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John Fredriksen’s Frontline has agreed to sell two 2017-built VLCCs for $270m, cashing in on firm tanker values at $135m per ship. The New York- and Oslo-listed owner said it expects the vessels to change hands during the third quarter. The ships and buyer were not identified. After repaying debt attached to the pair, Frontline …
https://splash247.com/frontline-strikes-270m-deal-for-vlcc-pair/
https://splash247.com/frontline-strikes-270m-deal-for-vlcc-pair/Argentina has suspended a controversial overhaul of its pilotage regime after industrial action brought much of the country’s maritime trade to a standstill and left more than 150 ships waiting to move. Port and river pilots resumed accepting assignments on Tuesday evening following an agreement with the government that includes a temporary suspension of Decree …
https://splash247.com/argentina-reopens-ports-after-pilots-trap-150-ships/
https://splash247.com/argentina-reopens-ports-after-pilots-trap-150-ships/Last week's Ukrainian drone attack on one of its vessels has forced Russian logistics and shipping group FESCO to suspend accepting new shipment orders via the Black Sea, the company said on Tuesday.The announcement highlights the growing disruption to shipping from a sharp escalation of attacks on
https://www.marinelink.com/news/fesco-pauses-black-sea-orders-drone-541767
https://www.marinelink.com/news/fesco-pauses-black-sea-orders-drone-541767Alternative grain export routes from Ukraine will reach required capacity at the end of August at the earliest, its agriculture minister said, warning they would cover only half of volumes handled by Black Sea ports disrupted by Russian attacks.Russia…
https://www.marinelink.com/news/ukraine-explores-alternative-grain-routes-541768
https://www.marinelink.com/news/ukraine-explores-alternative-grain-routes-541768India is taking a step into the global marine autonomy market after the Indian Register of Shipping (IRS) certified Accurate Industrial Control’s newly built patrol boat featuring collision avoidance software. The IRS has awarded the certification…
https://www.marinelink.com/news/accurate-industrial-controls-workboat-541769
https://www.marinelink.com/news/accurate-industrial-controls-workboat-541769SMM is launching Start-ups@SMM, an opportunity for young companies and their developments to take the stage. From September 1-4, international founders will demonstrate in Hamburg how new technologies are transforming the maritime industry.A…
https://www.marinelink.com/news/startupssmm-bring-fresh-ideas-smm-541775
https://www.marinelink.com/news/startupssmm-bring-fresh-ideas-smm-541775ADNOC, in collaboration with SLB, has deployed its AI-enabled Real-Time Operations Center (RTOC) platform across its fleet of over 120 rigs, providing teams with a faster and more connected way to monitor, analyze and manage drilling operations across its onshore and offshore assets.
https://www.marinelink.com/news/adnoc-slb-deploy-ai-platform-manage-541776
https://www.marinelink.com/news/adnoc-slb-deploy-ai-platform-manage-541776Cimolai Technology announced the successful completion of the unmooring and departure from the Port of Chioggia of the first of two 800-ton Goliath cranes, destined for the Fincantieri shipyard in Monfalcone.The initial phases of the transfer involved handling and loading operations of the crane…
https://www.marinelink.com/news/cimolai-technology-unmoors-ton-goliath-541777
https://www.marinelink.com/news/cimolai-technology-unmoors-ton-goliath-541777Maritime Tactical Systems, Inc. (MARTAC), a U.S.-based, leading provider of fully autonomous unmanned surface vessels (USVs), announced the strongest first-half results in the company’s 15-year history.MARTAC concluded record results for the six months ending June 30…
https://www.marinelink.com/news/martac-delivers-strongest-h-results-541778
https://www.marinelink.com/news/martac-delivers-strongest-h-results-541778Blue Water Autonomy, a Boston-based technology and shipbuilding company, has been selected for a multiple-award contract with the Naval Oceanographic Office (NAVOCEANO) to provide high-resolution ocean floor mapping using long-endurance uncrewed…
https://www.marinelink.com/news/blue-water-autonomy-selected-naval-541779
https://www.marinelink.com/news/blue-water-autonomy-selected-naval-541779