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HD Hyundai has signed a strategic partnership with the Tamil Nadu state government regarding the establishment of a new shipyard in India.The Indian government is strategically pursuing the "Maritime Amrit Kaal Vision 2047" to become one of the world's top five shipbuilding and shipping nations.
https://www.marinelink.com/news/hd-hyundai-signs-mou-indian-shipyard-533258
https://www.marinelink.com/news/hd-hyundai-signs-mou-indian-shipyard-533258Brazil's Federal Audit Court (TCU) on Monday voted six to three to recommend that operators of existing container terminals at the Santos port be barred from participating in the first phase of bidding for a planned mega terminal, citing concerns over market concentration.The decision deals a blow t
https://www.marinelink.com/news/brazil-court-recommends-auction-santos-533259
https://www.marinelink.com/news/brazil-court-recommends-auction-santos-533259Washington State Ferries (WSF) reports that an initial inspection after the 58-year-old Kaleetan was removed from service on Friday has confirmed significant engine damage to one of the engine cylinders.The vessel will remain unavailable for service during this week and possibly the following two.
https://www.marinelink.com/news/washington-state-ferry-suffers-engine-533260
https://www.marinelink.com/news/washington-state-ferry-suffers-engine-533260Washington Governor Bob Ferguson selected the $714.5 million bid from Florida-based Eastern Shipbuilding Group to build three new Washington State Ferries (WSF) vessels earlier this year, and the project is advancing with new contract awards.The…
https://www.marinelink.com/news/washington-state-ferries-advances-ferry-533261
https://www.marinelink.com/news/washington-state-ferries-advances-ferry-533261Iron ore futures slipped on Monday, as sagging demand in top consumer China, along with increasing equipment maintenance and the lack of new stimulus measures from the country’s top decision-making body, weighed on sentiment. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! closed daytime trade 1.14% lower at 778.5 yuan ...
https://www.hellenicshippingnews.com/iron-ore-slips-as-sagging-china-demand-weighs/
https://www.hellenicshippingnews.com/iron-ore-slips-as-sagging-china-demand-weighs/China’s iron ore imports in November fell for a second consecutive month, by 0.7% from the prior month, as buying appetite receded after several mills started equipment maintenance amid thinning profit margins. China brought in 110.54 million metric tons of the key steelmaking ingredient last month, data from the General Administration of Customs showed on ...
https://www.hellenicshippingnews.com/chinas-iron-ore-imports-ease-in-november-on-thinning-margins/
https://www.hellenicshippingnews.com/chinas-iron-ore-imports-ease-in-november-on-thinning-margins/As international diplomatic efforts around the Russia–Ukraine conflict continue, we are closely monitoring the year-over-year changes in Russian grain shipment volumes. EGYPT| Top Destination for Russian Wheat Egypt’s near-doubling of Russian wheat imports in November is consistent with the country’s renewed buying spree, as state buyer Mostakbal Misr secured roughly 500,000 tonnes of Black Sea ...
https://www.hellenicshippingnews.com/weekly-dry-market-monitor-rising-atlantic-ballasters-gladstone-congestion-highs-and-russian-grain-flows/The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, extended losses on Monday, weighed down by weaker rates across all vessel segments. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, fell for its third straight session, losing 33 points, or 1.2%, ...
https://www.hellenicshippingnews.com/baltic-index-extends-losses-on-weaker-rates-across-all-segments/Integrated Wind Solutions (IWS), through its subsidiary IWS Fleet, has secured additional charter commitments for its Skywalker-class commissioning service operation vessels (CSOVs), closing gaps in its near-term schedule and expanding its multi…
https://www.marinelink.com/news/iws-fleet-fills-charter-gaps-secures-new-533224
https://www.marinelink.com/news/iws-fleet-fills-charter-gaps-secures-new-533224Belgium’s Jan De Nul is commissioning what it calls its most advanced offshore wind installation simulator, a digital twin of its vessels Les Alizés and Voltaire designed to train crews to install the latest generation of giant wind turbines and foundations at sea.The crane simulator…
https://www.marinelink.com/news/jan-de-nul-unveils-advanced-wind-farm-533226
https://www.marinelink.com/news/jan-de-nul-unveils-advanced-wind-farm-533226