1. Scorpio Tankers ships out MR brace for $85m. Monaco-headquartered product tanker major Scorpio Tankers is shipping out a pair of MR vessels for a total price of $85m.
The Emanuele Lauro-led firm has struck a deal for the sale of 2014-built scrubber fitted STI San Antonio and STI Texas City at $42.5m each.
https://splash247.com/scorpio-tankers-ships-out-mr-brace-for-85m/
https://splash247.com/scorpio-tankers-ships-out-mr-brace-for-85m/
2. Ambrey teams up with Chartworld to increase maritime security. Security specialists Ambrey has formed a strategic partnership with Cyprus-headquartered navigation specialist Chartworld.
This collaboration will look to enhance the safety and security of vessels worldwide by delivering real-time global security alerts directly to shipmasters through the Electronic Chart Display and Information System (ECDIS).
https://splash247.com/ambrey-teams-up-with-chartworld-to-increase-maritime-security/
https://splash247.com/ambrey-teams-up-with-chartworld-to-increase-maritime-security/
3. Gerdes Green signs for second Damen newbuild. Germany’s Gerdes Green has signed up for another hybrid combi freighter newbuild at Dutch shipbuilder Damen. The joint venture between shortsea shipping companies Reederei Gerdes and Over-C will be adding a second 3,850 dwt general cargo vessel, jointly developed with the yard and vessel charterer Cargill.
https://splash247.com/gerdes-green-signs-for-second-damen-newbuild/
https://splash247.com/gerdes-green-signs-for-second-damen-newbuild/
4. Chevron Initiates Water Injection to Boost Gulf of Mexico Oil Recovery. Chevron Corporation has launched water injection operations at its Jack/St. Malo and Tahiti facilities in the deepwater U.S. Gulf of Mexico to enhance oil and natural gas recovery.
These two projects aim to maximize returns from existing resources and contribute to growing production to 300,000 net barrels of oil equivalent per day by 2026, according to Bruce Niemeyer, president of Chevron Americas Exploration & Production.
https://gcaptain.com/chevron-initiates-water-injection-to-boost-gulf-of-mexico-oil-recovery/
https://gcaptain.com/chevron-initiates-water-injection-to-boost-gulf-of-mexico-oil-recovery/
5. Could Future Naval Battles Be Fought With Morse Code? Could future naval battles be waged using Morse code flashed between ships? One admiral believes so.At the 3rd Indo-Pacific Security Conference 2024, held today at the Bundeswehr Command & Staff College in Hamburg, Germany, a question arose about the ability of navies to protect tankers and replenishment oilers in the event of war in the Western Pacific.
https://gcaptain.com/could-future-naval-battles-be-fought-with-morse-code/
https://gcaptain.com/could-future-naval-battles-be-fought-with-morse-code/
6. Prevention at Sea and DYNAMARINe announce Strategic Partnership. Prevention at Sea  and DYNAMARINe, two leading companies in the maritime industry, are proud to announce a new strategic co-operation through an MOU signed recently, that aims to advance sustainable practice and enhance safety compliance within the global shipping sector. This collaboration reflects both companies’ vision and commitment to innovation and excellence, leveraging their combined expertise to deliver high-quality solutions that meet the evolving needs of the maritime community.
https://cyprusshippingnews.com/2024/09/04/prevention-at-sea-and-dynamarine-announce-strategic-partnership/
https://cyprusshippingnews.com/2024/09/04/prevention-at-sea-and-dynamarine-announce-strategic-partnership/
7. PD Ports celebrates 10 year logistics and warehouse contract extension with global chemical giant Venator. PD Ports is delighted to have secured a new ten-year contract with global chemical company Venator.
The new deal extends a 20-year working relationship between the two companies at Port of Hartlepool and secures 24 jobs, with PD Ports providing dedicated logistics and warehousing operations for Venator’s Greatham facility, from raw material to finished product.
https://cyprusshippingnews.com/2024/09/04/pd-ports-celebrates-10-year-logistics-and-warehouse-contract-extension-with-global-chemical-giant-venator/
https://cyprusshippingnews.com/2024/09/04/pd-ports-celebrates-10-year-logistics-and-warehouse-contract-extension-with-global-chemical-giant-venator/
8. Trans Global projects appoints new Global Head of Communications and Marketing. Trans Global Projects has appointed Eva Heumann as Global Head of Communications and Marketing.
“Eva brings a wealth of experience to the role having worked across construction, research and logistics industries” said Colin Charnock, Chief Executive Officer, Trans Global Projects
https://cyprusshippingnews.com/2024/09/04/trans-global-projects-appoints-new-global-head-of-communications-and-marketing/
https://cyprusshippingnews.com/2024/09/04/trans-global-projects-appoints-new-global-head-of-communications-and-marketing/
9. MOL PLUS invest in Global Fund 2 managed by UntroD. MOL PLUS  announced its intent to invest in the “Global Fund 2 ” managed by UntroD Capital Asia
Global Fund 2 aims to solve social issues by investing in deep tech startups, mainly in the seed stage through Series B. The investment area will focus on startups based in Southeast Asia, but will also cover startups outside the region with high growth potential in Southeast Asia.
https://cyprusshippingnews.com/2024/09/04/mol-plus-invest-in-global-fund-2-managed-by-untrod/
https://cyprusshippingnews.com/2024/09/04/mol-plus-invest-in-global-fund-2-managed-by-untrod/
10. Are buoyant dry bulk markets bracing for fourth quarter iron ore angst? The summer has been upbeat but tight monetary policy and bearish steel indicators suggest a bumpy landing in a normally positive quarter
 Cash-rich dry bulk shipowners returning from their summer vacations have enjoyed markets characterised by remarkable stability, with spot rates trading in atypically narrow ranges.
https://cyprusshippingnews.com/2024/09/04/are-buoyant-dry-bulk-markets-bracing-for-fourth-quarter-iron-ore-angst/
https://cyprusshippingnews.com/2024/09/04/are-buoyant-dry-bulk-markets-bracing-for-fourth-quarter-iron-ore-angst/
