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Inchcape Shipping Services (ISS) and Symmetry Group Inc. (SGI) have announced a strategic joint venture in Guyana, marking a significant milestone in the maritime and logistics sectors. This partnership aligns with Guyana's Local Content requirements…
https://www.marinelink.com/news/inchcape-shipping-services-symmetry-group-525468
https://www.marinelink.com/news/inchcape-shipping-services-symmetry-group-525468Uruguay's state-run energy firm Ancap plans to launch a bidding round for natural hydrogen exploration and development by the end of the year, with offers expected in 2026, executives said on Wednesday.Ancap is also exploring a bidding round for carbon capture investment, to be launched potentially
https://www.marinelink.com/news/uruguays-ancap-launch-bidding-natural-525470
https://www.marinelink.com/news/uruguays-ancap-launch-bidding-natural-525470The recovery of British tech tycoon Mike Lynch's superyacht from the waters of northern Sicily is expected to begin in the coming weeks to help shed light on how a supposedly unsinkable vessel disappeared into the sea last August.The 56-metre-long (184-foot) Bayesian…
https://www.marinelink.com/news/salvage-begin-italy-mike-lynchs-yacht-525471
https://www.marinelink.com/news/salvage-begin-italy-mike-lynchs-yacht-525471Furuno USA has announced their continued partnership with Saildrone, a global leader in autonomous ocean data collection and maritime surveillance, as they expand operations and develop the next-generation capabilities of their fleet of Unmanned Surface Vehicles (USVs).
https://www.marinelink.com/news/furunos-doppler-radars-guide-saildrones-525473
https://www.marinelink.com/news/furunos-doppler-radars-guide-saildrones-525473Iron ore futures rose on Wednesday to their highest levels in nearly two weeks, supported by China’s latest stimulus measures, although gains were capped by cautious sentiment around potential easing of U.S.-China trade tensions. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! closed daytime trade 0.35% higher at 708 yuan ...
https://www.hellenicshippingnews.com/iron-ore-touches-nearly-2-week-high-on-china-stimulus-sino-us-trade-talks/Between 2022 and 2024, US grain exports to Mexico have shown a significant upward trend, with Mexico’s share rising from 7.6% in 2022 to 9.3% in 2024, indicating a strong and growing demand from its southern neighbor. This 1.7 percentage point increase reflects deeper trade ties and potentially changing sourcing strategies amid ongoing global uncertainties. ...
https://www.hellenicshippingnews.com/dry-weekly-market-monitor-grain-dry-bulk-flows-u-s-a-to-mexico/
https://www.hellenicshippingnews.com/dry-weekly-market-monitor-grain-dry-bulk-flows-u-s-a-to-mexico/“Between January and April 2025, Brazilian grain shipments rose 9% y/y, supported by strong Chinese purchasing. As China imposed higher tariffs on cargoes from the US, the country sought alternative suppliers, such as Brazil,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO. The ramp-up in exports has been supported by a 9% increase in the ...
https://www.hellenicshippingnews.com/brazilian-grain-shipments-up-9-as-china-seeks-us-alternative/
https://www.hellenicshippingnews.com/brazilian-grain-shipments-up-9-as-china-seeks-us-alternative/The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell on Wednesday, as lower rates in the capesize segment overshadowed gains in the panamax and supramax segments. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, lost 32 points to 1,374. The ...
https://www.hellenicshippingnews.com/baltic-index-falls-as-capesize-segment-declines/
https://www.hellenicshippingnews.com/baltic-index-falls-as-capesize-segment-declines/UK consulting and engineering firm Wood has secured a trio of reimbursable contract extensions worth $118m for operations and maintenance solutions with Shell, Dana Petroleum, and CNOOC International. The extension with Shell UK will see Wood continue support operations on the Shearwater, Gannet, Nelson, and Penguins assets, while the CNOOC extension will see the UK …
https://splash247.com/wood-secures-extensions-with-three-north-sea-operators/
https://splash247.com/wood-secures-extensions-with-three-north-sea-operators/Norwegian car carrier player Wallenius Wilhelmsen has won a three-year shipping contract with an unnamed construction and mining equipment manufacturer. The contract is estimated to have a value of approximately $140m based on expected volumes over the three-year period. The company stated that the renewed agreement between the two began on May 1, 2025. The …
https://splash247.com/wallenius-wilhelmsen-bags-transport-deal-worth-140m/
https://splash247.com/wallenius-wilhelmsen-bags-transport-deal-worth-140m/