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Gulf Arab states did not ask the U.S. to go to war with Iran, but many are now urging it not to stop short by leaving the Islamic Republic still able to threaten the Gulf’s oil lifeline and the economies that depend on it, three Gulf sources told Reuters.At the same time…
https://www.marinelink.com/news/gulf-states-press-us-neutralize-iran-537027
https://www.marinelink.com/news/gulf-states-press-us-neutralize-iran-537027Seadrill has announced that Sonadrill Holding, its 50:50 joint venture with an affiliate of Sonangol E.P., has been awarded a contract extension.A seven-well priced option for the ultra-deepwater drillship Sonangol Quenguela has been exercised…
https://www.marinelink.com/news/seadrill-awarded-contract-extension-537030
https://www.marinelink.com/news/seadrill-awarded-contract-extension-537030As oil started to climb, freight followed suit, continuing to feed the already rising global inflation picture, while the U.S. Dollar wore the crown jewel of the week, rising notably against all of the major international ship recycling markets, says cash buyer GMS.
https://www.marinelink.com/news/volatility-challenges-ship-recyclers-537031
https://www.marinelink.com/news/volatility-challenges-ship-recyclers-537031San Diego State University announced a partnership with Samsung Heavy Industries (SHI), a global leader in shipbuilding and offshore engineering, during a memorandum of understanding signing ceremony held on the university’s campus March 12.The…
https://www.marinelink.com/news/sdsu-samsung-heavy-industries-announce-537032
https://www.marinelink.com/news/sdsu-samsung-heavy-industries-announce-537032An ATSB preliminary investigation report details the circumstances leading up to the brief grounding of the Australian research vessel Nuyina off Heard Island, 4,000 km south-west of Perth, October 13 last year.The grounding occurred while Nuyina…
https://www.marinelink.com/news/atsb-releases-preliminary-report-nuyina-537033
https://www.marinelink.com/news/atsb-releases-preliminary-report-nuyina-537033The Philippines said on Monday it rejected Beijing's assertion of sovereignty over the entire South China Sea, disputing a claim by China's embassy that a Filipino diplomat had once conceded the disputed Scarborough Shoal was not part of Philippine…
https://www.marinelink.com/news/philippines-rejects-chinas-claim-537034
https://www.marinelink.com/news/philippines-rejects-chinas-claim-537034Sumitomo Corporation, Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and NYK Bulkship (Asia) have entered into a memorandum of understanding (MoU) to jointly conduct a Front-End Engineering Design (FEED) study and explore the ownership of a newbuild…
https://www.marinelink.com/news/japanese-consortium-plans-ammonia-537035
https://www.marinelink.com/news/japanese-consortium-plans-ammonia-537035South Korea’s flagship liner operator HMM has been linked to a new feeder containership order at HD Hyundai Heavy Industries. Shipbroking sources say the carrier is behind a contract disclosed by HD Korea Shipbuilding & Offshore Engineering covering 10 container vessels worth KRW823.7bn ($553m). The ships are understood to be 2,800 teu feeder containerships priced …
https://splash247.com/hd-hyundai-lands-550m-boxship-order-tied-to-hmm/
https://splash247.com/hd-hyundai-lands-550m-boxship-order-tied-to-hmm/U.S. President Donald Trump called on allies over the weekend to help secure the Strait of Hormuz as Iranian forces continue attacks on the vital waterway amid the U.S.-Israeli war on Iran, now in its third week.Trump said his administration has already contacted seven countries…
https://www.marinelink.com/news/countries-respond-trump-calls-global-537011
https://www.marinelink.com/news/countries-respond-trump-calls-global-537011Abu Dhabi state oil giant ADNOC has suspended crude loading operations at the United Arab Emirates port of Fujairah, a source familiar with the situation told Reuters on Monday, after a drone attack triggered fires at the key export terminal.Some loading at the hub restarted, two other sources said.
https://www.marinelink.com/news/adnoc-suspends-crude-loading-fujairah-537014
https://www.marinelink.com/news/adnoc-suspends-crude-loading-fujairah-537014