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The global dry bulk fleet is facing a sharp contraction in younger, more efficient tonnage, with the supply of vessels under 15 years of age projected to fall by 22% by 2028, according to new analysis shared by Oliver Kirkham, Senior Valuation Analyst at Veson Nautical…
https://www.marinelink.com/news/maturing-dry-bulk-fleet-illequipped-526992
https://www.marinelink.com/news/maturing-dry-bulk-fleet-illequipped-526992The Secretary-General of the International Maritime Organization (IMO), Arsenio Dominguez has applauded the important commitments made at the United Nations Ocean Conference (9-13 June) in Nice, France, while urging countries to deliver on these…
https://www.marinelink.com/news/imo-calls-action-un-ocean-conference-526993
https://www.marinelink.com/news/imo-calls-action-un-ocean-conference-526993Acteon’s Rocksteady Tension Tool (RSTT) has been selected by InnovateUK iX, a UK program designed to fast-track knowledge transfer and accelerate innovation. The RSTT is a reusable in-line winch and connection system designed to enable mid-line…
https://www.marinelink.com/news/acteons-rocksteady-tension-tool-selected-526996
https://www.marinelink.com/news/acteons-rocksteady-tension-tool-selected-526996The EU Commission has put forward a proposal to gradually stop the import of Russian gas and oil into the EU by the end of 2027. This will help the EU become more energy independent, improve the security of the energy supply and boost the Union's…
https://www.marinelink.com/news/eu-plans-phase-russian-oil-gas-imports-526997
https://www.marinelink.com/news/eu-plans-phase-russian-oil-gas-imports-526997The Canadian Hydrographic Service (CHS), under Fisheries and Oceans Canada, is taking a leading role in validating new digital hydrographic standards, with the Minister of Fisheries, Joanne Thompson, launching S-100 sea trials on the St. Lawrence…
https://www.marinelink.com/news/canada-trials-s-st-lawrence-river-526998
https://www.marinelink.com/news/canada-trials-s-st-lawrence-river-526998Marine fuel sales at the United Arab Emirates' Fujairah port hit a three-month low in May, data showed, while market sources said they are monitoring the situation in June as conflict flares between Israel and Iran, heightening regional tensions.
https://www.marinelink.com/news/marine-fuel-sales-fujairah-port-hit-526962
https://www.marinelink.com/news/marine-fuel-sales-fujairah-port-hit-526962Stricter environmental regulations and slower global economic growth will soften marine fuel demand in the coming years, the International Energy Agency said in its annual report on Tuesday.Marine fuel sales jumped last year due to Red Sea disruptions…
https://www.marinelink.com/news/tighter-emissions-regulations-slower-526963
https://www.marinelink.com/news/tighter-emissions-regulations-slower-526963Danske Commodities CEO Helle Ostergaard Kristiansen will step down to become head of the gas and power unit of parent group Equinor, the trading house said on Tuesday.Danske Commodities' Chief Financial Officer Jakob Sorensen, who joined the company 20 years ago as a power trader, will take over as
https://www.marinelink.com/news/equinor-announces-shifts-leadership-526965
https://www.marinelink.com/news/equinor-announces-shifts-leadership-526965Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a long-term time charter contract with Mercuria Energy Trading S.A.
https://www.marinelink.com/news/performance-shipping-contracts-mercuria-526969
https://www.marinelink.com/news/performance-shipping-contracts-mercuria-526969Japan's second-largest shipping company, Mitsui O.S.K. Lines (MOL), is operating as usual in the Gulf while closely monitoring the situation in the region, CEO Takeshi Hashimoto said on Tuesday."We are operating so many containers, car carriers and chemical tankers so that it is very…
https://www.marinelink.com/news/mitsui-osk-shipping-gulf-continues-526970
https://www.marinelink.com/news/mitsui-osk-shipping-gulf-continues-526970