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Australia will not commit troops in advance to any conflict, Defence Industry Minister Pat Conroy said on Sunday, responding to a report that the Pentagon has pressed its ally to clarify what role it would play if the U.S. and China went to…
https://www.marinelink.com/news/australia-wont-commit-troops-advance-527893
https://www.marinelink.com/news/australia-wont-commit-troops-advance-527893Syria's General Authority for Land and Sea Ports on Sunday signed a $800 million agreement with UAE's DP World to bolster Syrian ports infrastructure and logistical services, Syrian state news agency SANA reported.The agreement follows on from…
https://www.marinelink.com/news/syria-signs-million-agreement-dp-world-527894
https://www.marinelink.com/news/syria-signs-million-agreement-dp-world-527894Hadag, the operator of Hamburg’s ferry services, is adopting an AI-powered platform to optimize the scheduling and operation of its electric ferry fleet.The AI system will support daily operations by tailoring charging strategies, managing energy demand…
https://www.marinelink.com/news/hamburg-deploys-ai-boost-efficiency-527897
https://www.marinelink.com/news/hamburg-deploys-ai-boost-efficiency-527897The United States Department of Homeland Security has announced the partial termination of a shipbuilding contract with Eastern Shipbuilding Group (ESG), saying it was wasteful of taxpayer’s money.The Coast Guard is reviewing contracts which are failing to meet delivery agreements.
https://www.marinelink.com/news/us-partially-terminates-contract-eastern-527900
https://www.marinelink.com/news/us-partially-terminates-contract-eastern-527900Product tanker giant Hafnia has secured a $715m revolving credit line, secured by a fleet of 32 modern vessels and supported by a diverse syndicate of 11 leading international banks. The seven-year facility, which features a highly competitive margin and a 20-year age-adjusted amortisation structure, provides Hafnia with significant liquidity flexibility while simultaneously lowering its …
https://splash247.com/hafnia-seals-715m-credit-line-backed-by-32-ships/
https://splash247.com/hafnia-seals-715m-credit-line-backed-by-32-ships/Icelandic carrier Eimskip has divested one of its cornerstone feeder vessels, Lagarfoss, to Portuguese logistics and maritime group Grupo Sousa. The 875 teu vessel, built in 2014 by Rongcheng Shenfei Shipbuilding, is set to change ownership by September. While financial details of the sale remain confidential, Eimskip confirmed it would recognise a loss of about …
https://splash247.com/eimskip-sells-feeder-vessel-to-portugals-grupo-sousa/
https://splash247.com/eimskip-sells-feeder-vessel-to-portugals-grupo-sousa/Geneva-based Advantage Tankers has returned to South Korea’s Hanwha Ocean with a fresh order for another VLCC newbuilding as part of a growing strategic push into the larger tanker segment. Industry sources report that the Tugrul Tokgoz-led company has declared an option for a third 320,000 dwt unit at the Okpo-based shipyard, bringing its overall …
https://splash247.com/advantage-tankers-bolsters-vlcc-orderbook/
https://splash247.com/advantage-tankers-bolsters-vlcc-orderbook/Greece’s Chartworld Shipping is returning to the newbuilding arena with plans to bolster its container fleet, reportedly lining up a deal for a quartet of 3,100 teu vessels at Chinese builder New Dayang. Athens-based shipbroking sources report that the Kollakis brothers-led diversified owner has signed a letter of intent covering two firm and two optional …
https://splash247.com/chartworld-eyes-new-dayang-boxships/
https://splash247.com/chartworld-eyes-new-dayang-boxships/Maritime agencies Diaplous and Ambrey said on Sunday they had ended their search for the remaining crew of the Eternity C cargo ship that was attacked by Yemen's Houthi militants last week.The decision was made at the request of the vessel's owner…
https://www.marinelink.com/news/search-called-off-crew-missing-eternity-c-527892
https://www.marinelink.com/news/search-called-off-crew-missing-eternity-c-527892US-China trade tensions could impact agricultural trade between the two countries, particularly soybeans, and this growing dispute could strengthen trade ties between Russia and China, according to Edwini Kessie, director of the Agriculture and Commodities division at the World Trade Organization. China is one of the world’s largest feed importers, mainly buying from the US ...
https://www.hellenicshippingnews.com/us-soybean-exports-to-china-at-risk-amid-lingering-trade-tensions-wto-official/