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Malaysia has introduced new regulations to combat illegal ship-to-ship (STS) oil transfers in its territorial waters, a move that could disrupt operations of the so-called shadow tanker fleet moving sanctioned oil to China. Under the new rules, vessels caught conducting unauthorised STS operations will face immediate detention, with the release process expected to take weeks. …
https://splash247.com/malaysia-cracks-down-on-illegal-ship-to-ship-transfers/
https://splash247.com/malaysia-cracks-down-on-illegal-ship-to-ship-transfers/The outlook for the second half of 2025 in the global container shipping market is shaping up to be a disappointing one, with weak demand, overcapacity, and trade policy turbulence leading liners to rethink their full-year financial outlook. Today saw Japan’s Ocean Network Express revise downwards its projections for the full fiscal year, other lines …
https://splash247.com/unexciting-container-market-sees-liner-cfos-adjusting-full-year-forecasts/
https://splash247.com/unexciting-container-market-sees-liner-cfos-adjusting-full-year-forecasts/Communities in Panama that would have to relocate under the Panama Canal's plan to build a $1.6 billion reservoir filed a Supreme Court challenge on Thursday, saying the project intended to enable more vessel transits is unconstitutional.Some 2…
https://www.marinelink.com/news/panama-communities-challenge-canal-528566
https://www.marinelink.com/news/panama-communities-challenge-canal-528566Geoffrey Hinton, the godfather of AI, has compared developing AI agents to owning a pet tiger.Speaking this week at the World AI Conference (WAIC 2025) in Shanghai, Yicai Global reported him saying: "Our current situation is like someone keeping a tiger as a pet.
https://www.marinelink.com/news/ai-agents-owning-a-pet-tiger-528568
https://www.marinelink.com/news/ai-agents-owning-a-pet-tiger-528568France’s Nexans has partnered with US-based Crowley Wind Services to develop and operate the first Jones Act-compliant cable lay barge, tailored for offshore wind, telecom, and subsea industrial cabling. The 300-foot barge, built in Louisiana and tested in the Gulf of Mexico to Nexans’ specifications, will be operated by an American crew. It’s currently working …
https://splash247.com/nexans-and-crowley-team-up-for-first-jones-act-cable-lay-barge/
https://splash247.com/nexans-and-crowley-team-up-for-first-jones-act-cable-lay-barge/Greek containership owner Costamare is the latest liner player to return to the newbuilding market, revealing an order for four 3,100 teu vessels from an undisclosed Chinese shipyard. The New York-listed company said in its second-quarter earnings that the newbuilds will deliver between the second and fourth quarters of 2027, and each vessel will go …
https://splash247.com/costamare-reveals-four-ship-newbuild-play-in-china/
https://splash247.com/costamare-reveals-four-ship-newbuild-play-in-china/d’Amico International Shipping S.A., an international operator in the product tanker sector, announced its financial results for Q2 and H1 2025. Despite market normalization following last year’s record highs, DIS achieved solid profitability…
https://www.marinelink.com/news/damico-international-shipping-shares-h-q-528544
https://www.marinelink.com/news/damico-international-shipping-shares-h-q-528544Huntington Ingalls Industries, America’s largest military shipbuilder and a global defense technology provider, announced its second-quarter 2025 financial results, highlighting robust cash generation, strategic progress in AI-driven shipbuilding…
https://www.marinelink.com/news/hii-reports-q-results-528548
https://www.marinelink.com/news/hii-reports-q-results-528548South Korea's shipbuilding industry played "the most important role" in securing an agreement with the U.S. on tariffs, an analyst said on Thursday (July 31).President Donald Trump said on Wednesday (July 30) the U.S. will charge a 15% tariff on imports from South Korea…
https://www.marinelink.com/news/shipbuilding-played-important-role-tariff-528551
https://www.marinelink.com/news/shipbuilding-played-important-role-tariff-528551The “Viking Mira," a new cruise ship under construction for Viking, was launched at the Ancona shipyard. The ship is scheduled to debut in spring 2026, offering itineraries in the Mediterranean and Northern Europe.The ceremony, which marks the ship’s transition to the final outfitting phase…
https://www.marinelink.com/news/fincantieri-launches-viking-mira-cruise-528555
https://www.marinelink.com/news/fincantieri-launches-viking-mira-cruise-528555