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Here’s some good news for America’s sea power. While the U.S. Navy has initiated another review of its 30-year shipbuilding plan in the face of widespread dissatisfaction, one element within that plan has been praised: the decision to provide…
https://www.marinelink.com/news/unexpected-welcome-us-navys-amphibious-512933
https://www.marinelink.com/news/unexpected-welcome-us-navys-amphibious-512933HII’s Ingalls Shipbuilding division has delivered the amphibious transport dock Richard M. McCool Jr. (LPD 29) to the U.S. Navy.Richard M. McCool Jr. is the 13th San Antonio-class ship delivered by Ingalls and is the final Flight I transition…
https://www.marinelink.com/news/ingalls-delivers-lpd-us-navy-512934
https://www.marinelink.com/news/ingalls-delivers-lpd-us-navy-512934The global cruise industry reported record passenger volumes in 2023 as the sector continues its rebound following the lows of the COVID-19 pandemic.Cruise ships carried 31.7 million passengers in 2023, up 7% from previous highs recorded in 2019…
https://www.marinelink.com/news/cruise-industry-reports-record-passenger-512935
https://www.marinelink.com/news/cruise-industry-reports-record-passenger-512935A fabricated image of characters from the animated television series The Simpsons viewing a collapsed bridge and a large ship has been widely shared on social media with the false suggestion that the show predicted the collapse of Baltimore’s…
https://www.marinelink.com/news/fact-check-simpsons-not-predict-baltimore-512938
https://www.marinelink.com/news/fact-check-simpsons-not-predict-baltimore-512938Iron ore futures extended gains on Friday and were on track for a weekly gain, thanks to a brighter demand outlook in top consumer China and improved fundamentals in the near term. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 3.12% higher at 843.5 yuan ($116.57) a metric ...
https://www.hellenicshippingnews.com/iron-ore-set-for-weekly-gain-on-improving-china-demand-outlook/
https://www.hellenicshippingnews.com/iron-ore-set-for-weekly-gain-on-improving-china-demand-outlook/Australia has gone from a leader of the pack in commodity exports to a laggard, as prices of resources more dependent on China struggle to build momentum. China is the world’s biggest importer of crude oil, iron ore, coal, liquefied natural gas (LNG), copper and lithium, among other more minor commodities. Australia is the world’s ...
https://www.hellenicshippingnews.com/not-even-china-can-help-australias-commodity-exports/
https://www.hellenicshippingnews.com/not-even-china-can-help-australias-commodity-exports/China’s iron ore imports in March rose about 0.5% from a year earlier, customs data showed on Friday, amid expectations that demand will pick up after the Lunar New Year holiday break as steelmakers typically ramp up production. The world’s largest iron ore consumer brought in 100.72 million metric tons of the key steelmaking ingredient ...
https://www.hellenicshippingnews.com/china-march-iron-ore-imports-edge-up-steel-exports-near-8-year-high/The Baltic Exchange’s dry bulk sea freight index surged to a more than two-week high on Friday, capping off a strong week with rising rates across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose by 39 points, or 2.3%, to 1,729 points, it highest level ...
https://www.hellenicshippingnews.com/baltic-index-logs-weekly-gain-on-strong-vessel-rates-2/
https://www.hellenicshippingnews.com/baltic-index-logs-weekly-gain-on-strong-vessel-rates-2/Japan’s largest utility JERA has decided to implement truck-to-ship bunkering of ammonia to an ammonia-fuelled tugboat owned by NYK Line. JERA has concluded a joint study agreement with NYK and Resonac aimed at achieving the world’s first bunkering of ammonia to ships. The Japanese company has now opted to supply ammonia to the A-Tug by …
https://splash247.com/jera-to-perform-first-ever-truck-to-ship-bunkering-of-fuel-ammonia/
https://splash247.com/jera-to-perform-first-ever-truck-to-ship-bunkering-of-fuel-ammonia/Acronym-heavy shipping needs to get used to a rising four-letter vessel type. VLACs are being tipped to overhaul VLGCs in a changing of the guard in the gas trades. The global trade of ammonia is increasing every year with a rise in trade projected until at least the middle of the century. With ammonia becoming …
https://splash247.com/the-rise-of-the-seaborne-ammonia-trades-2/
https://splash247.com/the-rise-of-the-seaborne-ammonia-trades-2/