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French high-tech industrial group Exail Technologies on Wednesday reported a 52% rise in second-quarter sales, as geopolitical tensions fuel military spending in Europe.The underwater drone maker reported quarterly revenue of 126 million euros ($148 million), boosted by programmes to counter mines a
https://www.marinelink.com/news/exail-reports-rise-q-sales-528253
https://www.marinelink.com/news/exail-reports-rise-q-sales-528253Saipem achieved a semester of further growth, confirming the constant progression in operating and financial performance over the last three years which enabled, in the month of May, the distribution of the largest dividend in the company's history.Revenue stood at USD$8.47 billion (€7.2 billion)…
https://www.marinelink.com/news/saipem-shares-financial-results-first-528254
https://www.marinelink.com/news/saipem-shares-financial-results-first-528254Blair Garcia, a longtime leader in the maritime industry, has joined HDR as the global maritime director. He will build on the firm’s strong foundation of maritime and coastal engineers, scientists and experts, while adding new services and…
https://www.marinelink.com/news/hdr-announces-new-global-maritime-528256
https://www.marinelink.com/news/hdr-announces-new-global-maritime-528256Coking coal futures’ prices in China soared on Wednesday as a government inspection on coal mine production sparked concerns of supply disruptions. The most active coking coal contract on the Dalian Commodity Exchange closed daytime trade 11% higher, hitting the upper limit for a third straight session and also touching its highest since February 21. ...
https://www.hellenicshippingnews.com/coking-coal-hits-five-month-high-on-government-mine-inspections/“We forecast that bulker deliveries will gradually increase this year and in 2026, reaching 41.2m Deadweight Tonnes (DWT) and a six-year high. Bulker newbuilding contracting was strong in 2023 and 2024, and several of the ships ordered during this period are expected to be delivered during this and next year,” says Filipe Gouveia, Shipping Analysis Manager ...
https://www.hellenicshippingnews.com/bulker-deliveries-could-reach-six-year-high-in-2026/
https://www.hellenicshippingnews.com/bulker-deliveries-could-reach-six-year-high-in-2026/The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, firmed on Wednesday to its highest level in more than a year, steered by strong gains in capesize rates. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, rose 85 points, or 4.2%, to 2,120 ...
https://www.hellenicshippingnews.com/strong-capesize-demand-lifts-baltic-dry-bulk-index-to-over-1-year-peak/Chinese dry bulk player Jinhui Shipping and Transportation has agreed to sell another supramax bulker, marking its fourth vessel sale of the year. The Oslo- and Hong Kong-listed company is divesting the 2009-built 65,900 dwt Jin Ji to Hong Kong-incorporated Huwell Tanker Spring for $11m. Jinhui said the deal is expected to close by the …
https://splash247.com/jinhui-continues-fleet-trim-with-another-supramax-sale/
https://splash247.com/jinhui-continues-fleet-trim-with-another-supramax-sale/Houston-based designer of mobile offshore drilling units Friede & Goldman (F&G) has signed an engineering agreement with Peak Ocean Offshore, a specialist in offshore asset conversion and lifecycle optimization, for the design and engineering…
https://www.marinelink.com/news/friede-goldman-hires-contractor-semisub-528228
https://www.marinelink.com/news/friede-goldman-hires-contractor-semisub-528228PACC Offshore Services Holdings (POSH), an offshore marine solutions provider, has expanded its towage and installation fleet with the addition of a new anchor handling towing (AHT) vessel, POSH Courage.This fleet enhancement strengthens POSH’s capacity to undertake larger or multiple towages…
https://www.marinelink.com/news/posh-welcomes-ahts-vessel-fleet-528231
https://www.marinelink.com/news/posh-welcomes-ahts-vessel-fleet-528231TotalEnergies and CMA CGM Group have entered into an agreement to develop a 50/50 logistics joint venture dedicated to the implementation and operation of a liquefied natural gas (LNG) bunker supply solution at the port of Rotterdam, in the…
https://www.marinelink.com/news/totalenergies-cma-cgm-form-lng-bunkering-528233
https://www.marinelink.com/news/totalenergies-cma-cgm-form-lng-bunkering-528233