Avikus, the autonomous navigation subsidiary of HD Hyundai, hosted a landmark industry event today at the Piraeus Marine Club, marking a significant milestone in the company’s expansion into the Greek maritime market. Titled “From Vision to Voyage,” the event brought together many maritime...
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USACE and USMMA partner to modernize Kings Point campus
The U.S. Department of Transportation has announced that the U.S. Army Corps of Engineers (USACE) New York District and the U.S. Merchant Marine Academy (USMMA) have entered into a long-term agreement for the revitalization and modernization of USMMA’s campus located in Kings Point, New York.
The initial 10-year agreement was signed by Brig. Gen. John Lloyd for USACE and VADM Joanna Nunan for USMMA during an April 11 ceremony at Kings Point.
The announcement follows President Trump’s executive...
https://www.marinelog.com/uncategorized/usace-and-usmma-partner-to-modernize-kings-point-campus/
Five Below Falls As US-China Trade War Spurs Canceled Orders
By Reshmi Basu and Carrington York Apr 11, 2025 (Bloomberg) –Five Below Inc. shares dropped on Friday after the retailer asked vendors to turn away products waiting for shipment in China…
https://gcaptain.com/five-below-falls-as-us-china-trade-war-spurs-canceled-orders/
Centrofin books four suezmaxes at Samsung Heavy
Greece’s Centrofin has added tanker newbuildings to its orderbook in a deal with South Korean yard Samsung Heavy Industries. Shipbuilding sources have placed the Dimitris Procopiou-led company behind the order for four suezmaxes at about $83m per ship. Samsung announced the order without disclosing...
https://splash247.com/centrofin-books-four-suezmaxes-at-samsung-heavy/
Subsea7 extends fixture for Eidesvik JV vessel
Subsea7 has extended the contract with Eidesvik Seven Chartering, the company’s joint venture with Norwegian owner Eidesvik, for the subsea vessel Seven Viking. The Oslo-listed offshore engineering and services player has exercised the remaining option for 2026 and added 2027 as another firm year....
https://splash247.com/subsea7-extends-fixture-for-eidesvik-jv-vessel/
CMA CGM And French AI Startup Target Customer Service
By Gus Trompiz and Florence Loeve PARIS, April 6 (Reuters) – Shipping giant CMA CGM and tech startup Mistral AI expect rapid productivity gains from a 100 million euro partnership unveiled on Sunday,…
https://gcaptain.com/cma-cgm-and-french-ai-startup-target-customer-service/
Julia Bonestroo Banegas joins Jones Walker maritime regulatory team
Julia Bonestroo Banegas has joined Jones Walker LLP as special counsel in the maritime practice group and a member of the maritime regulatory team in the firm’s Washington, D.C, office.
“We are pleased to welcome Julia to our maritime regulatory team,” said Bill Hines, the firm’s managing partner. “Her extensive experience in maritime law and regulatory compliance will be valuable to our clients in Washington, D.C/ and across the country.”
Bonestroo Banegas advises clients on federal and state...
DOF Sea Dragon OSV will feature a range of Kongsberg Maritime solutions
More details are emerging about the OSV (offshore support vessel) that the Crist shipyard in Poland is building for DOF. Provisionally named Sea Dragon, the OSV is set to assist operations off the coast of Newfoundland, Canada.
As we reported earlier, the 110 meter OSV will be powered by six MAN 12V175D variable speed gensets and will feature a full propulsion scope from Rauma, Finland-based Steerprop.
Now Kongsberg Maritime reports that it has secured a contract to supply an integrated package...
Island Drilling scores Equinor contract
Norwegian rig owner and operator Island Drilling has won a long-term contract from Equinor for plug and abandonment work on the Norwegian Continental Shelf. The contract, starting in the first quarter of 2026, is for a firm period of three years plus five one-year extension options. The firm deal,...
https://splash247.com/island-drilling-scores-equinor-contract/
Russian Oil Freight Rates From Baltic Ports to India Ease as More Western Shipowners Return
Freight rates for Russian oil supplies from its Baltic ports to India are declining from recent record highs amid an increase in offers from Western shipowners after Urals crude oil prices fell below a price cap of $60 per barrel, two traders said.