Bunker Oil & Shipping Channel
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The two ships commissioned by Hartel Shipping & Chartering will serve the European shortsea market.
GLO Marine, VMS Group Land Multi-Vessel Retrofit Job for Tidewater
https://www.marinelink.com/news/glo-marine-vms-group-land-multivessel-525084

GLO Marine and VMS Group Denmark have secured a multi-vessel retrofit work for offshore support vessel operator Tidewater, expanding their role in the offshore energy sector.Covering 16 vessels across three continents, including several in U.S.
Cairn hires EMGS for 3D survey off India
https://splash247.com/cairn-hires-emgs-for-3d-survey-off-india/

Norwegian seismic service provider Electromagnetic Geoservices (EMGS) has been hired by India’s Cairn Oil & Gas to conduct a 3D controlled source electromagnetic survey for its exploration campaign in the deepwater Krishna-Godavari block on India’s east coast. Cairn will be one of the first companies in India to utilise 3D CSEM survey technology, which is …
Gross profit from the marine segment was $35.7 million in Q1 2025, down from $48.4 million a year earlier.
Failing to keep track of energy density variations could be costing shipping companies as much as $25/mt in fuel bills, Shipergy CEO Daniel Rose tells Ship & Bunker.
Japan mulls buying more US corn as part of tariff talks, Nikkei reports
https://www.hellenicshippingnews.com/japan-mulls-buying-more-us-corn-as-part-of-tariff-talks-nikkei-reports/

Japan is considering increasing its corn imports from the United States as part of trade negotiations over President Donald Trump’s sweeping tariffs, the Nikkei reported on Friday. The U.S. exported $2.8 billion worth of corn to Japan in 2024, to counter an 80% drop in exports to China. Hiroshi Moriyama, a ruling Liberal Democratic Party ...
China’s bonded bunker fuel imports grow in March – JLC
https://www.hellenicshippingnews.com/chinas-bonded-bunker-fuel-imports-grow-in-march-jlc/

China imported a total of 665,800 mt of bonded bunker fuel last month, marking a significant surge of 73.7% from the same period last year, JLC reported citing data from China’s General Administration of Customs (GACC). The increase was driven by tight VLSFO supply in the domestic market and lower international bunker fuel prices, JLC ...
The influence of temperature on the corrosion rate of cargo and water ballast tanks
https://www.hellenicshippingnews.com/the-influence-of-temperature-on-the-corrosion-rate-of-cargo-and-water-ballast-tanks/

Corrosion in cargo and water ballast tanks presents a significant challenge. DNV analyses reveal that corrosion is the most common cause of hull findings, and our surveyors often discover coatings breaking down much earlier than anticipated. Exposure of the ship structure to high temperatures may be a possible reason. This technical news explores the topic ...
US shale patch slows down as oil prices sink
https://www.hellenicshippingnews.com/us-shale-patch-slows-down-as-oil-prices-sink/

Some small U.S. shale producers are putting the brakes on oil drilling as crude prices sink to multi-year lows and steep tariffs drive construction costs higher. Less drilling could slow future output growth from the world’s top oil producer. Total U.S. production is forecast to reach a new record this year at 13.7 million barrels ...
The oil industry nervously stands by: Tariff uncertainty and price volatility are threats to supply, investment and the service sector
https://www.hellenicshippingnews.com/the-oil-industry-nervously-stands-by-tariff-uncertainty-and-price-volatility-are-threats-to-supply-investment-and-the-service-sector/

Producers are preparing for potential further declines, with investment in the US Lower 48 tight oil sector particularly responsive. If prices plummet to US$50/bbl, up to 1.2 million barrels per day could be at risk by 2026. Wood Mackenzie’s report, “Is oil price volatility a threat to upstream production, investment and supply chains?” offers an ...
Oil prices are likely to stay volatile in the short term
https://www.hellenicshippingnews.com/oil-prices-are-likely-to-stay-volatile-in-the-short-term/

Kazakhstan has been a constant overproducer within the OPEC+ group, and its compliance level has deteriorated with the start of the Tengiz oil field. The oil field generates substantial tax revenues for the country, and the largest Kazakh oil fields are run by international oil companies, making it harder to implement production reductions. But other ...
Oil prices edge higher amid economic uncertainty, OPEC+ supply fears
https://www.hellenicshippingnews.com/oil-prices-edge-higher-amid-economic-uncertainty-opec-supply-fears/

Oil prices inched higher on Monday though remained dogged by uncertainty over trade talks between the U.S. and China, clouding the outlook for global growth and fuel demand, while the prospect of OPEC+ raising supply cast more gloom. Brent crude futures were up 21 cents, or 0.3%, at $67.08 a barrel, as of 0742 GMT. ...
Three onshore charging stations will be installed at three Norwegian ports, with delivery expected by the end of next year.
Navantia UK Appoints New Chief Commercial and Business Development Officer
https://www.marinelink.com/news/navantia-uk-appoints-new-chief-commercial-525096

Navantia UK has announced the appointment of Derek Jones as Chief Commercial and Business Development Officer.Jones brings over 30 years of experience in the defense sector to Navantia UK, including leadership roles at Babcock International Group, BAE Systems, and GEC Marconi.
CMT Warns Against AI Dependence in Engine Monitoring, Human Engineers Remain Critical
https://www.marinelink.com/news/cmt-warns-against-ai-dependence-engine-525097

Condition Monitoring Technologies (CMT) has cautioned against placing sole reliance on artificial intelligence in ship condition monitoring, warning that human expertise remains essential to ensure safety and accuracy in maritime operations.As…
Odyssey Marine Exploration Welcomes New Executive Order for Deep Sea Mining
https://www.marinelink.com/news/odyssey-marine-exploration-welcomes-new-525098

Odyssey Marine Exploration, Inc. is pleased to see the issuance of a new Executive Order titled Unleashing America’s Offshore Critical Minerals and Resources. In addition, the company confirms that it currently has no specific plans to issue…
Massive explosion rocks Iran’s Shahid Rajaee port
https://www.lloydslist.com/LL1153280/Massive%20explosion%20rocks%20Iran%E2%80%99s%20Shahid%20Rajaee%20port?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss

A devastating explosion in the Shahid Rajaee port in southern Iran on Saturday afternoon killed at least 40 people and...