IMO Outlines 2025 Priorities
Secretary-General Arsenio Dominguez has highlighted several areas high on the agenda of the International Maritime Organization (IMO), as it embarks on a busy work schedule for 2025.Speaking at a news conference on 14 January 2025, Mr. Dominguez said that IMO’s 176 Member States continue to work together to find solutions to global challenges impacting the maritime sector.Dark fleetHe addressed rising…
Burger to build Passenger Vessel for Wendella Sightseeing
Burger Boat Company has announced that is has been awarded a contract to construct an 89-foot passenger vessel for Wendella Sightseeing Co. Inc.This state-of-the-art passenger vessel will be built with Burger’s renowned craftsmanship and precision engineering, delivering the highest standards of safety, performance, and comfort. The 89-foot vessel is designed to enhance Wendella's commitment to providing exceptional experiences on Chicago’s iconic waterways…
Dozens of Migrants Feared Drowned, NGO says
As many as 50 migrants attempting to reach Spain by boat from West Africa may have drowned, migrant rights group Walking Borders said on Thursday.Moroccan authorities…
Fincantieri Marinette Marine wins Harbor Assistance Grant
Fincantieri Marinette Marine (FMM) will receive $3 million from the State of Wisconsin to improve marine infrastructure along the Menominee River where the company builds surface combatant ships for the U.S. Navy.Governor Tony Evers and the Wisconsin Department of Transportation announced today that five in-state projects will receive more than $10 million in Harbor Assistance Program grants. These grants are intended to strengthen supply chain reliability…
Bardex Strengthens EMEA Team, Welcomes Finch as Director of Business Development
With the addition of Ian Finch to its Sales team, Bardex re-establishes a European base committed to growing and supporting clients and projects across Europe, the Middle East, and Africa.Bardex, a global provider of products and engineering solutions for marine-based heavy lifting, transfer, and restraint, is thrilled to welcome Ian Finch as its Director of Business Development for the EMEA region.
BP to slash over 5% of workforce
BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the energy giant.Around 4,700 employees and 3,000 contractor positions will be cut this year, BP BP.L told Reuters. The cuts were announced in an internal memo seen by Reuters earlier on Thursday.BP shares were up 1% at 1200 GMT.Auchincloss…
Product Tanker Vessel Deliveries to Soar 256%
According to current delivery schedules, product tanker newbuild deliveries are set to reach 12m deadweight tonnes (DWT) in 2025. Deliveries will therefore jump 256% compared to the 3.4m DWT delivered in 2024. At the same time, deliveries will reach a 16-year high and the second highest on record,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.The increase in deliveries follows an increase in contracting of new ships during 2023 and 2024.
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