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Aesen Pte. Ltd. (Aesen) and Dutch Offshore Contractors Holdings B.V. (DOC) formed Aesen DOC Cable Logistics Pte. Ltd., a joint venture to address the growing global demand for subsea cable transport, storage and logistics solutions.With global…
https://www.marinelink.com/news/aesen-doc-jv-targets-subsea-cable-530525
https://www.marinelink.com/news/aesen-doc-jv-targets-subsea-cable-530525MELTRIC announced the official launch of P66 – 660 amps at 1,100 volts alternating current and 1,500 volts direct current, with an 8-aux bundle.MELTRIC announced the launch of P66 – a safe, high-powered, and highly durable electrical connection…
https://www.marinelink.com/news/meltric-debuts-p-industrial-plug-530526
https://www.marinelink.com/news/meltric-debuts-p-industrial-plug-530526United Heavy Lift (UHL) said that Managing Director Lars Bonnesen has sold his shares in United Heavy Lift to the United Shipping Group and will step down from his role as of December 31, 2025. In a related development, Christian Monsted has…
https://www.marinelink.com/news/uhl-md-bonnesen-step-down-530527
https://www.marinelink.com/news/uhl-md-bonnesen-step-down-530527British maritime security firm Ambrey said on Monday that a Netherlands-flagged general cargo ship reportedly came under attack 120 nautical miles southeast of Yemen's port city of Aden.The United Kingdom Maritime Trade Operations (UKMTO) also said that military authorities reported that a vessel…
https://www.marinelink.com/news/dutch-cargo-ship-attacked-off-yemen-530528
https://www.marinelink.com/news/dutch-cargo-ship-attacked-off-yemen-530528The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell on Monday, pressured by declining rates across all vessel segments.The main index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 39 points to 2,220
https://www.marinelink.com/news/baltic-index-vessel-rates-fall-across-530529
https://www.marinelink.com/news/baltic-index-vessel-rates-fall-across-530529On the opening day of the Seafuture trade fair in La Spezia, the National Armaments Directors of Italy and Greece signed a preliminary agreement for the sale to the Hellenic Navy, through Fincantieri, of two naval vessels currently in service with the Italian Navy.
https://www.marinelink.com/news/italy-greece-ink-pact-warships-530530
https://www.marinelink.com/news/italy-greece-ink-pact-warships-530530The owners and managers of the M/V Dali, the ship that destroyed Baltimore’s Francis Scott Key Bridge, have brought a claim in the Pennsylvania Court against the vessel’s shipbuilder, Hyundai Heavy Industries Co. Ltd. The M/V Dali was completed and delivered by HHI in 2015…
https://www.marinelink.com/news/shipbuilding-contracts-lessons-learned-530533
https://www.marinelink.com/news/shipbuilding-contracts-lessons-learned-530533After developing the technique some five years ago, Aker Arctic has now completed the research required to get its new design methodology for icebreaker hulls accepted into the Finish-Swedish Ice Class Rules. The method has also been adopted to Polar Class rules of several Class Societies (LR…
https://www.marinelink.com/news/bent-not-broken-lighter-icebreakers-530535
https://www.marinelink.com/news/bent-not-broken-lighter-icebreakers-530535Around 40 Argentine soybean cargoes were registered for export in November and December during this week’s export tax suspension, mostly headed to China, two traders told Reuters, in purchases that directly eat into the prime U.S. marketing season. A total of 2.66 million tons of soybeans were registered for November and December, accounting for more ...
https://www.hellenicshippingnews.com/china-buys-most-of-40-argentina-soy-cargoes-this-week-for-nov-dec-traders-say/Capesize The Capesize market retained an overall firmer tone through the week, though momentum eased into the close. The BCI 5TC advanced from just under $28,000 at the start of the week, pushing through the $30,000 threshold before easing slightly to finish at $30,076. In the Pacific, miner presence was initially strong, ranging from two ...
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-market-keeps-firming/
https://www.hellenicshippingnews.com/dry-bulk-market-capesize-market-keeps-firming/