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Euroholdings, a spinoff of Greek containership owner Euroseas, has decided to shift its focus to the tanker sector. The Nasdaq-listed outfit, taken over by the fellow Latsis family’s Marla Investments in June, said in its earnings report that it will initially pursue investments in the product segment. “Over the next several months, we will be …
https://splash247.com/latsis-controlled-euroseas-spinoff-sets-sights-on-product-tankers/
https://splash247.com/latsis-controlled-euroseas-spinoff-sets-sights-on-product-tankers/Barcelona-based bound4blue has been turning heads with its suction sails—wind-assisted propulsion systems now cutting fuel burn and emissions on multiple ships. But ask CEO and co-founder José Miguel Bermúdez where the next big shipping technology breakthrough will come from, and he doesn’t point to some gleaming new innovation. Instead, he’s betting on something less flashy …
https://splash247.com/bound4blue-integration-not-invention/
https://splash247.com/bound4blue-integration-not-invention/South Korea’s HD Hyundai is set to restart large-scale shipbuilding in the Philippines from January next year, with a revamped Subic Bay yard capable of turning out up to 10 vessels annually. The shipbuilding giant has signed a 10-year lease for 200 hectares from Agila Subic, a Cerberus-owned operator of the former Hanjin shipyard, and …
The United States has formally rejected the International Maritime Organization’s (IMO) proposed carbon levy, branding it a “global carbon tax on Americans” and vowing to rally opposition ahead of a key vote in October. In a joint statement, secretary of state Marco Rubio, commerce secretary Howard Lutnick, energy secretary Chris Wright, and transportation secretary Sean …
https://splash247.com/us-rejects-imo-net-zero-framework/
https://splash247.com/us-rejects-imo-net-zero-framework/A Liberian-flagged oil tanker that had been detained by Iraq's navy has been released and is en route to the United Arab Emirates, two sources familiar with the matter said on Tuesday.The vessel, which had been identified by authorities and shipping sources as the Liliana tanker, was carrying 93,000
https://www.marinelink.com/news/iraq-frees-oil-tanker-court-order-528903
https://www.marinelink.com/news/iraq-frees-oil-tanker-court-order-528903The U.S. on Tuesday rejected the "Net-Zero Framework" proposal by the IMO, which is aimed at reducing global greenhouse gas emissions from the international shipping sector, and threatened measures against countries that support it.The announcement…
https://www.marinelink.com/news/us-threatens-imo-members-528904
https://www.marinelink.com/news/us-threatens-imo-members-528904A Chevron-chartered tanker docked at Venezuelan state company PDVSA's Jose terminal on Tuesday, positioning it to be the first to export crude to the United States under a new license Chevron received in July, LSEG tracking data showed.The U.S.
https://www.marinelink.com/news/first-tanker-docks-venezuela-new-us-528905
https://www.marinelink.com/news/first-tanker-docks-venezuela-new-us-528905Fairbanks Morse Defense (FMD) has secured a contract from Birdon to supply key fluid control components for the U.S. Coast Guard’s Waterways Commerce Cutter (WCC) program. The company will deliver motor-operated valves for the first two vessels.The…
https://www.marinelink.com/news/fairbanks-morse-defense-awarded-us-coast-528908
https://www.marinelink.com/news/fairbanks-morse-defense-awarded-us-coast-528908UK maritime intelligence company Pole Star Global has acquired Clearwater Dynamics, a UK-based real-time maritime risk intelligence provider and creator of Coral — a platform for managing marine insurance risk.The acquisition strengthens Pole Star’s position in maritime domain awareness…
https://www.marinelink.com/news/pole-star-global-acquires-clearwater-528909
https://www.marinelink.com/news/pole-star-global-acquires-clearwater-528909Machinery failure is one of the leading causes of accidents at sea, and a new study shows that smarter, real-time monitoring could significantly reduce the risk. According to From Data to Action, a report on the topic of high-frequency data supported by Danelec and published by Thetius…
https://www.marinelink.com/news/report-highfrequency-data-boosts-528910
https://www.marinelink.com/news/report-highfrequency-data-boosts-528910