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Kongsberg Maritime is marking 50 years since the introduction of its first dynamic positioning (DP) system, a Norwegian innovation that transformed offshore operations and set new standards for safety and efficiency at sea.The story began in the mid-1970s…
https://www.marinelink.com/news/kongsberg-maritime-marks-years-dynamic-533115
https://www.marinelink.com/news/kongsberg-maritime-marks-years-dynamic-533115Saronic has announced a $300 million investment to expand its Franklin, Louisiana shipyard.Supported by close partnerships with Louisiana Economic Development, St. Mary Parish, and other state and local officials, Saronic is expanding its facility…
https://www.marinelink.com/news/saronic-expands-louisiana-shipyard-533118
https://www.marinelink.com/news/saronic-expands-louisiana-shipyard-533118KVH has unveiled the latest addition to the CommBox Edge Communications Gateway family, the CommBox Edge Core.With an extensive feature suite, high-performance network management, and versatile onboard networking, CommBox Edge Core creates an…
https://www.marinelink.com/news/kvh-introduces-commbox-edge-core-router-533124
https://www.marinelink.com/news/kvh-introduces-commbox-edge-core-router-533124Shipments of iron ore on the Great Lakes decreased 19.1 percent from 2024 to 3.4 million tons in November. Shipments were below the month’s 5-year average by 20.3 percent.Year-to-date, the iron ore trade stands at 39.2 million tons, a decrease…
https://www.marinelink.com/news/great-lakes-iron-ore-trade-down-november-533125
https://www.marinelink.com/news/great-lakes-iron-ore-trade-down-november-533125On December 3, a joint venture company comprising NYK, Kawasaki Kisen Kaisha, MISC, and China LNG Shipping (Holdings) Limited held a naming ceremony for two new 174,000cbm LNG carriers for QatarEnergy.The ceremony was held at HD Hyundai Heavy Industries in South Korea.
https://www.marinelink.com/news/two-new-lng-carriers-delivered-533126
https://www.marinelink.com/news/two-new-lng-carriers-delivered-533126Italy’s Fincantieri and Bahrain’s Arab Shipbuilding & Repair Yard (ASRY) signed an industrial cooperation agreement to explore joint opportunities in naval and offshore vessel construction and maintenance.Under the agreement, the two companies…
https://www.marinelink.com/news/fincantieri-asry-agree-explore-gulf-533127
https://www.marinelink.com/news/fincantieri-asry-agree-explore-gulf-533127GTT announces that it has received, in the fourth quarter of 2025, an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of two new liquefied natural gas (LNG) carriers.The LNG carriers will be built by the shipyard Hyundai Samho Heavy Industries (HSHI)…
https://www.marinelink.com/news/gtt-gets-hd-ksoes-tank-design-task-two-533128
https://www.marinelink.com/news/gtt-gets-hd-ksoes-tank-design-task-two-533128The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, extended its upward trend into a 15th straight day on Wednesday, soaring 9.4% to a new peak since December 2023 at 2,845 points. The index also recorded its strongest daily rise since October 13. The capesize index, which typically transports 150,000-ton ...
https://www.hellenicshippingnews.com/baltic-dry-index-rally-continues/
https://www.hellenicshippingnews.com/baltic-dry-index-rally-continues/Iron ore futures settled slightly lower on Wednesday amid weakening demand signals, while traders awaited upcoming economic meetings in China for guidance on potentially supportive growth targets. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) was 0.19% lower at 799.5 yuan ($113.19) a metric ton. The benchmark January iron ore (SZZFF6) ...
https://www.hellenicshippingnews.com/iron-ore-eases-amid-policy-meeting-watch-and-softer-fundamentals/Shipments of U.S. crops to China are accelerating after a tense tariff war had stalled trade for months, with at least six bulk cargo vessels scheduled to load with soybeans at Gulf Coast terminals through mid-December, according to a shipping schedule seen by Reuters on Tuesday. A seventh U.S. soybean cargo was loaded over the ...
https://www.hellenicshippingnews.com/more-us-soybean-shipments-to-china-due-to-load-through-mid-december/