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A series of suspected limpet mine attacks and unexplained blasts targeting commercial tankers in the Mediterranean has reignited concern over the evolving nature of maritime threats. “These incidents – marked by stealth, ambiguity, and geopolitical undertones – signal a shift in the maritime risk landscape that demands a recalibration of both operational vigilance and strategic …
https://splash247.com/limpet-mine-threat-in-the-mediterranean-grows/
https://splash247.com/limpet-mine-threat-in-the-mediterranean-grows/The International Transport Workers’ Federation (ITF) has voiced its concern this week to the Joint Negotiating Group (JNG), which represents maritime employers, regarding the Strait of Hormuz, Gulf of Oman and Israeli ports and asked that these areas be designated as Warlike Operations Areas (WOA). The move would give seafarers the right to refuse to …
https://splash247.com/itf-pushes-for-warlike-status-in-gulf-hotspots/
https://splash247.com/itf-pushes-for-warlike-status-in-gulf-hotspots/Iron ore futures rose to a more than one-month high on Thursday, supported by China’s renewed push to curb low-price competition and cut excess industrial capacity. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended 2.45% higher at 733 yuan ($102.33) a metric ton – a peak since May 16. The ...
https://www.hellenicshippingnews.com/iron-ore-rises-to-over-one-month-high-as-china-targets-overcapacity/In our recent report on how bauxite exports from Guinea are driving capesize demand, we explored how surging demand for bauxite from China has led to the aluminium ore overtaking coal as the second-largest capesize-shipped product. This report provides an update and gives a short-term outlook on how the wet season on Africa’s West coast ...
https://www.hellenicshippingnews.com/wet-season-affecting-capesize-demand-from-west-africa/
https://www.hellenicshippingnews.com/wet-season-affecting-capesize-demand-from-west-africa/The Baltic Exchange’s main sea freight index, which monitors rates for vessels moving dry bulk commodities, fell for the seventh straight session on Thursday, weighed down by lower demand for capesize vessels. The main index dropped to its lowest point since June 3, shedding 9 points, or 0.6%, to 1,434 points. The capesize index slipped ...
https://www.hellenicshippingnews.com/baltic-index-slips-for-seventh-straight-day-on-weaker-capesize-rates/Seaborne trade flows are expected to be reshaped, due to China’s and India’s shift towards higher-grade coal imports. In its latest weekly report, shipbroker Xclusiv said that “China’s domestic steel demand continues to experience a marked downturn, deepening concerns over the near-term outlook for the world’s largest steel market. Data from May 2025 indicate a ...
https://www.hellenicshippingnews.com/dry-bulk-market-coal-flows-to-be-reshaped/
https://www.hellenicshippingnews.com/dry-bulk-market-coal-flows-to-be-reshaped/Malaysian offshore marine support services firm Perdana Petroleum has won a new contract for the charter of an anchor handling tug and supply (AHTS) vessel. The contract was awarded to its wholly owned subsidiary, Perdana Nautika, and will last for 120 days. The identity of the client was left undisclosed due to confidentiality clauses. The …
https://splash247.com/perdana-petroleum-wins-anchor-handler-work/
https://splash247.com/perdana-petroleum-wins-anchor-handler-work/Shipping nuclear propulsion start-up CORE POWER, ABS, and Athlos Energy have formed a consortium to evaluate the potential of floating nuclear power plants (FNPPs) to meet the energy demands of islands, ports, and coastal communities in the Mediterranean Sea. The group will research how FNPPs can potentially unlock a range of applications, including the establishment …
https://splash247.com/new-consortium-to-explore-floating-nuclear-power-in-the-mediterranean/
https://splash247.com/new-consortium-to-explore-floating-nuclear-power-in-the-mediterranean/Four people died, 30 were missing and 31 survived after a ferry carrying 65 people sank near the Indonesian island of Bali, the country's Search and Rescue agency said on Thursday, as rescuers raced to find victims in the rough sea.The KMP Tunu Pratama Jaya sank almost half an hour after leaving Eas
https://www.marinelink.com/news/ferry-sinks-off-bali-killing-four-go-527604
https://www.marinelink.com/news/ferry-sinks-off-bali-killing-four-go-527604Fincantieri Marine Group (FMG), the U.S. subsidiary of Fincantieri, has appointed George A. Moutafis as Chief Executive Officer (CEO).The leadership transition of the U.S. company of the group led by CEO and General Manager Pierroberto Folgiero comes at a pivotal moment for the U.S.
https://www.marinelink.com/news/fincantieris-us-subsidiary-names-new-ceo-527605
https://www.marinelink.com/news/fincantieris-us-subsidiary-names-new-ceo-527605