South Korea to Discuss Chinese Presence in Disputed Area
https://www.marinelink.com/news/south-korea-discuss-chinese-presence-524952
South Korea will raise China's construction of sea structures off the west coast of the Korean Peninsula in a dialogue with Beijing on Wednesday, Seoul's Foreign Minister said.China has built structures in a disputed area of the Yellow Sea, known in Seoul as the West Sea, causing South Korea to set
https://www.marinelink.com/news/south-korea-discuss-chinese-presence-524952
South Korea will raise China's construction of sea structures off the west coast of the Korean Peninsula in a dialogue with Beijing on Wednesday, Seoul's Foreign Minister said.China has built structures in a disputed area of the Yellow Sea, known in Seoul as the West Sea, causing South Korea to set
Daily Briefing 24 April 2025
https://www.lloydslist.com/LL1152010/Daily%20Briefing%2024%20April%202025?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss
IMO carbon price not a done deal industry warned | Revised US port fee plan leaves important questions unanswered, lawyers...
https://www.lloydslist.com/LL1152010/Daily%20Briefing%2024%20April%202025?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss
IMO carbon price not a done deal industry warned | Revised US port fee plan leaves important questions unanswered, lawyers...
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Iran’s IRGC seizes two foreign tankers carrying ‘smuggled diesel’
https://www.hellenicshippingnews.com/irans-irgc-seizes-two-foreign-tankers-carrying-smuggled-diesel/
Iran’s Islamic Revolutionary Guard Corps (IRGC) has seized two foreign vessels carrying “smuggled” fuel in the Gulf, local media said on Tuesday. The IRGC “seized two Tanzanian-flagged vessels carrying 1.5 million liters of smuggled diesel fuel,” said Iranian news agency Fars. Iranian forces regularly target tankers they say are illegally transporting fuel in the Gulf. ...
https://www.hellenicshippingnews.com/irans-irgc-seizes-two-foreign-tankers-carrying-smuggled-diesel/
Iran’s Islamic Revolutionary Guard Corps (IRGC) has seized two foreign vessels carrying “smuggled” fuel in the Gulf, local media said on Tuesday. The IRGC “seized two Tanzanian-flagged vessels carrying 1.5 million liters of smuggled diesel fuel,” said Iranian news agency Fars. Iranian forces regularly target tankers they say are illegally transporting fuel in the Gulf. ...
Nor-Shipping 2025 – Deep Sea Minerals: Unlocking the future of sustainable resource extraction
https://www.hellenicshippingnews.com/nor-shipping-2025-deep-sea-minerals-unlocking-the-future-of-sustainable-resource-extraction/
As demand for critical minerals escalates, stakeholders worldwide are looking towards the seabed as a potential solution to supply constraints. With geopolitical tensions, environmental concerns, and technological advancements shaping the conversation, the upcoming First Deep Sea Minerals Conference at Nor-Shipping 2025 aims to facilitate critical discussions on the future of sustainable extraction. We spoke with ...
https://www.hellenicshippingnews.com/nor-shipping-2025-deep-sea-minerals-unlocking-the-future-of-sustainable-resource-extraction/
As demand for critical minerals escalates, stakeholders worldwide are looking towards the seabed as a potential solution to supply constraints. With geopolitical tensions, environmental concerns, and technological advancements shaping the conversation, the upcoming First Deep Sea Minerals Conference at Nor-Shipping 2025 aims to facilitate critical discussions on the future of sustainable extraction. We spoke with ...
Westwood Insight – Rig retirements set to rise as utilisation falls to lowest level since 2021
https://www.hellenicshippingnews.com/westwood-insight-rig-retirements-set-to-rise-as-utilisation-falls-to-lowest-level-since-2021/
The offshore rig market recovery appears to have taken a pause, with demand tapering off and marketed utilisation hitting the lowest levels recorded since recovery began in 2021. A variety of factors have contributed to this – including Saudi Aramco’s suspension of over 30 jackup contracts by up to one year, the entry of newbuild ...
https://www.hellenicshippingnews.com/westwood-insight-rig-retirements-set-to-rise-as-utilisation-falls-to-lowest-level-since-2021/
The offshore rig market recovery appears to have taken a pause, with demand tapering off and marketed utilisation hitting the lowest levels recorded since recovery began in 2021. A variety of factors have contributed to this – including Saudi Aramco’s suspension of over 30 jackup contracts by up to one year, the entry of newbuild ...
