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HII is partnering with shipyards and fabricators in multiple states to grow its throughput and meet the increased demand for ships by the U.S. Navy. With its customer’s support, HII is bringing the work to more companies and more jobs in more states, expanding capacity of the U.S.
https://www.marinelink.com/news/hii-establishes-partnerships-expand-529923
https://www.marinelink.com/news/hii-establishes-partnerships-expand-529923Prices of iron ore futures slipped on Thursday, as top consumer China’s accumulating steel stocks in the peak demand season weighed on sentiment. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) closed daytime trade 0.81% lower at 795.5 yuan ($111.69) a metric ton. The benchmark October iron ore on the Singapore ...
https://www.hellenicshippingnews.com/iron-ore-slides-as-elevated-china-steel-stocks-weigh/
https://www.hellenicshippingnews.com/iron-ore-slides-as-elevated-china-steel-stocks-weigh/Iron ore shipments to China surprisingly strengthened in August, seemingly driven by the drop in iron ore prices and preparations from Chinese mills for a traditional summer pickup. Brazilian exports, in particular, stood out: shipments increased by 7% month- over-month, exceeding August 2024 levels by roughly 3 million tons, marking the highest monthly total for ...
https://www.hellenicshippingnews.com/iron-ore-shipments-to-china-are-gaining-stronger-momentum/
https://www.hellenicshippingnews.com/iron-ore-shipments-to-china-are-gaining-stronger-momentum/The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell on Thursday due to weak capesize rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 1 point, or 0.1%, to 2,111 points. The capesize index lost 30 points, or 1%, ...
https://www.hellenicshippingnews.com/baltic-index-slips-on-low-capesize-rates/
https://www.hellenicshippingnews.com/baltic-index-slips-on-low-capesize-rates/Taiwan will begin enforcing a new shipowner liability insurance review system from October 15, the Maritime and Port Administration (MPA) confirmed this week, marking the latest in a string of measures aimed at tightening control of questionable vessels entering its ports. From next month, all ships calling at Taiwan’s commercial ports must show proof of …
https://splash247.com/taiwan-tightens-pi-checks/
https://splash247.com/taiwan-tightens-pi-checks/US-based marine firm Curtin Maritime has invested $160m for eight hybrid-electric ship assist tugboats. The tugs will be built by the Snow & Co shipyard and will be equipped with Arc’s vertically integrated electric powertrains, delivering over 4,000 bhp and backed by a 6MWh battery buffer. According to Arc, the project marks the largest commercial …
https://splash247.com/curtin-maritime-orders-eight-hybrid-electric-tugboats/
https://splash247.com/curtin-maritime-orders-eight-hybrid-electric-tugboats/China’s Wison New Energies and Norwegian firm H2Carrier have launched a new initiative to deliver a 500MW green ammonia FPSO. In this collaboration, Wison is uniquely positioned to provide engineering and design, as well as construction and integration of the works for the Green Ammonia FPSO. The vessel will be used for producing green ammonia …
https://splash247.com/wison-new-energies-h2carrier-team-up-to-develop-green-ammonia-fpso/
https://splash247.com/wison-new-energies-h2carrier-team-up-to-develop-green-ammonia-fpso/Huisman has been awarded a contract from Hanwha Ocean for the design and construction of a 2,600 mt Leg Encircling Crane (LEC).The contract award follows the orders for two identical 2,600 mt Leg Encircling Cranes, destined for the wind turbine…
https://www.marinelink.com/news/huisman-deliver-offshore-crane-south-529886
https://www.marinelink.com/news/huisman-deliver-offshore-crane-south-529886Construction has started on the operations and maintenance (O&M) base for the 1.1 GW Inch Cape Offshore Wind Farm at Montrose Port in Angus, Scotland.The base will expand Inch Cape’s existing presence at Montrose, where its marine coordination center is already located…
https://www.marinelink.com/news/inch-cape-offshore-wind-farm-om-base-529887
https://www.marinelink.com/news/inch-cape-offshore-wind-farm-om-base-529887Offshore contractor Allseas has signed a construction contract with Guangzhou Shipyard International (GSI) in China for a purpose-built semi-submersible heavy transport vessel (HTV), marking a major expansion of its fleet capabilities.The vessel…
https://www.marinelink.com/news/allseas-orders-semisub-heavy-transport-529895
https://www.marinelink.com/news/allseas-orders-semisub-heavy-transport-529895