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Malaysian fabricator OceanMight has secured an engineering, procurement, and construction contract from Shell for fixed offshore structures linked to several field developments off Malaysia. Parent company KKB Engineering said OceanMight received a letter of award covering the SK408 Teja and Pepulut developments as well as the Temu and Inai fields. The contract work will run …
https://splash247.com/kkb-unit-bags-shell-deal-for-malaysian-offshore-developments/
https://splash247.com/kkb-unit-bags-shell-deal-for-malaysian-offshore-developments/Geneva Dry, the world’s premier annual dry bulk shipping conference, has launched marketing for its 2027 edition with an expanded agenda featuring new sessions on bauxite, investment and crewing, alongside a significantly revamped workshop programme. The fourth edition of Geneva Dry will return to the Hotel President Wilson on the shores of Lake Geneva on …
https://splash247.com/geneva-dry-unveils-expanded-agenda-for-2027-edition/
https://splash247.com/geneva-dry-unveils-expanded-agenda-for-2027-edition/Shipping’s AI debate is moving rapidly beyond technology towards the far more difficult question of what happens to the people expected to work alongside it. That was the central theme running through the AI, Digitalisation and the Maritime Workforce panel at last week’s Splash Singapore, where executives from shipping, technology, classification and mining wrestled with …
https://splash247.com/ai-risks-hollowing-out-shippings-next-generation-of-expertise/
https://splash247.com/ai-risks-hollowing-out-shippings-next-generation-of-expertise/Security forces from Somalia's semi-autonomous Puntland state have rescued the MT Honour 25, a Palau-flagged petroleum products tanker seized by pirates in April, Puntland's state television channel reported on Tuesday.The broadcaster said pirates who had been holding the vessel had been detained an
https://www.marinelink.com/news/puntland-forces-rescue-vessel-hijacked-543339
https://www.marinelink.com/news/puntland-forces-rescue-vessel-hijacked-543339The Metals Company said on Tuesday it has appointed former ExxonMobil upstream chief Liam Mallon to its board as the company advances plans to begin commercial recovery of polymetallic nodules in international waters under a U.S. seabed mining…
https://www.marinelink.com/news/tmc-appoints-exxon-veteran-liam-mallon-543341
https://www.marinelink.com/news/tmc-appoints-exxon-veteran-liam-mallon-543341Saudi Arabia has resumed oil tanker loadings from its Red Sea port of Yanbu after restarting operations on the East-West Pipeline, according to trade sources and shipping data, improving the outlook for oil exports from the Middle East.The resumption of Yanbu loadings…
https://www.marinelink.com/news/yanbu-oil-loadings-resume-pipeline-543342
https://www.marinelink.com/news/yanbu-oil-loadings-resume-pipeline-543342German charity group Sea-Watch said on Tuesday it had rescued 28 migrants and recovered two bodies, including that of a child, following a shipwreck off the coast of Tunisia.The group's ship Aurora found five survivors and the dead bodies in a deflated rubber dinghy in the early hours of Tuesday…
https://www.marinelink.com/news/two-dead-six-missing-migrant-shipwreck-543343
https://www.marinelink.com/news/two-dead-six-missing-migrant-shipwreck-543343Oil prices declined on Tuesday as investors focused on signs of recovering crude exports from the Middle East and lingering concerns over potential supply disruptions in the region stemming from the US-Israeli war on Iran.Brent crude futures were down $1.96…
https://www.marinelink.com/news/oil-prices-lower-focus-shifts-middle-east-543344
https://www.marinelink.com/news/oil-prices-lower-focus-shifts-middle-east-543344SAAM Towage christened SAAM Petrel in Arica, the first tugboat in SAAM Towage’s Chilean fleet to achieve IMO Tier III certification.The tug is named after the petrel, a seabird native to the local coastline. Designed by Robert Allan and built by the Sanmar Shipyards in Turkey…
https://www.marinelink.com/news/chiles-first-imo-tier-iii-tugboat-543345
https://www.marinelink.com/news/chiles-first-imo-tier-iii-tugboat-543345Iron ore market fundamentals continued to soften as subdued Chinese steel demand kept pressure on inventories and reduced the need for additional seaborne supply. While Simandou is emerging as an increasingly important source of high-grade iron ore, stronger Guinea exports are unlikely to fully offset weaker Brazilian flows. At the same time, the EU’s new ...
https://www.hellenicshippingnews.com/steel-demand-softens-as-iron-ore-flows-face-growing-headwinds/
https://www.hellenicshippingnews.com/steel-demand-softens-as-iron-ore-flows-face-growing-headwinds/