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Ukraine has agreed to stop attacking non-Russian tankers and infrastructure associated with Kazakhstan’s Black Sea oil exports following US intervention, potentially easing one of the biggest new war risks facing the tanker market. The agreement covers vessels calling at the Caspian Pipeline Consortium terminal near Novorossiysk provided they are not sanctioned by Ukraine, do not …
https://splash247.com/ukraine-agrees-safe-passage-for-kazakh-crude-tankers/
https://splash247.com/ukraine-agrees-safe-passage-for-kazakh-crude-tankers/HD Hyundai Heavy Industries has landed its largest-ever power-generation engine contract, underlining how the artificial intelligence boom is opening a huge new market for marine equipment manufacturers — and potentially creating another supply headache for shipowners. The Korean shipbuilding giant has just signed a KRW956bn ($676m) agreement with US energy infrastructure developer Corban Energy Group …
https://splash247.com/ai-boom-puts-shipowners-in-race-with-tech-giants-for-engines/
https://splash247.com/ai-boom-puts-shipowners-in-race-with-tech-giants-for-engines/Iran attacked another ADNOC vessel in the Strait of Hormuz over the weekend, with the Houthis simultaneously striking Saudi Arabia’s energy infrastructure. The UAE said an ADNOC-owned vessel was hit by an Iranian missile early on Saturday while transiting Hormuz. No casualties were reported and ADNOC said the situation was brought under control. The UAE …
https://splash247.com/adnoc-suffers-sixteenth-hit-as-houthis-strike-saudi-refinery/
https://splash247.com/adnoc-suffers-sixteenth-hit-as-houthis-strike-saudi-refinery/Coal has emerged as one of China’s most important energy buffers in the wake of the US-Iran war, reinforcing a power-generation strategy that continues to look remarkably supportive for dry bulk shipping despite Beijing’s vast investments in renewables. When disruption around the Strait of Hormuz squeezed oil availability, China was able to lean harder on …
https://splash247.com/chinas-coal-buildout-offers-fresh-ballast-for-dry-bulk/
https://splash247.com/chinas-coal-buildout-offers-fresh-ballast-for-dry-bulk/Saronic has expanded its operations to Gulfport, Mississippi, establishing an initial site for on-water testing of the company’s medium unmanned surface vessel (MUSV), Marauder, at the Port of Gulfport.As production of Saronic’s Marauder platform continues to scale…
https://www.marinelink.com/news/saronic-selects-port-gulfport-marauder-541914
https://www.marinelink.com/news/saronic-selects-port-gulfport-marauder-541914Iran said it was nearing a final pact with Oman defining new shipping lanes between them through the Strait of Hormuz but repeated that the U.S. must meet other conditions, including compensation and an end to sanctions and military threats, before the strategic waterway is reopened.A U.S.
https://www.marinelink.com/news/iran-ties-hormuz-reopening-us-concessions-541915
https://www.marinelink.com/news/iran-ties-hormuz-reopening-us-concessions-541915Low water levels risk halting cargo traffic on a key stretch of the Rhine this week, effectively splitting the critical waterway into two separate zones, the federal association of German inland shipping (BDB) said on Monday.BDB managing director…
https://www.marinelink.com/news/rhine-split-two-low-water-541916
https://www.marinelink.com/news/rhine-split-two-low-water-541916Ships are passing smoothly through the Turkish straits to the Black Sea despite heightened concerns about safety, two Turkish government officials told Reuters on Sunday.On Saturday, Bloomberg News reported that Ankara had restricted commercial…
https://www.marinelink.com/news/black-sea-shipping-flows-despite-security-541917
https://www.marinelink.com/news/black-sea-shipping-flows-despite-security-541917More workers joined a strike at BHP's Port Hedland operations in Western Australia on Sunday, a union spokesperson said, in the first major industrial action at the iron-ore export hub in a quarter-century.On the second of the planned two days of stoppage…
https://www.marinelink.com/news/bhp-port-unions-strike-port-hedland-541918
https://www.marinelink.com/news/bhp-port-unions-strike-port-hedland-541918Ukraine and Russia accused each other of lethal attacks on Sunday, as President Volodymyr Zelenskiy said Moscow was targeting global food security by striking Odesa's seaport.Three people were killed and 37 wounded in the eastern Ukrainian city of Kharkiv…
https://www.marinelink.com/news/odesa-port-damaged-lethal-attacks-541919
https://www.marinelink.com/news/odesa-port-damaged-lethal-attacks-541919