Stay informed with real-time maritime industry updates
Seatrade Maritime
A new study by Kongsberg Maritime reveals that deploying electric ferries in shortsea trades could result in lifetime savings of 8-15%, as reported by Seatrade Maritime. The study highlights the potential for significant operational cost reductions.
Splash247
Splash247 highlights the growing gap between the demand for qualified seafarers and the available workforce, as emphasized by Doğukan Şimşek of AVS Global Ship Supply. The article discusses how maritime education must adapt to bridge this disconnect, which poses a challenge to the global shipping industry.
Splash247
Adani Enterprises Limited has agreed to a $275 million settlement with the US Treasury Department over alleged violations of sanctions against Iran, as reported by Splash247. The Office of Foreign Assets Control noted that the settlement addresses 32 apparent violations related to Adani's liquefied petroleum gas purchases.
Seatrade Maritime
Hapag-Lloyd and CMA CGM have suspended their shipping services to Cuba due to new US sanctions, as reported by Seatrade Maritime. The container lines aim to avoid non-compliance with the regulations.
Splash247
Shearwater Geoservices has been awarded a contract for an ocean bottom node seismic acquisition project at the Jackdaw field in the UK North Sea, as reported by Splash247. The project, commissioned by Adura, a joint venture between Shell and Equinor, will span two months.
Seatrade Maritime
Wilson Sons is set to expand the Rio Grande Container Terminal in Brazil, extending the quay to 1,200 meters, with completion expected by 2030, as reported by Seatrade Maritime. This development aims to enhance the terminal's capacity and efficiency.
gCaptain
The U.S. Coast Guard's latest polar icebreaker has completed a 36-day mission in the Bering Sea, returning to Seattle as the U.S. bolsters its polar fleet, reports gCaptain. This deployment marks an early operational test for the cutter, which is anticipated to play a significant role in future Arctic operations.
gCaptain
European law enforcement agencies have dismantled a significant transatlantic drug trafficking route known as the 'Cocaine Highway,' seizing 11 tonnes of cocaine and 8.5 tonnes of hashish, as reported by gCaptain. The operation highlights the ongoing challenges in combating maritime drug smuggling.
gCaptain
The global oil trading system, heavily reliant on the U.S. dollar, is facing significant challenges due to the ongoing Iran conflict and the closure of the Strait of Hormuz, as reported by gCaptain. This situation has led major oil-consuming nations to engage in increasingly opaque deals with Tehran and Gulf producers to ensure their oil supplies.
gCaptain
Iran has initiated a Bitcoin-backed insurance service for its shipping companies transiting the Strait of Hormuz, as reported by the semi-official Fars news agency. This move, according to documents from Iran's Ministry of Economy and Financial Affairs, aims to support maritime operations in the region, gCaptain reports.