NYK-Affiliated IT Solution Developer Conducts Demonstration Experiment with SOMPO Group to Reduce Food Loss during Container Transportation
https://www.hellenicshippingnews.com/nyk-affiliated-it-solution-developer-conducts-demonstration-experiment-with-sompo-group-to-reduce-food-loss-during-container-transportation/
On March 24, NYK affiliate Symphony Creative Solutions Pte. Ltd. (“SCS”), an IT solutions developer for shipping and logistics, started a demonstration experiment in collaboration with SOMPO Japan Insurance Inc. (President: Koji Ishikawa; Headquarters: Shinjuku-ku, Tokyo; “SOMPO Japan”) and SOMPO Risk Management (President: Yoji Nakajima; Headquarters: Shinjuku-ku, Tokyo; “SOMPO Risk”) to develop a service that ...
https://www.hellenicshippingnews.com/nyk-affiliated-it-solution-developer-conducts-demonstration-experiment-with-sompo-group-to-reduce-food-loss-during-container-transportation/
On March 24, NYK affiliate Symphony Creative Solutions Pte. Ltd. (“SCS”), an IT solutions developer for shipping and logistics, started a demonstration experiment in collaboration with SOMPO Japan Insurance Inc. (President: Koji Ishikawa; Headquarters: Shinjuku-ku, Tokyo; “SOMPO Japan”) and SOMPO Risk Management (President: Yoji Nakajima; Headquarters: Shinjuku-ku, Tokyo; “SOMPO Risk”) to develop a service that ...
Bangladesh’s RPGCL seeks 3 LNG cargoes for May-June delivery, document shows
https://www.hellenicshippingnews.com/bangladeshs-rpgcl-seeks-3-lng-cargoes-for-may-june-delivery-document-shows-2/
Bangladesh’s Rupantarita Prakritik Gas has issued a tender seeking three spot cargoes of liquefied natural gas for delivery in May and June, according to a tender document on its website on Wednesday. RPGCL is seeking the LNG cargoes for delivery on May 22-23, June 5-6 and 19-20 in a tender that will close on April ...
https://www.hellenicshippingnews.com/bangladeshs-rpgcl-seeks-3-lng-cargoes-for-may-june-delivery-document-shows-2/
Bangladesh’s Rupantarita Prakritik Gas has issued a tender seeking three spot cargoes of liquefied natural gas for delivery in May and June, according to a tender document on its website on Wednesday. RPGCL is seeking the LNG cargoes for delivery on May 22-23, June 5-6 and 19-20 in a tender that will close on April ...
ABS' Wiernicki to Retire at the End of 2025
https://www.marinelink.com/news/abs-wiernicki-retire-end-524967
At the 163rd ABS Annual Members Meeting, the classification society says it has never been stronger, with substantial growth and leading safety performance reported. Key numbers in 2004 included the fleet growing to 300 million gross tons, giving…
https://www.marinelink.com/news/abs-wiernicki-retire-end-524967
At the 163rd ABS Annual Members Meeting, the classification society says it has never been stronger, with substantial growth and leading safety performance reported. Key numbers in 2004 included the fleet growing to 300 million gross tons, giving…
BAE Systems And UMOE Mandal Agree Future Maritime Collaboration
https://www.hellenicshippingnews.com/bae-systems-and-umoe-mandal-agree-future-maritime-collaboration/
A Collaboration Agreement has been signed between BAE Systems and Umoe Mandal that will see the two companies work together to further support Norway and the UK’s maritime requirements. The signing was completed at an industrial collaboration event in Mandal, in the south of Norway, in the presence of British and Norwegian industry and government ...
https://www.hellenicshippingnews.com/bae-systems-and-umoe-mandal-agree-future-maritime-collaboration/
A Collaboration Agreement has been signed between BAE Systems and Umoe Mandal that will see the two companies work together to further support Norway and the UK’s maritime requirements. The signing was completed at an industrial collaboration event in Mandal, in the south of Norway, in the presence of British and Norwegian industry and government ...
