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Singapore has more than one maritime week. There’s the official one in April, plus this week’s mix of events – including our own Maritime CEO Forum – that culminate with Friday’s massive Singapore Shipping Association dinner. Splash launches its latest Singapore annual today, assessing how the city-state aims to remain the world’s most relevant maritime …
https://splash247.com/singapore-shows-others-how-to-future-proof-maritime/
https://splash247.com/singapore-shows-others-how-to-future-proof-maritime/Israeli maritime analytics firm Windward is reporting that the government of Comoros has begun a clean-out of its international registry, a flag which has been central to sanctions-circumventing dark fleet tankers shipping Russian, Iranian and Venezuelan oil. There are now 62 tankers, three liquefied petroleum gas carriers and one tug declared as falsely flying the …
https://splash247.com/comoros-takes-action-on-dark-fleet/
https://splash247.com/comoros-takes-action-on-dark-fleet/Surging VLCC rates have seen the cross-sector ClarkSea Index, a weighted average of tanker, bulk carrier, containership, and gas carrier earnings managed by Clarksons Research, reach a two-year high of $29,888 per day as of last Friday, 50% above the 10-year trend. VLCC rates leapt last week, with some fixtures breaking through the $100,000 a …
https://splash247.com/surging-vlcc-rates-propel-clarksea-index-to-two-year-high/
https://splash247.com/surging-vlcc-rates-propel-clarksea-index-to-two-year-high/China Merchants Energy Shipping (CMES) has officially taken delivery of the world's first 9,300-car capacity methanol dual-fuel powered pure car and truck carrier (PCTC), CM Hong Kong.The 220-meter vessel was built by China Merchants Industry and will sail under the flag of Hong Kong.
https://www.marinelink.com/news/cmes-takes-delivery-car-methanol-dualfuel-530251
https://www.marinelink.com/news/cmes-takes-delivery-car-methanol-dualfuel-530251Sean Fraser, Canada’s Minister responsible for the Atlantic Canada Opportunities Agency, has announced that strategic direction has been given to the Canada–Nova Scotia Offshore Energy Regulator as a next step toward realizing Canada’s first…
https://www.marinelink.com/news/canada-readies-offshore-wind-530252
https://www.marinelink.com/news/canada-readies-offshore-wind-530252Venezuelan President Nicolas Maduro offered to engage in direct talks with the administration of U.S. President Donald Trump days after the first U.S. strike on a boat from the South American country that Trump says was carrying drug traffickers.In…
https://www.marinelink.com/news/video-third-boat-strike-released-maduros-530253
https://www.marinelink.com/news/video-third-boat-strike-released-maduros-530253The High Seas Treaty has reached the milestone of 60 state ratifications needed to trigger its entry into force.Sri Lanka, St. Vincent and the Grenadines, Sierra Leone and Morocco deposited ratification instruments at the United Nations General…
https://www.marinelink.com/news/high-seas-treaty-enter-force-530254
https://www.marinelink.com/news/high-seas-treaty-enter-force-530254NYK, MTI, and Grid Co. have jointly developed an AI-based system that automates and optimizes the allocation plan of car carriers.Full-scale operations of the system were launched at NYK in July.NYK operates more than 100 car carriers, the largest fleet in the world.
https://www.marinelink.com/news/aibased-car-carrier-allocation-system-530255
https://www.marinelink.com/news/aibased-car-carrier-allocation-system-530255After what seemed like months of unstoppable volatility, a modicum of stability seemed to enter the global trading markets this week as oil climbed marginally (0.17%) before the week ended, yet this remains a near 1.4% drop just this month and a 10.8% overall decline from the same time last year…
https://www.marinelink.com/news/ship-recycling-market-stabilizes-530258
https://www.marinelink.com/news/ship-recycling-market-stabilizes-530258U.S. oil major Chevron is in early-stage talks to explore opportunities in European regasification terminals, as part of its strategy to expand its global presence in the liquefied natural gas market, a senior executive told Reuters.The U.S.
https://www.marinelink.com/news/chevron-eyes-lng-growth-europe-530263
https://www.marinelink.com/news/chevron-eyes-lng-growth-europe-530263