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The Shearer Group, Inc. (TSGI) has announced a new addition to its naval architecture, marine engineering, and marine surveying firm, Luke Strawson. Luke holds a Bachelor of Science in Ocean Engineering from Texas A&M University.While studying at Texas A&M…
https://www.marinelink.com/news/shearer-group-inc-welcomes-new-team-528685
https://www.marinelink.com/news/shearer-group-inc-welcomes-new-team-528685Today, Tuesday, August 05 2025, the Baltic Dry Index decreased by 49 points, reaching 1921 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1921-down-49-points/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1921-down-49-points/The US Bureau of Ocean Energy Management (BOEM) has rescinded over 3.5 million acres (over 14,000 sq km) of unleased federal waters previously set for offshore wind development. The removes all 11 previously designated wind energy areas across the Gulf of Mexico, the Gulf of Maine, the New York Bight, California, Oregon, North Carolina, California’s …
https://splash247.com/us-withdraws-all-designated-offshore-wind-energy-areas/
https://splash247.com/us-withdraws-all-designated-offshore-wind-energy-areas/Saudi oil and gas driller ADES has made a NOK 3.9bn ($380m) offer to buy all issued and outstanding shares of Dubai-based Shelf Drilling. The two parties signed an agreement for a recommended offer, under which ADES will acquire the Shelf through a cash merger. It will be financed through ADES’s available credit facility. At …
https://splash247.com/ades-to-acquire-shelf-drilling-in-380m-deal/
https://splash247.com/ades-to-acquire-shelf-drilling-in-380m-deal/Wolfgang Lehmacher and Hans Galland on the latest in logistics AI. AI in supply chains, logistics, and transport was a bit like a hammer desperately searching for nails, powerful in theory but struggling to find the right fit in the real world. That story is changing. We have entered an era where AI is not …
https://splash247.com/shipping-and-the-era-of-integrated-configurable-solutions/
https://splash247.com/shipping-and-the-era-of-integrated-configurable-solutions/Greek owner Tsakos Energy Navigation (TEN) has confirmed a newbuilding deal for two VLCCs at Hanwha Ocean in South Korea, as part of a wider fleet renewal strategy. The New York-listed company is paying around $128m per 320,000 dwt vessel, with deliveries scheduled for 2027 and 2028 and an option secured for a third unit. …
https://splash247.com/tsakos-confirms-hanwha-vlcc-order/
https://splash247.com/tsakos-confirms-hanwha-vlcc-order/Mumbai-based Seven Islands Shipping has snapped up the 50,000 dwt MR tanker Seaways Mia (built 2008), recently renamed Mayfair. The acquisition marks the first MR move this year by the Indian outfit. The deal is part of a series of sales by New York-listed International Seaways, which has now offloaded four MR tankers since the end …
https://splash247.com/seven-islands-shipping-adds-mr-tanker-from-international-seaways/
https://splash247.com/seven-islands-shipping-adds-mr-tanker-from-international-seaways/The Alabama State Port Authority (ASPA), operator of the Port of Mobile, has filed a federal lawsuit against Texas-based Gulf Corp and its affiliate Gulf Port Alabama, accusing them of trademark infringement, copyright violation, and cybersquatting in connection with their marketing of the planned Port Alabama Industrial Center. The $1bn, 12m sq ft industrial park …
https://splash247.com/port-of-mobile-sues-developer-over-trademark-infringement-and-cybersquatting/
https://splash247.com/port-of-mobile-sues-developer-over-trademark-infringement-and-cybersquatting/Denmark’s Norden has added seven vessels under new lease deals with purchase options, reinforcing its focus on asset flexibility while modernising its fleet in the project cargo and dry bulk segments. The latest deals include six multipurpose (MPP) vessels — four newbuilds for delivery in 2027 and 2028 and two secondhand vessels already operating in …
https://splash247.com/norden-locks-in-seven-vessels-with-lease-to-own-deals/
https://splash247.com/norden-locks-in-seven-vessels-with-lease-to-own-deals/Vietnam’s largest conglomerate, Vingroup, led by billionaire Pham Nhat Vuong, has released plans to invest VDN374trn ($14bn) in a massive port and logistics hub in Haiphong, about 100 km east of Hanoi. Announced Monday, the project will be developed in three phases through 2040, aiming to cement Vingroup’s role in national infrastructure while supporting its …
https://splash247.com/vingroup-plots-14bn-haiphong-port-complex/
https://splash247.com/vingroup-plots-14bn-haiphong-port-complex/