Hong Kong-listed dry bulk giant Pacific Basin has launched a new Sustainable Energy Solutions team, reshaping its long-standing bunker department as the company steps up its response to shifting fuel, …
Splash 24/7
Latest maritime news from Splash 24/7 50 articles shown
Recent Articles
To add to the complications brought about by Ukraine’s renewed maritime attack campaign in and around the Black Sea, shipowners and charterers planning to call at Russian ports should brace …
A third offshore wind farm project in Australia’s Gippsland offshore wind zone has been abandoned, this time by AGL Energy. According to reports from various Australian media outlets, the company …
Emergency response services were put on alert in the English Channel after 18 containers fell overboard from Seatrade’s reefer containership Baltic Klipper during heavy weather on Saturday. Images of containers …
Wallenius Wilhelmsen has extended two major shipping contracts that together carry an estimated added value close to $500m. Chief customer officer Pia Synnerman said the renewals underscore “long and strong …
US supermajor Chevron has revealed plans to invest AUD 3bn ($2bn) in a backfill development that will connect the offshore Geryon and Eurytion natural gas fields to Gorgon’s existing subsea …
Anti-bullying and harassment mandatory training is welcomed, but training alone will not solve the problem, writes Marinos Kokkinis, the CEO of OneCare Group. The decision to make anti-bullying and harassment …
South Korea’s HD Hyundai has signed a partnership with the Tamil Nadu state government regarding the establishment of a new $2bn shipyard in Madurai in southern India. The Thoothukudi region …
The race to acquire state-controlled South Korean flagship HMM is heating up once again. Two years after the first sale attempt failed, Dongwon Group, South Korea’s largest fishing company, has …
Greek tanker owner Performance Shipping has confirmed that the planned forward sale of its 2009-built aframax P Sophia has fallen through after the vessel was not selected for an offshore …
Greek dry bulk owner Diana Shipping has fixed its 2013-built capesize on a new period charter with Glencore Freight, securing cover through at least late 2026. The 2013-built P S …
Floater specialist BW Offshore has confirmed it is carrying out a limited strategic review, responding to ongoing market rumours. The Oslo-listed company said it has hired Pareto Securities to support …
Flex LNG has appointed Marius Foss as chief executive officer, confirming him in the role after several months as interim CEO. Foss has also served as the company’s chief commercial …
Italian product tanker owner and operator d’Amico International Shipping has strengthened its forward cover with two fresh long-term charter deals for a pair of MR tankers, securing earnings visibility across …
Diana Shipping has added fresh period cover to its ultramax fleet after fixing two vessels on multi-year time charters at rates slightly above their previous employment. The Athens-based owner said …
Australian OSV operator and services provider Bhagwan Marine has been awarded a five-year vessel contract with Jadestone Energy, valued at around A$15m ($10m) per year. The deal will see the …
The UK offshore sector is facing potential disruption after more than 400 Unite members employed by Bilfinger UK voted in favour of strike action in a dispute over pensions. The …
Hengli Heavy Industry has tightened its foothold in the Greek newbuilding market after securing fresh LR2 product tanker orders from shipowning groups Alimia and Laskaridis. The Chinese yard confirmed it …
Greek owner George Economou’s TMS Group is set to boost its containership fleet with another wave of LNG dual-fuel newbuildings at China’s Zhoushan Changhong International Shipyard. Industry sources say TMS …
Insurance rates for ships trading in the Black Sea have jumped sharply following a fresh wave of attacks on vessels linked to Russia. Russian president Vladimir Putin has warned that …
French trading giant Louis Dreyfus is coming onboard a Pakistani port development programme, signing with a subsidiary of AD Ports Group to create a clean bulk handling and storage facility …
Samsung Heavy Industries (SHI) from South Korea has made significant advancements in the shipbuilding sector in the United States by forming two new collaborations in line with Washington’s initiative to …
Hapag-Lloyd is seeking to acquire ZIM, Israel’s largest container carrier, according to multiple media outlets, but the move is already running into resistance from ZIM’s workers’ committee, which has warned …
Richard Berkling, CEO of PowerCell Group, writes for Splash today. Every generation believes its challenges are uniquely complex. However, time and time again, humanity has proven that the impossible simply …
According to StormGeo CEO Kim Sørensen, the next 12 months will mark a critical inflection point in how decisions are made at sea and ashore. “Over the next year, I …
