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The diplomatic spat between China and Panama is worsening over the Central American nation’s decision last week to strip Hong Kong’s CK Hutchison of its rights to operate two ports. Panama’s president, José Raúl Mulino, declared the government will never again award the Balboa and Cristobal port concessions to a single company after the Supreme …
https://splash247.com/panamas-port-purge-draws-chinas-ire/
https://splash247.com/panamas-port-purge-draws-chinas-ire/Rio Tinto and Glencore have called time on renewed merger talks, abandoning plans for a deal that would have reshaped the global mining sector. The companies confirmed on Thursday that discussions had ended without agreement, scrapping a proposed tie-up that could have created the world’s largest mining group, with a market value well north of …
https://splash247.com/rio-tinto-and-glencore-walk-away-from-revived-mega-merger-talks/
https://splash247.com/rio-tinto-and-glencore-walk-away-from-revived-mega-merger-talks/Progress on the BorWin6 Project continues with the successful completion of a fabrication yard milestone in Jebel Ali, United Arab Emirates. Mammoet has completed the transport, loadout and mooring of the 5,461-ton offshore jacket foundation…
https://www.marinelink.com/news/jacket-loadout-milestone-completed-borwin-535386
https://www.marinelink.com/news/jacket-loadout-milestone-completed-borwin-535386Lloyd’s Register (LR) has further enhanced its capabilities in China with the announcement of three new senior appointments. Tianxiang Li (TX), LR’s Director of Global Technical Support Office (TSO), has been appointed as President for Greater China.
https://www.marinelink.com/news/lloyds-register-strengthens-leadership-535388
https://www.marinelink.com/news/lloyds-register-strengthens-leadership-535388Tallink's shuttle ships on the Tallinn–Helsinki route are making a big leap towards using cleaner fuel, soon to be fully powered by renewable energy. In January, 74% of the fuel used by Megastar and MyStar was liquefied biomethane (LBM). The…
https://www.marinelink.com/news/tallink-shuttle-run-entirely-renewable-535389
https://www.marinelink.com/news/tallink-shuttle-run-entirely-renewable-535389Turkish tugboat builder Sanmar Shipyards has further reinforced its partnership with SAAM Towage through the delivery of a Boğaçay-Class tug that will operate in Latin America.The vessel, which has been named SAAM GUANAY, is based on the RAmparts…
https://www.marinelink.com/news/sanmar-strengthens-longterm-partnership-535391
https://www.marinelink.com/news/sanmar-strengthens-longterm-partnership-535391On February 5, NYK made an equity investment in Oceanic Constellations Inc. (OC) through a third-party allotment of new shares. The funds from this investment are expected to support OC’s efforts to establish a mass-production framework for unmanned surface vehicles (USVs)…
https://www.marinelink.com/news/nyk-invests-oceanic-constellations-tech-535393
https://www.marinelink.com/news/nyk-invests-oceanic-constellations-tech-535393The European Commission on Friday proposed a sweeping ban on any services that support Russia's seaborne crude oil exports, going far beyond previous piecemeal EU sanctions in its effort to stunt Moscow's key source of income for its war on…
https://www.marinelink.com/news/eu-proposes-sweeping-sanctions-russian-535397
https://www.marinelink.com/news/eu-proposes-sweeping-sanctions-russian-535397BAE Systems Launchpad is a new incubator program designed to take dual-use technologies beyond the defense sector and help innovations reach their full commercial potential.Launchpad directly addresses the challenge of moving defense technologies…
https://www.marinelink.com/news/bae-systems-launches-incubator-program-535406
https://www.marinelink.com/news/bae-systems-launches-incubator-program-535406The U.S. Department of Labor published a notice providing enhanced and transparent guidance for calculating the amount of securitization required by insurers writing policies under the Longshore and Harbor Workers' Compensation Act. This new…
https://www.marinelink.com/news/regulatory-relief-coming-shipbuilding-535408
https://www.marinelink.com/news/regulatory-relief-coming-shipbuilding-535408