VIKING collaborates with offshore wind safety leaders to launch world’s first immersion suit designed for women
https://www.hellenicshippingnews.com/viking-collaborates-with-offshore-wind-safety-leaders-to-launch-worlds-first-immersion-suit-designed-for-women/
VIKING Life-Saving Equipment has launched the first Crew Transfer Vessel (CTV) immersion suit in the world designed for women working in offshore wind energy, using guidance on diversity and inclusivity from industry leaders Ørsted, Siemens and Vestas. The VIKING YouSafe™ Cyclone suit joins a growing portfolio of VIKING PPE whose fit and features reflect the ...
https://www.hellenicshippingnews.com/viking-collaborates-with-offshore-wind-safety-leaders-to-launch-worlds-first-immersion-suit-designed-for-women/
VIKING Life-Saving Equipment has launched the first Crew Transfer Vessel (CTV) immersion suit in the world designed for women working in offshore wind energy, using guidance on diversity and inclusivity from industry leaders Ørsted, Siemens and Vestas. The VIKING YouSafe™ Cyclone suit joins a growing portfolio of VIKING PPE whose fit and features reflect the ...
Atal Solutions Kicks Off $123.7M Retrofitting Project to Drive the Future of Green Shipping
https://www.hellenicshippingnews.com/atal-solutions-kicks-off-123-7m-retrofitting-project-to-drive-the-future-of-green-shipping/
If the shipping industry were a country, it would be the sixth-largest polluter in the world. With its $123.7M retrofitting project, Atal Solutions — alongside Damen Shipyards Group, Blue Astra Maritime Shipping, and a consortium of partners — is taking direct action to change that. This initiative represents a major step toward transforming the global ...
https://www.hellenicshippingnews.com/atal-solutions-kicks-off-123-7m-retrofitting-project-to-drive-the-future-of-green-shipping/
If the shipping industry were a country, it would be the sixth-largest polluter in the world. With its $123.7M retrofitting project, Atal Solutions — alongside Damen Shipyards Group, Blue Astra Maritime Shipping, and a consortium of partners — is taking direct action to change that. This initiative represents a major step toward transforming the global ...
Wilson adopts Tilla Technologies to optimise crew change operations across one of Europe’s largest short sea fleets
https://www.hellenicshippingnews.com/wilson-adopts-tilla-technologies-to-optimise-crew-change-operations-across-one-of-europes-largest-short-sea-fleets/
Tilla Technologies today announces that Wilson, one of Europe’s largest short sea shipping companies, will use its software to manage all crew changes across 101 vessels in its fleet. The rollout is planned for May 2025. The decision was based on the successful use of Tilla Technologies’ solution at Stödig Ship Management, which handles crew ...
https://www.hellenicshippingnews.com/wilson-adopts-tilla-technologies-to-optimise-crew-change-operations-across-one-of-europes-largest-short-sea-fleets/
Tilla Technologies today announces that Wilson, one of Europe’s largest short sea shipping companies, will use its software to manage all crew changes across 101 vessels in its fleet. The rollout is planned for May 2025. The decision was based on the successful use of Tilla Technologies’ solution at Stödig Ship Management, which handles crew ...
FuelEU Maritime compliance strategy is commercial priority for top management, says OceanScore
https://www.hellenicshippingnews.com/fueleu-maritime-compliance-strategy-is-commercial-priority-for-top-management-says-oceanscore/
FuelEU Maritime represents a strategic headache for shipping companies on the same level as its technical complexity. Senior management must evaluate the variables of different compliance options amid fluid economic parameters to make business-critical decisions – so an effective commercial strategy is vital to mitigate risk and manage outcomes, according to OceanScore. “The fundamental novelty ...
https://www.hellenicshippingnews.com/fueleu-maritime-compliance-strategy-is-commercial-priority-for-top-management-says-oceanscore/
FuelEU Maritime represents a strategic headache for shipping companies on the same level as its technical complexity. Senior management must evaluate the variables of different compliance options amid fluid economic parameters to make business-critical decisions – so an effective commercial strategy is vital to mitigate risk and manage outcomes, according to OceanScore. “The fundamental novelty ...
ENGINE: Europe & Africa Bunker Fuel Availability Outlook
https://www.hellenicshippingnews.com/engine-europe-africa-bunker-fuel-availability-outlook-181/
Northwest Europe After the Easter weekend, LSMGO is the only grade that is readily available in the ARA hub with recommended lead times of 3-5 days, a trader told ENGINE. Prompt supply for both HSFO and VLSFO is tight, with recommended lead times of 8-10 days and 5-7 days, respectively. The ARA’s independently held fuel ...
https://www.hellenicshippingnews.com/engine-europe-africa-bunker-fuel-availability-outlook-181/
Northwest Europe After the Easter weekend, LSMGO is the only grade that is readily available in the ARA hub with recommended lead times of 3-5 days, a trader told ENGINE. Prompt supply for both HSFO and VLSFO is tight, with recommended lead times of 8-10 days and 5-7 days, respectively. The ARA’s independently held fuel ...
