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The 2025 season for the voluntary NOAA and Protecting Blue Whales and Blue Skies (BWBS) programs will begin on May 1 and conclude on December 31. BWBS and NOAA strongly recommend that all vessels 300 gross tons or larger reduce speeds to 10 knots or less in the VSR zones…
https://www.marinelink.com/news/voluntary-vessel-speed-reduction-season-525116
https://www.marinelink.com/news/voluntary-vessel-speed-reduction-season-525116The U.S. imposed sanctions on Monday on three vessels and their owners for delivering oil and gas products to Yemen's Houthis, as Washington piled pressure on the Iran-backed rebels over their attacks on Red Sea shipping.The sanctions targeted…
https://www.marinelink.com/news/us-vessel-sanctions-target-deliveries-oil-525118
https://www.marinelink.com/news/us-vessel-sanctions-target-deliveries-oil-525118U.S. liquefied natural gas supplies to Europe will continue to rise, U.S. Energy Secretary Chris Wright told Reuters on Monday during a visit to the Polish capital Warsaw.The United States is the world's largest exporter of LNG and has played…
https://www.marinelink.com/news/us-energy-secretary-us-lng-supplies-525119
https://www.marinelink.com/news/us-energy-secretary-us-lng-supplies-525119Tunisia's coast guard on Monday recovered the bodies of eight African migrants after their boat sank off the country's coast as it sailed towards Europe, a security official told Reuters, adding that 29 other people were rescued.The boat sank in waters off the city of Abwabed near Sfax, a departure
https://www.marinelink.com/news/least-eight-dead-migrant-boat-sinks-off-525120
https://www.marinelink.com/news/least-eight-dead-migrant-boat-sinks-off-525120Iron ore futures prices fell on Monday, weighed down by the likelihood of China cutting crude steel output, although losses were capped by a continued rise in demand for the steelmaking ingredient. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 0.49% lower at 710.5 yuan ($97.32) a metric ...
https://www.hellenicshippingnews.com/dalian-iron-ore-edges-lower-amid-possibility-of-chinese-steel-output-cuts/Through our dry bulk flow tool, we have identified changing trends in the trade of bulk raw materials from the West Coast of Africa to China. In particular, bauxite flows have surged, driven by China’s growing aluminium production, leading to a greater need for capesize vessels. As raw material sourcing fluctuates, this tool enables valuable ...
https://www.hellenicshippingnews.com/west-africa-to-china-capesizes-most-significant-opportunity/
https://www.hellenicshippingnews.com/west-africa-to-china-capesizes-most-significant-opportunity/Recent discussions on tariffs have largely overlooked the potential implementation of the Office of the United States Trade Representative (USTR)’s port fees on Chinese-built vessels. The current US administration is considering an additional port fee for Chinese-built vessels entering US ports to curb China’s dominance in shipbuilding. This fee, which could reach up to $3.5 ...
https://www.hellenicshippingnews.com/potential-us-port-fees-may-disrupt-dry-bulk-trade-and-vessel-availability/The Baltic Exchange’s dry bulk sea freight index rose to scale an over-three-week high on Monday due to an increase in larger vessel rates. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, added 30 points, to 1,403 points. The capesize index rose 91 points, or 4.8%, to 1,980, its highest ...
https://www.hellenicshippingnews.com/baltic-index-rises-to-three-week-high-as-larger-vessel-rates-firm/Global seaborne steel exports posted a strong rise during 2024, with China having the “lion’s share” of this trade, with over 30% of the overall market. In its latest weekly report, shipbroker Banchero Costa said that “steel products are one of the most important dry bulk commodities, accounting for almost 4 percent of all seaborne ...
https://www.hellenicshippingnews.com/dry-bulk-shipping-steel-exports-on-the-rise/
https://www.hellenicshippingnews.com/dry-bulk-shipping-steel-exports-on-the-rise/Norwegian seismic service provider Electromagnetic Geoservices (EMGS) has been hired by India’s Cairn Oil & Gas to conduct a 3D controlled source electromagnetic survey for its exploration campaign in the deepwater Krishna-Godavari block on India’s east coast. Cairn will be one of the first companies in India to utilise 3D CSEM survey technology, which is …
https://splash247.com/cairn-hires-emgs-for-3d-survey-off-india/
https://splash247.com/cairn-hires-emgs-for-3d-survey-off-india/