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European Commissioner for Sustainable Transport and Tourism Apostolos Tzitzikostas visited Fincantieri’s Monfalcone shipyard, underscoring the facility’s growing strategic importance as Europe prepares a new Maritime Industrial Strategy for 2026.During the visit…
https://www.marinelink.com/news/eu-transport-commissioner-supports-532805
https://www.marinelink.com/news/eu-transport-commissioner-supports-532805Fairbanks Morse Defense (FMD) entered into an agreement with IMI plc, to acquire its Birmingham, UK-based Truflo Marine business, a provider of mission-critical valves and actuators.This acquisition will complement FMD’s existing build-to-print capabilities…
https://www.marinelink.com/news/fmd-acquisition-trail-again-532806
https://www.marinelink.com/news/fmd-acquisition-trail-again-532806China’s leading marine lubricant suppliers are embracing onboard oil testing technology. The adoption of portable lube-oil analyzers represents a shift in how the country’s oil majors including Sinopec, PetroChina, and CNOOC, look to service…
https://www.marinelink.com/news/chinese-oil-majors-invest-onboard-oil-532811
https://www.marinelink.com/news/chinese-oil-majors-invest-onboard-oil-532811France-based BIO-UV Group, a specialist in UV-, ozone-, salt-electrolysis- and AOP-based water-treatment technologies, has announced three senior appointments to support and strengthen the company’s expansion across new and existing markets.The…
https://www.marinelink.com/news/biouv-group-announces-new-leadership-532812
https://www.marinelink.com/news/biouv-group-announces-new-leadership-532812China imported no soybeans from the U.S. for a second straight month in October even as total imports surged to a record high on purchases from South America, with buyers aiming to avert supply disruptions amid trade tensions with Washington. Data from China’s General Administration of Customs on Thursday showed U.S. soybean imports in October ...
https://www.hellenicshippingnews.com/china-imports-no-us-soybeans-for-second-month-brazil-arrivals-up-29/Today, Monday, November 24 2025, the Baltic Dry Index climbed by 20 points, reaching 2295 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-climbs-to-2295-up-20-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2295-up-20-points/UK energy services company Petrofac is in the process of firing around 200 of its staff in the United Arab Emirates, with a day’s notice. Around 180 people in the UAE connected to an offshore wind grid programme that underpinned most of the company’s engineering and construction revenue were laid off last week, ending on …
https://splash247.com/petrofac-fires-200-workers-with-one-days-notice-amid-financial-meltdown/
https://splash247.com/petrofac-fires-200-workers-with-one-days-notice-amid-financial-meltdown/South Korea’s HMM has gone local for its latest newbuilds, contracting HD Hyundai for eight 13,400 teu LNG dual-fuel containerships, in a deal worth $1.46bn. Two vessels will be built by HD Hyundai Heavy Industries (HHI) and six by HD Hyundai Samho, with deliveries scheduled consecutively through the first half of 2029. HMM became the …
https://splash247.com/hmm-contracts-hd-hyundai-for-eight-13400-teu-ships/
https://splash247.com/hmm-contracts-hd-hyundai-for-eight-13400-teu-ships/MISC’s tanker subsidiary AET has contracted for two LNG dual-fuel suezmax vessels at an unspecified yard. With this order, MISC, Malaysia’s largest shipping firm, will have dual-fuel capability in all the tanker sectors it operates in – aframaxes, shuttle tankers, suezmaxes and VLCCs. “This milestone reinforces MISC Group’s commitment to advancing the energy transition and …
https://splash247.com/aet-orders-pair-of-suezmaxes/
https://splash247.com/aet-orders-pair-of-suezmaxes/Four men, including the chief officer of an international livestock carrier, have been charged over their alleged roles in an organised crime plot to import more than 525kg of cocaine into Australia, after packages of the drug were found floating…
https://www.marinelink.com/news/chief-officer-livestock-carrier-charged-532786
https://www.marinelink.com/news/chief-officer-livestock-carrier-charged-532786