Maritime
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X @BBC News (World)
BBC News (World)· 2025-09-20 06:25
Maritime Industry Focus - Apprentices travel 4,000 miles for maritime skills training [1]
Panama Canal is making major play to win back lost energy trade
CNBC· 2025-09-19 15:44
Core Insights - The Panama Canal has experienced a significant decline in liquified natural gas (LNG) transits, with a drop of up to 73% due to severe drought conditions affecting vessel weight restrictions [1] - Despite improvements in conditions, LNG shipments have not returned to previous levels, with carriers opting for longer routes around Africa's Cape of Good Hope [1] Group 1: Changes in Booking and Transit Systems - The Panama Canal Authority is planning to reinstate a preferred booking slot system for LNG carriers to attract more business, which was removed during drought years [4] - New packages for LNG transits are being developed to provide flexibility in tanker types and transit dates, based on industry feedback [3][5] - The canal is moving towards a long-term slot allocation approach, allowing for a full year of reservations, although it was underutilized by LNG this year [4] Group 2: Infrastructure Developments - An ambitious pipeline project, the Interoceanic Energy Corridor, is underway to create a 76-kilometer pipeline connecting Atlantic and Pacific ports, allowing for the transport of 2.5 million barrels of energy products per day [6] - This project aims to free up additional vessel slots for LNG by transporting natural gas liquids through the pipeline instead of tankers [6] Group 3: Market Engagement and Interest - The Panama Canal Authority has engaged with approximately 30 corporations, including major players like Exxon Mobil and Shell, to discuss the new energy terminals and pipeline projects [7] - There is a positive reaction from the Asian market, with significant interest from Japanese companies, as Tokyo is the top buyer of natural gas liquid shipments through the canal [7] Group 4: Economic Impact and Trade Dynamics - The Panama Canal is crucial for the U.S. economy, handling about $270 billion in cargo annually, with U.S. commodity exports and imports making up 73% of its traffic [9] - The canal is facing a forecasted decrease in transits due to trade war frontloading, which has affected container cargo volumes [10] Group 5: Regulatory and Competitive Landscape - The process for selecting a concessionaire for the pipeline and energy corridor is in progress, with a tender expected in the second quarter of 2026 [8] - There are ongoing discussions regarding the involvement of Chinese companies in port operations, with a focus on maintaining an open and competitive bidding process [19][20]
X @Bloomberg
Bloomberg· 2025-09-16 19:20
As the Arctic region thaws, there’s surging demand for icebreaker ships that can open it to business — and fend off geopolitical rivals https://t.co/cIBjXfbGdn ...
Arbe Tier-1 Sensrad Secures an Order from WATCHIT for Boat Collision Prevention
Prnewswire· 2025-09-15 12:00
Core Insights - Arbe Robotics has partnered with Sensrad to provide the Hugin D1 radar for WATCHIT's collision prevention system for recreational boats, marking a significant advancement in maritime safety technology [1][4][5] Company Overview - Arbe Robotics is a global leader in ultra-high-resolution radar solutions, offering a chipset that delivers up to 100 times more detail than traditional radar systems, enabling advanced safety features in various vehicle segments [5] - Sensrad, a Tier-1 radar supplier based in Sweden, has developed the Hugin D1 radar, which is versatile and customizable for multiple industries, including boating and robotics [3][5] Product Development - The Hugin D1 radar was selected after a six-month evaluation by WATCHIT, emphasizing its reliability and precision in diverse weather and lighting conditions [2][3] - The radar system is inspired by automotive safety technology, utilizing proximity sensing and marine AI to autonomously assess risks [3] Strategic Collaborations - The collaboration between Arbe and Sensrad is pivotal in delivering advanced imaging radar solutions to the boating industry, enhancing safety and perception for recreational boating [4][5] - Sensrad has placed a significant order for Arbe chipsets to be used in various programs, including initiatives in autonomous vehicles and defense projects [4]
X @The Economist
The Economist· 2025-08-27 09:20
Geopolitical Landscape - 80% of Ukraine's coastline is under Russian control [1] Military Operations - Ukrainian forces drove the Russian navy out of its bases in Crimea [1] - Unmanned Surface Vehicles play a big role in Ukraine's maritime war [1]
X @BBC News (World)
BBC News (World)· 2025-08-19 01:41
Maritime Industry Focus - India leads in the number of abandoned sailors [1] - The report explores the reasons behind India's high ranking in sailor abandonment cases [1]
SFL - Invitation to Presentation of Q2 2025 Results
Globenewswire· 2025-08-14 13:46
Group 1 - SFL Corporation Ltd. plans to release its preliminary financial results for Q2 2025 on August 19, 2025 [1] - A conference call and webcast will be held on the same day at 10:00 AM (EST) / 4:00 PM (CET) for stakeholders [1] - Relevant materials will be available on the Company's Investor Relations section of its website on the same day [1] Group 2 - SFL has maintained a unique track record in the maritime industry, paying dividends every quarter since its NYSE listing in 2004 [3] - The Company's fleet includes tanker vessels, bulkers, container vessels, car carriers, and offshore drilling rigs [3] - SFL's long-term distribution capacity is supported by a portfolio of long-term charters and significant growth in its asset base over time [3]
X @The Wall Street Journal
The Wall Street Journal· 2025-08-11 17:05
Dramatic footage captured two Chinese vessels colliding while chasing a Philippine boat in disputed waters in the South China Sea.🎥 Watch more: https://t.co/xiztjr9NKu https://t.co/Zhofm79lfd ...
Chinese Ships Collide Pursuing Philippine Boat Near Disputed Shoal | WSJ News
WSJ News· 2025-08-11 10:59
Geopolitical Risks - Dangerous maritime maneuvers could lead to maritime incidents [1] - The conflict over Taiwan could involve the Philippines [1] Strategic Planning - Hope is not a plan; preparedness is crucial [1] - Planning is necessary to address potential conflicts [1]
X @BBC News (World)
BBC News (World)· 2025-08-11 10:38
China rams own warship while chasing Philippine vessel https://t.co/Gq5r1RRLub ...