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HII announced long-term performance-based production agreements with High-Yield Production Robotics (HYPR) team members GrayMatter Robotics and Path Robotics. The signed agreements are designed to accelerate the development and deployment of advanced physical AI automation across U.S.
https://www.marinelink.com/news/path-robotics-graymatter-robotics-sign-541876
https://www.marinelink.com/news/path-robotics-graymatter-robotics-sign-541876The American Pilots' Association (APA) issued the following statement regarding the National Transportation Safety Board's (NTSB) final report on the July 19, 2024, collision of the YANGZE 7 and the towboat MISS PEGGY in the Houston Ship Channel…
https://www.marinelink.com/news/apa-releases-statement-regarding-yangze-541877
https://www.marinelink.com/news/apa-releases-statement-regarding-yangze-541877On 13 July 2026, US Central Command announced a renewed naval blockade of Iranian ports (effective 14 July), ending a 60-day ceasefire following Iran’s 7 July attacks on commercial vessels in the strait. Average daily dry-bulk transits through the Strait of Hormuz fell by roughly half in the 24 days after the announcement. Capesize meanwhile ...
https://www.hellenicshippingnews.com/strait-of-hormuz-a-renewed-blockade-impairs-dry-bulk-crossings/
https://www.hellenicshippingnews.com/strait-of-hormuz-a-renewed-blockade-impairs-dry-bulk-crossings/The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, snapped a five-day winning streak on Thursday, falling about 0.2% to 3,057 points. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, also halted its five-day advance, decreasing by 0.8% to 5,052 points; and the ...
https://www.hellenicshippingnews.com/baltic-dry-index-breaks-5-day-advance/
https://www.hellenicshippingnews.com/baltic-dry-index-breaks-5-day-advance/Sweden’s Supreme Court has cleared the way for the cargo vessel Caffa to be transferred to Ukraine, establishing a potentially significant precedent for ships accused of trading stolen commodities from Russian-occupied territory. The court refused the owner permission to appeal, leaving earlier decisions by the Ystad District Court and the Court of Appeal in force. …
https://splash247.com/sweden-clears-caffa-transfer-to-ukraine-in-landmark-ruling/
https://splash247.com/sweden-clears-caffa-transfer-to-ukraine-in-landmark-ruling/Norwegian shortsea operator Hagland Shipping has taken a battery-hybrid mini-bulker on a multiyear charter from Germany’s Reederei Gerdes and commercial platform over-C. The 2026-built Forty-Two G is a 3,800 dwt Damen Combi Freighter 3850 constructed at Ba Son Shipyard in Vietnam. Financial terms and the precise charter period were not disclosed. The vessel combines battery-hybrid …
https://splash247.com/hagland-brings-in-gerdes-newbuild-on-charter/
https://splash247.com/hagland-brings-in-gerdes-newbuild-on-charter/Tor Olav Trøim-backed Bruton has fixed its second VLCC newbuilding at a net rate of $105,700 per day. The Oslo-listed tanker owner has placed the 300,000 dwt Mount Horizon on a fixed-rate charter lasting between 12 and 15 months with an unnamed counterparty. The ship is scheduled to deliver from China’s New Times Shipbuilding in …
https://splash247.com/bruton-lands-six-figure-rate-for-second-new-vlcc/
https://splash247.com/bruton-lands-six-figure-rate-for-second-new-vlcc/Supermajor Shell, through its Malaysian subsidiary, Sabah Shell Petroleum Company, has taken a final investment decision on the third phase of the Malikai deepwater development. The project involves drilling four oil-producing wells to enhance Malikai’s expected recoverable oil volumes, with the aim of sustaining material liquids production of around 1.4m barrels per day towards 2030 …
https://splash247.com/shell-greenlights-next-phase-of-malaysian-deepwater-field/
https://splash247.com/shell-greenlights-next-phase-of-malaysian-deepwater-field/UK-headquartered oilfield services specialist EnerMech has secured a multi-year contract to deliver topside process and shutdown services across an offshore asset portfolio of an undisclosed North Sea operator. The award is the second major contract secured by EnerMech in recent months for comparable topside process services in the North Sea. The previous deal was awarded …
https://splash247.com/enermech-bags-maintenance-deal-in-the-north-sea/
https://splash247.com/enermech-bags-maintenance-deal-in-the-north-sea/Oslo-listed Stainless Tankers has laid out plans to sell its remaining six chemical tankers within the next 18 months, moving the Tufton-backed vehicle towards a full fleet exit. The company said the vessels would be sold in an orderly manner before their next major capital expenditure requirements and within the five-year investment horizon set when …
https://splash247.com/tufton-backed-stainless-tankers-heads-for-full-fleet-exit/
https://splash247.com/tufton-backed-stainless-tankers-heads-for-full-fleet-exit/