- MACN, ZVDS and VDR launch training to support German maritime SMEs
The Maritime Anti-Corruption Network (MACN), together with the German Shipowners’ Association (VDR) and the German Central Association of Shipping Agents (ZVDS), has launched a new training initiative aimed at supporting German maritime small and medium-sized enterprises. The programme is designed to strengthen compliance awareness and improve anti-corruption practices across the shipping sector.
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- Sustainable Shipping Initiative: IMO offers key to unlocking governance impasse between the Hong Kong and Basel Conventions
The Sustainable Shipping Initiative has stated that the International Maritime Organization could provide the solution needed to resolve governance conflicts between the Hong Kong Convention and the Basel Convention. The group argues that clearer coordination between the frameworks is essential to ensure safe and sustainable ship recycling worldwide.
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- Blooming Future launches operations as part of Braskem’s expanding sustainable fleet
Blooming Future has officially started operations as part of Braskem’s growing sustainable shipping fleet initiative. The launch represents another step in the company’s efforts to reduce emissions and improve the environmental performance of its maritime logistics operations.
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- Trump signs interim Iran deal as focus shifts to Hormuz
U.S. President Donald Trump has signed an interim agreement with Iran, easing immediate concerns over escalating tensions in the Middle East. Attention is now shifting toward the Strait of Hormuz, where shipping markets remain cautious over potential disruptions to global energy flows.https://gcaptain.com/trump-signs-interim-iran-deal-as-focus-shifts-to-hormuz/
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- Barnacle boom: Divers race to clean ships stranded in Persian Gulf
Divers are working around the clock to remove heavy barnacle growth from vessels stranded in the Persian Gulf following prolonged delays and operational disruptions. Shipping companies are facing rising maintenance costs and operational challenges as fouling threatens vessel efficiency and fuel consumption.https://gcaptain.com/barnacle-boom-divers-race-to-clean-ships-stranded-in-persian-gulf/
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- Diana sweetens Genco bid again with cash and stock offer
Diana Shipping has once again improved its takeover proposal for Genco Shipping with a revised package combining cash and stock. The latest bid intensifies consolidation discussions in the dry bulk sector as shipowners continue seeking scale and fleet efficiencies.https://splash247.com/diana-sweetens-genco-bid-again-with-cash-and-stock-offer/
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- Hunter Group launches arbitration over VLCC charter payment dispute
Hunter Group has initiated arbitration proceedings over a payment dispute connected to a VLCC charter agreement. The case highlights ongoing tensions in tanker markets where chartering disagreements and contract enforcement issues continue to affect owners and operators.https://splash247.com/hunter-group-launches-arbitration-over-vlcc-charter-payment-dispute/
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- Easterly exits debut tanker fund and turns sights to bulkers
Easterly has exited its first tanker investment fund and is now shifting strategic focus toward the dry bulk shipping sector. The move reflects changing market dynamics and investor expectations as companies reposition portfolios for different freight market opportunities.https://splash247.com/easterly-exits-debut-tanker-fund-and-turns-sights-to-bulkers/
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- Core Power to explore SMR technology in floating nuclear power plants
Core Power is exploring the use of small modular reactor technology in floating nuclear power plants aimed at supporting future maritime and offshore energy needs. The initiative is part of wider industry interest in nuclear solutions as shipping seeks long-term zero-emission energy alternatives.
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- UK targets Russia’s LNG vessels in new sanctions package
The United Kingdom has introduced a new sanctions package targeting Russian LNG-related vessels as pressure on Moscow’s energy exports continues to increase. The measures are expected to add further complications to Russian shipping operations and international energy logistics.https://www.seanews.co.uk/maritime/uk-targets-russia-s-lng-vessels-in-new-sanctions-package