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Conrad Industries has announced a net income of $5.8 million for the quarter ended June 30, 2025.Earnings per diluted share of $1.16 compared to net income of $2.2 million and earnings per diluted share of $0.44 during the second quarter of…
https://www.marinelink.com/news/conrad-industries-announces-income-jump-528998
https://www.marinelink.com/news/conrad-industries-announces-income-jump-528998The Ukrainian military said it struck the port of Olya in Russia's Astrakhan region on Thursday, hitting a ship with drone parts and ammunition from Iran.Russia uses the port as an important logistics hub for the supply of military goods from Iran, the Ukrainian military said in a statement on Frida
https://www.marinelink.com/news/ukraine-strikes-russian-port-astrakhan-529004
https://www.marinelink.com/news/ukraine-strikes-russian-port-astrakhan-529004Star Information Systems (STAR) has acquired Sharecat, a provider of solutions for managing and improving technical data quality for complex industrial operations.STAR delivers advanced systems for maintenance, operations planning, procurement…
https://www.marinelink.com/news/star-information-systems-datadriven-asset-528977
https://www.marinelink.com/news/star-information-systems-datadriven-asset-528977Without a way for industry to work together, the US, Canada, and Finland will not achieve the aims of the ICE pact, writes Denis Morais, CEO SSI.The United States and Canada have made no secret of their desire to add to their ice-breaking capacity…
https://www.marinelink.com/news/arctic-shipbuilding-alliance-break-ice-528980
https://www.marinelink.com/news/arctic-shipbuilding-alliance-break-ice-528980Since coming into force, the IMO Polar Code has had a positive effect on maritime operations in polar waters, write Dan Oldford and Ed Moakler, ABS HETC, St. John’s, Newfoundland and Labrador.What is the Polar Code, When and Why did it come…
https://www.marinelink.com/news/five-ws-imo-polar-code-528983
https://www.marinelink.com/news/five-ws-imo-polar-code-528983The Schulte Group has reached another significant milestone with the launch of its first LCO2 tanker, currently under construction at Dalian Shipbuilding & Offshore Company (DSOC).
https://www.bs-shipmanagement.com/media-centre/article/437/pioneering-lco2-tanker-finally-in-its-proper-element/The Schulte Group has reached another significant milestone with the launch of its first LCO2 tanker, currently under construction at Dalian Shipbuilding & Offshore Company (DSOC).
https://www.bs-shipmanagement.com/media-centre/article/437/pioneering-lco2-tanker-finally-in-its-proper-element/A fire broke out on Wednesday onboard a Maersk ultra-large containership while sailing off the coast of Liberia. The 2013-built 19,076 teu Marie Maersk, operating under the Gemini Cooperation’s Asia–Europe AE4 service, was en route from Rotterdam to Tanjung Pelepas when crewmembers detected smoke coming from containers on deck. The ship’s crew activated onboard firefighting …
https://splash247.com/fire-hits-maersk-ship-off-liberia/
https://splash247.com/fire-hits-maersk-ship-off-liberia/The US decision to go public on its offensive against the International Maritime Organization’s proposed net-zero framework has created considerable debate within the shipping community. Various ministers within the Donald Trump administration issued a joint statement this week branding the plan a “global carbon tax on Americans” and threatening retaliation ahead of an October vote …
https://splash247.com/shipping-navigates-net-zero-waters-without-us-support/
https://splash247.com/shipping-navigates-net-zero-waters-without-us-support/Norwegian shipleasing specialist Ocean Yield and KKR-managed vehicles have agreed to acquire CapeOmega Gas Transportation from private equity firm Partners Group, expanding their exposure to the LNG sector. CapeOmega holds joint ownership in a fleet of ten 174,000 cu m LNG carriers operated by Knutsen. Seven of the ships are already on the water, averaging …
https://splash247.com/ocean-yield-moves-deeper-into-lng-via-10-ship-capeomega-deal/
https://splash247.com/ocean-yield-moves-deeper-into-lng-via-10-ship-capeomega-deal/