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Vestdavit has bolstered its position as a supplier of boat-handling systems to navies worldwide after landing an order to deliver multiple davits and painter booms for a series of Offshore Patrol Vessels (OPVs) contracted by the French Navy…
https://www.marinelink.com/news/vestdavit-seals-deal-deliver-plr-davits-525697
https://www.marinelink.com/news/vestdavit-seals-deal-deliver-plr-davits-525697Gladding-Hearn Shipbuilding, Duclos Corporation has delivered a repowered pilot boat, after 10 years of continuous service for the port of Charleston, to the Charleston Branch Pilots. The all-aluminum vessel was also outfitted with a Seakeeper…
https://www.marinelink.com/news/gladdinghearn-delivers-repowered-launch-525698
https://www.marinelink.com/news/gladdinghearn-delivers-repowered-launch-525698India has approved three Russian insurers, including a unit of top lender Sberbank, to provide marine cover to ships arriving at Indian ports, a government notification shows, helping Moscow maintain oil supplies to a key market.India is the…
https://www.marinelink.com/news/india-oks-russian-marine-insurers-525699
https://www.marinelink.com/news/india-oks-russian-marine-insurers-525699The number of vessels that passed through the Panama Canal rose to an average of 34 per day for a total of 1,021 transits last month, from an average of 33.7 per day in March, according to a bulletin published by the waterway's authority.In the first four months of 2025…
https://www.marinelink.com/news/panama-canal-traffic-rises-april-525700
https://www.marinelink.com/news/panama-canal-traffic-rises-april-525700The U.S. Treasury Department imposed sanctions on more than 20 companies in a network that it said has long sent Iranian oil to China, days after negotiators from Iran and the United States concluded a fourth round of nuclear talks.The network…
https://www.marinelink.com/news/us-sanctions-companies-tied-irantochina-525701
https://www.marinelink.com/news/us-sanctions-companies-tied-irantochina-525701Prices of iron ore futures touched a more than two-week high on Tuesday, supported by a U.S.-China temporary trade agreement, although caution over a final deal and potentially slower near-term demand limited gains. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! traded 1.56% higher at 718 yuan ($99.82) a metric ...
https://www.hellenicshippingnews.com/iron-ore-touches-over-2-week-high-on-china-us-trade-truce-caution-caps-gains/A surprising tariff pause between Beijing and Washington will not help U.S. farmers gain soy sales in China without additional concessions, producers said, because top-supplier Brazil still has a competitive price advantage. Under the truce announced on Monday, the U.S. will cut extra tariffs it imposed on Chinese imports to 30% from 145% for the ...
https://www.hellenicshippingnews.com/us-farmers-say-brazil-still-has-edge-in-chinas-soybean-market-despite-trade-truce/The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell to a three-week low on Tuesday on lower rates for capesize and panamax vessels. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, fell 24 points, or 1.84%, to 1,280, its lowest ...
https://www.hellenicshippingnews.com/baltic-index-hits-three-week-low-on-weaker-capesize-panamax-rates/Russia is stepping up the development and renewal of its fleet with plans to add more than 1,600 domestically built ships by 2036. Russian prime minister Mikhail Mishustin said that more than RUB500bn ($6.2bn) in federal funding will be spent over the next six years to support shipbuilders, component manufacturers and shipowners. He noted that …
https://splash247.com/russia-readies-billions-for-domestic-fleet-buildout/
https://splash247.com/russia-readies-billions-for-domestic-fleet-buildout/Over 50 activists from the Green Youth Movement (Den Grønne Ungdomsbevægelse) have broken into the Copenhagen office of Maersk Tankers. The activists claim that the action is part of a larger series of actions over the next 10 days that will focus on the alleged role of Maersk in the climate crisis and Israel’s war …
https://splash247.com/greta-thunberg-led-activists-storm-maersk-tankers-copenhagen-office/
https://splash247.com/greta-thunberg-led-activists-storm-maersk-tankers-copenhagen-office/