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Mitsui OSK Lines (MOL), Japan’s largest shipping company, has announced Jotaro Tamura is stepping up to become president and CEO come April 1 next year, replacing Takeshi Hashimoto who will take over the chairman’s office. “Amidst a rapidly changing business environment, it is essential to address a wide range of management challenges—such as defining strategic …
https://splash247.com/mol-names-new-president/
https://splash247.com/mol-names-new-president/The European Union has escalated its campaign against Russia’s shadow fleet, adding another 41 vessels to its sanctions list and taking the total number of designated ships to nearly 600, as Western powers intensify pressure on Moscow’s oil revenues. The latest EU move targets a mix of tankers accused of transporting Russian crude and petroleum …
https://splash247.com/eu-widens-shadow-fleet-net-as-uk-and-us-tighten-energy-sanctions/
https://splash247.com/eu-widens-shadow-fleet-net-as-uk-and-us-tighten-energy-sanctions/Venezuela has begun deploying naval escorts for vessels carrying oil byproducts as they depart its ports, underscoring a rapid escalation in maritime tensions following US president Donald Trump’s threat of a “total and complete” blockade of sanctioned oil tankers trading to and from the country. The escalation of attacks on commercial shipping in the wider …
https://splash247.com/splash-wrap-and-thats-a-wrap/
https://splash247.com/splash-wrap-and-thats-a-wrap/GTT has secured an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of a new liquefied natural gas (LNG) carrier.The LNG carrier will be built by the shipyard Hyundai Samho Heavy Industries (HSHI) on behalf…
https://www.marinelink.com/news/hd-ksoe-enlists-gtt-tank-design-new-lng-533732
https://www.marinelink.com/news/hd-ksoe-enlists-gtt-tank-design-new-lng-533732Splash’s editor gives readers his take on the world of shipping in the year 2025. At financial newswire Bloomberg, the official style guide has always shied away from using words such as but or if in sentences. “Clauses that start with although, but, despite or however often confuse more than clarify, because the words connect …
https://splash247.com/the-year-of-the-caveat/
https://splash247.com/the-year-of-the-caveat/Poland allocated 3.4 gigawatts (GW) of capacity in its first competitive offshore wind auction, the country's energy regulator URE said on Thursday, a boost for the renewable energy sector after setbacks in neighbouring markets.The auction was seen as a test of investor confidence in offshore wind…
https://www.marinelink.com/news/poland-allocates-gw-capacity-offshore-533708
https://www.marinelink.com/news/poland-allocates-gw-capacity-offshore-533708The United States imposed sanctions on Thursday on 29 vessels and their management firms as Washington targeted Tehran's "shadow fleet", which it says exports Iranian petroleum and petroleum products.The targeted vessels and companies have transported…
https://www.marinelink.com/news/us-imposes-sanctions-iranian-oil-shadow-533709
https://www.marinelink.com/news/us-imposes-sanctions-iranian-oil-shadow-533709Britain imposed sanctions on Thursday on more Russian oil companies and Canadian-Pakistani billionaire Murtaza Lakhani as part of efforts to ramp up pressure on Moscow over the war in Ukraine.The government targeted 24 individuals and entities…
https://www.marinelink.com/news/britain-imposes-sanctions-russias-energy-533710
https://www.marinelink.com/news/britain-imposes-sanctions-russias-energy-533710For the third consecutive year, SAAM Towage obtained the PAS 2060 international certification in Brazil, which certifies the carbon neutrality of its operations in that country.In addition to operational actions to reduce the intensity of Scope 1 and 2 emissions…
https://www.marinelink.com/news/saam-towage-certifies-brazil-operations-533713
https://www.marinelink.com/news/saam-towage-certifies-brazil-operations-533713The Federal Maritime Commission acknowledges the service of the members of the National Shipper Advisory Committee (NSAC). Since October 2021, NSAC’s members have provided information and perspectives on conditions in the ocean freight delivery system.
https://www.marinelink.com/news/federal-maritime-commission-recognizes-533716
https://www.marinelink.com/news/federal-maritime-commission-recognizes-533716