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The American Petroleum Institute (API) and the National Ocean Industries Association (NOIA) released a new report, Unlocking the New South-Central Gulf of America for Energy Development: Potential Economic Impacts and Opportunities, highlighting the opportunity to strengthen U.S.
https://www.marinelink.com/news/apinoia-reports-benefits-expanding-538675
https://www.marinelink.com/news/apinoia-reports-benefits-expanding-538675In the crude oil tanker market, conditions remained firm in the first half of the fiscal year, as in the previous fiscal year. From September onwards, the vessel supply-demand balance tightened due to an increase in cargo volumes following the unwinding of voluntary production cuts by OPEC+ nations, and market conditions remained at high levels. ...
https://www.hellenicshippingnews.com/mitsui-o-s-k-lines-sees-firming-market-conditions-in-dry-bulk/
https://www.hellenicshippingnews.com/mitsui-o-s-k-lines-sees-firming-market-conditions-in-dry-bulk/Dry bulker prices have been on an uptrend for a number of months, despite the fact that earnings have remained mostly flat during this period. In its latest weekly report, shipbroker Xclusiv said that “the period spanning late February to late April 2026 has delivered a market narrative defined by divergence, resilience, and most notably, ...
https://www.hellenicshippingnews.com/dry-bulk-carriers-repricing-hard-to-explain-but-still-evident/
https://www.hellenicshippingnews.com/dry-bulk-carriers-repricing-hard-to-explain-but-still-evident/Singapore’s PSA International has secured an investment in Xiamen Container Terminal Group, which comprises eight container terminals with an annual designed capacity of approximately 20m teu. As part of the transaction, PSA will further increase its investment in the Xiamen Port Intermodal Logistics Hub, enhancing the integration of Fujian’s port, supply chain, and intermodal capabilities. …
https://splash247.com/psa-international-boosts-china-footprint-with-xiamen-terminal-investment/
https://splash247.com/psa-international-boosts-china-footprint-with-xiamen-terminal-investment/After Norwind Offshore announced it had closed the acquisition of six CSOVs from Edda Wind, UK offshore vessel owner North Star revealed it had completed the acquisition of four service operation vessels (SOVs) from the same company. The transaction takes North Star’s offshore wind fleet to 14 vessels, establishing it as the world’s largest offshore …
https://splash247.com/north-star-grows-fleet-to-14-vessels-with-latest-sov-quartet-buy/
https://splash247.com/north-star-grows-fleet-to-14-vessels-with-latest-sov-quartet-buy/The Mission to Seafarers, a welfare charity serving merchant crews around the world, has appointed Guy Platten as its new chairman. Platten, a chartered master mariner, brings more than four decades of senior leadership experience to the role, most recently serving as secretary general and CEO of the International Chamber of Shipping (ICS). He takes …
https://splash247.com/mission-to-seafarers-appoints-guy-platten-as-chairman/
https://splash247.com/mission-to-seafarers-appoints-guy-platten-as-chairman/Israel has intercepted aid ships bound for Gaza in international waters near Greece, flotilla organisers said on Thursday, decrying the move as an "escalation of Israel's impunity".A second flotilla carrying humanitarian aid to Palestinians…
https://www.marinelink.com/news/israel-seizes-gazabound-aid-ships-538636
https://www.marinelink.com/news/israel-seizes-gazabound-aid-ships-538636Norwind Offshore has doubled its fleet through the acquisition of six commissioning service operation (CSOV) vessels from Edda Wind.The transaction was completed in partnership with Navigare Capital Partners, the company said.The vessels have…
https://www.marinelink.com/news/norwind-offshore-doubles-fleet-six-csovs-538642
https://www.marinelink.com/news/norwind-offshore-doubles-fleet-six-csovs-538642Wind propulsion specialist bound4blue has completed the second installation of its suction sail system for Maersk Tankers, fitting four 24-meter eSAIL units on the Maersk Tahiti at a shipyard in China.The installation forms part of a broader…
https://www.marinelink.com/news/boundblue-installs-wind-propulsion-system-538645
https://www.marinelink.com/news/boundblue-installs-wind-propulsion-system-538645A new all-electric passenger vessel is set to enter service in western Norway, as newly formed operator Cityboat has placed an order for a zero-emission shuttle from Hyke to support tourism and local transport around Haugesund’s island network.Cityboat…
https://www.marinelink.com/news/new-order-zeroemission-passenger-vessel-538648
https://www.marinelink.com/news/new-order-zeroemission-passenger-vessel-538648