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Ports of Indiana has opened its first international trade office in Ireland to grow cargo shipments and support the launch of a direct Europe-Indiana container service. Maritime trade veteran, Brian Dooley, will lead the new European Trade Office…
https://www.marinelink.com/news/ports-indiana-opens-ireland-trade-office-537062
https://www.marinelink.com/news/ports-indiana-opens-ireland-trade-office-537062The International Maritime Pilots’ Association (IMPA) is calling attention to the consequences of deregulation and competition in maritime pilotage:Maritime pilotage is a public, not commercial, service that exists for the safety of navigation — protecting people…
https://www.marinelink.com/news/impa-makes-case-against-competition-537064
https://www.marinelink.com/news/impa-makes-case-against-competition-537064lomarlabs has entered a collaboration with Blaze Energy to pilot a third-generation, compact, engine-integrated fuel reformer designed to accelerate the practical adoption of alternative fuels in commercial shipping.The collaboration will culminate in a pilot installation onboard a Lomar vessel…
https://www.marinelink.com/news/onboard-fuel-reforming-system-pilot-537065
https://www.marinelink.com/news/onboard-fuel-reforming-system-pilot-537065Nasdaq-listed tanker owner Performance Shipping has secured a sale and leaseback deal for its LR1 newbuilding currently under construction in China. Under the agreement, the vessel being built at Jiangsu New Yangzi Shipbuilding for delivery in early 2027 will be sold to an unaffiliated third party and chartered back to the company on a bareboat …
https://splash247.com/performance-shipping-seals-sale-and-leaseback-for-lr1-newbuild/
https://splash247.com/performance-shipping-seals-sale-and-leaseback-for-lr1-newbuild/New York-listed suezmax specialist Nordic American Tankers (NAT) has sealed a deal to sell a 2005-built vessel for about $40m, continuing its steady disposal of older tonnage. The Herbjørn Hansson-led company did not disclose the identity of the vessel or the buyer. The latest deal follows a string of sales aimed at rejuvenating the fleet. …
https://splash247.com/nordic-american-tankers-sells-vintage-suezmax-for-40m/
https://splash247.com/nordic-american-tankers-sells-vintage-suezmax-for-40m/Swedish tanker owner Stena Bulk will see a change at the top later this year, with long-serving chief executive Erik Hånell set to step down in December. Hånell, who has led the company for 14 years and spent a total of 27 years within the wider Stena group, will remain on the company’s board following …
https://splash247.com/stena-bulk-ceo-erik-hanell-to-step-down-after-14-years/
https://splash247.com/stena-bulk-ceo-erik-hanell-to-step-down-after-14-years/Greek boxship Euroseas has moved into the high-reefer segment with an order for two 2,800 teu newbuilds at Huanghai Shipbuilding in China. The vessels, designed for trades with high refrigerated cargo demand, will each be fitted with more than 1,000 reefer plugs, with delivery set for June and August 2028. The Nasdaq-listed tonnage provider said …
https://splash247.com/euroseas-books-high-reefer-boxship-newbuilds-in-china/
https://splash247.com/euroseas-books-high-reefer-boxship-newbuilds-in-china/Oil tankers are crossing the Strait of Hormuz and Iran's actions to choke traffic through the shipping route have not hurt the U.S. economy, White House economic adviser Kevin Hassett told CNBC on Tuesday, reiterating the Trump administration's position that the war should be over in weeks…
https://www.marinelink.com/news/oil-tankers-trickle-strait-hormuz-us-537050
https://www.marinelink.com/news/oil-tankers-trickle-strait-hormuz-us-537050Most western oil and gas majors have significant operations in the Middle East, where the U.S.-Israeli war on Iran has disrupted oil and gas shipping and halted some output.France's TotalEnergies, which has the biggest upstream exposure to the region compared with its global output…
https://www.marinelink.com/news/oil-production-impacts-middle-east-537051
https://www.marinelink.com/news/oil-production-impacts-middle-east-537051Cuba has reconnected its electrical grid across much of the island, the Energy and Mines Ministry said early on Tuesday, just hours after U.S. President Donald Trump escalated his rhetoric against the communist-run island, saying he could do…
https://www.marinelink.com/news/cuba-reconnects-electrical-grid-millions-537052
https://www.marinelink.com/news/cuba-reconnects-electrical-grid-millions-537052