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The 'INS Arnala,' classed by Indian Register of Shipping (IRS) and the first in a series of eight Anti-Submarine Warfare Shallow Water Crafts (ASW SWCs), has been delivered to the Indian Navy. The vessel was delivered by Garden Reach Shipbuilders and Engineers (GRSE) Ltd…
https://www.marinelink.com/news/antisubmarine-shallowwater-craft-527193
https://www.marinelink.com/news/antisubmarine-shallowwater-craft-527193On June 12, Nippon Yusen Kabushiki Kaisha (NYK) reached an agreement to acquire 100% of Kadmos Holding GmbH (Kadmos), a global end-to-end maritime salary payments platform provider headquartered in Germany.Founded in 2021 and based in Berlin and London…
https://www.marinelink.com/news/nyk-acquires-kadmos-salary-payment-527194
https://www.marinelink.com/news/nyk-acquires-kadmos-salary-payment-527194On June 20, NYK arranged an inspection of one of its car carriers for representatives from the Tokyo Fire Department, Yokohama City Fire Bureau, and local cargo-handling companies to examine the car carrier's structure and firefighting equipment, as well as discuss fire-response procedures.
https://www.marinelink.com/news/nyk-strengthens-fire-prevention-car-527195
https://www.marinelink.com/news/nyk-strengthens-fire-prevention-car-527195The newly launched electric ferry Nerthus has set sail, featuring Danfoss Drives’ latest iC7 series as a key part of its all-electric propulsion system.Danfoss provided essential components for the ferry’s electric drivetrain and parts of the shoreside charging infrastructure.Molslinjen…
https://www.marinelink.com/news/danfoss-ic-series-powers-new-electric-527196
https://www.marinelink.com/news/danfoss-ic-series-powers-new-electric-527196At least two supertankers made U-turns near the Strait of Hormuz following U.S. military strikes on Iran, shiptracking data shows, as more than a week of violence in the region prompts vessels to speed, pause, or alter their journeys.Washington's…
https://www.marinelink.com/news/tankers-hesitate-adjust-course-strait-527198
https://www.marinelink.com/news/tankers-hesitate-adjust-course-strait-527198Greece will deploy two frigates and one more vessel off Libya's territorial waters to deter migrants from arriving at its southern islands of Crete and Gavdos, Greek Prime Minister Kyriakos Mitsotakis said on Monday.Mitsotakis did not elaborate…
https://www.marinelink.com/news/greece-vessels-curb-migrant-flow-crete-527204
https://www.marinelink.com/news/greece-vessels-curb-migrant-flow-crete-527204U.S. and Israeli attacks on Iran and Tehran's reprisals have doubled the price of insuring shipments to the Middle East and the Gulf in the last week, insurance sources said on Monday.War risk insurance premiums for shipments to the Middle East…
https://www.marinelink.com/news/war-risk-insurance-costs-double-middle-527210
https://www.marinelink.com/news/war-risk-insurance-costs-double-middle-527210Malaysian palm oil futures declined on Monday, pressured by weaker rival Dalian oils, while stronger crude oil prices and a softer ringgit capped the fall. The benchmark palm oil contract FCPO1! for September delivery on the Bursa Malaysia Derivatives Exchange lost 12 ringgit, or 0.29%, to 4,106 ringgit ($959.79) a metric ton at the midday ...
https://www.hellenicshippingnews.com/weak-dalian-drags-palm-lower-firm-crude-soft-ringgit-cushion-fall/The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a more than two-week low on Monday, dragged by a decline in capesize vessel rates. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, was down 15 points, or 0.9%, at 1,674, its ...
https://www.hellenicshippingnews.com/baltic-dry-bulk-index-dips-to-over-2-week-low-as-capesize-rates-retreat/Abdulaziz bin Turki Al Saud, a Saudi prince, has launched Eleven Energy, a new global bunkering company. Positioned to play a key role in supporting the Kingdom’s international energy ambitions, Eleven Energy will spearhead Saudi Arabia’s entry into the global bunker and marine fuels market, with a focus on innovation, reliability, and strategic expansion. At …
https://splash247.com/saudi-prince-launches-bunker-company/
https://splash247.com/saudi-prince-launches-bunker-company/