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BPMI, a defense prime contractor for the Naval Nuclear Propulsion Program, has partnered with Gecko Robotics to introduce advanced manufacturing technology that supports the production of high-quality components installed aboard U.S. Navy nuclear-powered aircraft carriers and submarines.
https://www.marinelink.com/news/bpmi-gecko-robotics-partner-accelerate-527983
https://www.marinelink.com/news/bpmi-gecko-robotics-partner-accelerate-527983Metal Shark has announced the delivery of a new 40’ x 12’ welded aluminum monohull pilothouse fireboat to Tampa Fire Rescue. Designed in-house by Metal Shark and built at the company’s Jeanerette, Louisiana production facility, the new vessel…
https://www.marinelink.com/news/metal-shark-delivers-first-two-new-boats-527984
https://www.marinelink.com/news/metal-shark-delivers-first-two-new-boats-527984Iron ore futures prices rebounded on Tuesday, reversing early losses as positive economic data and strengthening ties between major producer Australia and top consumer China outweighed persistent weakness in China’s property sector. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) traded 0.13% higher at 767 yuan ($106.91) a metric ton. The ...
https://www.hellenicshippingnews.com/iron-ore-reverses-early-losses-on-positive-economic-data-improving-australia-ties/Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced it has closed a $600 million revolving credit facility, amending its existing facility to provide significant capacity to pursue accretive growth opportunities among other uses. Key terms of the $600 million revolving credit facility include: ...
https://www.hellenicshippingnews.com/genco-shipping-trading-closes-new-600-million-revolving-credit-facility-increasing-borrowing-capacity-by-50/China’s imports of major commodities presented a mixed picture in the first half, but if there is a clear trend it is that the world’s top buyer of natural resources is increasingly sensitive to prices. Crude oil imports were barely higher over the first six months from the same period last year, liquefied natural gas ...
https://www.hellenicshippingnews.com/chinas-imports-of-major-commodities-show-rising-price-sensitivity/The Baltic Exchange’s main sea freight index, which tracks rates for vessels transporting dry bulk commodities, climbed on Tuesday to its highest level in a month, buoyed by broad-based gains across all vessel segments. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, gained 83 points, or 4.7%, to 1,866 points, ...
https://www.hellenicshippingnews.com/baltic-freight-index-buoyed-by-gains-across-segments/
https://www.hellenicshippingnews.com/baltic-freight-index-buoyed-by-gains-across-segments/Shipping investment activity was much more evident in the S&P market over the past week, rather than the newbuilding segment. In its latest weekly report, shipbroker Banchero Costa said that “in the Panamax segment, Vietnamese interests were behind the purchase of IVESTOS II 76,284 dwt 2004 Tsuneishi built at $8.40 mln. In the Supramax segment, ...
https://www.hellenicshippingnews.com/ship-owners-turn-to-second-hand-ships/
https://www.hellenicshippingnews.com/ship-owners-turn-to-second-hand-ships/Dutch surveyor Fugro has been awarded a seven-year framework agreement with Ireland’s state-owned electricity transmission operator EirGrid. The agreement is for a full suite of geo-data surveys for the “Powering Up Offshore – South Coast” project. The initiative will develop offshore electricity substations and export cable routes to connect future wind farms along Ireland’s south …
https://splash247.com/fugro-surveys-to-help-develop-irelands-offshore-grid/
https://splash247.com/fugro-surveys-to-help-develop-irelands-offshore-grid/Vessel operators must embed cybersecurity into their operational procedures to meet USCG 33 CFR Part 104, writes Nicolas Furgé, President, Cyber, MarlinkAs cyber threats continue to grow in both scale and complexity, maritime stakeholders, from…
https://www.marinelink.com/news/top-five-essentials-us-coast-guard-cyber-527957
https://www.marinelink.com/news/top-five-essentials-us-coast-guard-cyber-527957Most European ports are lagging in installing the shore-side electrical infrastructure needed for ships to switch from highly polluting marine fuel to cleaner electricity while docked, a new study showed on Tuesday.European Union environmental…
https://www.marinelink.com/news/europe-ports-lag-installing-shore-power-527958
https://www.marinelink.com/news/europe-ports-lag-installing-shore-power-527958