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Qingdao Beihai shipyard has ordered 10 × Everllence B&W 7G80ME-LGIM (Liquid Gas Injection Methanol) Mk 10.5 engines in connection with the construction of 10 × 325,000 dwt very large ore carriers (VLOC) for Chinese shipping companies, Shandong…
https://www.marinelink.com/news/chinese-companies-order-methanolfueled-530453
https://www.marinelink.com/news/chinese-companies-order-methanolfueled-530453Several news items this week highlight the potential consequences of uncertainty in the energy market.Fugro scrapped its annual outlook and announced further job cuts, citing an impact from project delays. The company said that projects in the…
https://www.marinelink.com/news/uncertainty-reduces-new-oil-gas-530454
https://www.marinelink.com/news/uncertainty-reduces-new-oil-gas-530454The United Nations is celebrating 80 years this year, and this week’s general assembly is meeting under the theme: Better together: 80 years and more for peace, development, and human rights.The UN Charter was signed on June 26, 1945, and came into force October 24 that year.From its founding…
https://www.marinelink.com/news/better-together-united-nations-turns-530455
https://www.marinelink.com/news/better-together-united-nations-turns-530455It might be the world’s premier maritime hub, but the bills are a pain. How do you run a tight ship in the Lion Republic? Singapore may be celebrated as one of the world’s most efficient and stable maritime hubs, but beneath the gloss, businesses are grappling with the rising cost of keeping their operations …
https://splash247.com/singapore-inc-feels-the-squeeze/
https://splash247.com/singapore-inc-feels-the-squeeze/The impact of software on the performance of vessels and fleets was described by ABS Chairman and Chief Executive Christopher J. Wiernicki at a launch event in Greece for ABS Wavesight Advantage, a new intelligent platform.“In an industry where every ton and every ton-mile counts…
https://www.marinelink.com/news/abs-chairman-ceo-discusses-abs-wavesight-530430
https://www.marinelink.com/news/abs-chairman-ceo-discusses-abs-wavesight-530430Italy and Spain have deployed naval ships to assist an international aid flotilla that has come under drone attack while trying to deliver aid to Gaza, potentially ratcheting up tensions with Israel, which strongly opposes the initiative.The…
https://www.marinelink.com/news/italy-spain-deploy-naval-ships-assist-530441
https://www.marinelink.com/news/italy-spain-deploy-naval-ships-assist-530441Ergon Marine & Industrial Supply (EMIS) is launching a third location in Wood River, Illinois, adding to our service network across the Mississippi River. The new site extends our offering into the Upper Mississippi, giving vessels greater choice on where to fuel, restock supplies and offload waste.
https://www.marinelink.com/news/ergon-extends-services-upper-mississippi-530445
https://www.marinelink.com/news/ergon-extends-services-upper-mississippi-530445Prices of Dalian iron ore futures edged higher on Thursday, supported by pre-holiday restocking activity. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) was 0.25% higher at 805.5 yuan ($113.04) a metric ton. The benchmark September iron ore on the Singapore Exchange was 0.09% lower at $105.6 a ton, as of ...
https://www.hellenicshippingnews.com/dalian-iron-ore-rises-on-pre-holiday-restocking-demand/
https://www.hellenicshippingnews.com/dalian-iron-ore-rises-on-pre-holiday-restocking-demand/The United States should remove what China described as unreasonable tariffs and create conditions to expand bilateral trade, a Chinese commerce ministry spokesperson said on Thursday when asked if China would purchase U.S. soybeans. China, the world’s biggest buyer of soybeans, has yet to book any U.S. soybean cargoes from its autumn harvest, traders have ...
https://www.hellenicshippingnews.com/china-signals-that-purchases-of-us-soybeans-hinge-on-tariff-removal/Australia is on track to reap its third-biggest wheat harvest and its largest ever barley crop this year, according to a poll of analysts, many of whom have raised their estimates in recent weeks thanks to favourable crop conditions. Australia is the world’s No. 4 wheat exporter and a big shipper of other crops. Its ...
https://www.hellenicshippingnews.com/australia-on-track-for-third-largest-wheat-harvest-record-barley-crop/