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A total of 45 European transport organizations are joining forces and collectively urge national governments to strengthen European funding for transport under the future EU budget, particularly to increase the budget of the future Connecting…
https://www.marinelink.com/news/european-transport-groups-urge-stronger-536067
https://www.marinelink.com/news/european-transport-groups-urge-stronger-536067Kongsberg Maritime announced the signing of a Memorandum of Understanding (MoU) with PT PAL Indonesia, the country’s largest state‑owned shipyard. The signing ceremony took place at PT PAL’s headquarters in Surabaya and was attended by representatives from Kongsberg Maritime…
https://www.marinelink.com/news/kongsberg-maritime-expands-offerings-536068
https://www.marinelink.com/news/kongsberg-maritime-expands-offerings-536068Hoyer VMS Group, a global partner for power and motion solutions at sea, is expanding its Asian headquarters in Ningbo, China. The 3,800 square meters warehouse and workshop expansion enhances Hoyer VMS capabilities in supporting shipowners, fleet managers, shipyards and OEM customers across Asia.
https://www.marinelink.com/news/hoyer-vms-group-strengthens-chinese-536069
https://www.marinelink.com/news/hoyer-vms-group-strengthens-chinese-536069The Bureau of Ocean Energy announced a Record of Decision reaffirming its prior decisions regarding Gulf of America’s Outer Continental Shelf Oil and Gas Lease Sales 259 and 261. This ROD supports BOEM’s continued commitment to responsible offshore…
https://www.marinelink.com/news/boem-reaffirms-gulf-lease-sales-536070
https://www.marinelink.com/news/boem-reaffirms-gulf-lease-sales-536070The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, was up for a second session on Monday, rising 3.4% to its highest level since February 2 at 2,112 points. The capesize index, which typically transports 150,000-ton cargoes such as iron ore and coal, advanced by 5.2% to 3,210 points; and ...
https://www.hellenicshippingnews.com/baltic-dry-index-hits-3-week-high/
https://www.hellenicshippingnews.com/baltic-dry-index-hits-3-week-high/Today, Tuesday, February 24 2026, the Baltic Dry Index climbed by 17 points, reaching 2129 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-2129-up-17-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2129-up-17-points/French-based engineering and technology company Technip Energies, in partnership with JGC and Samsung Heavy Industries, has been awarded a significant contract by the Eni-led Mozambique Rovuma Venture to progress work on the Coral Norte FLNG project. This significant contract builds on the previously announced early works contract and confirms the continued advancement of Technip Energies’ …
https://splash247.com/technip-energies-advances-mozambiques-second-flng-project/
https://splash247.com/technip-energies-advances-mozambiques-second-flng-project/Italian energy services contractor Saipem has been awarded an additional offshore contract in Saudi Arabia under its existing long-term agreement with Aramco. Saipem’s scope of work includes engineering, procurement, construction, and installation of a 48-inch trunkline comprising approximately 65 km offshore and 12 km onshore, along with associated subsea facilities in the Safaniya oil field, …
https://splash247.com/saipem-lands-500m-offshore-deal-from-aramco/
https://splash247.com/saipem-lands-500m-offshore-deal-from-aramco/Sunil Kapoor on the future of shipmanagement. It’s all about differentiation, he argues. “Traditional third-party ship management has become an anachronism. It must evolve — or it will wither on the vine and surely die.” For the past four years, this statement has echoed across conferences and boardrooms. It is often delivered with conviction, framed …
https://splash247.com/is-third-party-shipmanagement-an-anachronism-or-an-industry-at-a-crossroads/
https://splash247.com/is-third-party-shipmanagement-an-anachronism-or-an-industry-at-a-crossroads/Making a profit in shipping’s digitalisation drive is not easy, as evidenced at NASDAQ-listed Freightos, a pioneering container booking platform, where, after 14 years its founder and CEO has decided to leave the company. Zvi Schreiber, the Israeli tech entrepreneur, has walked away from Freightos, one of container shipping’s most high-profile digital platforms, citing a …
https://splash247.com/zvi-schreiber-steps-away-from-freightos/
https://splash247.com/zvi-schreiber-steps-away-from-freightos/