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Mitsui O.S.K. Lines, announced the signing of a memorandum of understanding for the joint study of ocean transportation of Direct Reduced Iron with SMT Shipping As steel industry intensifies… Presentation from Petros Achytypis, CEO of Prevention at Sea at the CMC Get Together On Tuesday, February 25th, 2025, Cyprus Mar
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News
OneWater Marine announces strategic partnership with OceanWorld Group and Denison Yachting
4+ day, 23+ hour ago (299+ words) The transaction brings together two established names in the global yachting industry with a shared vision to accelerate growth, invest in people, and build a truly international yachting platform spanning the United States, Europe, and the Middle East. “This partnership…...
???Port Partners??? further connects business to opportunity
4+ day, 6+ hour ago (399+ words) Building on more than two decades of efforts to expand access to contracting opportunities for companies of all sizes, the Port of Long Beach is continuing to evolve how it connects with the business community. The Port Partners web portal…...
Seahawk Investments launches dedicated Maritime Credit Fund
6+ day, 4+ hour ago (432+ words) Seahawk Investments announces the launch of the Seahawk Maritime Credit Fund, a Luxembourg-domiciled Reserved Alternative Investment Fund dedicated to providing flexible, asset-backed financing solutions to the global maritime transportation sector. Its first sub fund SMCF I is backed by a…...
US and Iran trade retaliatory attacks on ships as conflict flares
1+ week, 2+ hour ago (1076+ words) The US and Iran traded retaliatory attacks on ships on Saturday, in the latest round of strikes since fighting flared up a week ago following a month of relative calm. The US military said it had “permanently disabled” two Iran-linked…...
Korean Marine Equipment Eyes European Shipyards
1+ week, 3+ hour ago (286+ words) Kim Yeon-jae, head of KOTRA’s Europe Regional Headquarters, noted that growing global demand for eco-friendly shipping, AX adoption, and supply chain diversification represents a significant opportunity for Korean companies, and pledged to support Korean businesses in seizing new opportunities not…...
Knightec brings broad engineering expertise to Trondheim???s ocean technology ecosystem
1+ week, 2+ day ago (502+ words) From subsea and offshore to maritime simulation and advanced product development, Knightec brings broad engineering expertise to Trondheim’s ocean technology ecosystem, and is now joining Ocean Autonomy Cluster. In Trondheim, Knightec Group works with areas such as maritime and crane…...
EU to make last-minute decision on Arctic oil and gas drilling ban
1+ week, 2+ day ago (1311+ words) The European Union is expected to make a last-minute decision on banning new oil and gas exploration in the Arctic during a weekly meeting of the bloc’s 27 commissioners in October, according to two EU officials who spoke to Euronews on…...
US-Venezuela pact seeks 1.5 million b/d of oil output: Rodriguez - Cyprus Shipping News
1+ week, 4+ day ago (1067+ words) Venezuelan Interim President Delcy Rodriguez said Aug. 29 that a newly signed binational oil agreement with the US targets production of more than 1.5 million b/d from 17 strategic fields over a 25-year term. She explained that taking a price of $65 per…...
Trump seeks to refill US oil reserve with Venezuela deal but faces long delay
1+ week, 4+ day ago (357+ words) The problem is that it takes considerable time to produce new crude in Venezuela. The New York Times (NYT) said on this day, “It could take years for the new oil field development project to produce oil at a meaningful…...
Lloyd???s Register appoints Jens Grunenberg as Senior Representative for Germany
1+ week, 4+ day ago (593+ words) Lloyd’s Register has appointed Jens Grunenberg as its Senior Representative for Germany, effective 1 September. Based in Hamburg, Grunenberg will represent LR across Germany, joining the Hamburg management team while acting as a senior representative for the wider German maritime community....