- Inchcape Shipping Services launches NVOCC service in the United States following FMC licensing
Inchcape Shipping Services has launched a Non-Vessel Operating Common Carrier (NVOCC) service in the United States after securing a Federal Maritime Commission licence. The company said the move will strengthen its logistics and cargo solutions offering across the US market and support customers with integrated freight forwarding services.
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- Genco Shipping board unanimously rejects Diana Shipping’s revised unsolicited tender offer
Genco Shipping & Trading’s board of directors has unanimously rejected Diana Shipping’s revised unsolicited tender offer. The board stated that the proposal significantly undervalues Genco and is not in the best interests of shareholders.
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- Abu Dhabi Maritime Academy and Bahrain Polytechnic sign maritime technology cooperation MoU
Abu Dhabi Maritime Academy and Bahrain Polytechnic have signed a memorandum of understanding to strengthen academic and applied collaboration in maritime transport and emerging technologies. The agreement aims to support research, training programmes and innovation initiatives for the maritime sector.
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- IMO treaty on hazardous and noxious cargo to enter into force in 2027
The International Maritime Organization confirmed that the HNS Convention covering hazardous and noxious cargo will enter into force in 2027. The treaty establishes a global liability and compensation framework for incidents involving dangerous substances transported by sea.
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- Geared bulker values surge on robust demand for modern vessels
Values for geared bulk carriers are rising sharply amid strong demand for modern fuel-efficient vessels. Shipbrokers said limited fleet availability and improving freight market sentiment are supporting higher second-hand prices.
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- The fourth skills revolution at sea
The maritime industry is entering a “fourth skills revolution” driven by digitalisation, automation and alternative fuels, according to Splash247. Shipping companies are increasingly focusing on reskilling seafarers to meet the operational demands of new technologies and decarbonisation.https://splash247.com/the-fourth-skills-revolution-at-sea/
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- Venergy doubles down on tankers with fresh Chinese suezmax order
Greek fleet builder Venergy has placed another suezmax tanker order at a Chinese shipyard as it continues expanding its tanker portfolio. The latest deal reflects continued owner confidence in long-term tanker market fundamentals despite global economic uncertainty.
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- Kpler secures investment exceeding $1 billion
Maritime and commodity analytics company Kpler has secured an investment valued at more than $1 billion. The funding is expected to support the company’s expansion strategy, technology development and further growth in global trade intelligence services.https://splash247.com/kpler-secures-1bn-plus-investment/
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- Delfin approves $5 billion floating LNG export project off Louisiana coast
Delfin Midstream has approved a $5 billion floating LNG export project offshore Louisiana. The development will include floating liquefied natural gas vessels and export infrastructure aimed at supplying international energy markets.https://gcaptain.com/delfin-approves-5-billion-floating-lng-export-project-off-louisiana-coast/
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- EU considers expanding Aspides mission for Hormuz mine-clearing operations
The European Union is considering expanding the Aspides naval mission to include mine-clearing operations in the Strait of Hormuz. The proposal follows rising security concerns in the region and aims to protect commercial shipping and energy supply routes.https://gcaptain.com/eu-weighs-expanding-aspides-mission-to-lead-hormuz-mine-clearing-effort/