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Exxon Mobil is set to ship around 600,000 barrels of fuel from the U.S. Gulf Coast to cover its own import requirements in Australia, the first such shipments by the oil major, four sources with knowledge of the matter said.The planned shipments…
https://www.marinelink.com/news/exxon-send-first-fuel-shipment-us-gulf-536532
https://www.marinelink.com/news/exxon-send-first-fuel-shipment-us-gulf-536532Insurance broker Marsh McLennan said on Wednesday it had met with U.S. officials to explore solutions for restoring maritime trade amid escalating fighting in the Middle East, as attacks in the region threaten energy shipments through the Strait of Hormuz.The waterway…
https://www.marinelink.com/news/insurance-broker-marsh-meets-us-officials-536533
https://www.marinelink.com/news/insurance-broker-marsh-meets-us-officials-536533“The attacks on Iran by the US and Israel have caused disruptions for ships transiting the Strait of Hormuz. Although this passage is less critical for the dry bulk sector than for the tanker market, the disruptions still impact around 4% of dry bulk cargo volumes and tonne mile demand,” says Filipe Gouveia, Shipping Analysis ...
https://www.hellenicshippingnews.com/strait-of-hormuz-disruptions-currently-impacting-4-of-dry-bulk-market/Pelagic Credit has raised NOK558m ($58m) in a private placement, clearing the way for its planned listing in Oslo. The Cyprus-based shipping investor said it attracted orders from “high quality” industrial and institutional investors. The company’s sponsor, Pelagic Partners, is contributing $48.1m through its managed funds, consisting of $17.56m in equity already injected and an …
https://splash247.com/pelagic-credit-raises-58m-ahead-of-oslo-debut/
https://splash247.com/pelagic-credit-raises-58m-ahead-of-oslo-debut/China’s Nanjing Tanker has added three more vessels to its growing orderbook, signing up for a trio of stainless steel chemical tankers at a domestic shipyard. The Shanghai-listed owner, part of China Merchants Group, said in a filing that its wholly owned subsidiary, Nanjing Yangyang Chemical Transportation & Trading, has contracted Yangzhou Dingheng Shipyard for …
https://splash247.com/nanjing-tanker-orders-trio-of-chemical-carriers/
https://splash247.com/nanjing-tanker-orders-trio-of-chemical-carriers/Offshore engineering and services player Subsea7 has won a variation order from the Turkish Petroleum Offshore Technology Centre (TP-OTC) for the Sakarya field development in the Black Sea, offshore Turkey. The award represents an extension to the contract announced by Subsea7 in August last year for the third phase of Sakarya and will connect the …
https://splash247.com/turkish-petroleum-awards-black-sea-gas-field-tie-back-deal-to-subsea7/
https://splash247.com/turkish-petroleum-awards-black-sea-gas-field-tie-back-deal-to-subsea7/New York-listed Greek dry bulk owner Diana Shipping has fixed one of its panamax units on a fresh time charter, locking in a stronger rate as the ship rolls off its current employment. The 77,525 dwt ice-class Crystalia has been chartered to SwissMarine at $16,200 per day, minus 5% commission, for a period running from …
https://splash247.com/diana-rolls-panamax-bulker-into-improved-swissmarine-fixture/
https://splash247.com/diana-rolls-panamax-bulker-into-improved-swissmarine-fixture/A submarine attack on an Iranian ship off the coast of Sri Lanka has left at least 101 people missing, one dead and 78 injured, sources in Sri Lanka's navy and defence ministry told Reuters on Wednesday.It was unclear who attacked the ship,…
https://www.marinelink.com/news/missing-submarine-attack-iranian-ship-off-536470
https://www.marinelink.com/news/missing-submarine-attack-iranian-ship-off-536470Chinese shipping and logistics conglomerate COSCO Shipping's container liner unit said on Wednesday it had suspended all new bookings for routes to and from ports in the Middle East region, including those in the United Arab Emirates and Saudi Arabia.The move was due to escalating conflict in the re
https://www.marinelink.com/news/cosco-shipping-halts-new-bookings-middle-536471
https://www.marinelink.com/news/cosco-shipping-halts-new-bookings-middle-536471Euro zone government bonds edged higher on Wednesday as investors paused after a sharp selloff earlier this week driven by fears the Middle East war would fuel inflation.President Donald Trump had ordered the U.S. International Development Finance…
https://www.marinelink.com/news/euro-zone-bonds-stabilize-us-weighs-536472
https://www.marinelink.com/news/euro-zone-bonds-stabilize-us-weighs-536472