Cargo Theft Report Reveals Rapidly Shifting Criminal Tactics And Emerging Targets
https://www.hellenicshippingnews.com/cargo-theft-report-reveals-rapidly-shifting-criminal-tactics-and-emerging-targets/
The BSI Consulting and TT Club 2024 Cargo Theft Report gives a detailed analysis of targeted commodities, prime locations for theft, regional hotspots and evolving strategies employed across the world. Detailed case studies are outlined and risk mitigation advice proffered. Of incidents analysed: · Food and beverages were most frequently stolen — 22% · 76% ...
https://www.hellenicshippingnews.com/cargo-theft-report-reveals-rapidly-shifting-criminal-tactics-and-emerging-targets/
The BSI Consulting and TT Club 2024 Cargo Theft Report gives a detailed analysis of targeted commodities, prime locations for theft, regional hotspots and evolving strategies employed across the world. Detailed case studies are outlined and risk mitigation advice proffered. Of incidents analysed: · Food and beverages were most frequently stolen — 22% · 76% ...
Sallaum Lines Selects Inmarsat Nexuswave To Drive Fleetwide Digitalisation Strategy
https://www.hellenicshippingnews.com/sallaum-lines-selects-inmarsat-nexuswave-to-drive-fleetwide-digitalisation-strategy/
Inmarsat Maritime, a Viasat company, has signed an agreement with Sallaum Lines, a leading Roll-on/Roll-off (RoRo) cargo shipping company, to upgrade to Inmarsat Maritime’s NexusWave fully managed bonded connectivity service, making it an early adopter in region. As Sallaum Lines expands its global presence, NexusWave will provide secure, ultra-fast connectivity with unlimited data, complemented by ...
https://www.hellenicshippingnews.com/sallaum-lines-selects-inmarsat-nexuswave-to-drive-fleetwide-digitalisation-strategy/
Inmarsat Maritime, a Viasat company, has signed an agreement with Sallaum Lines, a leading Roll-on/Roll-off (RoRo) cargo shipping company, to upgrade to Inmarsat Maritime’s NexusWave fully managed bonded connectivity service, making it an early adopter in region. As Sallaum Lines expands its global presence, NexusWave will provide secure, ultra-fast connectivity with unlimited data, complemented by ...
HSFO spot differential flips into premium
https://www.hellenicshippingnews.com/hsfo-spot-differential-flips-into-premium/
Spot differential for high sulphur fuel oil (HSFO) flipped back into a premium in Asia on Tuesday, after sinking into a discount since the start of April. Bids for Singapore 380-cst HSFO rose to premiums over cargo quotes, with a trade done at $3 a metric ton. Backwardation for the product is also supported on ...
https://www.hellenicshippingnews.com/hsfo-spot-differential-flips-into-premium/
Spot differential for high sulphur fuel oil (HSFO) flipped back into a premium in Asia on Tuesday, after sinking into a discount since the start of April. Bids for Singapore 380-cst HSFO rose to premiums over cargo quotes, with a trade done at $3 a metric ton. Backwardation for the product is also supported on ...
Conservative platform misrepresents tanker ban and other environmental legislation
https://www.hellenicshippingnews.com/conservative-platform-misrepresents-tanker-ban-and-other-environmental-legislation/
The platform released by the Conservative party further disenfranchises Indigenous People by threatening Bill C-69, aims to “approve” previously permitted LNG projects, and is intentionally obtuse about a so-called “tanker ban” that doesn’t exist when it comes to LNG. The platform ignores the fact that both phases of LNG Canada were approved by the federal ...
https://www.hellenicshippingnews.com/conservative-platform-misrepresents-tanker-ban-and-other-environmental-legislation/
The platform released by the Conservative party further disenfranchises Indigenous People by threatening Bill C-69, aims to “approve” previously permitted LNG projects, and is intentionally obtuse about a so-called “tanker ban” that doesn’t exist when it comes to LNG. The platform ignores the fact that both phases of LNG Canada were approved by the federal ...