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The U.S. Coast Guard on Sunday located four Russian Federation Navy (RFN) vessels 57 miles northwest of Point Hope, Alaska. While on a routine patrol in the Chukchi Sea, the crew of U.S. Coast Guard Cutter Stratton (WMSL 752) observed the RFN…
https://www.marinelink.com/news/us-coast-guard-spots-russian-naval-517140
https://www.marinelink.com/news/us-coast-guard-spots-russian-naval-517140Canadian shipbuilder Davie announced it has appointed Maxie Lafleur as president, bringing in a business executive from outside the shipbuilding sector to help drive growth.A Montréal native, Lafleur brings a wealth of experience in digital transformation…
https://www.marinelink.com/news/canadian-shipbuilder-davie-names-maxie-517144
https://www.marinelink.com/news/canadian-shipbuilder-davie-names-maxie-517144Theodore, Ala. boatbuilder Silver Ships announced it recently expanded to a second location to maximize the efficiency of its boat manufacturing process.Silver Ships, which produces aluminum workboats for military, federal, state and municipal governments as well as commercial applications…
https://www.marinelink.com/news/silver-ships-opens-second-manufacturing-517146
https://www.marinelink.com/news/silver-ships-opens-second-manufacturing-517146ABS and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) signed a memorandum of understanding (MOU) to advance the development and certification of innovative systems for next-generation, zero-carbon ships.Entitled “Cooperation on the Advanced Zero-Carbon Ships…
https://www.marinelink.com/news/abs-hd-ksoe-partner-advance-zerocarbon-517149
https://www.marinelink.com/news/abs-hd-ksoe-partner-advance-zerocarbon-517149San Francisco Bay Ferry has been awarded a $11 million grant from the U.S. Department of Transportation’s Federal Transit Administration (FTA) to support the agency’s plans to procure the nation’s first high-speed battery electric ferries.The…
https://www.marinelink.com/news/san-francisco-bay-ferry-awarded-million-517156
https://www.marinelink.com/news/san-francisco-bay-ferry-awarded-million-517156A Greek appeals court on Friday reduced the prison sentences of 11 men involved in trafficking 1.2 metric tons of cocaine from the Caribbean into Europe and Africa, in one of the biggest drug busts in Greece's history.Greek police said in 2020…
https://www.marinelink.com/news/greek-court-cuts-prison-sentences-517159
https://www.marinelink.com/news/greek-court-cuts-prison-sentences-517159Austal USA has been awarded a $450 million contract by General Dynamics Electric Boat to expand production capacity at its Mobile, Ala. shipyard in support of the U.S. Navy submarine industrial base (SIB).In 2022, Austal USA and Electric Boat, supported by the U.S.
https://www.marinelink.com/news/austal-usa-awarded-million-boost-capacity-517161
https://www.marinelink.com/news/austal-usa-awarded-million-boost-capacity-517161China’s steel and iron ore sectors are in an apparent state of disconnect, with steel output trending weaker but imports of the key raw material remaining firm. Production of crude steel slumped 6.1% in August from July, dropping to 77.92 million metric tons, according to data released by the National Bureau of Statistics on Saturday. ...
https://www.hellenicshippingnews.com/chinas-weak-steel-strong-iron-ore-imports-shaped-by-prices/
https://www.hellenicshippingnews.com/chinas-weak-steel-strong-iron-ore-imports-shaped-by-prices/The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a second straight session on Tuesday as gains in the panamax segment offset losses in capesize vessels. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 5 points, or 0.3%, to ...
https://www.hellenicshippingnews.com/baltic-index-extends-gain-on-panamax-strength/
https://www.hellenicshippingnews.com/baltic-index-extends-gain-on-panamax-strength/Italian shipping magnate Emanuele Grimaldi has lifted his shareholding in the Norwegian car carrier player Höegh Autoliners. A filing to the Oslo Stock Exchange on Tuesday revealed Grimaldi owns about 10% of the Oslo-based company, strengthening his foothold as the second-largest shareholder in the operator of some 40 vessels, after the Höegh family. The head …
https://splash247.com/emanuele-grimaldi-strengthens-foothold-in-hoegh-autoliners/
https://splash247.com/emanuele-grimaldi-strengthens-foothold-in-hoegh-autoliners/