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Canada's merchandise trade deficit widened in August to C$6.32 billion ($4.53 billion), its second highest on record, as exports both to the U.S. and the rest of the world fell, data showed on Tuesday.The August data had been expected to show a more permanent impact of U.S.
https://www.marinelink.com/news/canadian-trade-deficit-widens-august-530839
https://www.marinelink.com/news/canadian-trade-deficit-widens-august-530839Molgas Energy Group has completed the full acquisition of Amsterdam-based Titan Energy Holding, parent company of Titan Clean Fuels, creating one of Europe’s largest integrated downstream LNG and bio-LNG players. The Madrid-headquartered company, backed by infrastructure investor InfraVia, said the transaction marks a key step in its strategic expansion into clean marine fuels. Molgas previously …
https://splash247.com/molgas-takes-full-control-of-titan-clean-fuels/
https://splash247.com/molgas-takes-full-control-of-titan-clean-fuels/Borealis Maritime’s offshore vessel arm, Aurora Offshore, has secured long-term employment for one of its platform supply vessels. Brokers report the 2021-built Aurora Cooper fixed to Harbour Energy for six months plus multiple extension options, with the charter starting this month. Dayrates for the LNG dual-fuel battery hybrid unit, which will support the semisubmersible rig …
https://splash247.com/aurora-offshore-scores-harbour-energy-psv-fixture/
https://splash247.com/aurora-offshore-scores-harbour-energy-psv-fixture/The World Bank said on Tuesday higher tariffs on Indian goods exported to the U.S. would be a drag on South Asia's economic growth rate in 2026, even as it remains shielded in the current year by government spending.The World Bank said growth…
https://www.marinelink.com/news/world-bank-warns-higher-tariffs-india-530840
https://www.marinelink.com/news/world-bank-warns-higher-tariffs-india-530840Where does true value lie in maritime digitalization? How are shipowners leveraging improvements in data quality and how can a single source of truth support and inform decision-making? To kick-off London International Shipping Week, ABS Wavesight assembled…
https://www.marinelink.com/news/abs-wavesight-lisw-panel-digitalization-530841
https://www.marinelink.com/news/abs-wavesight-lisw-panel-digitalization-530841St. Johns Ship Building, a Jones Act shipyard and a subsidiary of Americraft Marine, has been awarded a new contract by Johnson Bros. Corporation, a Southland Company, for the construction of three 140’ x 40’ x 8’ steel material deck barges…
https://www.marinelink.com/news/st-johns-ship-building-awarded-new-barge-530842
https://www.marinelink.com/news/st-johns-ship-building-awarded-new-barge-530842The maritime industry has long wrestled with the challenge of attracting and retaining skilled seafarers. But according to Eric Griffin, VP of Offshore Energy & Fishing, Maritime, at Inmarsat, one factor now sits firmly at the center of the conversation: seamless connectivity.On October 22…
https://www.marinelink.com/news/crew-connectivity-evolves-luxury-lifeline-530845
https://www.marinelink.com/news/crew-connectivity-evolves-luxury-lifeline-530845Kanadevia Corporation, Mitsui O.S.K. Lines, Ltd. (MOL), and Yanmar Power Solutions Co., Ltd. have been working on the project “Development of Methane Slip Reduction Technology for LNG-Fueled Vessels through Catalyst and Engine Improvements under…
https://www.marinelink.com/news/lngfueled-vessels-achieve-methane-slip-530846
https://www.marinelink.com/news/lngfueled-vessels-achieve-methane-slip-530846Shipments of iron ore from U.S. ports on the Great Lakes decreased 14.2 percent from 2024 to 4.7 million tons in September. Shipments were below the month’s 5-year average by 7.4 percent.Year-to-date, the iron ore trade stands at 31.4 million tons, a 14 percent decrease compared to last year.
https://www.marinelink.com/news/great-lakes-iron-ore-trade-down-september-530850
https://www.marinelink.com/news/great-lakes-iron-ore-trade-down-september-530850The U.S. is one week away from imposing port fees on certain vessels with links to China, a move expected to cost the top 10 carriers $3.2 billion next year as President Donald Trump seeks to address China's growing dominance on the high seas."While…
https://www.marinelink.com/news/determining-trumps-chinalinked-port-fees-530851
https://www.marinelink.com/news/determining-trumps-chinalinked-port-fees-530851