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The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated the teapot refinery Hebei Xinhai Chemical Group and three port terminal operators in Shandong Province for their role in purchasing or facilitating the delivery of hundreds of millions of dollars’ worth of Iranian oil. OFAC has also imposed sanctions on several companies, …
https://splash247.com/washington-unveils-another-package-of-sanctions-aimed-at-irans-oil-shipments/
https://splash247.com/washington-unveils-another-package-of-sanctions-aimed-at-irans-oil-shipments/The master of the Newnew Polar Bear, a Hong Kong-flagged boxship, has been taken into custody in Hong Kong for damaging a gas pipeline in the Baltic Sea 19 months ago. Wan Wenguo, 43, appeared at a court in Hong Kong yesterday to face a charge of criminal damage and two additional charges for breaching …
Low-hanging fruit and the ramifications of what was agreed at last month’s Marine Environment Protection Committee (MEPC) gathering at the International Maritime Organization formed much of the discussion during the Dry Decarbonisation panel moderated by Lloyd’s Register’s Nikos Kakalis at last week’s Geneva Dry summit. Massimo Giovannini, managing partner at Monaco owner Trans Sea Transport …
https://splash247.com/dry-bulks-long-path-towards-decarbonisation/
https://splash247.com/dry-bulks-long-path-towards-decarbonisation/The UK is set to impose a new wave of sanctions against the Russian oil trade, targeting up to 100 more ships. The biggest sanctions package against Russia’s shadow fleet should bring the total number of oil tankers blacklisted by the UK to more than 230. Announcing the latest move, Britain said the ships being …
https://splash247.com/uk-readies-sanctions-on-another-100-russian-linked-tankers/
https://splash247.com/uk-readies-sanctions-on-another-100-russian-linked-tankers/The backers of a new open registry have dusted off plans first aired three years ago, and presented the concept of a US Virgin Islands (USVI) flag to Donald Trump, amid the current government’s determination to bolster American maritime. The flag idea has been submitted to the White House by the Center for Ocean Policy …
https://splash247.com/backers-of-new-us-virgin-islands-registry-present-plans-to-trump/
https://splash247.com/backers-of-new-us-virgin-islands-registry-present-plans-to-trump/The US Coast Guard’s Office of Commercial Vessel Compliance recently released its U.S. Port State Control Annual Report for 2024 highlighting a 200% increase in untreated ballast water discharges compared to 2023.With this result, there’s still a risk of invasive species arriving in ballast water.
https://www.marinelink.com/news/geographical-gaps-limit-ballast-water-525541
https://www.marinelink.com/news/geographical-gaps-limit-ballast-water-525541The same error-prone sensitivity that has slowed down the development of quantum computers is being turned into an advantage for GPS-denied navigation.A new quantum sensing technology from Australia-based Q-CTRL has most recently caught the…
https://www.marinelink.com/news/quantum-sensing-beats-gpsdenied-525542
https://www.marinelink.com/news/quantum-sensing-beats-gpsdenied-525542ABS and HD Hyundai Mipo (HMD) have signed a joint development project (JDP) for digital manufacturing-based automation equipment for shipyards.The JDP will focus on leveraging smart technology within HD Hyundai Mipo’s shipyard operations that include artificial intelligence…
https://www.marinelink.com/news/abs-hd-hyundai-mipo-advance-automated-525543
https://www.marinelink.com/news/abs-hd-hyundai-mipo-advance-automated-525543The Mission to Seafarers' latest edition of its quarterly Seafarers Happiness Index has revealed a steadying in seafarer satisfaction, marking a small rise as the survey enters its 10th year.The Q1 report shows an overall rise in seafarer happiness to 6.98 out of 10, up from 6.91 in Q4 2024.
https://www.marinelink.com/news/seafarers-happiness-index-steadies-525517
https://www.marinelink.com/news/seafarers-happiness-index-steadies-525517The prospect of a large scale return of container ships to the Red Sea following the announcement of a ceasefire between the US and Houthi militia in Yemen would flood the market with shipping capacity and cause a global collapse in freight rates…
https://www.marinelink.com/news/potential-return-container-ships-red-sea-525518
https://www.marinelink.com/news/potential-return-container-ships-red-sea-525518