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The International Maritime Organization's Sub-Committee on Ship Design and Construction (SDC) held its 12th session at IMO Headquarters in London, January 19-23, and was chaired by Mr. Erik Tvedt (Denmark). Outcomes are summarized below:KEY…
https://www.marinelink.com/news/imo-subcommittee-ship-design-construction-535097
https://www.marinelink.com/news/imo-subcommittee-ship-design-construction-535097As part of a broader effort to unleash American energy by encouraging oil and gas exploration and production on federal lands and waters, the Bureau of Ocean Energy Management today announced the Final Notice of Sale for the Cook Inlet Outer Continental Shelf Oil and Gas Lease Sale 1.
https://www.marinelink.com/news/boem-publishes-final-notice-sale-cook-535099
https://www.marinelink.com/news/boem-publishes-final-notice-sale-cook-535099Panama's Supreme Court has annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison, leaving the future ownership of some Panama Canal operations unclear and possibly upsetting its plans to sell some terminals.Panama Ports Company (PPC)…
https://www.marinelink.com/news/panama-court-quashes-ck-hutchison-port-535100
https://www.marinelink.com/news/panama-court-quashes-ck-hutchison-port-535100Dominion Energy said on Friday the total project costs for the Coastal Virginia Offshore Wind have increased to roughly $11.5 billion from $11.2 billion.The changes in estimated costs reflect the impact of temporary suspension of work issued by the U.S.
https://www.marinelink.com/news/coastal-virginia-offshore-project-costs-535102
https://www.marinelink.com/news/coastal-virginia-offshore-project-costs-535102The U.S. Coast Guard is accelerating long-term investments in cutters, aviation assets and autonomous systems following what service leaders described as a historic infusion of funding from Congress in 2025, according to testimony before the Senate Commerce Committee.During the hearing…
https://www.marinelink.com/news/uscg-commandant-outlines-investments-535105
https://www.marinelink.com/news/uscg-commandant-outlines-investments-535105A comprehensive suite of Furuno navigation and communication systems have been installed aboard Federal Hill, a new Baltimore Class high-speed pilot boat recently delivered to the Association of Maryland Pilots by Gladding-Hearn Shipbuilding.Designed for demanding harbor pilotage in all seasons…
https://www.marinelink.com/news/pilot-vessel-gets-full-furuno-suite-535106
https://www.marinelink.com/news/pilot-vessel-gets-full-furuno-suite-535106The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, soared about 7.3% to the highest since mid-December at 2,148 points on Friday. The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, jumped 12% to 3,507 points; and the panamax index, which usually carries 60,000-70,000 tons ...
https://www.hellenicshippingnews.com/baltic-dry-index-at-over-1-month-high-posts-monthly-gain/
https://www.hellenicshippingnews.com/baltic-dry-index-at-over-1-month-high-posts-monthly-gain/Seaborne coal imports into the EU fell further during 2025. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Dec 2025, global seaborne coal loadings declined by -2.8% y-o-y to 1,333.1 mln t (excluding cabotage), based on vessel tracking data from AXS Marine. In Jan-Dec 2025, exports from Indonesia declined by -6.9% y-o-y ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-eu-coal-imports-fell-in-2025/
https://www.hellenicshippingnews.com/dry-bulk-shipping-eu-coal-imports-fell-in-2025/Singapore-listed Rex International is pressing ahead with offshore development drilling in Oman after its unit Masirah Oil secured a jackup rig for work at the Yumna field. Masirah Oil said its parent company, Rex Oman, has signed a contract for the Energy Emerger jackup drilling rig, operated by Northern Offshore. The unit will be used …
https://splash247.com/rex-lines-up-jackup-rig-offshore-oman/
https://splash247.com/rex-lines-up-jackup-rig-offshore-oman/President Donald Trump has named Laura DiBella as the new chairman of the Federal Maritime Commission, filling a leadership gap at the US maritime regulator as it takes on a more assertive role in global shipping oversight. DiBella, a former Florida secretary of commerce, was designated chairman on January 28, the FMC confirmed. She was …
https://splash247.com/trump-taps-laura-dibella-to-lead-us-shipping-watchdog/
https://splash247.com/trump-taps-laura-dibella-to-lead-us-shipping-watchdog/