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A tanker has been struck by three unknown projectiles while transiting the Strait of Hormuz along the Omani side of the waterway, the latest attack on commercial shipping amid renewed US-Iran hostilities. UK Maritime Trade Operations said the incident occurred at around 20:00 UTC on Monday, approximately 17 nautical miles east of Khasab, Oman. The …
https://splash247.com/tanker-hit-by-three-projectiles-in-hormuz/
https://splash247.com/tanker-hit-by-three-projectiles-in-hormuz/Russia will need around RUB10trn ($116bn) by 2035 to turn its Arctic coastline into a fully fledged transport corridor, an investment bill of such scale that Moscow is likely to need substantial international participation, with China the obvious candidate. Rosatom chief executive Alexey Likhachev told Russian title Expert that development of the so-called Trans-Arctic Transport …
https://splash247.com/russia-puts-116bn-price-tag-on-arctic-shipping-ambitions/
https://splash247.com/russia-puts-116bn-price-tag-on-arctic-shipping-ambitions/A fresh Ukrainian drone attack has sparked a fire and caused damage at Ust-Luga, one of Russia’s most important Baltic export ports. Alexander Drozdenko, governor of Russia’s Leningrad region, confirmed damage inside the port zone early on Tuesday, with emergency services responding while the attack was still being repelled. Russian authorities claimed 44 drones had …
https://splash247.com/drone-strike-sparks-fresh-fire-at-russias-ust-luga-port/
https://splash247.com/drone-strike-sparks-fresh-fire-at-russias-ust-luga-port/Petros Pappas-led Star Bulk Carriers is preparing to add Athens to its long-standing Nasdaq listing, becoming the latest major Greek shipping name to tap the country’s resurgent capital market. Greek financial reports citing Beta Securities say the dry bulk giant is targeting September 9-11 for the transaction, with around €100m ($116m) of shares expected to …
https://splash247.com/star-bulk-readies-athens-dual-listing/
https://splash247.com/star-bulk-readies-athens-dual-listing/Shipping’s decarbonisation debate is moving beyond the search for a winning fuel, with owners now facing a much harder challenge around execution, capital allocation and preserving asset value as carbon costs rise and regulation fragments. That is the central message from ABS’s 2026 Sustainability Outlook, Decision Point: Practical Pathways to 2035, which argues that the …
Maersk could slip from first to fourth in the global liner rankings within the space of just six years as CMA CGM and COSCO continue to expand at a pace the Danish carrier has so far been unwilling to match. Having surrendered the liner crown to Mediterranean Shipping Co (MSC) in early 2022, Maersk is …
https://splash247.com/maersk-tipped-to-slide-off-liner-podium/
https://splash247.com/maersk-tipped-to-slide-off-liner-podium/U.S. President Donald Trump said Monday that ExxonMobil, the largest U.S. oil major, was among a group of companies planning to do business in Venezuela.Exxon declined to comment. Any entrance into the South American country would mark a stunning…
https://www.marinelink.com/news/trump-says-exxon-reenter-venezuela-542578
https://www.marinelink.com/news/trump-says-exxon-reenter-venezuela-542578On August 28, the American Waterways Operators (AWO) organized the second annual Falls Overboard Safety Standdown Day. Falls overboard are the leading cause of mariner fatalities in the tugboat, towboat, and barge industry.Participating companies…
https://www.marinelink.com/news/awo-targets-action-falls-overboard-542580
https://www.marinelink.com/news/awo-targets-action-falls-overboard-542580Tidewater Inc. has announced the completion of its acquisition of Wilson, Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A. (collectively: WSUT), effective August 31, 2026.Quintin Kneen, Tidewater’s President and Chief Executive Officer…
https://www.marinelink.com/news/tidewater-completes-wsut-acquisition-542582
https://www.marinelink.com/news/tidewater-completes-wsut-acquisition-542582Robert Allan Ltd. has been awarded a contract to design a new RAmparts 4300 ASD tug for Guangzhou Port. The vessel will mark the first Robert Allan Ltd.-designed tug to join Guangzhou Port’s fleet and will be constructed by Lianyungang Hongyun Industrial Co., Ltd.
https://www.marinelink.com/news/new-ramparts-asd-tug-designed-guangzhou-542583
https://www.marinelink.com/news/new-ramparts-asd-tug-designed-guangzhou-542583