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Building commercial ships in U.S. shipyards supports the maritime industry, which plays a vital role in national security. However, U.S. commercial shipbuilding has been in decline for decades. The Maritime Administration (MARAD) has four financial…
https://www.marinelink.com/news/gao-marad-needs-improve-financial-527479
https://www.marinelink.com/news/gao-marad-needs-improve-financial-527479Recognizing the specialist skills required by both crew and commanders on board Search and Rescue (SAR) vessels, The Nautical Institute and The Maritime Search and Rescue Council have developed a scheme that addresses their specific needs.Successful…
https://www.marinelink.com/news/new-maritime-sar-endorsement-scheme-527480
https://www.marinelink.com/news/new-maritime-sar-endorsement-scheme-527480After decades of ongoing efforts, the Hong Kong Convention (HKC) has entered into force with big changes underway for the industry, reports cash buyer GMS. Bangladeshi and Pakistani markets still have a lot of work to do and catch up to the…
https://www.marinelink.com/news/ship-recycling-market-transitions-hong-527482
https://www.marinelink.com/news/ship-recycling-market-transitions-hong-527482Oslo-listed jackup rig player Shelf Drilling has landed a five-year contract extension with Saudi Aramco for its High Island V unit. The total added contract value is about $133m, the UAE-based company said in a filing. The extension will take effect immediately following the current fixture, securing operations through July 2030. “The contract extension reflects …
https://splash247.com/shelf-drilling-wins-saudi-aramco-rig-extension-deal/
https://splash247.com/shelf-drilling-wins-saudi-aramco-rig-extension-deal/Norway’s Amon Maritime has set up a new company to order ammonia-fuelled bulk carriers backed by a state grant. Named Amon Bulk, the new venture will develop two vessel types — a capesize and a kamsarmax — using a NOK253m ($25m) award from energy transition agency Enova. “The capesize and kamsarmax segments are ideal for …
https://splash247.com/norways-amon-maritime-unveils-ammonia-powered-bulk-carrier-venture/
https://splash247.com/norways-amon-maritime-unveils-ammonia-powered-bulk-carrier-venture/Military leaders are working to enforce a "one-theatre" concept in both the East and South China seas, the Philippines' defence minister said on Monday, adding that the Southeast Asian country facesthreats in disputed waters that are similar…
https://www.marinelink.com/news/military-leaders-establish-a-onetheatre-527460
https://www.marinelink.com/news/military-leaders-establish-a-onetheatre-527460A heat wave in western Europe has lowered water levels on Germany's Rhine River, hampering shipping and raising freight costs for cargo owners due to additional surcharges as their vessels were unable to sail fully loaded, commodity traders said on Monday.Low water has limited shipping on all of the
https://www.marinelink.com/news/low-rhine-river-levels-limit-fully-loaded-527461
https://www.marinelink.com/news/low-rhine-river-levels-limit-fully-loaded-527461One woman died, two people were feared missing and 87 were rescued following a migrant shipwreck off the Italian island of Lampedusa, a U.N. migration agency official said on Monday.Lampedusa lies between Tunisia, Malta and the larger Italian…
https://www.marinelink.com/news/one-dead-two-missing-migrant-shipwreck-527464
https://www.marinelink.com/news/one-dead-two-missing-migrant-shipwreck-527464Equinor, the developer of Empire Wind, officially launched the Service Operations Vessel ECO Liberty on June 28 for deployment in its New York offshore wind project. Louisiana First Lady Sharon Landry served as the vessel’s “Godmother” during…
https://www.marinelink.com/news/eco-liberty-service-operations-vessel-527466
https://www.marinelink.com/news/eco-liberty-service-operations-vessel-527466MacGregor has secured an order from Hapag-Lloyd for its fully automatic twistlocks (ACV-1) “Hippo," designed to improve cargo handling efficiency. Twistlocks are used to secure containers on ships, ensuring stability and safety during transport.This order will support Hapag-Lloyd’s A19-series ships…
https://www.marinelink.com/news/macgregor-deliver-fully-automatic-527467
https://www.marinelink.com/news/macgregor-deliver-fully-automatic-527467