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Combifloat Group of the Netherlands and Poseidon Barge of the United States, with the backing of Marine Equipment Solutions (MES), have launched a new joint venture (JV) under the name of Poseidon Jackup to bring ‘world-class’ modular jack-up…
https://www.marinelink.com/news/poseidon-jackup-jv-targets-north-american-530720
https://www.marinelink.com/news/poseidon-jackup-jv-targets-north-american-530720American Bureau of Shipping (ABS) has granted approval in principle (AiP) for VesselWise, a next-generation autonomous technology for optimizing propulsion to improve fuel efficiency and enhance operational stability.The technology was developed…
https://www.marinelink.com/news/hd-hyundai-groups-nextgen-autonomous-tech-530725
https://www.marinelink.com/news/hd-hyundai-groups-nextgen-autonomous-tech-530725The Israeli military intercepted the last boat in an aid flotilla attempting to reach blockaded Gaza on Friday, a day after stopping most of the vessels and detaining some 450 activists including Swedish campaigner Greta Thunberg.The organisers…
https://www.marinelink.com/news/israel-stops-last-gaza-aid-flotilla-boat-530726
https://www.marinelink.com/news/israel-stops-last-gaza-aid-flotilla-boat-530726HII announced that Roger Kelly has been promoted to vice president of contracts and pricing at its Newport News Shipbuilding division. Kelly succeeds Matt Mulherin Jr., who has been appointed vice president of supply chain and strategic sourcing…
https://www.marinelink.com/news/hii-names-roger-kelly-vice-president-530730
https://www.marinelink.com/news/hii-names-roger-kelly-vice-president-530730A new study published in Marine Pollution Bulletin shows that oil is still seeping from the wreck of the USS Arizona, more than 80 years after its sinking at Pearl Harbor. The study focuses on samples collected by the National Park Service in 2016 and 2018.Researchers…
https://www.marinelink.com/news/oil-leaking-uss-arizona-provide-guidance-530731
https://www.marinelink.com/news/oil-leaking-uss-arizona-provide-guidance-530731Today, Friday, October 03 2025, the Baltic Dry Index decreased by 08 points, reaching 1901 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1901-down-08-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1901-down-08-points/Italian major Eni has reached the final investment decision (FID) to develop the Coral North FLNG project, deepwater offshore Cabo Delgado, north of Mozambique. The project will put into production the gas volumes from the northern part of Area 4’s Coral gas reservoir, in the Rovuma basin, through an FLNG unit. The project will be …
https://splash247.com/eni-sanctions-second-flng-development-offshore-mozambique/
https://splash247.com/eni-sanctions-second-flng-development-offshore-mozambique/With 11 days to go until its introduction, the US Trade Representative’s planned hike in port fees for Chinese-linked tonnage has been a near-constant in the shipping news this week. Chinese premier Li Qiang signed a State Council decree over the weekend, which states that China will take necessary countermeasures against countries or regions that …
https://splash247.com/splash-wrap-china-readies-response-to-us-port-fees/
https://splash247.com/splash-wrap-china-readies-response-to-us-port-fees/Rising crude tanker earnings in recent weeks have triggered renewed momentum in the suezmax sale and purchase market, with transactions brisk—even among older tonnage—despite heightened scrutiny on the so-called dark fleet. Values for vintage ships remain unpredictable yet firm, often depending on survey timing, specifications, and overall condition. The latest deal sees Turkish owner Denizcilik …
https://splash247.com/secondhand-suezmaxes-in-demand/
https://splash247.com/secondhand-suezmaxes-in-demand/Global terminal operator DP World has signed a memorandum of understanding with global commerce platform PayPal to collaborate on a first-of-its-kind digital payments initiative designed to simplify and speed up cross-border trade. Sultan Ahmed bin Sulayem, DP World chairman and CEO, said: “In logistics, speed and transparency mean everything and payments linked to logistics are …
https://splash247.com/dp-world-partners-with-paypal-to-speed-up-cross-border-trade/
https://splash247.com/dp-world-partners-with-paypal-to-speed-up-cross-border-trade/