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The Federal Maritime Commission acknowledges the service of the members of the National Shipper Advisory Committee (NSAC). Since October 2021, NSAC’s members have provided information and perspectives on conditions in the ocean freight delivery system.
https://www.marinelink.com/news/federal-maritime-commission-recognizes-533716
https://www.marinelink.com/news/federal-maritime-commission-recognizes-533716Venezuela on Thursday authorized two very large crude carriers (VLCC) to set sail for China, according to two sources familiar with Venezuela's oil export operations, which would be only the second and third supertankers to depart the country since the U.S.
https://www.marinelink.com/news/venezuela-authorizes-two-unsanctioned-533719
https://www.marinelink.com/news/venezuela-authorizes-two-unsanctioned-533719Our fascination with the depths of the ocean revealed itself in some of our most-read stories of 2025.What’s really down there? asked New Wave Media President Greg Trauthwein in his interview with Matt Grove, Regional Segment Manager Offshore at Seequent in September…
https://www.marinelink.com/news/fascinated-subsea-discovery-533721
https://www.marinelink.com/news/fascinated-subsea-discovery-533721Iron ore futures extended gains on Thursday, aided by improved steel margins and the expectation of feedstock replenishment among steel mills in top consumer China. The most-traded iron ore contract on China’s Dalian Commodity Exchange (DCE) rose for a third straight session to end daytime trade up 1.63% at 777.5 yuan ($110.43) a metric ton, ...
https://www.hellenicshippingnews.com/iron-ore-extends-gains-on-improving-steel-margins-restocking-hopes/The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, extended losses to a more than one-month low on Thursday, as vessel rates declined across the board. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 50 points, or 2.4%, to 2,071 ...
https://www.hellenicshippingnews.com/baltic-index-extends-losses-on-declining-rates-across-all-vessel-segments/Norwegian ocean services player DeepOcean has been awarded a new long-term inspection, maintenance, and repair frame agreement with operator Vår Energi. The contract has a firm duration of five years, running until the end of October 2030, with options to extend for up to an additional four years. The scope of the contract includes subsea …
https://splash247.com/deepocean-bags-five-year-imr-deal-with-var-energi/
https://splash247.com/deepocean-bags-five-year-imr-deal-with-var-energi/Philippos Ioulianou, managing director of EmissionLink, writes for Splash today. If 2025 was meant to be the year shipping sprinted towards a clean-fuel future, it never quite got off the starting blocks. We are ending the year with a familiar scenario: ambitious targets, unclear routes, uneven enforcement and an industry being pushed faster than the …
Heinrich Schulte, the long-standing chairman of the Schulte Group, has passed away, aged 90. Heinrich Schulte was born in Hamburg, but with family roots in Papenburg and Emden. He joined his father’s shipping company, Bernhard Schulte, in 1963. He expanded the company into a diversified global maritime group. In addition to the shipowning business, which …
https://splash247.com/shipping-industry-veteran-heinrich-schulte-passes-away/
https://splash247.com/shipping-industry-veteran-heinrich-schulte-passes-away/Shanghai International Port Group (SIPG) has appointed ex-Shanghai transport commission head Yu Fulin as its chairman. According to the company, Yu Fulin was elected by the SIPG’s board via a unanimous vote. He will also serve as the chairman of the strategy committee. Fulin is a senior engineer, born in March 1967. He currently serves …
https://splash247.com/sipg-picks-new-chairman/
https://splash247.com/sipg-picks-new-chairman/Finland’s Mikki Koskinen has been named as the new president of the European Community Shipowners’ Associations, effective January 1, 2026. Koskinen has been the managing director of ESL Shipping Oy, part of Aspo Group, since 2013, and is a member of Aspo’s Executive Board. Before that, he was the managing director of Meriaura Oy. Koskinen …
https://splash247.com/finnish-shipping-executive-mikki-koskinen-to-lead-ecsa-from-2026/
https://splash247.com/finnish-shipping-executive-mikki-koskinen-to-lead-ecsa-from-2026/