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Chris-Marine announced the launch of the PSL Portable Surface Lathe, a high-precision solution designed for sealing surface machining both in-situ and in workshops ashore.Developed for small and medium bore diesel and gas engines, the PSL offers fast set-up…
https://www.marinelink.com/news/chrismarine-launches-psl-portable-surface-533793
https://www.marinelink.com/news/chrismarine-launches-psl-portable-surface-533793Fincantieri delivered the PPA (Multipurpose Combat Ship) KRI Prabu Siliwangi-321 to the Indonesian Navy, marking the completion of a two-ship program that significantly upgrades Indonesia’s surface combatant fleet.The delivery ceremony took…
https://www.marinelink.com/news/fincantieri-delivers-indonesian-navy-533796
https://www.marinelink.com/news/fincantieri-delivers-indonesian-navy-533796Seventeen students from seven U.S. and El Salvador maritime academies and universities have been selected as the 2025 recipients of the Thomas B. Crowley Sr. Memorial Scholarship. The scholarship recognizes students who demonstrate exceptional…
https://www.marinelink.com/news/crowley-awards-scholarships-maritime-533797
https://www.marinelink.com/news/crowley-awards-scholarships-maritime-533797Tanker loading in Venezuela dwindled on Monday, with most ships moving oil cargoes only between domestic ports following U.S. action against two more ships and as state-run energy company PDVSA struggles to recover from a cyberattack, according to tracking data and sources.The U.S.
https://www.marinelink.com/news/oil-loading-venezuela-crawls-new-us-533798
https://www.marinelink.com/news/oil-loading-venezuela-crawls-new-us-533798Most stock markets in the Gulf ended higher on Monday, helped by rising oil prices and positive market sentiment amid growing expectations of additional Federal Reserve rate cuts.Oil prices - a catalyst for the Gulf's financial markets - rose after the U.S.
https://www.marinelink.com/news/gulf-stock-markets-rise-increasing-oil-533799
https://www.marinelink.com/news/gulf-stock-markets-rise-increasing-oil-533799Dominion Energy released the following statement in response to the U.S. Department of Interior’s Director’s Order for a 90-day suspension of work issued earlier today for the Coastal Virginia Offshore Wind project:"The Coastal Virginia Offshore…
https://www.marinelink.com/news/dominion-energy-releases-responds-533800
https://www.marinelink.com/news/dominion-energy-releases-responds-533800Oil prices settled higher on Monday after the U.S. Coast Guard tried to intercept an oil tanker in international waters near Venezuela a day earlier, and Ukraine damaged two vessels and piers in Russia, raising the risk of oil supply disruptions.Brent crude futures gained $1.60…
https://www.marinelink.com/news/oil-prices-rise-us-continues-tanker-533803
https://www.marinelink.com/news/oil-prices-rise-us-continues-tanker-533803Dalian iron ore futures extended gains to a fifth session on Monday on tight supply of BHP’s Jimblebar and Jingbao fines, while firmer blast furnace hot metal production in China also lent support. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) gained 0.58% to 781.5 yuan ($111.01) a metric ton. The ...
https://www.hellenicshippingnews.com/dalian-iron-ore-extends-gains-on-tight-bhp-supply-firmer-hot-metal-production/Drewry expects the dry bulk market to improve in 2026 after a year of geopolitical disruptions and trade uncertainty shaped the market sentiment more than underlying demand–supply fundamentals. The second half of 2025 has already shown an apparent stabilisation, and the recent easing of the USTR policy, along with the US–China tariff truce announced in ...
https://www.hellenicshippingnews.com/smoother-sailing-for-dry-bulk-market-in-2026-but-some-swells-remain/The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, extended losses on Monday, as rates across all vessel segments declined. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 44 points, or 2.2%, to 1,979 points, its lowest since November 4. ...
https://www.hellenicshippingnews.com/baltic-index-falls-as-vessel-rates-slide-across-all-segments/
https://www.hellenicshippingnews.com/baltic-index-falls-as-vessel-rates-slide-across-all-segments/