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Howden has started offering war risk cargo insurance to cover vessels sailing through the Red Sea against drone and missile attacks as geopolitical tensions escalate in the region, the UK-based insurance broker told Reuters on Tuesday.The cost…
https://www.marinelink.com/news/broker-howden-launches-red-sea-cargo-war-513000
https://www.marinelink.com/news/broker-howden-launches-red-sea-cargo-war-513000South Korea remembered the 304 people, most of them school children, who died on the Sewol ferry on the 10th anniversary of its sinking on Tuesday, with families calling for a proper apology for the unnecessary deaths of their loved ones.Many parents attended a memorial service in the city of Ansan…
https://www.marinelink.com/news/south-koreans-seek-answers-years-sewol-513001
https://www.marinelink.com/news/south-koreans-seek-answers-years-sewol-513001Bellingham, Wash. shipbuilder All American Marine (AAM) announced it has been awarded a contract to build a new research vessel for the marine sciences program at the California Polytechnical Institute at Humboldt (Cal Poly).The vessel is a…
https://www.marinelink.com/news/american-marine-build-research-vessel-cal-513002
https://www.marinelink.com/news/american-marine-build-research-vessel-cal-513002Portugal's foreign ministry summoned Iran's ambassador on Tuesday to condemn Saturday's attack on Israel by Tehran and to demand the immediate release of a Portuguese-flagged container ship, the MSC Aries, that was seized by Iran on April 13.The…
https://www.marinelink.com/news/portugal-urges-iran-release-containership-513003
https://www.marinelink.com/news/portugal-urges-iran-release-containership-513003U.S. sanctions are limiting tanker activity for Russia's top shipping group, Sovcomflot, the company's head said on Tuesday, as Washington tightens the screws on Moscow.The U.S. imposed sanctions on Sovcomflot on Feb. 23 as Washington seeks…
https://www.marinelink.com/news/us-sanctions-impacting-sovcomflots-513004
https://www.marinelink.com/news/us-sanctions-impacting-sovcomflots-513004Optimarin AS, a Norwegian supplier of ballast water treatment systems (BWTS), announced it has agreed to acquire the Hyde Marine UV business from the Italian multinational Industrie De Nora S.p.A.
https://www.marinelink.com/news/optimarin-acquires-hyde-marine-business-513005
https://www.marinelink.com/news/optimarin-acquires-hyde-marine-business-513005Marine technology company Sea Machines Robotics has unveiled a new uncrewed surface vessel (USV) geared for industries ranging from hydrographic surveying, offshore asset inspection, and persistent on water operations such as security and environmental studies.The first model…
https://www.marinelink.com/news/sea-machines-unveils-selkie-uncrewed-513006
https://www.marinelink.com/news/sea-machines-unveils-selkie-uncrewed-513006For 15 years the Maritime Risk Symposium (MRS), an annual three-day event, has brought together government and maritime industry leaders, port representatives, international and domestic researchers and solution providers to examine current and emerging threats to maritime security.
https://www.marinelink.com/news/maritime-risk-symposium-great-power-513008
https://www.marinelink.com/news/maritime-risk-symposium-great-power-513008Iron ore futures fell on Tuesday, with the Dalian contract falling for the first session in seven, as investors reconsidered stimulus prospects from top consumer China after its first-quarter economic growth topped forecasts. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 1.49% lowerat 826 yuan ($114.10) a metric ...
https://www.hellenicshippingnews.com/iron-ore-falls-as-investors-rethink-china-stimulus-prospects-after-gdp-data/Iron ore has emerged as the surprise in China’s first quarter commodity imports, with arrivals posting strong gains despite the gloom surrounding the key property construction sector. March imports were 100.72 million metric tons, up 3.3% from February’s 97.51 million and just exceeding the 100.23 million from March 2023, according to official customs data released ...
https://www.hellenicshippingnews.com/chinas-iron-ore-imports-rise-as-inventories-build-russel/
https://www.hellenicshippingnews.com/chinas-iron-ore-imports-rise-as-inventories-build-russel/