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Many of shipping’s go-to bodies for trade forecasts are now slashing economic predictions for the year ahead in the wake of Donald Trump’s tariff war. Creating significant alarm, the World Trade Organization has warned global merchandise trade for 2025 could drop by as much as -1.5%, potentially becoming only the sixth time in the past …
https://splash247.com/trumps-tariffs-crash-world-trade-forecasts/
https://splash247.com/trumps-tariffs-crash-world-trade-forecasts/The latest American sanctions aimed at Iran’s oil industry make specific warnings to shipping about the use of substandard shipping. The Department of the Treasury’s Office of Foreign Assets Control (OFAC) yesterday designated a China-based independent teapot refinery Shandong Shengxing Chemical for its role in purchasing more than a billion dollars’ worth of Iranian crude …
Antonis Malaxianakis, founder and CEO of HarborLab, a port cost management platform, is willing to do what few others in maritime tech dare – going public on return on investment (ROI) numbers, something he’ll also happily share with delegates attending Geneva Dry, due to open on April 28. HarborLab is an AI-powered port cost management …
https://splash247.com/geneva-dry-dialogues-harborlab/
https://splash247.com/geneva-dry-dialogues-harborlab/The scourge of crew abandonment is proving very hard for global administrators to rein in. A total of 54 ships and their crews have been abandoned so far this year, according to data carried by the International Labour Organization (ILO), putting 2025 potentially on track to be the second-highest toll for ships being ditched by …
https://splash247.com/54-ships-abandoned-so-far-this-year/
https://splash247.com/54-ships-abandoned-so-far-this-year/U.S. Interior Secretary Doug Burgum ordered a halt to construction on Equinor's Empire Wind project off the coast of New York, saying information suggested the Biden administration approved it without enough environmental analysis.In a post on X on Wednesday…
https://www.marinelink.com/news/us-halts-empire-wind-project-524773
https://www.marinelink.com/news/us-halts-empire-wind-project-524773Carboline has announced that Dr. Ali Shah has joined the company as Vice President of Global Research, Development, and Innovation.Shah brings over 22 years of product innovation experience, having held leadership positions with renowned global chemical companies…
https://www.marinelink.com/news/carboline-appoints-new-vice-president-524774
https://www.marinelink.com/news/carboline-appoints-new-vice-president-524774The Titanic sunk 113 years ago on April 14-15 after hitting an iceberg, with human error likely causing the ship to stray into dangerous waters. Today, autonomous systems built on artificial intelligence (AI) could help ships avoid such accidents…
https://www.marinelink.com/news/explainable-ai-autonomous-ship-navigation-524775
https://www.marinelink.com/news/explainable-ai-autonomous-ship-navigation-524775HD Hyundai Mipo has launched a 22,000cbm liquefied CO2 (LCO2) carrier under construction for Capital Clean Energy Carriers.The 160-meter vessel is currently the world’s largest LCO2 carrier. The vessels bi-lobe storage tanks maintain the CO2…
https://www.marinelink.com/news/worlds-largest-lco-carrier-launched-524776
https://www.marinelink.com/news/worlds-largest-lco-carrier-launched-524776The US Coast Guard decommissioned Coast Guard Cutter Mustang (WPB 1310) after nearly 40 years of service.Commissioned on August 29, 1986, Mustang was the 10th Island-Class cutter to join the fleet.Mustang has been stationed in Seward since it was commissioned…
https://www.marinelink.com/news/coast-guard-cutter-mustang-decommissioned-524777
https://www.marinelink.com/news/coast-guard-cutter-mustang-decommissioned-524777The US Coast Guard has retired Homeport as of April 12, 2025. Moving forward, there will be approaches for tasks typically performed through the Homeport platform.The Homeport system is facing increasing costs and system obsolescence. As a result…
https://www.marinelink.com/news/us-coast-guard-retires-homeport-system-524778
https://www.marinelink.com/news/us-coast-guard-retires-homeport-system-524778