Access cargoes, ship positions, ships and parts for sale, news, events and jobs
Greek shipowner Harry Vafias has returned to the VLCC segment after some two decades away, lining up a fresh order in South Korea. Vafias-backed outfit, Stealth Maritime, has contracted two 320,000 dwt newbuildings at Hanwha Ocean, with delivery slated for 2030, according to brokers. The yard last week confirmed a contract for two VLCCs for …
https://splash247.com/vafias-makes-vlcc-comeback-with-south-korea-order/
https://splash247.com/vafias-makes-vlcc-comeback-with-south-korea-order/The VLCC newbuilding market has entered historic territory, with ordering across the final quarter of 2025 and the opening quarter of 2026 already surpassing the highest full-year total ever recorded. The orderbook-to-fleet ratio has climbed from 10% to 26% in just 15 months, having been as low as approximately 1% in mid-2023, according to broker …
https://splash247.com/vlcc-newbuild-bonanza-smashes-two-decade-old-annual-record-in-just-six-months/
https://splash247.com/vlcc-newbuild-bonanza-smashes-two-decade-old-annual-record-in-just-six-months/Global oil markets surged back above the $100-per-barrel mark on Monday as the eighth week of the Hormuz crisis opened with a dramatic escalation – the United States formally implementing a naval blockade of Iranian ports and the collapse of weekend peace negotiations in Islamabad dealing a fresh blow to hopes of a diplomatic resolution. …
https://splash247.com/trumps-blockade-brinkmanship-fuels-oil-surge/
https://splash247.com/trumps-blockade-brinkmanship-fuels-oil-surge/President Donald Trump said on Sunday the U.S. Navy would start blockading the Strait of Hormuz, raising the stakes after marathon talks with Iran failed to reach a deal to end the war, jeopardizing a fragile two-week ceasefire.The U.S. Central Command said U.S.
https://www.marinelink.com/news/us-navy-block-ships-iranian-ports-537948
https://www.marinelink.com/news/us-navy-block-ships-iranian-ports-537948A second flotilla carrying humanitarian aid to Palestinians in Gaza was due to set sail on Sunday from the Spanish port of Barcelona, aiming to try to break the Israeli blockade.Thirty-nine boats were due to leave the Mediterranean port city…
https://www.marinelink.com/news/gaza-aid-flotilla-aims-break-israeli-537949
https://www.marinelink.com/news/gaza-aid-flotilla-aims-break-israeli-537949A fire involving containers on board the London-registered container vessel Ever Lenient at Singapore’s PSA Pasir Panjang Terminal was extinguished on April 11.Firefighting efforts continued through the night, led by the Singapore Civil Defence Force…
https://www.marinelink.com/news/singapore-container-ship-fire-537950
https://www.marinelink.com/news/singapore-container-ship-fire-537950The European Commission has published the verified EU Emissions Trading System (EU ETS) emissions data for 2025 showing a -1.3% reduction in ETS emissions, compared to 2024 levels.This reduction continues the steady downward trend of emissions.
https://www.marinelink.com/news/eu-emissions-trading-system-sustains-537952
https://www.marinelink.com/news/eu-emissions-trading-system-sustains-537952The single most consequential development of Week 15 came out of Washington, not the recycling yards, reports cash buyer GMS. President Trump’s decision to delay planned strikes on Iranian energy infrastructure by five days, alongside comments describing talks with Iran as “productive…
https://www.marinelink.com/news/firming-baltic-dry-index-headwind-537954
https://www.marinelink.com/news/firming-baltic-dry-index-headwind-537954The IWH Group has launched Blue Future, a new service designed to help marine and offshore organizations assess their digital preparedness, define a realistic target operating model, and build a roadmap from legacy, manual ways of working to more resilient, scalable digital operations.
https://www.marinelink.com/news/iwh-group-launches-blue-future-help-537927
https://www.marinelink.com/news/iwh-group-launches-blue-future-help-537927Pakistan said its navy had rescued and evacuated 18 crew members of a merchant vessel operating in the North Arabian sea after a distress call.The rescued crew members of the vessel, GOLD AUTUMN, who included nationals of China, Bangladesh, Myanmar, Vietnam and Indonesia, were safely transported to
https://www.marinelink.com/news/pakistan-navy-evacuates-merchant-ship-537934
https://www.marinelink.com/news/pakistan-navy-evacuates-merchant-ship-537934