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Britain imposed sanctions on Thursday on more Russian oil companies and Canadian-Pakistani billionaire Murtaza Lakhani as part of efforts to ramp up pressure on Moscow over the war in Ukraine.The government targeted 24 individuals and entities…
https://www.marinelink.com/news/britain-imposes-sanctions-russias-energy-533710
https://www.marinelink.com/news/britain-imposes-sanctions-russias-energy-533710For the third consecutive year, SAAM Towage obtained the PAS 2060 international certification in Brazil, which certifies the carbon neutrality of its operations in that country.In addition to operational actions to reduce the intensity of Scope 1 and 2 emissions…
https://www.marinelink.com/news/saam-towage-certifies-brazil-operations-533713
https://www.marinelink.com/news/saam-towage-certifies-brazil-operations-533713The Federal Maritime Commission acknowledges the service of the members of the National Shipper Advisory Committee (NSAC). Since October 2021, NSAC’s members have provided information and perspectives on conditions in the ocean freight delivery system.
https://www.marinelink.com/news/federal-maritime-commission-recognizes-533716
https://www.marinelink.com/news/federal-maritime-commission-recognizes-533716Venezuela on Thursday authorized two very large crude carriers (VLCC) to set sail for China, according to two sources familiar with Venezuela's oil export operations, which would be only the second and third supertankers to depart the country since the U.S.
https://www.marinelink.com/news/venezuela-authorizes-two-unsanctioned-533719
https://www.marinelink.com/news/venezuela-authorizes-two-unsanctioned-533719Our fascination with the depths of the ocean revealed itself in some of our most-read stories of 2025.What’s really down there? asked New Wave Media President Greg Trauthwein in his interview with Matt Grove, Regional Segment Manager Offshore at Seequent in September…
https://www.marinelink.com/news/fascinated-subsea-discovery-533721
https://www.marinelink.com/news/fascinated-subsea-discovery-533721Iron ore futures extended gains on Thursday, aided by improved steel margins and the expectation of feedstock replenishment among steel mills in top consumer China. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE) rose for a third straight session to end daytime trade up 1.63% at 777.5 yuan ($110.43) a metric ton, ...
https://www.hellenicshippingnews.com/iron-ore-extends-gains-on-improving-steel-margins-restocking-hopes/The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, extended losses to a more than one-month low on Thursday, as vessel rates declined across the board. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 50 points, or 2.4%, to 2,071 ...
https://www.hellenicshippingnews.com/baltic-index-extends-losses-on-declining-rates-across-all-vessel-segments/Norwegian ocean services player DeepOcean has been awarded a new long-term inspection, maintenance, and repair frame agreement with operator Vår Energi. The contract has a firm duration of five years, running until the end of October 2030, with options to extend for up to an additional four years. The scope of the contract includes subsea …
https://splash247.com/deepocean-bags-five-year-imr-deal-with-var-energi/
https://splash247.com/deepocean-bags-five-year-imr-deal-with-var-energi/Philippos Ioulianou, managing director of EmissionLink, writes for Splash today. If 2025 was meant to be the year shipping sprinted towards a clean-fuel future, it never quite got off the starting blocks. We are ending the year with a familiar scenario: ambitious targets, unclear routes, uneven enforcement and an industry being pushed faster than the …
Heinrich Schulte, the long-standing chairman of the Schulte Group, has passed away, aged 90. Heinrich Schulte was born in Hamburg, but with family roots in Papenburg and Emden. He joined his father’s shipping company, Bernhard Schulte, in 1963. He expanded the company into a diversified global maritime group. In addition to the shipowning business, which …
https://splash247.com/shipping-industry-veteran-heinrich-schulte-passes-away/
https://splash247.com/shipping-industry-veteran-heinrich-schulte-passes-away/