Integrated Wind Solutions (IWS) has strengthened its charter backlog after its offshore wind subsidiary, IWS Fleet, locked in fresh extensions for its Skywalker-class commissioning service operation vessels. The company said …
Germany’s Neu Seeschiffahrt has stepped up its fleet renewal drive with a major order for six 342,000 dwt very large ore carriers at China Merchants Shipbuilding Industry, marking one of …
Insurance rates for ships trading in the Black Sea have jumped sharply following a fresh wave of attacks on vessels linked to Russia. Citing data from Marsh, the world’s largest …
The capesize market is ending the year with a burst of momentum rarely seen outside cyclical peaks, as tightening tonnage and strengthening long-haul trade routes drive spot rates to their …
The S&P market is seeing strong momentum. In terms of age profile, 10–15-year-old ships are once again among the most sought-after, supported by capesize rates now closing in on the …
As marketing ratchets up for next April’s big annual dry bulk summit, Splash sits down with top names attending the event. As artificial intelligence gains ground across shipping, Janani Yagnamurthy …
Eyal Ofer’s Zodiac Maritime has joined the latest wave of crude carrier orders, placing a major VLCC newbuilding programme in China as part of its broader $1.6bn fleet renewal drive. …
Carl Martin Faannessen, CEO of Noatun Maritime, is in two minds when it comes to AI and crewing. A ship has a personality, or so many would like us to …
IKEA Supply has joined DCSA+, the Digital Container Shipping Association’s partnership programme for advancing digital standards across the container shipping industry. As the first shipper to participate, IKEA Supply adds …
Large bulkers specialist Winning International Group has expanded its push into the very large ore carrier segment, ordering another six 325,000 dwt VLOCs from CSSC Beihai Shipbuilding to support its …
Taiwanese owner and operator Dong Fang Offshore (DFO) has firmed up its next phase of growth with the signing of a subsea and cable lay vessel (CLV) newbuilding contract with …
Alpha Bulkers, long established in the supramax-to-capesize dry bulk segments, has become the latest Greek owner to pivot into containers, lining up an 11-ship newbuilding programme. Alphaliner is reporting the …
A Portugal-flagged LPG carrier has been attacked by pirates off Equatorial Guinea, with at least nine seafarers reportedly kidnapped. Security firm Vanguard said the CGas Saturn was boarded around 50 …
Security in the Black Sea and surrounding waters has taken an ominous turn following a spike in attacks on Russian-linked shipping and fresh threats from the Kremlin, raising alarm and …
Solstad Maritime has upgraded its upcoming campaign with Prysmian by assigning the larger construction support vessel Normand Energy in place of the originally planned Normand Ocean. The vessel switch strengthens …
Finder Energy has taken a major step toward developing its KTJ oil project offshore Timor-Leste after securing the Petrojarl I FPSO under a strategic deal with Amplus Energy. The Australian …
South Africa’s Competition Commission has referred a price-fixing complaint against eight major container lines to the country’s Competition Tribunal, alleging collusion over general rate increases (GRIs) on trades between Asia …
Nine Filipino seafarers held hostage by Yemen-based Houthi militants following an attack on the Eternity C are set to be released and transferred from Sana’a to Muscat, the Philippine Department …
COSCO, the world’s largest shipowner, has unveiled a new Advanced Technology Research Institute in Shanghai, underlining the Chinese state-owned group’s ambition to position itself as a global shipping technology powerhouse. …
Flex Box Shipping, the Chinese-controlled, Singapore-based owner and commercial manager, has firmed up a previously announced containership order at South Korea’s HD Hyundai Samho Heavy Industries. Alphaliner is reporting Flex …
Shipping is standing on the edge of its biggest productivity shift in a generation – and this time, it’s not driven by a new hull design or fuel type, but …
Shipbroker IFCHOR Galbraiths (IG) is acquiring Brazilian dry bulk shipbroker Aries Shipping for an undisclosed price. Founded in 2005, Aries Shipping is a Rio de Janeiro based firm led by …
Hydrogen’s footprint in transport is widening – from cars and buses to tractors and now ships – with Hyundai Motor stepping up as a key catalyst. This week in Seoul, …
Jinhui Shipping & Transportation has sold another ageing supramax as it continues to refresh its fleet. The Oslo-listed, Hong Kong-based owner confirmed it has agreed to divest the 2012-built 56,361 …
Harbour Energy is preparing to cut around 100 offshore jobs in the UK North Sea as the extended windfall tax continues to squeeze investment and activity across the basin. The …
Stay Updated with Splash 24/7
Never miss important maritime news from Splash 24/7. Set up personalized alerts or search for specific topics to stay informed about industry developments.