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At least six ships - a fraction of the usual traffic - have crossed the Strait of Hormuz in the past 24 hours, shipping data showed on Wednesday, while the U.S. and Iran remain deadlocked over coming to terms that would re-open the crucial waterway.The…
https://www.marinelink.com/news/shipping-traffic-strait-hormuz-remains-a-538606
https://www.marinelink.com/news/shipping-traffic-strait-hormuz-remains-a-538606Ukraine struck what it said was an oil pumping station 1,500 km (900 miles) into Russia near the Ural Mountains with drones overnight, and President Volodymyr Zelenskiy said Kyiv would keep increasing the range of its strikes.Kyiv has stepped up its attacks inside Russia in recent weeks…
https://www.marinelink.com/news/ukraine-strikes-russian-oil-pumping-538607
https://www.marinelink.com/news/ukraine-strikes-russian-oil-pumping-538607TotalEnergies will not resume Middle East production until shipping transit through the Strait of Hormuz has stabilised, its CEO said on Wednesday.About 15% of Total's upstream oil and gas production is offline because it is unable to ship cargoes…
https://www.marinelink.com/news/totalenergies-pauses-middle-east-538609
https://www.marinelink.com/news/totalenergies-pauses-middle-east-538609Italian shipbuilder Fincantieri and Albania's KAYO have set up a joint venture to build and maintain vessels in Albania, which is seeking to modernise its military infrastructure and deepen its NATO ties.The two sides signed a deal in the presence of the Albanian prime minister and defence minister…
https://www.marinelink.com/news/fincantieri-kayo-collaborate-strengthen-538610
https://www.marinelink.com/news/fincantieri-kayo-collaborate-strengthen-538610Donald Trump discussed how to mitigate the impact of a possible months-long U.S. blockade of Iran's ports with U.S. oil companies, a White House official said on Wednesday, as the U.S. president urged Tehran to 'get smart soon' and sign a deal.The…
https://www.marinelink.com/news/trump-discusses-prolonged-blockade-urges-538611
https://www.marinelink.com/news/trump-discusses-prolonged-blockade-urges-538611Russia has added four LNG carriers to its fleet, LSEG ship-tracking data and the Russian ship register showed on Wednesday, which could help the country to increase its market share ahead of an EU ban on Russian gas imports.The European Union…
https://www.marinelink.com/news/russia-adds-four-lng-carriers-fleet-538622
https://www.marinelink.com/news/russia-adds-four-lng-carriers-fleet-538622The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, snapped a two-day winning streak on Wednesday, falling 0.3% to 2,670 points. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, decreased 0.5% to 4,283 points; and the supramax went down 0.5% to 1,534 points. ...
https://www.hellenicshippingnews.com/baltic-dry-index-snaps-2-day-advance/
https://www.hellenicshippingnews.com/baltic-dry-index-snaps-2-day-advance/The New Zealand Defence Force (NZDF) has concluded a series of maritime patrols monitoring North Korea’s evasion of United Nations Security Council (UNSC) sanctions in the international waters of the Yellow Sea and East China Sea. Patrols conducted by the Royal New Zealand Air Force observed a possible ship-to-ship transfer of illicit goods, reported 35 …
https://splash247.com/new-zealand-flags-suspected-north-korea-sanctions-breaches-at-sea/
https://splash247.com/new-zealand-flags-suspected-north-korea-sanctions-breaches-at-sea/The US Department of Transportation’s Maritime Administration (MARAD) has announced a $774m investment into US port infrastructure. A total of 37 projects will receive funding under MARAD’s Port Infrastructure Development Program (PIDP). The awards are intended to improve capacity expansion, operational efficiency, and supply chain resilience in coastal seaports, Great Lakes ports, and inland river …
https://splash247.com/us-commits-774m-to-upgrade-port-infrastructure-nationwide/
https://splash247.com/us-commits-774m-to-upgrade-port-infrastructure-nationwide/German utility RWE has signed two major power purchase agreements (PPAs) to supply renewable electricity from its Gwynt y Môr offshore wind farm to Breedon Group and Network Rail. Breedon Group will receive around 70GWh of renewable electricity per year under a 15‑year PPA with RWE, sourced initially from the Gwynt y Môr offshore wind …
https://splash247.com/rwe-locks-in-long-term-buyers-for-welsh-offshore-wind-farm-output/
https://splash247.com/rwe-locks-in-long-term-buyers-for-welsh-offshore-wind-farm-output/