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The U.S. Navy on Monday accepted delivery of the future USS Nantucket (LCS 27) from the Fincantieri Marinette Marine shipyard in Marinette, Wis.Delivery of the latest Freedom-variant Littoral Combat Ship (LCS) follows the successful completion of Acceptance Trials in December 2023.
https://www.marinelink.com/news/us-navy-takes-delivery-uss-nantucket-515562
https://www.marinelink.com/news/us-navy-takes-delivery-uss-nantucket-515562The Panama Canal expects to increase the number of daily transit slots for vessels to 36 from the current 34 beginning in September, the canal's deputy administrator said, as rains allow authorities to ease drought-imposed restrictions.Panama experienced its third-driest year on record in 2023…
https://www.marinelink.com/news/panama-canal-increase-transit-slots-515563
https://www.marinelink.com/news/panama-canal-increase-transit-slots-515563A 2022 fire aboard the Staten Island Ferry Sandy Ground was caused by a combination of engine design flaws and insufficient training for engineering crewmembers, the National Transportation Safety Board (NTSB) revealed on Tuesday.The incident occurred on December 22…
https://www.marinelink.com/news/fire-staten-island-ferry-caused-design-515564
https://www.marinelink.com/news/fire-staten-island-ferry-caused-design-515564The Navy’s Maritime Expeditionary Security Force (MESF) operates ashore, at sea and in the waters of harbors, rivers, bays and across the littorals to conduct maritime security operations across all phases of military operations by providing…
https://www.marinelink.com/news/inside-usns-maritime-expeditionary-515565
https://www.marinelink.com/news/inside-usns-maritime-expeditionary-515565Iron ore futures retreated further on Tuesday as the outcome of China’s key Politburo meeting and the strong global supply outlook both weighed. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended daytime trade 2.77% lower at 756 yuan ($104.14) a metric ton. The benchmark August iron ore on the Singapore ...
https://www.hellenicshippingnews.com/iron-ore-retreats-further-as-key-china-economic-meeting-strong-global-supply-weigh/Safe Bulkers, Inc. an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and six month periods ended June 30, 2024. The Board of Directors of the Company also declared a cash dividend of $0.05 per share of outstanding common stock. Management Commentary Dr. Loukas Barmparis, President of ...
https://www.hellenicshippingnews.com/safe-bulkers-inc-reports-second-quarter-2024-results-and-declares-dividend-on-common-stock/The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, slipped to its lowest level in three months on Tuesday, weighed down by lower rates across all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 35 points, or 2%, to ...
https://www.hellenicshippingnews.com/baltic-index-drops-to-a-three-month-low-on-lower-vessel-rates/
https://www.hellenicshippingnews.com/baltic-index-drops-to-a-three-month-low-on-lower-vessel-rates/The capesize business is experiencing some of the greatest shifts in global trades in the 2020s among all shipping segments. As well as the growth of West Africa exports of bauxite – and soon to be iron ore – to China, cape owners are having to contend with the growth of Mongolian and Russian exports …
https://splash247.com/cape-owners-contend-with-soaring-mongolian-coal-shipments-by-rail-to-china/
https://splash247.com/cape-owners-contend-with-soaring-mongolian-coal-shipments-by-rail-to-china/Dubai-based jackup rig player Shelf Drilling has sold one of its units after the completion of its contract in West Africa. The Oslo-listed firm with a fleet of 36 jackups said in a filing the 1983-built and 2015-upgraded Baltic has gone to an undisclosed buyer for $60m. The rig, which has been under contract in …
https://splash247.com/shelf-drilling-offloads-jackup-rig-for-60m/
https://splash247.com/shelf-drilling-offloads-jackup-rig-for-60m/Taiwan’s Wisdom Marine has cashed in on one of its handysize bulk carriers as it makes room for fresh tonnage. The Taipei-based bulker giant, led by shipping magnate Lan Chun Sheng (James Lan), is offloading the 2015-built Bunun Glory in a deal with Turkish owner Manta Denizcilik. The sale, which is the company’s second recorded …
https://splash247.com/wisdom-marine-cashes-in-on-handy-bulker-sale-in-deal-with-turkish-owner/
https://splash247.com/wisdom-marine-cashes-in-on-handy-bulker-sale-in-deal-with-turkish-owner/