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On May 15, the U.S. Army Corps of Engineers released its Fiscal Year (FY) 2025 Work Plan that allocated funds from the FY25 Full-Year Continuing Appropriations and Extensions Act. That bill provided funding for the Corps’ Civil Works mission…
https://www.marinelink.com/news/infrastructure-usace-funding-better-zero-526682
https://www.marinelink.com/news/infrastructure-usace-funding-better-zero-526682The fire fighting operation is ongoing onboard the Singapore-registered container vessel Wan Hai 503, off the coast of India, as search and rescue operation for the four missing crew continues.A fire broke out on Wan Hai Lines (Singapore) Pte…
https://www.marinelink.com/news/india-battle-put-container-ship-fire-526687
https://www.marinelink.com/news/india-battle-put-container-ship-fire-526687INTERCARGO, the International Association of Dry Cargo Shipowners, reports encouraging progress in bulk carrier safety, with vessel losses and fatalities continuing to decline over the last decade. However, serious security threats in 2024 demand…
https://www.marinelink.com/news/intercargo-bulk-carrier-casualty-report-526689
https://www.marinelink.com/news/intercargo-bulk-carrier-casualty-report-526689If anything can wreck the party for U.S. corn exporters, it’s Brazil. The U.S. Department of Agriculture has sky-high goals for U.S. corn exports in both the current and upcoming marketing years, but the overall potential may be confined by Brazil’s current harvest success. As of May 29, U.S. corn exporters had sold 99% of ...
https://www.hellenicshippingnews.com/bumper-brazilian-corn-crop-could-spoil-us-exporters-fun/
https://www.hellenicshippingnews.com/bumper-brazilian-corn-crop-could-spoil-us-exporters-fun/China, the world’s largest coal buyer, cut imports of the fuel by 18% year-on-year in May, customs data showed on Friday, as low-priced domestic coal chipped away at overseas purchases and renewables cut into coal-fired power generation. Imports for the month were 36.04 million metric tons, down from 43.82 million tons in May 2024, according ...
https://www.hellenicshippingnews.com/chinas-may-coal-imports-fall-18-hit-by-cheap-domestic-coal-renewables/The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Monday to hit a near seven-month peak, supported by firm demand for larger vessel segments. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, added 58 points, or 3.6%, at 1,691, its ...
https://www.hellenicshippingnews.com/baltic-index-scales-near-seven-month-peak/
https://www.hellenicshippingnews.com/baltic-index-scales-near-seven-month-peak/Saudi oil and gas driller ADES has won a new contract for one of its jackup rigs from Africa-focused oil and gas player Tower Resources. Tower Resources said that it issued a letter of award for one of ADES’s rigs, which, for now, is proposed to be the 2019-built Admarine 510. The rig will drill …
https://splash247.com/ades-jackup-gets-more-work-in-cameroon/
https://splash247.com/ades-jackup-gets-more-work-in-cameroon/Atlantic Shores Offshore Wind, a joint venture between Shell New Energies and EDF Renewables, has filed a request to cancel its wind project off the coast of Atlantic City, New Jersey. In the request, filed with the New Jersey Board of Public Utilities, the developer listed the Trump administration’s opposition to wind energy and the …
https://splash247.com/developer-requests-to-cancel-new-jersey-offshore-wind-project/
https://splash247.com/developer-requests-to-cancel-new-jersey-offshore-wind-project/Can improved connectivity onboard lead to more seafarers extending their time onboard before pursuing a career ashore? The second installment of Connectivity with Inmarsat, a special report contained within Ship Concept 2035, our new magazine. Shipping faces a shortage of qualified staff at sea, a problem that risks becoming more acute over the next 10 …
https://splash247.com/prolonging-a-career-at-sea/
https://splash247.com/prolonging-a-career-at-sea/After years of market instability, tight supply conditions, and volatile prices, the global natural gas market is entering a new phase—characterised by a significant wave of liquefied natural gas (LNG) supply growth, backed up by an extensive orderbook of gas carriers on order in China and South Korea. To support transparency during this shift, the …
https://splash247.com/iea-launches-lng-capacity-tracker/
https://splash247.com/iea-launches-lng-capacity-tracker/