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The Australian Border Force (ABF) has praised the swift actions of the Anindilyakwa Land and Sea Rangers and Northern Territory Police following the detection and apprehension of foreign fishers on Groote Eylandt on December 9.It comes amid…
https://www.marinelink.com/news/australian-rangers-act-swiftly-illegal-533532
https://www.marinelink.com/news/australian-rangers-act-swiftly-illegal-533532Seadrill Limited has been awarded contracts for the West Neptune, Sevan Louisiana, and Sonangol Quenguela.In the U.S. Gulf, the West Neptune was awarded a contract with LLOG Exploration. The four-month program is expected to commence in direct continuation to the current contract…
https://www.marinelink.com/news/seadrill-awarded-contract-us-gulf-angola-533533
https://www.marinelink.com/news/seadrill-awarded-contract-us-gulf-angola-533533“Inflation is on the rise again, plate prices are collapsing in the wrong places, all while the U.S. dollar continues to rummage through the wreckage of 2025 for whatever it can suck out of ship-recycling currencies and both freight rates and oil futures tumble in unison…
https://www.marinelink.com/news/inflation-steel-prices-impact-ship-533534
https://www.marinelink.com/news/inflation-steel-prices-impact-ship-533534The European Union adopted fresh sanctions against Russian oil interests on Monday, targeting traders Murtaza Lakhani and Etibar Eyyub for helping Moscow to circumvent Western sanctions on crude exports that help to fund Russia's war in Ukraine.The EU has imposed 19 packages of sanctions so far…
https://www.marinelink.com/news/eu-imposes-sanctions-oil-traders-533535
https://www.marinelink.com/news/eu-imposes-sanctions-oil-traders-533535Ukraine said on Monday it hit and disabled a Russian missile-carrying submarine docked at a Black Sea naval base using underwater sea drones for the first time, but Moscow denied the strike caused any damage.The attack with Ukrainian-made "Sub…
https://www.marinelink.com/news/ukraine-says-underwater-drones-hit-533536
https://www.marinelink.com/news/ukraine-says-underwater-drones-hit-533536Prices of Dalian iron ore fell on Monday to hit their lowest level in more than five months, as top consumer China’s plan to roll out a licence system from 2026 to regulate steel exports cast a shadow on demand prospects. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE) closed daytime trade ...
https://www.hellenicshippingnews.com/dalian-iron-ore-hits-five-month-low-as-china-plans-to-regulate-steel-exports/The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, edged down on Monday, pressured by weaker panamax vessel rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 12 points, or 0.5%, to 2,193 points, its lowest since November 17. The ...
https://www.hellenicshippingnews.com/baltic-index-edges-lower-on-weaker-panamax-rates/
https://www.hellenicshippingnews.com/baltic-index-edges-lower-on-weaker-panamax-rates/Soybean cargoes have been gaining market share in the dry bulk shipping trade. In its latest weekly report, shipbroker Intermodal said that “soybeans have again emerged as one of the most influential variables for dry bulk demand, especially for Kamsarmax vessels that anchor the Brazil–China and US–China export corridors. Today’s combination of ongoing US–China trade ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-soybean-trade-gaining-market-share/
https://www.hellenicshippingnews.com/dry-bulk-shipping-soybean-trade-gaining-market-share/Manila-based port operator International Container Terminal Services Inc (ICTSI) is pressing ahead with a major expansion at Brazil’s Rio Brasil Terminal, committing R$948m ($175m) to lift capacity and modernise operations at the Port of Rio de Janeiro. The investment programme, running from 2025 to 2029, will increase annual capacity by more than 70%, from 440,000 …
https://splash247.com/ictsi-pours-175m-into-rio-terminal-expansion/
https://splash247.com/ictsi-pours-175m-into-rio-terminal-expansion/The Poseidon Principles, the shipping finance framework used by banks to track and disclose climate alignment, is widening its scope to bring more of the maritime finance world into the tent. Until now, the initiative has largely been the domain of ship lenders, lessors and financial guarantors. That is set to change. The Poseidon Principles …
https://splash247.com/poseidon-principles-opens-the-door-to-private-capital/
https://splash247.com/poseidon-principles-opens-the-door-to-private-capital/