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Oil companies aiming to participate in new exports of Venezuelan crude to the U.S. following the ouster of President Nicolas Maduro are in hasty discussions to find tankers and put together operations to transfer the crude safely from vessels and dilapidated Venezuelan ports…
https://www.marinelink.com/news/companies-scramble-assemble-operations-534292
https://www.marinelink.com/news/companies-scramble-assemble-operations-534292Spanish police have made their largest-ever cocaine seizure on the high seas, intercepting a vessel carrying almost 10 metric tons of the drug concealed in a shipment of salt en route from Brazil to Europe, police said on Monday.The operation led to the arrest of 13 people on board.
https://www.marinelink.com/news/spanish-police-seize-tons-cocaine-salt-534293
https://www.marinelink.com/news/spanish-police-seize-tons-cocaine-salt-534293In a strategic step to consolidate the country's industrial and export capacity, the ASENAV shipyard and multinational towage services company SAAM signed their first shipbuilding contract.The agreement outlines the manufacturing of a tugboat in Valdivia…
https://www.marinelink.com/news/asenav-saam-build-tugboat-chile-534300
https://www.marinelink.com/news/asenav-saam-build-tugboat-chile-534300Russian drones struck two foreign-flagged vessels on Monday, Ukraine's Deputy Prime Minister Oleksiy Kuleba said, the second such attack in four days on Black Sea shipping as the war nears the end of its fourth year.Kuleba said the vessels were sailing under the flags of Panama and San Marino…
https://www.marinelink.com/news/russian-drones-hit-two-foreign-vessels-534301
https://www.marinelink.com/news/russian-drones-hit-two-foreign-vessels-534301A federal judge on Monday cleared Danish offshore wind developer Orsted to resume work on its nearly finished Revolution Wind project, which U.S. President Donald Trump's administration halted along with four other projects last month.The ruling by U.S.
https://www.marinelink.com/news/us-judge-rules-orsted-resume-work-534302
https://www.marinelink.com/news/us-judge-rules-orsted-resume-work-534302Two China-flagged supertankers that were sailing to Venezuela to pick up debt-paying crude cargoes amid the U.S. oil embargo on the OPEC country have made u-turn and are now heading back to Asia, LSEG shipping data showed on Monday.Following the U.S.
https://www.marinelink.com/news/supertankers-picking-venezuelan-oil-china-534304
https://www.marinelink.com/news/supertankers-picking-venezuelan-oil-china-534304Somalia's government said on Monday it is annulling all agreements with the United Arab Emirates, including port deals and defence and security cooperation, accusing the UAE of undermining its national sovereignty."This decision is based on…
https://www.marinelink.com/news/somalia-ends-port-deals-security-534305
https://www.marinelink.com/news/somalia-ends-port-deals-security-534305Shipments of iron ore on the Great Lakes totaled 4.6 million tons in December, a decrease of 4.5 percent compared to a year ago. Shipments were just slightly above the 5-year average for the month.The year-end total for the iron ore trade stands at 49.8 million tons…
https://www.marinelink.com/news/great-lakes-iron-ore-trade-down-percent-534306
https://www.marinelink.com/news/great-lakes-iron-ore-trade-down-percent-534306Iron ore futures edged higher on Monday as top consumer China’s latest pledge to roll out a package of polices to spur domestic consumption lifted sentiment. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! closed daytime trade 0.92% higher at 822.5 yuan ($117.92) a metric ton. The benchmark February iron ...
https://www.hellenicshippingnews.com/iron-ore-gains-as-china-pledges-package-of-stimulus-polices/
https://www.hellenicshippingnews.com/iron-ore-gains-as-china-pledges-package-of-stimulus-polices/Global seaborne iron ore exports climbed to a near-record 38.50 Mt in the week ending 28 December, as miners expedited quarter-end shipments for reporting purposes. Rio Tinto led the charge, with loadings surging to a three-year high of 7.72 Mt, while Vale’s exports from Brazil also rose to a three-month peak despite heavier seasonal rainfall. ...
https://www.hellenicshippingnews.com/2025-dry-bulk-carrier-earnings-lag-2024-across-all-classes-despite-strong-h2-performance/