1. Trump’s tariffs to have limited impact on oil, gas prices, Goldman Sachs says. The new tariffs imposed by U.S. President Donald Trump on imports from Canada, Mexico, and China are likely to have a limited near-term impact on global oil and gas prices, Goldman Sachs said in a note on Sunday.
https://cyprusshippingnews.com/2025/02/05/trumps-tariffs-to-have-limited-impact-on-oil-gas-prices-goldman-sachs-says/
2. How to engineer and manage green shipping fuels? Effective management strategies and insights for evolving fuel use.
Back in 2020, the IMO 2020 regulations, which reduced the global upper limit on the sulphur content of ships’ fuel oil from 3.5% to 0.50%, posed significant challenges for the marine industry.
https://cyprusshippingnews.com/2025/02/05/how-to-engineer-and-manage-green-shipping-fuels/
3. Panama’s president says there will be no negotiation about ownership of canal. Panama President José Raúl Mulino said Thursday there will be no negotiation with the United States over ownership of the Panama Canal, and he hopes U.S. Secretary of State Marco Rubio’s upcoming visit will allow them to focus on shared interests including migration and combating drug trafficking.
https://cyprusshippingnews.com/2025/02/05/panamas-president-says-there-will-be-no-negotiation-about-ownership-of-canal/
4. Ocean Network Express and LX Pantos announce Joint Venture to strengthen US Domestic Intermodal Transportation Services. Ocean Network Express and LX Pantos are pleased to announce the successful completion of their joint venture, Boxlinks LLC.
This strategic partnership will leverage the combined strengths of ONE and LX Pantos to provide end-to-end domestic intermodal transportation services, utilizing both companies’ partnerships with major rail carriers and trucking companies to provide efficient and timely delivery of cargo in the United States.
https://cyprusshippingnews.com/2025/02/05/ocean-network-express-and-lx-pantos-announce-joint-venture-to-strengthen-us-domestic-intermodal-transportation-services/
5. Navibulgar ship accused of subsea sabotage off the hook. Swedish prosecutors have released the vessel suspected of cutting a fibre-optic subsea cable between Latvia and the Swedish island of Gotland after assessing the event as an accident, not sabotage.
The Swedish Prosecution Authority seized the Navibulgar-owned, 32,200 dwt bulker Vezhen on January 26.
https://splash247.com/navibulgar-ship-accused-of-subsea-sabotage-off-the-hook/
6. Hanwha Ocean teams up with Baker Hughes to develop ammonia turbine. Hanwha Ocean, one of South Korea’s largest shipyards, has partnered with America’s Baker Hughes to develop what it describes as a carbon-free ship propulsion system. The joint development aims to create an ammonia gas turbine capable of 100% ammonia combustion, with the flexibility to mix ammonia with natural gas as needed with the first ships set to have this technology installed by 2028.
https://splash247.com/hanwha-ocean-teams-up-with-baker-hughes-to-develop-ammonia-turbine/
7. Wallenius SOL buys Mann Lines. Sweden’s Wallenius SOL has acquired British roro outfit Mann Lines adding new offices in Estonia, Latvia, and the UK, while increasing its presence in Finland, Germany, and Benelux.
“This strategic move will enable us to offer a broader range of solutions tailored to customer needs. By combining our strengths, we will achieve increased precision and adaptability, along with enhanced local expertise and presence in our key markets,” Wallenius SOL stated in a release.
https://splash247.com/wallenius-sol-buys-mann-lines/
8. MSC launches iReefer. Mediterranean Shipping Company (MSC), the world’s largest liner, has just launched iReefer, a container monitoring system for reefer cargo. This solution allows customers to track and monitor their temperature-controlled shipments in real time, from anywhere in the world.
https://splash247.com/msc-launches-ireefer/
9. Moody’s: Trump Tariffs Threaten Major Supply Chain Disruptions Across Key Industries. Global trade uncertainty is forcing U.S. companies to urgently reassess their supply chain strategies as new tariffs threaten major disruptions across multiple sectors.
According to John Donigian, Moody’s Senior Director of Supply Chain Strategy, automotive manufacturers face particular challenges as tariffs on Canadian and Chinese auto parts are expected to increase manufacturing costs and could trigger production delays.
https://gcaptain.com/moodys-trump-tariffs-threaten-major-supply-chain-disruptions-across-key-industries/
10. Panama Drops China’s Belt and Road in Nod to U.S. Pressure. U.S. Secretary of State Marco Rubio on Monday welcomed Panama’s decision to let its participation in China’s global infrastructure plan expire, calling the move “a great step forward” for its ties with the United States.
https://gcaptain.com/panama-drops-chinas-belt-and-road-in-nod-to-u-s-pressure/