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Star Bulk Carriers has pulled out of a $470.5m agreement to acquire 16 Genco Shipping & Trading bulkers from Diana Shipping, removing a key fleet component from Diana’s long-running takeover attempt. The two Greek owners mutually terminated the sale and purchase agreement at Star Bulk’s request. The deal, signed in March, was conditional on Diana …
https://splash247.com/star-bulk-walks-away-from-genco-fleet-deal/
https://splash247.com/star-bulk-walks-away-from-genco-fleet-deal/The Rhine is on the verge of being effectively cut in two while record low water on the Danube and restrictions on Dutch canals underline the growing threat drought poses to Europe’s inland freight network. Europe’s inland shipping system is being pushed towards breaking point as one of the continent’s most severe droughts in decades …
https://splash247.com/rhine-cut-in-two-as-european-drought-cripples-inland-shipping/
https://splash247.com/rhine-cut-in-two-as-european-drought-cripples-inland-shipping/The Royal Australian Navy is reaffirming its commitment to reconciliation and strengthening partnerships with Aboriginal and Torres Strait Islander peoples with the launch of a new five-year plan.Launched on the International Day of the World's Indigenous Peoples…
https://www.marinelink.com/news/australian-navy-launches-indigenous-541955
https://www.marinelink.com/news/australian-navy-launches-indigenous-541955Descartes Systems Group has released its August Global Shipping with figures indicting that July 2026 U.S. container import volumes increased 4.5% over June to 2,508,310 TEUs, reflecting typical month-over-month seasonal growth.July U.S. containerized…
https://www.marinelink.com/news/us-containerized-imports-china-rose-july-541959
https://www.marinelink.com/news/us-containerized-imports-china-rose-july-541959Wirana Shipping has identified improving steel demand in India as an encouraging sign for the country’s ship recycling market, while slower demand and financing pressures continue to weigh on Bangladesh.The latest Market Outlook reports a second consecutive week of improving steel demand in India.
https://www.marinelink.com/news/indias-recycling-market-gains-momentum-541960
https://www.marinelink.com/news/indias-recycling-market-gains-momentum-541960WireCo® has appointed Luis Padilla as Chief Operating Officer, North America, reporting to Chief Executive Officer Keith White.Padilla will lead WireCo’s North American business, with responsibility for advancing operational performance, manufacturing excellence and execution across the region.
https://www.marinelink.com/news/wireco-appoints-luis-padilla-chief-541963
https://www.marinelink.com/news/wireco-appoints-luis-padilla-chief-541963The Australian Submarine Agency (ASA) has awarded Lockheed Martin a two‑year AUD$26.5 million ($18.7 million) contract to create a sovereign Combat Systems Integration (CSI) capability for Australia’s future Virginia‑class submarines under the…
https://www.marinelink.com/news/lockheed-martin-awarded-combat-systems-541966
https://www.marinelink.com/news/lockheed-martin-awarded-combat-systems-541966U.S. officials on Monday said they are working closely with foreign investors to identify gaps in the U.S. manufacturing supply chain and to help small- and medium-sized businesses scale up to meet rising demand as foreign investments surge.Assistant…
https://www.marinelink.com/news/us-officials-work-close-supply-chain-gaps-541964
https://www.marinelink.com/news/us-officials-work-close-supply-chain-gaps-541964The U.S. government has sold for scrap two sanctioned oil tankers that were seized in the days after Washington's raid on Venezuela, Lloyd's List reported on Monday.Dubai-headquartered vessel recycling firm Global Marketing Systems purchased the tankers last month for an undisclosed sum…
https://www.marinelink.com/news/us-sells-seized-tankers-scrap-541965
https://www.marinelink.com/news/us-sells-seized-tankers-scrap-541965Training Ship State of Maine, the third of five National Security Multi-Mission Vessels built for the U.S. state maritime academies, seen at Maine Maritime Academy in Castine, Maine.
https://www.marinelink.com/news/ship-spotter-training-ship-state-maine-541968
https://www.marinelink.com/news/ship-spotter-training-ship-state-maine-541968