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Babcock International Group and HII signed a memorandum of understanding to bring together HII’s REMUS unmanned underwater vehicles (UUVs) and Babcock’s submarine Weapon Handling and Launch Systems (WHLS). The goal of the collaboration is to…
https://www.marinelink.com/news/hii-babcock-integrate-uuvs-submarine-529916
https://www.marinelink.com/news/hii-babcock-integrate-uuvs-submarine-529916India agreed on Thursday to provide about $680 million in economic assistance to Mauritius for healthcare, infrastructure and maritime security projects, as New Delhi pushes for greater influence in the Indian Ocean nation in competition with China.The assistance…
https://www.marinelink.com/news/india-pledges-m-economic-assistance-529917
https://www.marinelink.com/news/india-pledges-m-economic-assistance-529917The United States wants to expand its energy ties with Greece, U.S. Interior Secretary Doug Burgum said during a visit to Athens on Thursday, as the Trump administration works to further reduce Russia's oil and gas supplies to Europe.Burgum…
https://www.marinelink.com/news/us-looks-expand-energy-ties-greece-529918
https://www.marinelink.com/news/us-looks-expand-energy-ties-greece-529918The Panama Canal has decided to introduce the first hybrid tugboats to its fleet, beginning with 10 vessels and the option to add an additional 10 in the coming years. The first two, the Isla Barro Colorado and the Isla Bastimentos, arrived…
https://www.marinelink.com/news/panama-canal-authority-introduces-hybrid-529921
https://www.marinelink.com/news/panama-canal-authority-introduces-hybrid-529921HII is partnering with shipyards and fabricators in multiple states to grow its throughput and meet the increased demand for ships by the U.S. Navy. With its customer’s support, HII is bringing the work to more companies and more jobs in more states, expanding capacity of the U.S.
https://www.marinelink.com/news/hii-establishes-partnerships-expand-529923
https://www.marinelink.com/news/hii-establishes-partnerships-expand-529923Prices of iron ore futures slipped on Thursday, as top consumer China’s accumulating steel stocks in the peak demand season weighed on sentiment. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) closed daytime trade 0.81% lower at 795.5 yuan ($111.69) a metric ton. The benchmark October iron ore on the Singapore ...
https://www.hellenicshippingnews.com/iron-ore-slides-as-elevated-china-steel-stocks-weigh/
https://www.hellenicshippingnews.com/iron-ore-slides-as-elevated-china-steel-stocks-weigh/Iron ore shipments to China surprisingly strengthened in August, seemingly driven by the drop in iron ore prices and preparations from Chinese mills for a traditional summer pickup. Brazilian exports, in particular, stood out: shipments increased by 7% month- over-month, exceeding August 2024 levels by roughly 3 million tons, marking the highest monthly total for ...
https://www.hellenicshippingnews.com/iron-ore-shipments-to-china-are-gaining-stronger-momentum/
https://www.hellenicshippingnews.com/iron-ore-shipments-to-china-are-gaining-stronger-momentum/The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell on Thursday due to weak capesize rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 1 point, or 0.1%, to 2,111 points. The capesize index lost 30 points, or 1%, ...
https://www.hellenicshippingnews.com/baltic-index-slips-on-low-capesize-rates/
https://www.hellenicshippingnews.com/baltic-index-slips-on-low-capesize-rates/Taiwan will begin enforcing a new shipowner liability insurance review system from October 15, the Maritime and Port Administration (MPA) confirmed this week, marking the latest in a string of measures aimed at tightening control of questionable vessels entering its ports. From next month, all ships calling at Taiwan’s commercial ports must show proof of …
https://splash247.com/taiwan-tightens-pi-checks/
https://splash247.com/taiwan-tightens-pi-checks/US-based marine firm Curtin Maritime has invested $160m for eight hybrid-electric ship assist tugboats. The tugs will be built by the Snow & Co shipyard and will be equipped with Arc’s vertically integrated electric powertrains, delivering over 4,000 bhp and backed by a 6MWh battery buffer. According to Arc, the project marks the largest commercial …
https://splash247.com/curtin-maritime-orders-eight-hybrid-electric-tugboats/
https://splash247.com/curtin-maritime-orders-eight-hybrid-electric-tugboats/