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Another Chinese industrial group is moving into mainstream merchant shipbuilding, with Titan Wind Energy securing its first order for conventional crude oil tankers. The Suzhou-based renewable energy equipment manufacturer said its wholly owned offshore engineering subsidiary had signed a contract with an undisclosed international shipowner for two firm 113,800 dwt tankers, with options for two …
https://splash247.com/titan-wind-energy-joins-chinas-tanker-building-ranks/
https://splash247.com/titan-wind-energy-joins-chinas-tanker-building-ranks/A new ocean-going shipping company has been established in Dalian as the northeastern Chinese port city seeks to retain more value from locally generated cargo and build greater control over international transport capacity. Dalian Ocean Shipping Co was formally inaugurated on July 22 under the leadership of China Dalian International Economic & Technical Cooperation Group, …
https://splash247.com/dalian-launches-new-deepsea-shipping-platform/
https://splash247.com/dalian-launches-new-deepsea-shipping-platform/Splash Ports, a dedicated vertical covering the ports and terminals sector across container, bulk, and energy operations worldwide, launches today. The new publication has been created to provide daily reporting, analysis and intelligence covering the infrastructure, investment, technology and policy shaping the world’s ports and supply chains. Splash Ports will cover port authorities, container terminals, …
https://splash247.com/splash-ports-a-new-home-for-ports-intelligence/
https://splash247.com/splash-ports-a-new-home-for-ports-intelligence/Commercial shipping across the Black Sea is being squeezed from both directions as Russia steps up attacks on Ukrainian ports and vessels while Kyiv’s drone campaign forces new restrictions at Russia’s largest maritime gateways. Russia’s defence ministry said on Wednesday that its forces struck port infrastructure and ships in Odesa and Chornomorsk. It claimed a …
https://splash247.com/russia-ukraine-strikes-choke-black-sea-trade/
https://splash247.com/russia-ukraine-strikes-choke-black-sea-trade/Yemen’s Houthi movement claimed to have struck two Saudi oil tankers in the Red Sea on Wednesday, the first attacks since the group declared a naval blockade on Saudi Arabia earlier this week and a direct test of how far it is willing to escalate. The Yemeni Armed Forces said it targeted the Encelia and …
https://splash247.com/houthis-claim-strikes-on-two-saudi-tankers/
https://splash247.com/houthis-claim-strikes-on-two-saudi-tankers/DP World has confirmed plans for two major terminals on the UAE’s east coast, creating new cargo-handling capacity outside the Strait of Hormuz as war forces governments and logistics groups to redraw the Middle East’s transport map. The Dubai-based operator has reached an agreement in principle with Fujairah Ports Authority for a 50-year concession covering …
https://splash247.com/ports-and-pipelines-reshape-middle-east-trade-beyond-hormuz/
https://splash247.com/ports-and-pipelines-reshape-middle-east-trade-beyond-hormuz/Oslo-listed Pelagic Credit has made its first move into chemical tankers, committing $24.7m to the pre-delivery financing of two newbuildings. The deal covers two 10,000 dwt vessels, with the funding to cover yard instalments through construction. The shipyard, owner and delivery dates have not been disclosed. Pelagic Credit expects the pre-delivery loan to generate around …
https://splash247.com/pelagic-credit-adds-chemical-tankers-to-investment-mix/
https://splash247.com/pelagic-credit-adds-chemical-tankers-to-investment-mix/Samsung Heavy Industries has signed a memorandum of understanding with US nuclear engineering specialist Sargent & Lundy to accelerate development of a standardised floating small modular reactor platform. The agreement moves Samsung Heavy’s floating SMR programme beyond the conceptual design completed in 2025 and towards licensing, construction planning and commercial deployment. The partners will jointly …
https://splash247.com/samsung-heavy-partners-with-sargent-lundy-on-floating-nuclear-platform/
https://splash247.com/samsung-heavy-partners-with-sargent-lundy-on-floating-nuclear-platform/International shipping executives are being encouraged to make Singapore their base for a full week of high-level meetings, conferences and networking this September, as a concentrated run of major maritime events brings many of the industry’s most influential decision-makers to the city. At the centre of the week – just two months away tomorrow – …
https://splash247.com/why-singapore-is-the-place-to-be-for-world-maritime-day-2026/
https://splash247.com/why-singapore-is-the-place-to-be-for-world-maritime-day-2026/Improving injury rates are masking the continued threat of fatal accidents across the offshore marine contracting industry, according to the International Marine Contractors Association (IMCA) after its latest Annual Safety Statistics Report…
https://www.marinelink.com/news/offshore-safety-improving-injury-rates-541432
https://www.marinelink.com/news/offshore-safety-improving-injury-rates-541432