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In recent years, the lack of replacement actuators for larger diesel engines and, in some cases, turbines has been a growing problem for shipowners and land-based facilities. Qtagg has launched new actuator units to replace the installed base…
https://www.marinelink.com/news/goltens-qtagg-launch-replacement-525748
https://www.marinelink.com/news/goltens-qtagg-launch-replacement-525748The Institute for Marine Engineering, Science and Technology (IMarEST) has published a complimentary guide for ship managers entitled "Transforming Mental Health at Sea." Produced in partnership with the Guild of Benevolence, the IMarEST’s partner charity…
https://www.marinelink.com/news/imarest-releases-guide-help-ship-managers-525750
https://www.marinelink.com/news/imarest-releases-guide-help-ship-managers-525750Iron ore futures climbed to their highest in more than five weeks on Wednesday, driven by moves from the United States and China to cut tariffs following a trade agreement, bolstering hopes for a lasting resolution to the trade dispute. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! closed daytime ...
https://www.hellenicshippingnews.com/iron-ore-hits-more-than-5-week-high-on-sino-us-trade-truce-optimism/
https://www.hellenicshippingnews.com/iron-ore-hits-more-than-5-week-high-on-sino-us-trade-truce-optimism/U.S. soybean exports may drop 20% and the prices paid to farmers will plunge if the United States and China fail to resolve their trade dispute limiting U.S. soybeans from their largest market, agribusiness consultants AgResource said. The temporary truce in the U.S.-China trade war, announced on Monday, would not help U.S. farmers revive soy ...
https://www.hellenicshippingnews.com/us-soybean-exports-may-fall-20-without-china-trade-deal-agresource-says/
https://www.hellenicshippingnews.com/us-soybean-exports-may-fall-20-without-china-trade-deal-agresource-says/Brazil continues to strengthen its position as China’s primary soybean supplier, with this dominance mainly attributed to the country’s record harvests, competitive pricing, and the absence of tariffs that continue to impact U.S. soybeans. Recent news revealed that China has lifted suspensions on five Brazilian soybean exporters, enhancing trade flows ahead of Brazilian President Lula ...
https://www.hellenicshippingnews.com/dry-weekly-market-monitor-soybean-dry-bulk-flows-brazil-to-china/
https://www.hellenicshippingnews.com/dry-weekly-market-monitor-soybean-dry-bulk-flows-brazil-to-china/The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell for a second straight session on lower capesize and panamax vessel rates. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, lost 13 points, or 1.02%, to 1,267, its lowest since April ...
https://www.hellenicshippingnews.com/baltic-index-extends-declines-on-lower-capesize-panamax-rates/
https://www.hellenicshippingnews.com/baltic-index-extends-declines-on-lower-capesize-panamax-rates/Greek owner Minerva has bought the three-year-old, 1,781 teu Mindoro boxship from Germany’s Briese Schiffahrt for $31.5m. The sale makes a tidy profit for the German owner, who ordered the ship in 2021 for $26m, according to data from Alphaliner. The ship has been renamed Little Symphony and it remains on charter to Hapag-Lloyd through …
https://splash247.com/minerva-buys-another-modern-boxship/
https://splash247.com/minerva-buys-another-modern-boxship/Danish shipping giant Norden has decided to increase its multi-purpose (MPP) fleet by signing newbuilding leases with purchase options for two vessels. These two vessels are options to the recently signed deals for two identical vessels set to deliver in 2026. This latest pair of 17,500 dwt vessels is expected to be delivered in 2026 …
https://splash247.com/norden-exercises-option-for-two-more-mpps/
https://splash247.com/norden-exercises-option-for-two-more-mpps/European Union countries have agreed to impose a new raft of sanctions against Russia, including those targeting nearly 200 ships in the so-called shadow fleet used to circumvent restrictions on oil and gas exports. The new round of sanctions, set to be adopted next week, comes as Moscow and Kyiv may hold their first peace …
https://splash247.com/eu-sanctions-target-nearly-200-russia-linked-ships/
https://splash247.com/eu-sanctions-target-nearly-200-russia-linked-ships/LS Eco Advanced Cables (LSEAC) has launched a five-week public consultation on its proposals to develop a high voltage cable production facility at the Port of Tyne for subsea electricity transmission, designed to transport clean energy generated…
https://www.marinelink.com/news/new-b-subsea-cables-factory-plan-set-525719
https://www.marinelink.com/news/new-b-subsea-cables-factory-plan-set-525719