-subteras-cui-detection-tool-524934
https://www.marinelink.com/news/dnv-qualifies-subteras-cui-detection-tool-524934North Star, a U.K.-based service operation vessel (SOV) operator, has become the first organization in the world to have ships achieve Lloyd’s Register’s Cyber Resilience classification.The classification is in line with mandatory International…
https://www.marinelink.com/news/north-stars-csov-newbuilds-lrs-cyber-524935
https://www.marinelink.com/news/north-stars-csov-newbuilds-lrs-cyber-524935